In 1965, the Standard Bank of South Africa merged with the Bank of West Africa acquiring businesses including a banking operation in Nigeria, which dated back to 1894. The name was then changed to Standard Bank of West Africa. Four years after the merger,Standard Bank Nigeria was incorporated locally to take over the business in Nigeria.
We are recruiting for the following:
JOB TITLE: ALM Liquidity Dealer
The main responsibility of this role is the management of the liquidity profile of the natural Balance Sheet of the bank.
The job is to raise and deploy liquidity to ensure the bank is in a position to meet all its obligations as they fall due (intra-day and inter-day); to meet all regulatory requirements; to diversify the deposit base in a prudent manner; to pre-empt times of surplus and tight liquidity and to produce a curve reflective of the Bank’s marginal cost of liquidity.
KEY ROLES & RESPONSIBILITIES:
Estimate and plan for the internal funding and deposit taking requirements of other units of the Bank.
Meet all funding and deposit taking requirements whilst maintaining regulatory, stress and prudent liquidity requirements
Operate within ALM’s liquidity limits
Produce daily yield curves for the Bank’s marginal cost of funding in local and major foreign currencies, fixed and floating rates, for funds transfer from or to the rest of the Bank
Forecasting Risk Weighted Asset (RWA) usage
Understand and be able to act on the Country Liquidity Contigency Plan
Money Laundering Prevention
REQUIREMENTS:
At least 10 years experience of money markets, payments systems and banking
Highly numerate and fast thinking
A good understanding of cash, bond and derivative markets, with an emphasis on details and anticipation
Ability to build and maintain good relationships with internal and external partners
Ability to spot funding, liquidity and arbitrage opportunities within cash markets
A high degree of complexity to balance the funding and placement requirements cross-currency and cross business units in real time
A high degreee of judgement in actions to ensure a prudent liquidity position without incurring undue cost, whilst erring at all times on the side of caution
CLICK LINK TO APPLY
NOTE: When the site loads, Choose “Nigeria SCB” at the drop menu label Select Location:
Click on ALM Liquidity Dealer to apply online.
http://www.getnaijajobs.com
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