Asset & Liability Manager

Our client is a dynamic, Lagos-based financial services institution operating in the microfinance banking sector. The combined experience of our management and board of directors spans more than five decades and several banking and finance organizations, nationally. They are in the business of helping all their customers achieve their desires, solve intermittent problems and create wealth, through high yield savings accounts and low interest rates on loans.

Responsibilities

Managing balance sheet, cash flow, and ensuring provision of funds for the; company.; Implementing an assets and liabilities strategy (gapping) that optimizes the; company’s return, in accordance with the Asset and Liabilities Committee; (ALCO)’s guidelines/ recommendations.; Responsible for the management of capital, liquidity, interest rate, hedging; and other balance sheet risks via reporting against appetite and modelling; forward-looking impacts and solutions.; Preparing ongoing assessment of asset & liability mismatches and managing; the implementation of required short and medium term financing structures.; Developing and recommending financial policies, capital structure, hedging; policies, as well as maintenance of AAM relationships.; Managing daily cash balances, and surplus cash for other assets (e.g. money; markets, fixed income).; Making decisions on funding company operations and other financing; requirement.; Identifying potential financial risks for the company, ensuring they do not; adversely affect company funds (e.g. foreign exchange exposures).; Management of debt capital raising strategy, origination and execution of; structured finance and hedging strategies, cash management strategies.; Forecasting cash payments and anticipating potential challenges arising from; limited cash flow.; Setting strategy and overseeing management of Money Market to maximize; treasury returns in compliance with the company’s market risk strategy.; Ensuring compliance with the regulatory requirements (e.g. reserve; requirements).; Analysing the impact of international markets on the performance of company; products or services.

Requirements

Minimum of bachelor’s Degree in Finance, Economics, Accounting and Business Administration or any related discipline with 2-4 years of relevant experience.; In-depth knowledge of treasury and financial risk management.; Master’s degree in a related discipline will be an added advantage; In depth understanding of financial and capital markets; In-depth knowledge of economic fundamentals and banking, asset management products and Capital Markets instruments (including derivative instruments).; Good portfolio management and product development skills; Experience in preparation of Prudential regulatory Capital and Liquidity documents.