The UBA Group is a highly diversified financial services provider, with business offices in New York, Paris and a subsidiary in London. A leading player on the African continent, UBA has significant market share and operations in 19 different African countries.
The Group has a strong retail franchise across the continent offering its more than seven million customers a bouquet of products and services tailored to meet their different financial needs.
UBA Group has presence in 19 African countries with over 15,000 employees.
UBA Group is recruiting to fill the position of:
Job Title: Head Treasury UBA Africa
Location: Nigeria
Job Description
Reporting Relationships
- Functionally reports to: Group Treasurer
- Administratively reports to: CEO UBA Africa
Job objective(s)
- To oversee and manage the Treasury activities across the 18 African subcidiaries of UBA.
- To ensure that the Bank meets its liquidity, profitability and solvency goals, in line with statutory requirements and the Bank’s internal limits and guidelines.
Duties & Responsibilities
- Develop an efficient and effective treasury practice that supports the Bank’s overall objectives of customer satisfaction and growth in business volume
- Develop an Integrated Treasury which is responsive to the Group’s needs, profitable, focused on cost optimization with enhanced liquidity and good risk management practices (Basle II compliant )
- Develop assets and instruments that will surpass the investment expectations of all the Bank's chosen markets
- Strengthen the reach, depth and sophistication of UBA Africa Treasury’s interface with the markets
- Explore and capitalize on synergies within the Group structure to develop partnerships with correspondent banks and other institutions
- Advice UBA Africa management on regulations, statutory policies and markets.
- Monitor and analyze development in the various operating environment in Africa and their implications on the Group's portfolio
- Manage the Bank’s open position across Africa.
- Liaise with the country CEOs to forge and implement market development initiatives in line with local regulations and other market realities.
- Expand operations to cover all the African subsidiaries and their business units.
- Coach/Mentor Country Treasurers where required
Key Performance Indicators
- Number of new businesses
- UBA Africa Business Volume
- External and Internal customer satisfaction levels
- Market share
- Customer penetration evidenced by volume/value of products per customer
- Regulatory compliance
- Margins on Trading
- Competitive pricing
- Overall responsibility for UBA Africa Budget Contribution Margin
Desired Skills and Experience
- Good understanding of the Global economy
- Knowledge and understanding of International Foreign exchange market
- Strong trading skills
- Analytical Skills
- Good Customer Service / Relationship Management
- Strong negotiation skills
- Oral & Written communication (being bilingual is added advantage)
- Product initiation skills
- Foreign Currencies Trading dynamics
- Good understanding of methods of market analysis (Fundamental and Technical)
- Excellent knowledge of FOREX products
Application Closing Date
Not Stated
How to Apply
Interested candidates should
Click here to apply