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Deputy Treasurer

  • Job Type Full Time
  • Qualification BA/BSc/HND
  • Experience 8 years
  • Location Lagos
  • Job Field Finance / Accounting / Audit&nbsp

Job Summary

  • 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.

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.

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Method of Application


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