Forex Trader

Our Client a new non Interest Bank setting up in Nigeria is looking to fill the role of a Forex Trader. The ideal candidate would be responsible for:Provision of liquidity (purchase & sale) in traded foreign currencies to meet customers’ needs at the most competitive prices.Management of CBN Wholesale Dutch auction System (Spot and ForwardFX)Management of all foreign currency blotters to ensure proper FX reporting and reconciliationTaking strategic positions within limits that will be profitable to the bankProviding competitive Forward (Inter-bank & WDAS) as well as FX Swaps quotes.

Financial Control Officer

Our Client a new non Interest Bank is looking to hire a Financial Control Officer.The ideal who will be responsible for:Preparation and management of the Bank’s strategy and annual budgetPreparation of daily, monthly, quarterly, half- year and annual financial statements of the BankAnalysis of the Bank’s financial statementsProofing of fixed income securities ledgersProofing of cash and cash equivalent ledgersCertification of the covenants with multilateral companies on FCY borrowingsPreparation of inputs into the Regulatory ReturnsPreparation of Audit proofsValuation of quoted and unquoted equity investments of the BankStress-testing of the Bank’s liquidity positionReconciliation of fixed income securities ledgers to CBN statementMonthly allocation of Operating and Staff Expense based on pre-defined parameters.Review of Staff payroll for accuracy and correctness.Timely update of corporate adjustment sharing agreements between teams.Co-ordination of MPR meetings and taking minutes of proceedings at the meeting.Proofing of Deposit liabilities, interest expense and Fee and Commission ledgers.Preparation of Divisional Performance ReportPreparation of Expense Control ReportsRendition of:Daily Bank Returns, Monthly Bank Returns, Quarterly & Semi-annual Bank Returns, Daily and Monthly Trade Returns, Interest rate band report, SEC Quarterly forecasts, Financial Reporting Council of Nigeria returns and  Nigeria Deposit Insurance Corporation returnsCoordination of CBN/NDIC routine ExaminationsSupervision of External AuditsReview of Ledger CreationProofing of loans and advances assets ledgersPreparation of SEC quarterly and annual reportsPreparation of financial statements approval documentsTimely update of monthly withholding tax schedules and receipts per State (latest 21st of every month).Daily reconciliation of WHT on interest for Savings, Current and Time Deposit for all branches.Computation of Taxes/Self-AssessmentFiling of Company Income Tax returns and Handling Tax Audit.Filing of Transfer pricing returns

Domestic Operations Officer

Our Client a new Non-Interest Bank setting is looking to fill the position of a Domestic Operations Officer. This role would be responsible for:Processing of the Bank’s and other banks’ cheques, NIBSS Electronic Funds Transfers and operational transactions for Financial InstitutionsRecording the operating expenses and capital expenditure of the Bank. Management of the Bank’s Fixed Assets, Tax Reconciliation and Remittances with the appropriate tax bodiesProcessing of asset and liability transactions for customersRecording of transactions for non-posting units of the Bank.Settlement for transactions done by all own cards on any electronic channel worldwide and transactions carried out by other banks’ cards on the Bank terminals. Settlement of Interswitch PayDirect and Quickteller, and other electronic transactions done on third-party electronic platforms by Bank’s customers and on behalf of the Bank’s customers.Reconciliation and resolution of failed transactions on the Bank’s e-payment platforms, including failed bill payments, dispute management, USSD complaints, and POS Settlement and reconciliation for transfers done via Autopay, NIBSS Instant Payment, NIBSS Automated Payment and other platforms.  

IT System Auditor

My Client a new non Interest Bank is looking to hire an IT System Auditor, who will be responsible for:Conduct of risk assessment and planning of IT-related auditsDevelopment of risk-based IT audit programs to assess the IT control environment of the BankConduct of IT audit engagements according to Audit Plan, including: Audit of Technology (people, process, systems, controls, etc.), Audit of Information Security, Audit of e-Business and e-Payments Groups, Audit of e-Channels, Disaster Recovery Audit and Retail Products AuditSupporting team members with regard to technical IT matters or trainingReview of processes for improvement opportunitiesReview of audit reports Communication of audit results to Management and IT Risk Committee Supervision of system investigations and reviews Following up on audit recommendationsReview of network security and user access activities on all applications

Chief Audit Executive

Our Client, a new Non-Interest Bank is looking to hire a Chief Audit Executive. The ideal candidate will be responsible for:Creation of functional Control and Audit procedures to ensure sufficient risk management and efficiency Institutionalisation of value-adding and cost-efficient controls across all business unitsAssessment of the entire internal control framework with a view to ascertaining adequacy and continued relevance, and initiation of process reviewsImplementing, directing and overseeing controls as well as coordinating internal, external and regulatory audit activities Implementation of internal and external audit and regulatory examination recommendations  Improving the control culture and environment e.g. through regular staff sensitisation and trainingAssessment of the adequacy and extent of programmes designed to safeguard organisational assets.Monitoring of all internal and external SLAs and operational efficiencyProvision of value-added service (management reports, training, etc) to internal customers and all stakeholders.Full responsibility to the board on all audit and control matters

Head, Infrastructure Management

Our Client, a new Non-Interest Bank is looking to hire an IT Infrastructure Manager. The Ideal candidate will be responsible for:Monitoring, maintaining and deploying the state-of-the-art physical infrastructure behind the Bank infrastructure solution.Deploying and maintain the Bank’s Data Center Hyper Converged and Network Infrastructure.Deploying and maintain the Bank’s Data Center Firewall and Endpoint Infrastructure.Participating in or lead project teams on other installations and develop project contingency plans.The end to end provision of services to support the consumer-facing products especially enquirers made through the Call Center Executives.Performing other duties as assigned by the Head, Information & Communication Technology

