Treasury Officer AT ARM Life Plc.

ARM Life Plc. is the insurance subsidiary of Asset & Resource Management Company Ltd (ARM).

POSITION : Treasury Officer

 Summary

• Oversees and trades all Money Market transactions in the Inter bank Market and the efficient management of all FUM in the Treasury Department.

Principal Duties and Responsibilities

• Provide assistance on the Funds Management desk in ensuring that the best rates/quotes are obtained for the Group on all Investible Funds on a daily basis
• Reviewing transaction reports, calling over transactions and analyzing trade data to identify exceptions
• Monitoring of Interbank market conditions in order to proffer next trading strategies
• Ensure that executed trades recorded in the Systems on a daily basis.
• Monitoring of all maturing obligations and assets on the Group’s Balance sheet
• Prepare the cash flow forecast analysis of all Assets Under Management (AUM) on the Group Balance Sheet with scenario analysis.
• Monitoring of Cash forecasting variance Analysis
• Monitoring the Exchange rate risk, interest rate risk and liquidity risk on the Group’s balance sheet on a daily basis.
• Monitor compliance with unit Standard Operating Procedure (SOP) and Service Level Agreements (SLA) while ensuring regular interactions with interdependent business units and departments and update SOP and SLA as necessary.
• Ensure that processes are carried out in compliance with appropriate controls within processes.
• Ensure that counterparty limits are observed in the course of the day’s trading
• Prepare reports as necessary for use at company’s periodic ALCO

Requirements

• Preferred Years of Experience:
• 5 - 7 year(s)

Education Qualification

• Minimum of B.Sc, M.Sc, MB

Other Requirements

The successful candidate should also have the following skills/requirements for the role:

• B.Sc and M.Sc in any of the Social Sciences preferable Economics,  Banking & Finance, Accounting.
• Not less than 6 years experience in the Treasury department of any Financial Institution preferably a bank.
• Have basic knowledge of the Financial Markets and various Financial Instruments been traded
• Ability to analyze Economic data and Financial market conditions.
• Ability to analyze, evaluate and interpret Financial Statements.
• Proficiency with Microsoft office applications.
• Excellent Numeracy skills, good analytical, organizational and communication skills in English (both written and verbal
• Demonstrated ability to work as a team member with a high degree of accuracy and attention to details
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