Experience

Titan Trust Bank

• Nigeria
• Banking
• 100 - 200 Employee

• Fixed Income, FCY/Naira Dealer

  • Oct 2019 - Present

  • Daily FCY blotter management • Sales and purchase of Foreign Currencies from and to individuals, Corporate Entities, multinational companies and all other bank clients • Processing of SME, Invisibles & I & E transactions • Sales of derivatives to retail clients • Keeping a tab on market sentiment via research, valuation and data analysis • Providing key parties with daily trading information • Worked closely with the Head of Treasury to execute profitable Eurobond trades • Proprietary 2-Way Quote Trading in Treasury Bills at the Secondary Interbank market via the Bloomberg trading system. • Preparing of primary auction bids for Nigeria Treasury Bills, FGN Bonds and FGN Eurobonds • Updating Position and Income Blotters for the Securities Trading unit. • Reconciliation of Securities portfolio and Posting of Deals on a daily basis. • Analyzing predominant market factors affecting Treasury Bills/FGN Bonds/FGN Eurobonds and recommending appropriate trading strategies in both the primary and secondary markets. • Managing relationship with various regulating bodies (such as Debt Management Office, Central Bank of Nigeria, FMDQ, Central Securities Clearing System Limited). • Keeping a tab on government policies and analyzing consequential effects on the various markets. • Daily placement and taking of funds on Local Currency (Naira) to manage the bank’s liquidity. • Maximizing the bank’s profit through trading Money Market Instruments (i.e CALL, OBB, FBB). • Managing CBN and other Inter-bank relationships. • Providing funds to meet the bank’s obligations to depositors. • Managing of the bank’s daily, mid-month and month-end liquidity position to ensure compliance with statutory requirements. • Reviewing banks’ Financial Statements and establishing deposit placement lines. • Any other tasks as may be assigned by the Treasurer/management. Show less



FIRST MARINA TRUST LTD

• Financial Services
• 1 - 100 Employee

• Head, Fixed Income Unit

  • May 2017 - Sep 2019

  • Daily Investment portfolio monitoring • Preparing economic analysis to guide investment decisions • Daily market rate survey • Analyzing predominant market factors affecting the Money Market, Fixed Income Market and recommending appropriate trading strategies • Investment recommendations to management for implementation • Ensuring third party (customer) Fixed Income orders are fulfilled adequately • Implementing investment decisions as approved by management • Assignment of investment placement lines for counterparty institutions • Managing CBN and other Inter-bank relationships. • Liquidity management to ensure the bank meets her obligations. • Managing of the bank’s daily, mid-month and month-end liquidity position to ensure compliance with statutory requirements. Show less



Heritage Bank Plc

• Nigeria
• Financial Services
• 700 & Above Employee

• Treasury Naira dealer

  • Aug 2015 - May 2017

  We are a SERVICE organization in the business of banking  Actively traded fixed income securities (Treasury Bills) in the two way interbank market, gave bid and offered prices on behalf of the company using the Bloomberg platform.  Was responsible for identifying and proposing avenues for business opportunities to clients (including Pension Funds, Asset Management Companies and other financial institutions ), provided investment strategies and advice on various investments that guided them in managing their portfolios.  Managed the Organization’s Treasury Bills portfolio, developed trading strategies and took positions to increase income.  Prepared daily trading income and portfolio reports for the Head, Fixed Income, Currencies and Treasury.  Prepared and published weekly market updates for dissemination to internal and external stakeholders.  Liaised with the Regulatory Body on issues relating to the Bonds Desk. Show less



Enterprise Bank Ltd

• • Jul 2012 - Aug 2015

  One of Nigeria’s foremost Nationalized Banks with cutting edge in retail banking• Handled proprietary 2-Way Quote Trading in Treasury Bills at the Secondary Interbankmarket.• Prepared primary auction bids for Nigeria Treasury Bills and FGN Bonds• Updated position and Income Blotters for the Securities Trading unit.• Reconciled Securities portfolio and Posting of Deals on a daily basis.• Rendered requisite regulatory returns to CBN• Analyzing predominant market factors affecting Treasury Bills/FGN Bondsand recommending appropriate trading strategies in both the primary andsecondary markets.• Managed relationship with various regulating bodies (such as DebtManagement Office, Central Bank of Nigeria, Central Securities ClearingSystem Limited).• Kept tab on government policies and analyzing consequential effects on thevarious markets. Show less

• • Jan 2012 - Jul 2012

  Managed the bank's liquidity by daily placing and taking funds on Local Currency (Naira).• Maximized the bank’s profit through trading Money Market Instruments (i.eCALL, OBB, FBB) .• Managed CBN and other Inter-bank relationships.• Managed and reconciling the bank’s current and settlement accounts.• Provided funds to meet the bank’s obligations to depositors.• Increased fee income through deal structuring.• Managed the bank’s daily, mid-month and month-end liquidity position toensure compliance with statutory requirements.• Reviewed banks’ Financial Statements and establishing deposit placementlines.• Prepared Alco and Treasury Weekly/Monthly Reports. Show less



Spring Bank Plc

• • May 2010 - Dec 2011

  Market survey and comparisons in order to maintain best quality at the best price• Management of vendors• Inspected facilities• Kept office records

• • Apr 2009 - Apr 2010

  Handled strategic planning for expansion of customer base as well as customerretention• Managed customer relationships • Prepared performance reports• Deposit mobilization



Dutse Capital Development Authority

• Office Assistant

  • Sep 2006 - Aug 2007

  Assist staff with administrative duties as requested. • Assisting with completion of necessary statistical reports as requested. • Other duties as assigned. Assist staff with administrative duties as requested. • Assisting with completion of necessary statistical reports as requested. • Other duties as assigned.