- Undertake independent review and validation of positions, income recognition, valuation and all other accounting treatments of financial instruments, derivatives and all Treasury products to ensure appropriateness.
- Daily monitoring and validation of Risk, positions & P&L arising from the bank’s treasury products and activities
- Undertake review of Value at Risk, valuation and other computations prepared by Market & Liquidity Risk Department.
- Advise treasury where necessary on P& L postings, reconciliations, analysis, adjustments, attribution, and on weaknesses in treasury processes and controls.
- Perform monthly stress tests and sensitivity analysis to assess the impact of movements in factors such as interest rates, exchange rate, prices etc on the bank’s treasury portfolio.
- Monitor daily to ensure that trading activities are done within approved limits, render reports on breaches as required, and ensure positions are marked to market periodically per policy.
- Prepare and submit monthly Income attribution, independence validation & assurance, portfolio performance and risk reports to the Financial Controller and CFO.
- Participate in product paper review and set-up of relevant product and accounting parameters in all solutions and applications used for treasury activities.
- Preparation of disclosures on financial instruments in the financial statements.
- Provide support in monthly account closing activities and preparation of financial and management accounts as it relates to products
- Perform any other duty assigned by the Unit Head Product Control and Financial Controller.
Job Requirements/Qualifications:
- Bachelors Degree in Accounting, Economics or any related field.
- Must possess at least 10 years’ relevant experience in a similar role.
- CFA or ACA/ACCA; Accounting or related Bachelors.