Deputy Treasurer

An exciting opportunity has arisen for a motivated professional. Position Overview: - 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. Key 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 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. Requirements: - First Degree in Finance, Accounting, Economics, or a related discipline. - 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.