Westfield Consulting Limited - Our client in the Banking sector (One of the new generation banks) is recruiting for qualified and passionate candidates to fill the position below:
Job Title: Deputy Treasurer
Location: Lagos (Head Office)
Employment Type: Full-time
Grade: SM - AGM
Report to: Managing Director
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.
Principal Duties and 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 IndicatorsLiquidity 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.
Qualification and Experience
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.
RemunerationVery Attractive.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should send their recent CV to: [Email hidden - Login to reveal] using the Job Title as the subject of the email.
Note: The role is strictly for qualified candidates currently working in the Banking Industry.
