Monthly independent review and validation of positions, income recognition, valuation, and all other accounting treatments of financial instruments, derivatives, and all Treasury products to ensure appropriateness.
Daily monitoring and validation of Risk, positions & P&L arising from the bank’s treasury products and activities
Monthly review of Value at Risk, valuation, and other computations prepared by the Market & Liquidity Risk Department.
Advise treasury where necessary on P& L postings, reconciliations, analysis, adjustments, attribution, and weaknesses in treasury processes and controls.
Perform monthly stress tests and sensitivity analyses to assess the impact of movements in factors such as interest rates, exchange rates, prices, etc on the bank’s treasury portfolio.
Monitor daily to ensure that trading activities are done within approved limits, render reports on breaches as required, and ensure positions are marked to market periodically per policy.
Prepare and submit monthly Income attribution, independence validation & assurance, portfolio performance, and risk reports to the Financial Controller and CFO.
Participate in product paper review and set-up of relevant product and accounting parameters in all solutions and applications used for treasury activities.
Stay up to date with current trends in financial markets and advise the Financial Controller, CFO & Management on implications for the bank’s treasury portfolio.
Make recommendations to management on best practices that minimize risk and maximize the profitability of the treasury books.
Preparation of disclosures on financial instruments in the financial statements.
Provide support in monthly account closing activities and preparation of financial and management accounts as it relates to products
Perform any other duty assigned by the Financial Controller and Chief Financial Officer.
Will report to Head, Financial Control
Requirements
Must possess at least 15 years of relevant experience.
Qualifications required: CFA or ACA/ACCA; Accounting or related Bachelors.
