Head, Treasury (Management) at KNN Corporate Services Limited

KNN Corporate Services Limited is a dynamic group of professionals with more than three decades of combined experience in supporting businesses, providing corporate governance, HR consulting and company secretarial services. We are young, energetic, and highly proficient in our various fields, and also enjoy serving you - our client.

We are recruiting to fill the position below:

Job Title: Head, Treasury (Management)

Location: Lagos, Nigeria
Employment Type: Full-time

Job Summary

• Responsible for executing the bank's treasury function. To efficiently measure and manage the treasury function, manage a team that performs a wide range of job duties and responsibilities.

Principal Duties and Responsibilities
Finances:

• Monitoring and managing the bank's liquidity.
• Generate, lead, and mobilize significant deposits across the liquidity matrix.
• Analyzing various scenarios and risks and reporting to Executive Director, BDD/Treasury.
• Forecasting of medium and long-term funding and hedging requirements.
• Daily cash management.
• Debt facilities management.
• Drive profitability of the unit, monitoring income generated through trading, fees, etc.
• Oversee the management of the bank's Investment Funds.

Relationship / Stakeholder Management:

• Evaluating and reviewing opportunities in the equity market and recommending appropriate opportunities to the management.
• Review and support branches and units in identifying deposit opportunities and cross-selling of services across the bank.
• Preparation of Board and monthly ALCO report for management review.
• Preparation of a weekly gap analysis for planning and decision-making.
• Review and prepare MIS reports related to treasury and investments required by the management.
• Supporting the month-end process where necessary.
• Liaising with senior management across the organization.
• Maintain relationships with the bank's corporate customers.
• Authorize other groups, units, and branches on acceptable deposit and foreign exchange rates.

Process Management:

• Interest rate risk management and development of risk mitigation strategies.
• Develop a policy & procedure manual for treasury & investment operations with adequate controls incorporated.
• Implement measures for enhancing the processes relating to client profitability tracking, FX trading systems, etc.

Business Development:

• Submit proposals to the Management on the launch of new Investment Funds and treasury Products & Services.

Qualifications, Competency & Skills Required

• Minimum of First Degree in a relevant discipline preferably in Finance/ Investments/ Banking.
• A Master's Degree would be an added advantage.
• Relevant professional certifications and/or a second degree.
• Minimum of 10 years' experience managing a Treasury Function.
• Sound understanding of accounting principles.

Competencies:

• Knowledge of a mortgage bank's structure policies, processes, and procedures.
• Knowledge of the banking industry.
• Knowledge of the mortgage Industry.
• Asset and liability management.
• Cash management.
• Financial markets analysis.
• Investment management.
• Knowledge of banking operations.
• Knowledge of derivatives trading.
• Knowledge of treasury operations.
• Knowledge of banking strategy.
• Knowledge of financial markets.
• Knowledge of foreign exchange markets and operations.
• Money market trading.

Skills:

• Business environment analysis.
• Credit analysis.
• Deal structuring.
• Financial modeling.
• Financial statement analysis.
• Forecasting skills.
• Gap analysis and gap management.
• Liquidity management.
• Process improvement.
• Proposal Writing.
• Risk Management.
• Analytical Skills (Ability to use MS office applications; MS Word, MS Excel, MS PowerPoint).

Candidate Abilities & Personality Profile:

• Adaptability.
• Attention to details.
• Building effective teams.
• Coaching.
• Communication skills (Oral & Written).
• Customer focus.
• Emotional intelligence.
• Interpersonal skills.
• Managing relationships.
• Managing and measuring work.
• Motivating others.
• Negotiation.
• Organized.

Application Closing Date
31st September, 2023.