Summary
Overview
Work History
Education
Skills
Websites
Certification
WEBSITES
CORE COMPETENCIES
Timeline
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OMOLADE RUTH FAMINIGBA

Thorold,Canada

Summary

Dynamic Treasury Manager with over 7 years of expertise in managing liquidity, investment portfolios, and risk management within multi-billion-dollar operations. Proficient in cash flow management and stakeholder collaboration, consistently optimizing capital while driving strategic initiatives. Renowned for exceptional problem-solving abilities, strong communication skills, and meticulous attention to detail, fostering effective partnerships across all organizational levels. Proven leader in coaching and developing associates to cultivate a positive work environment, achieving individual and collective performance goals while implementing effective treasury solutions and ensuring compliance with regulatory requirements.

Overview

8
8
years of professional experience
1
1
Certification

Work History

Senior Treasury Operations Analyst

Renaissance Africa Energy Company Limited
07.2023 - Current
  • Delivered actionable funding and liquidity reports (cash movement and liquidity forecast reports) to support strategic treasury decisions across multiple business entities
  • Managed the daily cash management process and investment of excess cash balances in appropriate money market instruments
  • Supported quarterly treasury SOX testing ensuring 100% adherence to the team's service level agreement
  • Supported monthly risk assessment reporting through the monitoring and reporting on liquidity, foreign currency and interest rate exposures.
  • Presented cash forecast and financial reports to corporate executives to support balance sheet strategy and liquidity positioning
  • Reviewed and reconciled weekly cash variances to support the funding and finance allocation process
  • Investigated, communicated, and resolved failed payment cases and other bank account inquiries
  • Monitored and reviewed relevant financial controls in the payment space
  • Maintained global banking relationships, platforms and agreements and oversaw bank signatories
  • Partnered with internal and external stakeholders for Treasury related matters and other ad hoc Treasury projects
  • Executed reports critical to supporting entities funding decisions and strategic management decisions
  • Managed issuance, settlement, and retirement of employee's credit card
  • Acted as a liaison to business units, account and reconciliation team and the banking partners to ensure all transactions are close out and secured.
  • Organized service review meetings with partner financial institutions
  • Oversaw payment of company taxes within the set deadline communicated by the regulatory authorities

Investment Manager

Opay Digital Services Limited
02.2023 - 06.2023
  • Negotiated a profitable interest rate on the central settlement and sweeping account
  • Successfully onboarded several asset management firms for investment purposes based on capital preservation and return on investment
  • Initiated short term money market investment and marked current rate to market value.
  • Developed and presented detailed analysis of investment performance, portfolio attributes and benchmark composition to evaluate investment strategies.
  • Monitored daily fluctuations in asset value and made recommendations to Senior Management of funds in line with risk appetite as well as regulatory framework of the Fintech industry
  • Researched and shared recommendations on stock market trends and economic forecasts to support portfolio decisions.

Treasury, Asset and Liability Management Analyst

Guaranty Trust Bank Limited
01.2018 - 01.2023
  • Managed $2.3B balance sheet with 95% optimal capital deployment across branches, supporting interest rate risk, liquidity gap management, and strategic treasury positioning
  • Recorded 85% success in liquidity management and portfolio optimization through profitable securities purchase
  • Developed a comprehensive budgeting process for the Asset and Liability Group, resulting in an improvement in budget accuracy and an 85% reduction in variances
  • Analyzed material variances to budget and report to management
  • Monitored interest and exchange rate trends and supported hedging decisions to manage the exposures of the bank.
  • Tracked credit facilities in line with market rates for optimal management of net interest income.
  • Monitored and communicated daily liquidity position and forecast to the relevant internal stakeholders and the Central Bank
  • Oversaw the preparation and presentation of the ALMAC report, Board papers, and other relevant management reports
  • Optimized the value of the bank's non-trading portfolio, against the current market value of similar securities been traded
  • Reviewed the implementation of all treasury framework and controls through periodic checks and led the team during audit reviews.
  • Coordinated Department audit review, operational process review, and business continuity check
  • Interfaced with Key stakeholders including regulators, internal business managers, and treasury associates in the banking industry

Education

MBA - Finance

University of Lagos
12.2016

Bachelor of Science - Accounting

University of Lagos
12.2012

Skills

  • SAP
  • Financial modelling
  • Cash management
  • Internal controls
  • Microsoft Excel proficiency
  • Financial statement Analysis
  • Payment processing
  • Management Reporting
  • Teamwork and collaboration

Certification

ACA - Institute of Chartered Accountants of Nigeria (ICAN)

WEBSITES

https://www.linkedin.com/in/omolade-faminigba/

CORE COMPETENCIES

  • Cash Planning
  • Liquidity Management
  • Variance Analysis
  • Bank Reconciliation
  • Regulatory Compliance
  • Treasury risk management

Timeline

Senior Treasury Operations Analyst

Renaissance Africa Energy Company Limited
07.2023 - Current

Investment Manager

Opay Digital Services Limited
02.2023 - 06.2023

Treasury, Asset and Liability Management Analyst

Guaranty Trust Bank Limited
01.2018 - 01.2023

Bachelor of Science - Accounting

University of Lagos

MBA - Finance

University of Lagos

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OMOLADE RUTH FAMINIGBA