CFA level II regulatory reporting (CCAR) financial risk and capital management quantitative analysis financial reporting

Experience

STANBIC IBTC HOLDINGS, MEMBER OF STANDARD BANK GROUP Lagos, Nigeria 2010 – 2016

Senior Financial Risk and Capital Management Analyst (2014-2016). Analyzed Comprehensive Capital Adequacy Ratio (CCAR) to ensure full disclosure and compliance; assessed impact of capital on the banks key ratio.

Evaluated USD 5B asset line items on balance sheet, determined allocation of a minimum of 10% capital on Risk Weighted Assets and produced a Comprehensive Capital Adequacy Ratio (CCAR) report in line with Basel II /Basel III requirements.

Developed stress testing scenario with 5 analysts under different economic conditions to ascertain strength of bank’s capital and ensured capital plan is approved by Federal Reserve

Facilitated documentation of monthly capital management reports to aid Asset and Liability Management (ALM) Committee to assess impact of proposed capital plan of $40M on balance sheet.

Coordinated annual internal financial control, Liquidity and Capital Management (LCM), regulatory & financial audits to ensure queries are minimized to 80% and audit findings are timely resolved.

Implemented best practices in capital management such as International Capital Adequacy Assessment program and assess its impact on bank (ICAAP).

Coordinated financial risk dashboard initiatives along with team of 2 finance analysts to monitor and track Key Risk Indicator as a control measure within finance department.

Reviewed and interpreted circulars from regulators for updates on bank’s reporting templates to avert contravention leading to a reduction on penalties and infractions by over 70%.

Senior Financial and Regulatory Reporting Analyst (Project Lead 2012-2013). Designed automation of bank’s regulatory returns platform with a team of 5 analysts; trained and coached team members on regulatory reporting.

Led development team of 5 analysts to automate Standard Bank’s group regulatory returns platform of a revenue size of USD 17M to ensure accuracy and timeliness in delivering reports to regulators.

Prepared banks’ balance sheet, income statement and cash flow analysis in line with IFRS requirements for management approvals for regulatory reporting.

Collaborated with a team of 4 analysts to evaluate financial position of USD 3B and provided commentaries on key variances identified between current and prior month’s position for management in reporting.

Computed and monitored Liquidity, Debt Financial Institution (DFI’s) covenant ratios of the bank to ensure compliance with regulations.

Documented and filled regulatory returns (BA 610) to South African Reserve Bank (SARB) on a monthly and quarterly basis.

Prepared other ancillary reports to regulatory authorities.

Reconciled regulatory returns to the bank’s management accounts monthly as a regulatory audit requirement.

Conducted a review of Liquidity ratio computation; analyze flow on bank’s financial products and advise treasurer on high yielding assets to invest; led to revenue of over $100M monthly.

Disseminated audited shareholders’ funds of $400M to stakeholders and ensured credit team does not lend to a single obligor an amount exceeding 20% of group’s shareholders fund.

Built and sustained a worthwhile relationship with CBN, NDIC, SEC and other regulatory authorities to minimize regulatory examinations.

Monitored and assessed impact of Cash Reserve Requirements (CRR) every fortnight on bank’s current account whenever there is a balance sheet inflow and advise treasury unit accordingly.

Accounts Payable Officer (2010-2011). Implemented system checks to mitigate risk of double and delayed payments to vendors.

Collaborated with a team of 5 officers to implement process documentation for vendor payment transactions flow to ensure controls are adequately followed to mitigate risk of double payments by 80%

Reconciled and filed tax returns; verified accurate withholding tax deductions from a team of 2 analysts on vendor transactions; led to remittance of USD 25K annually to Federal Inland Revenue Service.

Processed daily over 100 tickets of foreign/local vendor payments transactions; thereby reducing bank’s average payable turnover.

SKYE BANK PLC Lagos Nigeria (2008 – 2009)

Credit Officer. Managed clients by facilitating credit request and converted prospects to customers.

Managed customer base with a balance sheet size of USD 500M to generate a turnover of USD 500K monthly.

Analyzed credit requests, such as Advanced Payment Guarantee (APG), Bank Overdraft, and Term Loans for 10 clients daily with market data available; led to USD 200K increase in interest income.

Responsible for driving profitable volume growth through new business acquisition and maximizing every customer (both new and existing) engagement, uncovering customers’ needs and providing them with right product and services solution.

Education

Master of Business Administration (MBA)

Hult International Business School Boston, Massachusetts August 2017

Passed CFA Level 1 Examination December 2015

Associate of Chartered Accountants of Nigeria (A.C.A) May 2011

B.Sc. (Hons) Management and Accounting (2nd Class Upper)

Obafemi Awolowo University Nigeria December 2007

Expertise

Regulatory Reporting Quantitative Analysis SAP

Financial Reporting Financial Analysis Microsoft Excel

Financial Risk Management Corporate Finance Microsoft Word

Capital Management Liquidity Management Microsoft PowerPoint

Financial Modelling Asset and Liability Management Calypso and Cognos Software

Internal Audit Credit Risk Management Finacle Software

Additional Information

Award: Awarded Beyond Excellence for Service Excellence in Customer Service and Risk Management, 2014; Standard Bank Group Limited, Finance Department.

Activities and Societies:

Association of Latino Professionals for America (ALPFA): Student member and representative of ALPFA at Hult

National Black MBA Association – Student Member

Hult Finance Club – Student Member

Hult Venture Capital Club – Student Member

Hult Entrepreneurship Club– Student Member

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