Latest Recruitment At United Bank for Africa Group – Nigeria(August 2014)

The UBA Group is a highly diversified financial services provider, with business offices in New York, Paris and a subsidiary in London. A leading player on the African continent, UBA has significant market share and operations in 19 different African countries.
The Group has a strong retail franchise across the continent offering its more than seven million customers a bouquet of products and services tailored to meet their different financial needs.

Job description
Reporting Relationships
Functionally reports to: Group Treasurer
Administratively reports to: CEO UBA Africa
Job objective(s)
To oversee and manage the Treasury activities across the 18 African subcidiaries of UBA.
To ensure that the Bank meets its liquidity, profitability and solvency goals, in line with statutory requirements and the Bank’s internal limits and guidelines.
Duties & Responsibilities
Develop an efficient and effective treasury practice that supports the Bank’s overall objectives of customer satisfaction and growth in business volume
Develop an Integrated Treasury which is responsive to the Group’s needs, profitable, focused on cost optimization with enhanced liquidity and good risk management practices (Basle II compliant )
Develop assets and instruments that will surpass the investment expectations of all the Bank’s chosen markets
Strengthen the reach, depth and sophistication of UBA Africa Treasury’s interface with the markets
Explore and capitalize on synergies within the Group structure to develop partnerships with correspondent banks and other institutions
Advice UBA Africa management on regulations, statutory policies and markets.
Monitor and analyze development in the various operating environment in Africa and their implications on the Group’s portfolio
Manage the Bank’s open position across Africa.
Liaise with the country CEOs to forge and implement market development initiatives in line with local regulations and other market realities.
Expand operations to cover all the African subsidiaries and their business units.
Coach/Mentor Country Treasurers where required
Key Performance Indicators
Number of new businesses
UBA Africa Business Volume
External and Internal customer satisfaction levels
Market share
Customer penetration evidenced by volume/value of products per customer
Regulatory compliance
Margins on Trading
Competitive pricing
Overall responsibility for UBA Africa Budget Contribution Margin
Desired Skills and Experience
Good understanding of the Global economy
Knowledge and understanding of International Foreign exchange market
Strong trading skills
Analytical Skills
Good Customer Service / Relationship Management
Strong negotiation skills
Oral & Written communication (being bilingual is added advantage)
Product initiation skills
Foreign Currencies Trading dynamics
Good understanding of methods of market analysis (Fundamental and Technical)
Excellent knowledge of FOREX products
About this company
The UBA Group is a highly diversified financial services provider, with business offices in New York, Paris and a subsidiary in London. A leading player on the African continent, UBA has significant market share and operations in 19 different African countries.

The Group has a strong retail franchise across the continent offering its more than seven million customers a bouquet of products and services tailored to meet their different financial needs.

UBA Group has presence in 19 African countries with over 15,000 employees.

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