Head of Treasury

Key Responsibilities

1. Treasury & 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 & 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 authorised counterparties.
  
• Monitor prevailing market rates and identify opportunities to optimise 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 & 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 & 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 & 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 unauthorised, 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 & 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.

Experience

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