Head of Operations: Treasury, Funds and Investment Operations

About the role

The Head of Operations leads the end-to-end operational control of the Asset Management subsidiary. The role covers investment operations (trade capture, settlement, custody and portfolio records), funds operations (private and public/mutual fund administration, NAV, unit holder servicing and regulatory returns) and treasury operations (cash management, bank and custody reconciliation, payments and money market postings). The post-holder is the single point of accountability for the accuracy, timeliness and regulatory compliance of all operational activity.

Key responsibilities

• Investment operations: oversee capture, validation and settlement of money market, equity, bond and other securities; match and settle trades with brokers, dealers and the custodian; reconcile portfolio holdings to custody, registrar and counterparty records; maintain accurate investment records and audit trails; monitor corporate actions; verify trades and positions against mandates and regulatory limits.
• Funds operations: oversee daily NAV and unit price calculation and sign-off, including accruals and fee computation; supervise subscriptions, redemptions, switches and distributions; keep unit holder registers and accounts accurate; review fund ledgers and prepare financial reports; advise the Fund Accountant on performance fees and fund expenses; produce unit holder statements, fact sheets and management reports; prepare and file SEC monthly and quarterly returns.
• Treasury operations: oversee daily cash positioning and cash flow forecasting; ensure timely bank reconciliations; authorise and control payments within approval limits; process and verify money market placements, rollovers and liquidations; monitor counterparty and settlement exposure.
• Leadership and control: lead, coach and appraise the operations team, set targets and ensure segregation of duties; maintain operations policies, procedures and controls (maker-checker, reconciliations, cut-off times); implement operational risk controls; coordinate audits and regulatory inspections; recommend process improvements and automation; prepare periodic management reports for the MD.

Required profile

• Minimum B.Sc/HND in Accounting, Banking and Finance or a related field (postgraduate degree an advantage).
• Professional qualification such as ICAN/ACCA, CFA (at least Level 1), ACI, CISI or equivalent (strongly preferred).
• Minimum 5 years' relevant experience, at least 3 in a supervisory or managerial role.
• Demonstrable hands-on experience across investment/securities operations, fund administration (NAV and unit registry) and treasury operations.
• Experience with SEC filings and regulator interaction.

What we offer

• Competitive salary of 5m to 12m depending on experience.
• Pension.
• Leave allowance.
• 13th month pay.