Head of Treasury

FairMoney is a pioneering mobile banking institution specializing in extending credit to emerging markets. Established in 2017, the company currently operates primarily within Nigeria, and it has secured nearly €50 million in funding from renowned global investors, including Tiger Global, DST, and Flourish Ventures. FairMoney maintains a strong international presence, with offices in several countries, including France, Nigeria, Germany, Latvia, the UK, Türkiye, and India.

In alignment with its vision, FairMoney is actively constructing the foremost mobile banking platform and point-of-sale (POS) solution tailored for emerging markets. The journey began with the introduction of a digital microcredit application exclusively available on Android and iOS devices. Today, FairMoney has significantly expanded its range of services, encompassing a comprehensive suite of financial products, such as current accounts, savings accounts, debit cards, and state-of-the-art POS solutions designed to meet the needs of both merchants and agents.

To gain deeper insights into FairMoney's pivotal role in reshaping Africa's financial landscape, we invite you to watch this informative video.

About the role

Assume responsibility for managing liquidity and capital risk within the Fairmoney group and optimising assets and liabilities within the Group.

Roles and Responsibility

• Manage the Asset / Liability mismatch.
• Reduce Cost of Lending.
• Optimise return on cash balances.
• Forecast both short-term and long-term liquidity needs.
• Determine optimal funding mix.
• Manage relationships with the various banks that FairMoney deals with in Nigeria and Europe.
• Negotiate with various banks regarding pricing, facilities, etc.
• Determine parameters (maximum and minimum floats) regarding amounts to be kept in the various bank accounts used by FairMoney.

Requirements

• B.Sc. in any related field. An MSc, MBA, or relevant certification is an advantage.
• 10+ years experience in Investment Banking/Corporate Finance in a reputable Investment Bank or Consulting firm.
• Strong knowledge of the Nigerian Debt Capital Markets.
• Ability to lead end-to-end execution of Debt Capital raising.
• Sound analytical and presentation skills.
• Robust financial modelling and Excel skills.
• Strong industry and HNI network.
• Excellent Project management skills.
• Knowledgeable about Capital Markets, the Economy, and general financial markets.
• Treasury management experience.

Benefits

• Private Health Insurance
• Pension Plan
• Training & Development
• Hybrid work
• Paid Time Off

Recruitment Process

• A screening interview with one of the members of the Talent Acquisition team for 30 minutes.
• Case Study takeaway.
• Case Study discussion with Henry Obiekea (MD, FairMoney Nigeria) and Gustav Raubenheimer (Global CFO) for 45-60 minutes.
• Interview with Laurin Hainy (CEO) for 45-60 minutes.