Recruitment at Jubilee-Life Mortgage Bank Plc

Recruitment at Jubilee-Life Mortgage Bank Plc

Jubilee-Life Mortgage Bank Plc is a leading primary mortgage Bank in Nigeria. It was incorporated in August 1992 as a private limited Liability Company. Since its inception, Jubilee-Life Mortgage Bank Plc has evolved into a mortgage Bank with a global outlook whose activities have extended beyond the shores of Nigeria. The Bank has attained significant growth and emerged as a giant in the mortgage banking sector in terms of assets, loans, deposits, profitability, and branch network. We attribute our success to our commitment to deliver safe, viable, and affordable housing solutions which address the housing deficit in Nigeria.

We are recruiting to fill the position below:

Job Title: Head Treasury (Investment and Deposit Mobilisation)

Location: Nigeria 
Employment Type: Full-time

Job Description

• Head of Treasury (Investment and Deposit Mobilisation) is responsible for executing the bank’s treasury function. To efficiently measure and manage the treasury function, manage a team that performs a wide range of job duties and responsibilities.

Responsibilities

Finance:

• Monitoring and managing the bank’s liquidity.
• Generate, lead, and mobilize significant deposits across liquidity matrix.
• Analyzing various scenarios and risks and reporting to Executive Director, BDD/Treasury.
• Forecasting of medium and long- term funding and hedging requirements.
• Daily cash management.
• Debt facilities management.
• Drive profitability of the unit, monitoring income generated through trading, Fees etc.
• Oversee the management of bank’s Investment Funds.

Relationship/ Stakeholder Management:

• Evaluating and reviewing opportunities in equity market and recommending appropriate opportunity to the management
• Review and support branches and units in identifying deposits opportunities and Cross selling of services across the bank.
• Preparation of Board and monthly ALCO report for management review.
• Preparation of weekly gap analysis for planning and decision making.
• Review and prepare MIS reports related to treasury and investments required by the management.
• Supporting the month-end process where necessary.
• Liaising with senior management across the organization.
• Maintain relationships with the bank’s corporate customers.
• Authorize other groups, units and branches on acceptable deposit and foreign exchange rates.

Process Management:

• Interest rate risk management and development of risk mitigation strategies.
• Develop a policy & procedure manual for treasury & investments operations with adequate controls incorporated.
• Implement measures for enhancing the processes relating to client profitability tracking, FX trading systems etc.

Business Development:

• Submit proposals to the Management on launch of new Investment Funds and treasury Products & Services.

Qualifications

• Minimum of First Degree in a relevant discipline preferably in Finance/ Investments/Banking. Master’s Degree would be an added advantage. Relevant professional certifications and/or a second degree. Minimum of 10-year experience managing a Treasury Function. Sound understanding of accounting principles.
• Knowledge of a mortgage bank’s structure policies, processes and procedures. Knowledge of the banking industry. Knowledge of the mortgage Industry. Asset and liability management. Cash management. Financial markets analysis. Investment management. Knowledge of banking operations. Knowledge of derivatives trading. Knowledge of treasury operations. Knowledge of banking strategy. Knowledge of financial markets. Knowledge of foreign exchange market and operations. Money market trading.

Skills:

• Business environment analysis.
• Credit analysis.
• Deal structuring.
• Financial modeling.
• Financial statement analysis.
• Forecasting skills.
• Gap analysis and gap management.
• Liquidity management.
• Process improvement.
• Project management.
• Proposal writing.
• Risk management.
• Analytical skills and ability to use MS Office applications (MS Word, MS Excel, MS PowerPoints).

Application Closing Date
28th June, 2024.

How to Apply
Interested and qualified candidates should send their CVs to: careers@jubileelifeng.com using the “job title” as the subject of the email.

