Business and Finance

Assets & Liability Manager in a Finance Company

Maurice Xandra Solutions Limited – Our client in the Finance industry is looking to recruit suitable candidates to fill the position below:

Job Title: Asset & Liability Manager

Location: Lagos

Job Description

  • The ideal candidates will be responsible for leading the continued development of Asset & Liability Management team. This will include supporting and shaping the development of the ALM function, annual planning process, and developing /managing Financial Risk Model.
  • Ideal candidates must have experience in an asset management/investment firm.

Specific Duties & Responsibilities

  • Managing balance sheet, cash flow, and ensuring provision of funds for the company.
  • Implementing an assets and liabilities strategy (gapping) that optimizes the company’s return, in accordance with the Asset and Liabilities Committee (ALCO)’s guidelines/ recommendations.
  • Responsible for the management of capital, liquidity, interest rate, hedging, and other balance sheet risks via reporting against appetite and modeling forward-looking impacts and solutions.
  • Preparing ongoing assessment of asset & liability mismatches and managing the implementation of required short and medium-term financing structures.
  • Developing and recommending financial policies, capital structure, hedging policies, as well as maintenance of AAM relationships.
  • Managing daily cash balances, and surplus cash for other assets (e.g. money markets, fixed income).
  • Making decisions on funding company operations and other financing requirements.
  • Identifying potential financial risks for the company, ensuring they do not adversely affect company funds (e.g. foreign exchange exposures).
  • Management of debt capital raising strategy, origination, and execution of structured finance and hedging strategies, cash management strategies.
  • Forecasting cash payments and anticipating potential challenges arising from limited cash flow.
  • Setting strategy and overseeing the management of Money Market to maximize treasury returns in compliance with the company’s market risk strategy.
  • Ensuring compliance with the regulatory requirements (e.g. reserve requirements).
  • Analyzing the impact of international markets on the performance of company products or services.
  • Give prompt attention to breaches of limits and guidelines, with a particular focus on the development of risk mitigation strategies.
  • Any other tasks as assigned.

Experience & Qualifications

  • Minimum of bachelor’s Degree in Finance, Economics, Accounting, and Business Administration or any related discipline with at least 10 years’ relevant experience.
  • In-depth knowledge of treasury and financial risk management.
  • Master’s degree in a related discipline will be an added advantage.

Required Competencies:

  • Strong analytical skills whilst also being commercially astute.
  • Good model building skills
  • Good quantitative analysis skills
  • In-depth understanding of financial and capital markets
  • In-depth knowledge of economic fundamentals and banking, asset management products, and Capital Markets instruments (including derivative instruments).
  • Good portfolio management and product development skills
  • Good problem-solving, negotiation, and conflict resolution skills
  • Good leadership abilities
  • Good relationship management skills
  • Good interpersonal and communication skills.
  • Experience in preparation of Prudential Regulatory Capital and Liquidity documents.

Application Closing Date
13th April, 2021.

Method of Application
Interested and qualified candidates should send their CV to: using the “Job Title” as the subject of the email.

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