JOB TITLE: Treasury Middle Office Associate
JOB LOCATION: Lagos, Nigeria
Job type: Full time
Category: Treasury
JOB DETAILS:
- The candidate will be responsible for reporting on treasury positions, results, instruments, products, activities, systems, procedures and market risks.
- You will support the Treasury back office and Trading team.
- The Treasury operations cover multiple time zones and locations such as Tanzania, Uganda, Kenya, Senegal, Ghana, Nigeria, along with counter-parties in Europe and the US.
- This is an exciting opportunity to help Africa’s leading digital FX company build a brand in East and West Africa.
Responsibilities
Risk, Governance and Control:
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- Assist with review of daily open position reconciliation (daily Fx blotter), daily counter-party report, and other risk report.
- Ensure that Treasury performance is tracked and reported accurately.
- Assist in the preparation and update of Treasury Policies and procedures
- Ensure Trade desk and Treasury payments’ Compliance with Standard Operations Procedure (SOP), Treasury policies and audit requirements.
- Assist with risk profiling and assessment of prospective clients
- Assist with daily monitoring of MTO post funding and repayments.
- Ensure accurate valuations on all FX transactions.
- Assist with daily review of open items/unreconciled items in Treasury operations.
- Monitor daily pending transactions and liaising with Account Management team and Treasury Operations to ensure accuracy of reports and escalate where needed.
- Keep abreast of local market developments which could have direct bearing on change to Procedures/reporting requirements.
- Ensure critical controls relating to market risk management is being observed and assist in raising appropriate awareness in Treasury Front and Back-Office
- Assist with the treasury front office and the operations margin, volumes and COS report.
Systems Maintenance and Development:
- Assist in review of float across accounts in over 20 currency pairs
- Assist in managing relationship and the KYC process with all our trading partners
- Assist with risk monitoring and reporting on SAP
Administrative Support:
- Support Sales, Trade desk and Account Management teams in pricing and review of OTC trades.
- Perform daily research on Fx markets, Maintenance of Market Data and other records/documentation of Treasury Middle Office reports.
- Assist with weekly review of Treasury Risk Register for Treasury department.
- Responsible for importing reports from Treasury Express/Treasury Solution
- Assist in providing required documentation for audits.
- Assist in providing necessary documentation for implementation of new systems.
- Ensure maintenance of the filing system of Treasury and Market Risk Policies and procedures.
Requirements
- A driven and self-motivated candidate with 4-5 years of experience in market risk/treasury risk.
- An experience in credit risk is an added advantage.
- Highly detail oriented and analytical
- Deep experience in Market risk, finance and treasury, ideally Foreign Exchange
- Ability to work under pressure in a fast-paced environment.
- Sound knowledge of Market risk methodologies & tools
- Should be particularly good at handling treasury reports and all the relevant data and information
- Should have excellent communication skills and should be able to convey all the important data received from the front end to the back end.
- Basic understanding of the principles of prudent liquidity management, regulatory reporting and risk reporting.
- Basic understanding of procedures for the whole product cycle from deal initiation to settlement.
- Basic knowledge and best practices of Treasury products, risk systems and operational processes;
- Experience in creating and running risk models
- Should be able to plan and prioritise work according to the requirement
- Should be an excellent team player.
Benefits
- A competitive salary and benefits package.
- Global / regional network / exposure in FinTech / Blockchain industry.
- One of the hottest, fastest scaling start-ups in Africa.
- Casual work environment.
- Great work-life balance.
- We value autonomy.
- Opportunity for growth for all employees.
- Opportunity to work hard and play hard
Apply Now
Job Features
Job Category | Finance Officer - Receivables |