Posted on Fri 16th May, 2025 - hotnigerianjobs.com --- (0 comments)
Beacongate Limited is a leading HR and business consulting firm based in Lagos, Nigeria. We specialize in recruitment, training, outsourcing, and advisory services, helping businesses and professionals grow through tailored, effective solutions. Join our dynamic team and be part of an organization committed to excellence, innovation, and people development.
We are recruiting to fill the position below:
Job Title: Head, Treasury Sales
Location: Victoria Island, Lagos
Employment Type: Full-time
Job Summary
Responsible for executing the bank's treasury function.
To efficiently oversee the Bank’s treasury sales, drive business growth, mobilize deposits, and manage liquidity.
Manage a team that performs a wide range of job duties and responsibilities.
Principal Duties and Responsibilities
Finance:
Monitoring and managing the bank’s liquidity.
Analyzing and reporting various scenarios and risks
Forecasting of medium and long-term funding and hedging requirements.
Daily cash management.
Debt facilities management.
Drive profitability of the unit, monitoring income generation
Oversee the management of the bank’s Investment Funds.
Maintaining a low weight average cost of funds.
Sales/Business Development:
Generate, lead, and mobilize significant deposits across the liquidity matrix.
Mobilization of high-volume deposits
Develop strategies for the growth of the Bank and achievement of sales targets
Submit proposals to the Management to launch new Investment Funds and treasury Products & Services.
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.
Relationship/ Stakeholder Management:
Supporting the Bank’s 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 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 etc.
Reporting:
Preparation of Board and monthly ALCO report for management review.
Preparation of weekly gap analysis for planning and decision-making.
Review and prepare MIS reports related to treasury and investments required by the management.
Qualifications, Competency & Skills Required
Minimum of First Degree in a relevant discipline preferably in Finance/ Investments/Banking.
Master’s Degree would be an added advantage.
Relevant professional certifications and/or a second degree.
Minimum of 10-year experience managing a Treasury Function.
Sound understanding of accounting principles.
Competency:
Knowledge of a mortgage bank’s structure policies, processes and procedures.
Knowledge of the banking industry.
Asset and liability management.
Cash management.
Investment management and analysis
Knowledge of derivatives trading.
Knowledge of treasury Sales and operations.
Knowledge of financial markets.
Money market trading.
Skills:
Business environment analysis.
Credit analysis.
Deal structuring.
Financial modeling.
Financial statement analysis.
Forecasting skills.
Gap analysis and management.
Liquidity management.
Process improvement.
Project management.
Proposal writing.
Risk management.
Analytical skills ability to use MS Office applications (MS Word, MS Excel, MS PowerPoints).
Salary
N16,348,500.00 - N22,510,614.46 annually
Application Closing Date
22nd May, 2025.
Method of Application
Interested and qualified candidates should send their CV to: beacongatejobportal@gmail.com using the job title as the subject of the email.