Head of Treasury

Key Responsibilities

1. Treasury and Liquidity Management

• Develop and execute treasury strategies in line with the Bank's approved business plan, liquidity position and ALCO directives.
  
• Monitor the Bank's daily liquidity position, funding requirements and cash flow profile.
  
• Manage the deployment of surplus liquidity through approved placements and permissible investments.
  
• Maintain an appropriate maturity profile to ensure funds are available to meet the Bank's obligations as they fall due.
  
• Monitor liquidity buffers and escalate emerging funding or liquidity pressures promptly.
  
• Support the Bank in maintaining applicable regulatory liquidity and reserve requirements.
  

2. Money Market and Investment Management

• Identify and evaluate suitable money market and permissible investment opportunities within the Bank's approved investment mandate.
  
• Originate, price and negotiate placements with approved banks, financial institutions, asset managers and other authorized counterparties.
  
• Monitor prevailing market rates and identify opportunities to optimize returns while preserving liquidity and capital.
  
• Recommend placements and investments for approval in accordance with delegated authority and approved limits.
  
• Ensure all proposed transactions comply with applicable regulatory requirements and the Bank's investment policy.
  

3. Counterparty and Relationship Management

• Build and maintain strong relationships with banks, financial institutions, asset managers and other approved institutional counterparties.
  
• Maintain current market intelligence on counterparty pricing, creditworthiness and market conditions.
  
• Conduct appropriate counterparty assessments in collaboration with Risk and relevant control functions.
  
• Ensure transactions are conducted only with approved counterparties and within established exposure limits.
  
• Escalate any deterioration in counterparty standing or proposed limit exceptions immediately.
  

4. Asset-Liability and Funding Management

• Monitor the Bank's asset and liability maturity profile and identify potential liquidity mismatches.
  
• Work with Finance, Risk and Business teams to understand funding requirements and deposit trends.
  
• Provide recommendations on liquidity deployment, funding strategy and deposit pricing to Management and ALCO.
  
• Monitor the relationship between deposit growth, lending requirements, liquidity and treasury deployment.
  
• Contribute to ALCO discussions on interest-rate, liquidity and funding risks.
  

5. Treasury Governance and Controls

• Operate strictly within approved counterparty, tenor, concentration, investment and liquidity limits.
  
• Ensure no treasury transaction is executed outside the approved mandate or delegated authority.
  
• Maintain clear segregation between dealing, approval, confirmation, settlement and accounting functions.
  
• Ensure all treasury transactions are properly documented, confirmed and independently settled.
  
• Immediately report any unauthorized, unmatched or exceptional transaction to the appropriate authority.
  
• Support internal and external audits and regulatory examinations relating to treasury activities.
  

6. ALCO & Management Reporting

• Prepare treasury reports, market updates and liquidity analysis for ALCO and Management.
  
• Provide regular reports on placements, investment performance, liquidity position, maturities and counterparty exposures.
  
• Provide timely recommendations on treasury opportunities, market movements and emerging liquidity risks.
  
• Support the preparation of treasury papers for the Board and relevant Board committees where required.
  
• Maintain accurate records of all treasury decisions, approvals and transactions.
  

7. Team and Stakeholder Management

• Provide guidance to the Treasury Officer responsible for treasury back-office activities.
  
• Work closely with Finance, Risk, Operations and Business to ensure effective liquidity and treasury management.
  
• Promote disciplined adherence to treasury policies, limits and control procedures.
  
• Support the development of appropriate treasury processes, systems and reporting capabilities as the Bank grows.
  

Requirements

• First degree in Finance, Economics, Accounting, Mathematics, Business Administration or another relevant discipline.
  
• Relevant professional qualifications such as ACI Dealing Certificate, CFA, ACA, ACCA or CIBN are desirable.
  
• An MBA, MSc or other relevant postgraduate qualification is an advantage.
  
• Minimum of 10 years' relevant professional experience, with at least 5 years in bank treasury, money markets, asset-liability management, investment management or a related financial services function.
  
• Experience managing institutional banking relationships and money market placements is required.
  
• Experience within a regulated banking or financial services environment, with a strong understanding of liquidity and treasury controls, is strongly preferred.
  

Core Competencies

• Treasury and liquidity management
  
• Money market and investment management
  
• Asset-liability management
  
• Market analysis and financial markets
  
• Counterparty assessment and management
  
• Pricing and commercial negotiation
  
• Liquidity and funding risk management
  
• Financial analysis
  
• Treasury governance and internal controls
  
• Regulatory compliance
  
• Relationship management
  
• Clear and timely management reporting
  
• Strong judgement and disciplined execution
  

Performance Measures

• Treasury yield and return achieved against approved benchmarks and mandate.
  
• Effective deployment of surplus liquidity within approved risk parameters.
  
• Compliance with approved counterparty, tenor, concentration and investment limits.
  
• Maintenance of adequate liquidity to meet the Bank's obligations as they