Deputy Treasurer
Location: Lagos
Employment Type: Full-time
Job Summary
- The Deputy Treasurer supports the Treasurer in managing the Bank’s liquidity, funding, investments, and balance sheet optimisation.
- The role ensures effective cash management, compliance with regulatory requirements, and execution of treasury strategies that support profitability, risk management, and capital efficiency.
Principal Duties and Responsibilities
- Support the formulation and execution of the Bank’s treasury strategy in line with business objectives.
- Manage daily liquidity positions to ensure adequate funding and optimal cash utilisation.
- Oversee money market, fixed income, FX funding, and investment activities within approved limits.
- Monitor interest rate, liquidity, and market risks and ensure compliance with ALCO and regulatory limits.
- Support asset-liability management (ALM) activities, including balance sheet optimisation.
- Prepare treasury reports for ALCO, Management, and Regulators.
- Ensure compliance with CBN regulations and internal treasury policies.
- Supervise treasury operations, settlements, and reconciliations.
- Support relationship management with correspondent banks and financial institutions.
- Act for the Treasurer when required.
Key Performance Indicators
- Liquidity ratios are maintained within approved limits.
- Cost of funds versus target.
- Investment yield versus benchmark.
- Number of regulatory breaches or exceptions.
- Timeliness and accuracy of treasury reports.
Qualification and Experience
- First degree in Finance, Accounting, Economics, or a related discipline.
- A professional qualification (ACA, ACCA, CFA, ACT) is an added advantage.
- Minimum of 8 years’ experience in treasury or financial markets, with at least 3 years in a managerial role.
Remuneration
Very attractive.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should send their current CV to: victor.allu@westfield-consulting.com using the Job Title as the subject of the email.
Note: The role is strictly for qualified candidates currently working in the Banking Industry.