Key Responsibilities
Business
- Ensure that adequate liquid assets are
maintained at all times to meet Central Bank reserve requirements, and the
bank’s funding needs.
- Ensure there is a liquidity contingency plan in
place and approved by ALCO. This plan is to be activated during times when
the bank is faced with liquidity challenges.
- To monitor bank’s placement and borrowing limits
and ensure all trades are within sanctioned limits. • Contribute to
building ECOBANK’s reputation in the international and local markets
through personally demonstrating a high level of professionalism, and
through developing mutually beneficial working relationships in relation
with agents, advisors, counterparties.
- Network with internal customers, external market
participants and other ECOBANK dealing centres in order to solicit
customer’s feedback, gain market intelligence and enhance Bank’s profile
in the market.
- To ensure complete adherence to all of ECOBANK’s
compliance and regulatory requirements.
- Analyze daily liquidity position and liquidity
gaps in local and foreign currencies
- Optimize the return on excess liquidity in local
and foreign currencies within ratio constraints.
- Manage the EKE balance sheet and ensure that
regulatory and Group ratios are monitored and enforced.
- Prepare and present the monthly ALCO meeting.
- Ensure that regulatory and Group reporting is
achieved within deadlines.
- Act as secretary to the ALCO committee.
- Manage the ALM profile of the balance sheet and
associated market risks (FX, interest rate), within approved limits.
- Provide funding or investment levels to Account
Managers on new transactions.
- Advise on trade operations.
- Mobilize resources in coordination with other
commercial departments.
- Provide support in the management of Financial
Institutions accounts.
- Identify new counterparties for ALM business
(deposit taking and lending banks) and ensure limits are granted within a
short timeframe.
- Ensure ALM process evolves in line with Group
standards and International best practices.
- Manage credit risk in treasury portfolios and
ensure it is compliance with limits.
- Act as back-up of the Treasurer if required to.
- Propose solutions in order to optimize the NRFF
and the FTP, and the ALM process in general.
Financial
Management
- Deliver in EKE ALM budget numbers.
- To provide direction and migrate best practices,
where necessary.
Compliance
to Bank’s and Local Regulations
- To ensure complete adherence to all of ECOBANK’s
compliance and regulatory requirements.
- To maintain high standards in terms of
compliance and internal process ensuring complete adequacy to Audit
requirements.
- To ensure the business meets its obligation in
terms of client appropriateness and suitability of product supply.
- To maintain good relationship with
regulators.
- To keep abreast of the changes in the business
and regulatory environment.
Education
& Experience
- 2 years banking experience
- Strong knowledge of various assets and
liabilities on Ecobank balance sheet.
- Bachelor’s degree in business related field;
Finance, Economics or Business Administration.
- ACI dealing certification is a must.
Complexity
and Judgement
- FX and Money Market rate management in order to
secure the optimum spreads without loss of business.
- To be able to analyse and interpret market news
with a view to provide quality service and inputs to clients and other
business units.
- To be able to analyse market trends and
information and take steps to further grow business.
- To exert sound judgement as to expand customer
base within appropriate regulatory and KYC environment.
How to
Apply
