Treasurer

Managing the Bank’s financial assets and liabilities to ensure
optimal liquidity, funding and investment strategies. Oversees
cash flow, risk management and compliance with regulatory
requirements, supporting the bank’s financial stability and
growth.
Managing the bank’s Assets and Liabilities (ALM) process to
ensure that assets and liabilities are appropriately priced thereby
enhancing the Bank’s Net Interest Income liquidity as well as
market risks are adequately controlled

Responsibility

Develop strategies, objectives, business plans, financial budget and other support systems (operating manuals, standard operating procedures, etc.) including monitoring mechanisms in managing the treasury department.

Manage and control all funds including Nostro accounts with all correspondent banks.

Manage the banks dealings on the money market and other investments in bills and bonds.

Responsible for the management of the following: -

o Interest Rates

o Exchange Rate and

o Liquidity Risks

o Capital

 Initiate action for business acquisition for the development of treasury operations and spearhead the treasury marketing effort to grow the portfolio both in terms of volume and value.

Working in conjunction with marketing teams to sell the bank’s products (corporate, retail and private Banking.

Must ensure the bank has good services of foreign exchange and deposits by providing input into rates and product development. 

Initiate action to develop relevant products to achieve targeted revenue as well as meet customers’ needs in line with the market trends and  the Bank’s overall business strategy and direction.

Monitor to ensure total compliance with Bank of Ghana requirements/regulations including money laundering and prescribed Code of Conduct or Ethics.  Manage Capital

Risk/liquidity risks in line with the Bank’s approved Risk Management Policy

Determine operational and counterparty limits.

Initiate action to ensure that the necessary steps are taken to address regulatory and internal control guidelines. 

Assess and advise management on impact of major commitment of funding arrangement on risk profile of the bank.

Direct monitor of trade investment portfolios including working capital and other portfolios. 

Prove forecasts for future financial decisions and positions, developed and maintain all 3rd party banking relationships to ensure adequate support the Bank’s business and its strategy.

Key Performance Indicators 

 Liquidity management – ensuring the Bank meets its short and long term obligations 

Asset – Liability Management – Managing mismatches between assets and liabilities (tenor, interest rates, currencies) 

Deep understanding of money markets, fixed income, FX, derivatives and structured products 

Optimizing funding costs and returns 

Understanding capital adequacy and optimization 

Ensuring adherence to reporting standards and prudential limits

Strong understanding of frameworks, LCR , NSFR etc. 

Ability to engage regulators confidently and transparently, central bank, correspondent banks , rating agencies and investors .

Support to business units with funding and hedging solutions 

Effective pricing of internal funds ( FTP Pricing ) while ensuring adherence to the local central bank regulations 

Visibility and direct involvement in customer visits & advisory

Lead treasury, ALM and dealing teams  Revenue Generation.

Participate constructively in management decision-making

processes through active membership of ALCO, Credit

Committee as well as leadership and membership of assigned project team(s). 

Job Competency Requirement 

 Good level of judgement required in analysing multiple alternatives involving treasury management taking cognizance of competitor knowledge and experience(s).

Job requires total integrity and decision-making ability under time and competitive pressures.

Work involves cross-functional relationships with other business units within the Bank and other institutions/agencies hence a  high sense of credibility and collaboration required.

Job Specifications

 First degree or its equivalent with ten (10) years’ experience, five (5) of which must be in a management role within the banking sector) or a Masters degree in Finance with 5 years post qualification in treasury roles.

How to Apply
All applications should be sent to career@gurushrconsultancy.com, ladythebam@yahoo.com, and jkotee@gurushrconsultancy.com, clearly indicating the job title and reference number in the subject line of the email.