Job Title: Head Treasury (Asset Management)

Location: Nigeria 
Employment Type: Full-time

Responsibilities

• Responsible for executing the bank’s treasury function. To efficiently measure and manage the treasury function, manage a team that performs a wide range of job duties and responsibilities.
• Generate, lead and mobilize significant deposits across liquidity matrix.
• Analysing various scenarios and risks and reporting to Executive Director, BDD/Treasury.
• Forecasting of medium and long-term funding and hedging requirements.
• Daily cash management and Debt Facilities Management.
• Drive profitability of the unit, monitoring income generated through trading, Fees etc.
• Interest rate risk management and development of risk mitigation strategies.
• Develop a policy & procedure manual for treasury & investments operations with adequate controls incorporated.
• Evaluating and reviewing opportunities in equity market and recommending appropriate opportunity to the management
• Review and support branches and units in identifying deposits opportunities and cross-selling services across the bank.
• Submit proposals to the Management on launch of new Investment Funds and Treasury Products & Services.

Requirements

• Candidate should possess a minimum of First Degree in a relevant discipline preferably in Finance/ Investments/ Banking.
• Master’s Degree would be an added advantage.
• Relevant professional certifications and/or a second degree.
• Minimum of 10-year experience managing a Treasury Function.
• Sound understanding of accounting principles.

Application Closing Date
25th June, 2024.

Method of Application
Interested and qualified candidates should send their CV to: careers@jubileelifeng.com using the job title as the subject of the mail.

Job Title: Treasury Marketer (Asset Management)

Location: Victoria Island / Adeola Hopewell, Lagos
Employment Type: Full-time

Responsibilities

• Assist to promote treasury products and provide treasury advisory services to corporate customers.
• Work on business units’ referrals and structure tailor-made products /solutions to suit both customers’ hedging and investment needs.
• Management of money and financial risks in a business.
• Ensure the business has the money it needs to manage its day-to-day business obligations.
• Help to develop the long-term financial strategy and policies.
• Provides a means for an organization to effectively manage its liquidity
• Minimize risk exposure and maximize the efficient use of resources.

Requirements

• Candidate should possess a minimum of First Degree in a relevant discipline such as Accounting, Finance, Mathematics, Engineering or other quantitative disciplines.
• Relevant professional certifications such as ACCA, ACA, CFA, ACI, CTP and/or a second degree are added advantages.
• Minimum of 5 years experience in the Banking or Financial Services industry.

Application Closing Date
24th June, 2024.

How to Apply
Interested and qualified candidates should send their CV to: careers@jubileelifeng.com using the Job Title as the subject of the mail.

Job Title: Marketer

Location: Nigeria 
Employment Type: Full-time

Job Summary

• Follow through on targets set by mobilizing deposit liabilities through the different products of the bank as well as generating risk assets thereby creating revenues for the bank.
• Solicit / develop and maintain profitable long-term account relationship with customers.

Job Description

• Ensure that target set in terms of deposit liabilities, risk assets and Profit after Tax PAT/PBT are met.
• Assist in the preparation of annual sales plans and strategies to enable the team achieve targeted growth objectives.
• Prospect and market bank’s products to meet customer needs.
• Negotiate & convince customers to buy the bank’s product/services (liability, risk etc.).
• Assist in the development and update of strategic plans in- line with the current prevailing market realities.
• Manage and deepen relationships with existing and prospective customers.
• Maintain strong interdepartmental relationships with relevant departments and follow up on transaction processing to ensure customer instructions are attended to promptly and efficiently.
• Maintain adequate records of all transactions.
• Prompt processing of credit facilities.
• Effective collection of all PDOs.
• Prompt processing of liquidation of facilities androllovers.
• Effective Relationship Management.
• Ensure effective relationship management with new andexisting customers to improve deposit liability growth andmix.

Qualifications

• Minimum of University Degree with second class lower.
• A post graduate degree is an added advantage.

Competency:

• Knowledge of a Mortgage Bank’s operations/services/products.
• Knowledge of a Mortgage Bank’s policies and procedures
• Knowledge of a Mortgage Bank’s sales/marketing strategy and policy
• Knowledge of a Mortgage Bank’s corporate strategy and how the group’s objective aligns with the strategy.

Skills:

• Deal structuring skills.
• Financial & business advisory skills
• Business development/sales skills.
• Strategic/Business/sales planning skills.
• Credit administration (covers the entire process of giving out loans to when the customer pays back), analysis and risk management.

Salary
N250,000 – N300,000 per month.

Application Closing Date
24th June, 2024.

How to Apply
Interested and qualified candidates should send their CV to: careers@jubileelifeng.com using the Job Title as the subject of the mail.