Deloitte Nigeria - Our client is a development Finance institution positioned to empower more micro, small and medium enterprises across Nigeria. The institution is set up as a private sector driven wholesale financial institution aimed at increasing access to finance for Micro, Small and Medium Enterprises (MSMEs) through eligible financial intermediaries In view of the foregoing, the client seeks to attract, motivate and retain qualified staff.
We are recruiting to fill the vacant position below:
Job Title: Head, Treasury and Investment
Reference No.: DFI001
Location: Any City, Nigeria
Job Summary
To ensure effective management of internal funds and investments and effective monitoring of investments in subsidiaries and investee companies
Duties and Responsibilities
Oversees the operations in the treasury and responsible for all related operations within the Organisation
Reviews and manages the institution's liquidity position
Assumes responsibility for the profitability for the Organisation and for the income generated through Trading, Fee, Dividend , Foreign Exchange and will be responsible for the Return on Investment of the Bank
Liaises with the CEO in respect to investments of surplus funds in treasury bills, short-term deposits, etc.
Develops and oversees the implementation of adequate cash management policies and processes to minimize risk and cost exposure to the institution
Develops a Policy & Procedure Manual for Treasury & Investments Operations with adequate controls
Submits proposals to the Management on launch of new Investment Funds and other Treasury & Investment Products & Services.
Drives the proactive tracking of portfolio returns and recommends optimal investment policies that capture the best interest rates while managing risk
Advises Executive Management on investment strategies that will ensure high returns on investment and optimal liquidity for operations
Ensures the continuous review of the institution’s cash/ liquidity position and the prompt identification of excess/ idle funds
Manages the investment of the institution’s internal funds and ensures funds are channeled into appropriate investment instruments approved by the Board of Directors and in line with the investment guidelines
Reviews the status of all outstanding foreign exchange deals and Investment Funds
Coordinates the review, analysis and reporting of the institution’s investment portfolio, yield and instruments
Ensures effective monitoring of the institution’s investments in investee companies
Ensures adequate preparation of the institution's internal funds account
Ensures effective management of the Bank's internal funds as well as periodic reconciliation of the accounts
Required Qualifications
A Bachelor's Degree or its equivalent in any Social Management Sciences or Business related discipline from an accredited University.
A Masters degree in a related field is an added advantage
Membership in ACCA, ICAN, CFA, ACA or any related certification
Minimum of 8 years of related experience in a Treasury / Investment Management related role with at least 4 years in a managerial position
Skills and Experience:
Understanding of Investment planning and portfolio management
Financial Services Industry Knowledge
Expertise in Financial reporting and treasury management
Knowledge of relevant accounting Software Applications
Sound managerial and leadership ability
Analytical/Problem Solving Skills
Application Closing Date
14th July, 2017.
How to Apply
Interested and qualified candidates should: Click here to apply online