Head, Channels And Automation Management

Our client, a new Non-Interest Bank setting up in Nigeria is looking to hire a  Head Channels and Automation Management who will be responsible for following functions:Co-ordinate the development and implementation of all projects and key activities in Channels/Automation (Start-up, Sign-off, etc)Ensure proactive support, monitoring, administration, and enhancement of eChannels, ePayments, TPP applications and bespoke solutions for stability and optimal performance.Supervise Software Development Life Cycle (SDLC): functional analysis, systems design/development, integration and testingSupervise and sign-off the conversion of functional requirements into solution architecture, design and algorithms that will be used to develop program codesSupervise ATM/POS monitoring, deployment and supportSupervise FEP/Channels integration, WEB/Mobile and other TPP solutionsPrioritize every project, tasks and issues in Channels & AutomationFacilitate research and development within the departmentBe the point of contact with the business units/teams, vendors, and back-office teamsSupervise the liaison with business unit/persons to capture solutions or product specifications and supervise the translation into clearly documented user or functional requirements for team members.Provide the interface and infrastructure support for eBusiness products/services – ATMs, Cards, eBanking, mBanking platformsManage business demands, analyze business requirements and maintain relationship with business usersConstantly review eChannels, ePayments and bespoke solutions with a view to suggesting areas of improvementDevelop systems architecture for all areas of Channels and AutomationCo-ordinate the preparation and review of user manual, process manual, and technical Documentation of all functional areas.Perform other duties as assigned by the Head, Information & Communication Technology (ICT)

Treasury Operations Officer

Our client, a new Non-Interest Bank setting up in Nigeria is looking to hire a Treasury Operations Officer who will be responsible for following functions:Management of Liquidity and Cash PositionMonitoring and review of the bank’s account positions/statements and to check funds availability.Preparation of maturity profiles by arranging all outstanding investments and borrowing positions.Arranging needed replenishments to maintain the required balances in call accounts to cover outstanding payment obligations.Review and processing of deal tickets for the Treasury Unit’s transactions, including money market, sukuk, forex, and swaps, and ensuring accuracy of all execution detailsEnsuring sufficient balances for any required transactionsProducing daily placement positions, reversing murabaha positions, and cash balance positionsPerforming all settlements of deals with counterpartiesReconciling all daily trading activity and ensuring the proper and timely settlement of all trades.Liaison with correspondent banks and custodians to ensure proper and smooth execution.Ensuring that all transactions are released on time and cleared from SWIFT and AML Compliance systems.Following up with counterparties to send their confirmations on time and in compliance with agreements and commitment signed.Ensuring that proper end-of-day checks and controls are met.Processing all service invoices related to treasury systems and execution of transactions in compliance with internal process.Adhering to policies and procedures that direct the management of cash processes that are in line with corporate policies, accounting best practices, statutory requirements and meeting changing business requirementsInitiating and reviewing policies and processes related to processing payments, cash in-flows or out-flows, and suggesting recommendations for improvementPreparing the daily exposure limits for placements reportsGenerating reports on all deal processing and settlement activities as requiredPreparing relevant management reports on liquidity portfolios under Treasury’s managementParticipating in the system development and enhancement for Treasury Operations’ activities.

Treasury Manager

Our client, a new Non-Interest Bank setting up in Nigeria is looking to hire a Trade Finance Officer who will be responsible for:Efficiently managing the Bank’s treasury through inter-bank Murabaha deposits Being a thought leader in the development of a Sharia-compliant inter-bank market Ensuring that investments conform to the Halal index Development of an appropriate secondary market for treasury, including the Musharakah Mutanaqisah within the Sukuk marketDevelopment of strategies for cash management, debt, investment and currency management Managing and controlling operational risks within defined parameters. Quantifying and reporting the impact of market volatility Adapting to the client’s business and the competitive landscape changes, particularly as new instruments come to market.Developing and implementing a treasury management system (TMS) that meets the demands of the compliance-focused non-interest banking Putting in place strong audit systems and controls within the Treasury function Developing and implementing all Treasury policiesCoordinating the Assets & Liabilities Management CommitteeEnsuring compliance with regulatory internal ratios and limits relating to Treasury products and the bank’s balance sheetManaging the bank's trading and investment bond portfolios.Ensuring liquidity and profitability of the bank at all times.Managing relationship with Central Bank of Nigeria (CBN).Managing and reconciling Nostro accounts Managing trade credit exposures.Ensuring regulatory compliance.Routinely monitoring global economic and political developments that can affect pricesNetworking with analysts and investment managersAnalysing reports/research compiled by investment analysts to identify market opportunitiesMonitoring and reporting market performance

Trade Finance Officer

Our client, a new Non-Interest Bank setting up in Nigeria is looking to hire a Trade Finance Officer who will be responsible for:The provision of trade advisory services to customersThe generation of trade-related FX business.Attending marketing calls with account officers to better understand the customers’ business and reduce the rejection of transactions due to documentary issues. Collation of intelligence report for strategic marketingFacilitate of FX monitoring meetingsLetters of Credit (LC) establishment and amendmentLiaison with CBN and various government agencies (NAFDAC, Ministry of Finance, etc) on FOPs-related transactions and circularsTraining of staff and customers to reduce knowledge gap of international trade processes.Handling: Trade Relations, Invisible Processing, Bills for Collection, Incoming matters. Remittance and Export Processing Customer Service/Total Quality ManagementCorrespondent Banking relationship