- HOW TEMANE-MAPUTO ELECTRICITY TRANSMISSION LINE PROJECT IS GOING THROUGH TEST IN MOZAMBIQUE
- NEWLY OPENED PLASTIC RECYCLING PLANT SET TO HELP COMBAT NAMIBIA's PLASTIC INDUSTRY
- PROGRESS MADE ON PIIM PROJECTS AS OVER 85% COMPLETED IN ANGOLA
- WORLD BANK KICK-OFF INSPECTION OF USMID PROGRAM IN UGANDA
- ALGERIA MINISTER RECIEVED HARBOR ENERGY CEO OVER ENERGY PARTNERSHIP
Treasurer Recruitment At United Bank For Africa Plc (UBA)
United Bank for Africa Plc (UBA) is one of Africa’s leading financial institutions, with operations in 19 African countries and 3 global financial centres: London, Paris and New York. From a single country organisation founded in 1949 in Nigeria, UBA has grown to become a Pan-African provider of financial services with over 11 million customers, through close to 1000 business offices and touch points globally.
Treasurer
Reference No: TRN001
Location: Lagos Island, Nigeria
Job Functions: Analytics,Banking
Industries: Accounting & Auditing, Banking / Finance & Investment, Financial, Services, Investments
Specification
- Proprietary trading, exchange Income generation and exceeding profit targets
- Selling the banks treasury products
- Development of Hedge products for the subsidiary and its customers
- Maximize return on investments by exploring available instruments that are within the Bank’s risk exposure guidelines
- Source and meet customers’ foreign exchange requirements by providing a competitive price and excellent service
- Develop and Implement an Effective Liquidity Management Strategy
- Establish procedure for monitoring risks, ensuring adherence to delegated/approved limits, for liquidity credit and market risk parameters and proper risk reporting
- Structure interest rate risk to protect the Bank’s earnings against adverse rate movements, while exploiting profit opportunities incurring acceptable risk
- Build and maintain a foreign currency sales capability to service the Bank’s customer needs efficiently and profitability
- ALCO reporting and implementation of strategies and directives
- Maintain prudent liquidity in support of the Bank’s business needs, while investing excess funds effectively and profitably
- Ensure that all aspects of Treasury are conducted within the letter of all applicable laws, regulations and procedures within the region
- Balance sheet management
- Liquidity management
- Develop and Implement an effective Liquidity Management Strategy
- Create new business relationships
- Risk Measurement, Reporting, Monitoring and Control of the Treasury & Securities in line with the group’s business goals, objectives
Requirements
- First degree in a numerate discipline
- A postgraduate degree in a business/finance course or professional qualification (ACA, ACCA, CFA)
- Knowledge of derivatives products
- Knowledge of money market operations
- Ability of foreign exchange operations
- Knowledge of financial markets
- Knowledge of the workings of the economy
For more details click Here
For more jobs information, go through the following article on GambetaNews.