Asset & Liability Manager at CrusaderSterling Pensions Limited

CrusaderSterling Pensions Limited was incorporated on 12 October, 2004 as a Pension Fund Administrator to administer and manage pension retirement savings contributions of employees in Nigeria in accordance with the Pension Reform Act of 2004. CrusaderSterling Pensions Limited was granted a licence to operate as a pension fund administrator by the National Pension Commission (PENCOM) in accordance with the provisions of the Pension Reform Act of 2004. We are one of the leading Pension Fund Administrators (PFA) in Nigeria.

Title: Asset & Liability Manager

Location: Lagos

Employment Type: Full-time

Department/Unit: Investment

Reports To: Head, Investment

General Description:

The Asset and Liabilities Manager plays a key role in overseeing the management of assets and liabilities to optimize profitability, liquidity, and risk management for the organization. This role involves developing and implementing strategies to maximize returns on investments while minimizing risk exposure.

Job Functions:

Asset Management:

• Develop and execute investment strategies to optimize the organization’s asset portfolio.
• Conduct thorough analysis of financial markets, economic trends, and investment opportunities.
• Monitor and evaluate the performance of various investment assets, such as stocks, bonds, real estate, and derivatives.
• Recommend investment decisions based on risk appetite, financial goals, and market conditions.
• Collaborate with portfolio managers, traders, and analysts to ensure effective asset allocation and diversification.

Liability Management:

• Oversee the management of liabilities, including debt obligations, loans, and other financial commitments.
• Assess and manage interest rate risk by monitoring market conditions and implementing appropriate hedging strategies.
• Develop strategies to optimize the organization’s funding and liquidity positions.
• Analyze and evaluate the impact of regulatory changes on liabilities and ensure compliance.
• Collaborate with treasury and finance teams to ensure effective cash flow management and liquidity planning.

Risk Management:

• Identify and assess risks associated with assets and liabilities, such as credit risk, market risk, and liquidity risk.
• Develop risk mitigation strategies and policies to safeguard the organization against potential losses.
• Conduct stress tests, scenario analyses, and other risk assessment techniques.
• Monitor and evaluate key risk indicators and report findings to senior management.
• Stay updated with industry regulations and best practices related to asset and liability management.

Reporting and Analysis:

• Prepare regular reports on the performance of assets and liabilities, including key financial metrics and portfolio analytics.
• Conduct financial modeling and forecasting to support strategic decision-making.
• Provide insightful analysis and recommendations to senior management based on data-driven insights.
• Collaborate with finance teams to ensure accurate and timely financial reporting.

Relationship Management:

• Engage with external stakeholders, such as regulators, auditors, and rating agencies, to ensure compliance and maintain strong relationships.
• Collaborate with internal departments, including finance, risk management, and compliance, to achieve organizational objectives.
• Communicate effectively with team members, providing guidance and fostering a collaborative work environment.

Key Performance Indicators / Measurement Criteria:

• Portfolio Performance
• Asset Allocation
• Risk Management
• Liquidity Management
• Interest Rate Risk
• Treasury Management
• Portfolio Management
• Liability Management
• Compliance and Regulatory Requirements
• Cost Efficiency
• Client Satisfaction
• Asset-Liability Mismatch

Educational Qualification / Person Specification:

• Graduate Degree in a relevant Finance and/or quantitative subjects (Minimum of 2.2)
• 5 years and above in a similar position, preferably in financial services (PFA or others)
• Professional Accounting and/or Business Administration qualification
• Relevant experience in a treasury/credit function and exposure to man-management and leading teams
• Financial reporting (IFRS) and Capital reporting experience
• Capital Markets experience and strong knowledge of fund accounting for Real Estate, Private Equity, and Infrastructure funds
• Experienced in treasury products with extensive capital market experience, credit, and financial analysis
• Strong understanding of hedging interest rates and foreign exchange exposures
• Good knowledge of cash management products
• Strong understanding of capital markets and balance sheet management techniques
• Systems knowledge – Oracle preferred

Skills / Competency Required:

• Financial Analysis
• Risk Management
• Asset Allocation
• Liability Management
• Financial Regulations and Compliance
• Communication Skills
• Strategic Thinking
• Technology Proficiency
• Continuous Learning
• Ethical Conduct

Compensation:

• Attractive, Others: HMO & Pension.

Deadline: 14th October, 2023.

How to Apply: Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.