Asset & Liability Manager Job at CrusaderSterling Pensions Limited

We are recruiting to fill the position below:

Job Position: Asset & Liability Manager
Job Location: Lagos
Employment Type: Full-time
Department/Unit: Investment
Reports To: Head, Investment

General Description

• The Asset and Liabilities Manager oversees the management of assets and liabilities to optimize profitability, liquidity, and risk management.
• The candidate is responsible for developing and implementing strategies to maximize returns on investments while minimizing risk exposure.

Job Functions
Asset Management:

• Develop and execute investment strategies to optimize the organization's asset portfolio.
• Conduct thorough analysis of financial markets, economic trends, and investment opportunities.
• Monitor and evaluate the performance of various investment assets, such as stocks, bonds, real estate, and derivatives.
• Recommend investment decisions based on risk appetite, financial goals, and market conditions.
• Collaborate with portfolio managers, traders, and analysts to ensure effective asset allocation and diversification.

Liability Management:

• Oversee the management of liabilities, including debt obligations, loans, and other financial commitments.
• Assess and manage interest rate risk by monitoring market conditions and implementing appropriate hedging strategies.
• Develop strategies to optimize the organization's funding and liquidity positions.
• Analyze and evaluate the impact of regulatory changes on liabilities and ensure compliance.
• Collaborate with treasury and finance teams to ensure effective cash flow management and liquidity planning.

Risk Management:

• Identify and assess risks associated with assets and liabilities, such as credit risk, market risk, and liquidity risk.
• Monitor and evaluate key risk indicators and report findings to senior management.
• Develop risk mitigation strategies and policies to safeguard the organization against potential losses.
• Conduct stress tests, scenario analyses, and other risk assessment techniques.
• Stay updated with industry regulations and best practices related to asset and liability management.

Reporting and Analysis:

• Prepare regular reports on the performance of assets and liabilities, including key financial metrics and portfolio analytics.
• Conduct financial modeling and forecasting to support strategic decision-making.
• Provide insightful analysis and recommendations to senior management based on data-driven insights.
• Collaborate with finance teams to ensure accurate and timely financial reporting.

Relationship Management:

• Engage with external stakeholders, such as regulators, auditors, and rating agencies, to ensure compliance and maintain strong relationships.
• Collaborate with internal departments, including finance, risk management, and compliance, to achieve organizational objectives.
• Communicate effectively with team members, providing guidance and fostering a collaborative work environment.
• Preparing ongoing assessment of asset & liability mismatches and managing the implementation of required short-term and medium-term financing structures.
• Identifying potential financial risks for the company, ensuring they do not adversely affect company funds (e.g. foreign exchange exposures).
• 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 requirement.
• 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 ALCO’s guidelines/ recommendations.
• Developing and recommending financial policies, capital structure, hedging policies, as well as maintenance of bank relationships.
• 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 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).
• Analysing the impact of international markets on the performance of company products or services.

Key Performance Indicators / Measurement Criteria

• Portfolio Performance
• Asset Allocation
• Risk Management
• Liquidity Management
• Liability Management
• Compliance and Regulatory Requirements
• Cost Efficiency
• Interest Rate Risk
• Treasury Management
• Portfolio Management
• Client Satisfaction
• Asset-Liability Mismatch

Educational Qualification / Person Specification

• Graduate Degree in a relevant Finance and/or quantitative subjects, e.g. Applied Mathematics, Physics or Engineering. (Minimum of 2.2)
• 5 years and above in similar position preferably financial service (PFA or others)
• Professional Accounting, and or Business Administration, or a similar field, professional financial qualification.
• Relevant experience in a treasury / credit function and exposure to man-management and leading teams.
• Financial reporting (IFRS) and Capital reporting experience and a working understanding of the dynamics between Finance and Risk Management under Basel 2.
• Capital Markets experience and strong knowledge of fund accounting for Real Estate, Private Equity and Infrastructure funds.
• Experienced in treasury products with extensive capital market experience, credit and financial analysis.
• Strong understanding of hedging interest rates and foreign exchange exposures.
• Good knowledge of cash management products.
• Strong understanding of capital markets and balance sheet management techniques.
• Systems knowledge - Oracle preferred.

Skills / Competency Required:

• Financial Analysis
• Risk Management
• Asset Allocation
• Liability Management
• Financial Regulations and Compliance:
• Communication Skills
• Strategic Thinking
• Technology Proficiency
• Continuous Learning
• Ethical Conduct.

Compensation
Attractive, Others: HMO & Pension.

Method of Application
Interested and qualified candidates should send their CV to: pfajobsnow@gmail.com using the Job Position as the subject of the email.