ECOWAS Bank for Investment and Development (EBID) is an international financial institution established by the 15 Member States of the Economic Community of West African States (ECOWAS). EBID includes: Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.
The main objective of EBID is to contribute to the economic development of West Africa through the financing of ECOWAS and NEPAD projects and programs. The headquarters of the bank is in Lomé in the Togolese Republic.
We are recruiting a qualified person who is a citizen of the Community to fill the vacancy in the Professional Staff category:
Job Title: Head, Treasury Division
Location: Lome, Togolese Republic
Job Summary
- The Head of Treasury Division is responsible for overseeing and managing all financial transactions, cash management policies, financial risk cover policies, securities portfolio management, borrowings, foreign exchange transactions, and approved signatures within the Bank.
- The role involves providing strategic leadership and guidance to ensure effective treasury management.
Duties
Duty 1: Financial Transactions and Controls
- Establish and enforce processes and controls for the execution of financial transactions.
- Regularly review transaction records to ensure accuracy, timeliness, and compliance.
- Provide guidance and support to staff involved in executing financial transactions.
- Conduct periodic audits to assess transaction execution processes and identify areas for improvement.
Duty 2: Team Support and Capital Subscriptions
- Ensure timely and accurate payment of the Bank’s commitments to its lenders.
- Provide guidance and support to the team responsible for monitoring Bank capital subscriptions.
- Collaborate with the General Accounting Division for accurate and timely processing of capital calls and payments.
- Review and validate subscription-related documentation and records.
- Offer training and development opportunities to enhance the team’s skills in capital subscription management.
Duty 3: Payments and Cash Management
- Oversee the process of making payments and receiving cash payments for Bank activities.
- Review and approve payment requests, ensuring adherence to documentation and procedures.
- Monitor cash flow and liquidity management aligned with the Bank’s cash management policy.
- Evaluate the effectiveness of the cash management policy and identify areas for improvement.
Duty 4: Financial Risk Cover Policy and Portfolio Management
- Supervise the development and implementation of a comprehensive financial risk cover policy.
- Ensure proper assessment and mitigation of financial risks in line with regulatory requirements.
- Review risk cover mechanisms and strategies to safeguard the Bank’s interests.
- Monitor and evaluate the effectiveness of risk cover policies, making recommendations for enhancements.
Duty 5: Staff Workflow & Development:
- Manage the workflow of the staff in the division
- Supervise and work with staff to achieve departmental targets.
- Work with staff to set SMART annual performance goals
Required Qualifications
Educational Qualification:
- Minimum of a Master’s Degree in business administration, Finance, Accounting or an equivalent diploma in the field concerned.
Professional Experience:
- Minimum of ten (10) years of professional experience, preferably in a similar role.
- Proven track record of successfully supervising and monitoring treasury operations, cash management, financial risk cover, and securities portfolio management
Knowledge, Skills and Abilities:
- Strong knowledge of financial instruments, treasury operations, liquidity, foreign exchange, and risk management.
- Sound understanding of international accounting standards and relevant regulatory frameworks.
- Strong analytical, problem-solving, decision-making and negotiation skills.
- Proven leadership, communication, interpersonal and team management abilities.
- Strategic, results-oriented and innovative, with high integrity and attention to detail.
- Ability to work effectively under pressure, meet deadlines, and use relevant financial and Microsoft Office applications.
Other Requirements:
- Be a national of West African Countries;
- Must not be above 45 years at the time of recruitment;
- Have sound knowledge of computer tools (Word, Excel, Access and PowerPoint);
- Fluent in French and/or English and/or Portuguese, and proficient in one of the other two languages.
Salary Grade
Grade P5.
Application Closing Date
30th November, 2026.
How to Apply
Interested and qualified candidates should submit their Applications to: [email protected] using “HEAD OF TREASURY DIVISION” as the subject of the email.
Note
- Only shortlisted candidates will be invited for an interview.
- EBID reserves the right to withdraw the notified vacancy or offer the position at a lower grade. Female applicants are strongly encouraged to apply.
