The Development Bank of Nigeria (DBN) was conceived by the Federal Government of Nigeria (FGN) in collaboration with global development partners to address the major financing challenges facing Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria. Our objective is to alleviate financing constraints faced by MSMEs and small Corporates in Nigeria through the provision of financing and partial credit guarantees to eligible financial intermediaries on a market-conforming and fully financially sustainable basis.
We are recruiting to fill the position below:
Job Title: Treasury & Investment Officer
Location: Abuja (FCT)
Department: Finance
Unit: Treasury & Investment
Reports to (Title): Head, Treasury & Investment
Job Objective and Summary
- The Treasury & Investment Officer is to support treasury function to always ensure efficient and seamless services.
- The Treasury & Investment Officer reports directly to Head, Treasury & Investment.
Core Responsibilities and Key Result Areas
- Engages Participating Financial Institutions (PFIs) to receive Securities as Collaterals for loan disbursements.
- This includes valuation of the securities, switches and rollovers when necessary.
- Responsible for funding activities.
- Engages in treasury bills investments.
- Engages Operations department and obtain pipeline loans for treasury planning purposes.
- Reviews of transactions with banks to identify reconciliation issues for resolution.
- Follows up with commercial banks and obtain all contract letters.
- Capturing of treasury transactions on Eazybank
- Prepares Treasury reports based on market developments to position DBN’s portfolio in a profitable manner.
- Ensures documentation of all treasury activities.
- Engages and responds to requests relating to Treasury from different departments and units of the bank.
- Participates in audit confirmation of account balances and securities positions as requested by commercial banks, Microfinance Banks and Audit Department.
- Ensures compliance with statutory and internal policies.
- Nurtures and maintains relationships with relevant key stakeholders.
- Performs other duties assigned from time to time.
- Complies with the principles of the Information Security Policy of the bank.
- Performs other tasks such as arranging meetings with commercial banks and other stakeholders on treasury related issues.
- Works closely with Head, Treasury and Investment to ensure effective treasury services for the bank.
- Follows up on requests and issues addressed to Treasury and ensures timely feedback is provided or the issues are resolved.
- Handles treasury assignments expeditiously, proactively, and follows-through to successful completion, often with deadline pressures.
- Provides a link between treasury and other stakeholders to build relationship crucial to the success of DBN.
- Communicates on behalf of the Head, Treasury and Investment with internal and external stakeholders, on various matters as may be directed by Head, Treasury and Investment.
- Proactively and reactively handle ad hoc requests for treasury unit
Qualifications
Educational Qualifications:
- A good First Degree in Social / Management Sciences or any related discipline
- A post-graduate Degree in a management related field is an added advantage
Professional Qualifications:
- Membership of ACI, ACIB, ICAN, ACCA, CFA, CPA or any other related certifications is an added advantage.
ExperienceQualifications:
- Minimum of 3 years cognate experience in a similar role is required.
Method of Application
Interested and qualified candidates should send their Resume to: careers@devbankng.com using the Job Title as the subject of the mail.
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