Head of Asset & Liability Management @ Moniepoint Incorporated

Job Description

Jobs in Lagos, Nigeria.

About The Role

The Head of Asset and Liability Management (ALM) is responsible for overseeing the bank’s ALM function, focusing on optimizing the balance sheet, managing liquidity, and mitigating risks related to interest rates, foreign exchange, and capital adequacy. This strategic role requires close collaboration with key stakeholders to align the bank’s financial strategy with business objectives while ensuring sound financial management and regulatory compliance.

What You’ll Get To Do

• Balance Sheet Management:
  • Develop and implement strategies to manage the bank’s balance sheet, maximizing returns and minimizing risks.
  • Oversee interest rate risk and liquidity management, ensuring alignment with financial objectives and regulatory standards.
  • Lead strategic planning for capital, funding, and liquidity needs, analyzing market trends and the bank’s risk profile.
• Liquidity Management:
  • Monitor and manage the bank’s liquidity to ensure adequate funding for operations and regulatory compliance.
  • Establish and maintain relationships with funding sources, such as capital markets, external financial institutions, and both wholesale and retail funding.
  • Develop contingency funding plans and conduct stress tests to prepare for potential market downturns.
  • Manage deposit pricing and advise on pricing decisions when necessary.
• ALM Strategy and Policy Development:
  • Lead the creation of ALM policies, guidelines, and frameworks to ensure effective financial and risk management.
  • Define key performance indicators (KPIs) and metrics to evaluate ALM performance and its alignment with the bank’s strategic goals.
  • Educate and mentor team members on ALM principles and foster a culture of excellence and continuous improvement.
  • Develop and enforce the Funds Transfer Policy to drive appropriate behavior.

To Succeed In This Role, We Think You Should Have

• A bachelor’s degree in Finance, Economics, Business, or a related field; an advanced degree (e.g., MBA, CFA, or FRM) is preferred.
• 7+ years of experience in banking or financial services, with a strong background in asset and liability management, treasury, or risk management.
• Deep knowledge of ALM practices, regulatory requirements (Basel III, LCR, NSFR), and financial risk management.
• Strong quantitative and analytical skills, including experience with ALM modeling and stress testing.
• A proven track record in managing liquidity, interest rate risk, and optimizing the balance sheet.
• Excellent communication and leadership skills, with the ability to influence and collaborate across different functions.

What We Can Offer You

• Culture: We prioritize the well-being of every team member and foster a work environment where all opinions are valued, and voices are heard. We support and respect one another and always look out for each other.
• Learning: We emphasize a learning and development culture with knowledge sharing, training, and regular internal technical discussions.
• Compensation: You will receive a competitive salary, pension, health insurance, an annual bonus, and other benefits.

Source: From Company Career Portal/Other Job Boards.

https://job-boards.eu.greenhouse.io/moniepoint/jobs/4065838101?gh_src=d2799b12teu&