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JOBS => Nigerian Jobs => Accounting and Finance Jobs => Topic started by: Jobrib on Jul 10, 2013, 01:02 PM

Title: ALM Liquidity Dealer Job at Standard Chartered Bank Plc
Post by: Jobrib on Jul 10, 2013, 01:02 PM
Job Title: ALM Liquidity Dealer

Employer: Standard Chartered Bank Plc

Job ID: 388657

Job Function: Wholesale Banking

Location: Nigeria – SCB

City: Lagos

Full/Part Time: Full time

Regular/Temporary: Permanent

Job Description:  – 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:

1. Estimate and plan for the internal funding and deposit taking requirements of other units of the Bank

2. Meet all funding and deposit taking requirements whilst maintaining regulatory, stress and prudent liquidity requirements

3. Operate within ALM's liquidity limits

4. 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

5. Forecasting Risk Weighted Asset (RWA) usage

6. Understand and be able to act on the Country Liquidity Contigency Plan

7. Money Laundering Prevention

Qualifications & Skills:

1. At least 10 years experience of money markets, payments systems and banking

2. Highly numerate and fast thinking

3. A good understanding of cash, bond and derivative markets, with an emphasis on details and anticipation

4. Ability to build and maintain good relationships with internal and external partners

5. Ability to spot funding, liquidity and arbitrage opportunities within cash markets

6. A high degree of complexity to balance the funding and placement requirements cross-currency and cross business units in real time

7. 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

In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required.

Apply to this job (http://www.jobnavy.com/job/20722/alm-liquidity-dealer-job-at-standard-chartered-bank-plc/)