Manager - Fixed Income and FX Structure.Finance

at  MTN

DESCRIPTION:

• Lead the implementation and oversight of policy and governance frameworks, procedures, practices, and standards to ensure quality, effective forex risk management and regulatory compliance.
• Source, negotiate, and enter in competitive and structured Trade contract for the purchase of foreign currency.
• Proactively monitor foreign currency exchange rates and other exposures relevant to the Company.
• Create mitigation structure for curtailing FX volatilities within the Bond Approved limits to protect balance sheet from currency volatility.
• Lead the implementation and oversight of policy and governance frameworks, procedures, practices, and standards to ensure quality, effective forex risk management and regulatory compliance.
• Define counterparty risk exposure limit for Banks based on defined financial and risk criteria.
• Update the Investment Policy Statement and asset allocation matrix as required and especially in line with changing business and market factors.
• Develop trading strategies on fixed income based on market fundamentals and technical analysis.
• Trade fixed income securities via secure trading platform.
• Collate daily bank indicative quotes on fixed income securities to aid investment decisions.
• Provide subject matter expertise and support on the import trade process with special attention to Central Bank of Nigeria (CBN) regulatory requirements.
• Analyse challenges around Forex exposure and liquidity and build solutions leveraging experience and subject matter knowledge.
• Contribute towards strengthening compliance with and knowledge of CBN regulations and forex solutions across the Business.
• Build and maintain effective relationship with the Company’s bankers to stay informed on solutions that add value to the MTN business.Find commercially acceptable structures with partners within a VUCA global FX market.

EDUCATION:

• First degree in Accounting, Economics, or any Finance related discipline.
• Fluent in English
• ACI dealership certificatePart qualification/Membership of a professional financial management/accounting qualification (ACA, ACCA, CIMA, Level 2 CFA)

EXPERIENCE:

6-13 years’ experience in an area of specialization; with experience working with others.

• Experience in Dealing in Instruments, Fixed Income Dealing.
• FX structuring to preserve value from Volatilities.
• Experience from International Banking Organization
• Extensive knowledge in Macro-Economic Analysis and Research.
• Must have strong understanding of the Nigerian banking industry, currency control regulations, currency solutions (FX hedge instruments), and import trade finance, process, and requirements.
• Experience working in a medium organization.
• Experience in good accounting practices and the Nigerian policy environment.
• Up-to-date knowledge of the foreign exchange market and exchange control compliance.

Please refer the Job description for details