OLAWALE OLAWUYI
Chelmsford,United Kingdom
Summary
Results-driven Management professional with 10 years of experience in Banking Operations, Investment operations, production management, organizational development and team building within diverse industries. Highly adept in planning, coordinating and executing successful production strategies. Track record of improving operational stability, efficiency and profitability. Strong collaborator with senior stakeholders, effectively prioritizing activities, translating business requirements into solutions and achieving defined objectives known with delivering satisfactory and excellent service.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Head of Investment Operations
STL Asset Management Ltd
10.2022 - Current
- Designing, implementing, and overseeing the operational framework of the company which involves structure, processes, procedures, resources
- Overseeing the functions relating to Settlement, Fund Administration and Accounting, Reconciliation and Reporting.
- Conducted meetings with clients to discuss investment strategies.
- Informed team regarding discrepancies and loopholes to avoid future problems.
- Ensuring completeness of Net Asset Value (NAV) for various Fund and updating prices of stocks on the Investment system
- Ensuring the optimal functioning of the Company's Operational Application
- Built cordial relationships with key stakeholders to align vision and benefits.
- Conducted detailed investment analysis and calculations to provide reports to management.
- Assisting with the development of new investment products, including working with the Investment Team on expectations/needs for new investment products and new internally managed processes
- Ensuring accurate and timely reconciliation of Portfolio and Custody holdings towards the timely completion of all Reports
- Facilitating the timely submission of Reports to Clients and Regulators to eliminate any infractions
- Training and mentoring direct reports
- Any other functions or duties may be assigned by the Managing Director from time to time.
- Identified and addressed operational, financial and technological risks to avoid losses.
Head, Mutual Funds, and Investments Operations
FBNQuest Asset Management
Lagos, Nigeria
09.2021 - 09.2022
- Oversee mutual funds inflow identification process from end to end.
- Process subscriptions of all identified mutual funds inflows across all Public Funds, Discretional Fund and Schemed Funds’ portfolios on Finacle (Creation of units).
- Supervise and ensure prompt sending of daily redemption worth to Asset Mgt. Team for timely and adequate provision of funds into all the ordering accounts for mutual funds transactions.
- Authorize payment of redemption proceeds on Citibank platform for onward payment of redemption proceeds to various clients.
- Oversee, validate, and sign off daily call-over of all captured transactions and expedite correction of any detected errors.
- Oversee and ensure FBNQuest Asset Mgt. Fund daily prices and yields for public funds are captured on FBNQuest website on daily basis.
- Supervise and ensure timely preparation and sending of FBNQuest Asset Management Limited Funds Daily.
- Ensure accurate and timely reconciliation of banking transactions for all the bank accounts maintained by the Bank to ensure timely completion of financial reports.
Treasury (Fund Management and Settlement)
Asset and Resource Management Holding Company
01.2020 - 09.2021
- Used spreadsheet software to compile and analyse financial data.
- Execution of all Funds /Institutional Client’s transactions regarding placements and Liquidations in the Interbank Market by preparing instructions to transfer counterparty and the receiving counterparty.
- Maintained impeccable records of securities purchased or sold.
- Stamped completed paperwork with duties payable information.
- Assessed charges based on contract terms or established policies.
- Completed accurate transactions following internal standards, industry best practices, and applicable regulations.
- Calculated interest and associated fees for various trade transactions.
- Checking all valuations for unitized funds for decision making.
- Reconciliation of all outstanding transactions and SEC/Custodian reports
Team Lead, Recons / Settlement Investment Officer
FBNQuest Merchant Bank
01.2017 - 01.2020
- Authorize Daily Transactions and Investments on iDeal funds, Symbols and Finacle
- Settlement of Trades (T-bills, Bonds, CPs, Placement) with Counterparties
- Process Asset Management Subscriptions and Redemptions for ALL UNIT'S SCHEMES FUND such as Money Market, Fixed Income Funds, Balanced Fund, Heritage Fund.
- Authorization of payments for all Asset Management Investments.
- Authorization of Journals and month-end entries for FINCON
- Process Custody fee on Mutual Funds.
- Supervision of Bank reconciliation for all Portfolios.
- Monitors NAV and prices report to Securities and Exchange Commission.
- Authorize quarterly Registrars/ fees and expenses for (FBN MMF, FBN FIF and FBN FHF)
- Collation and rendering weekly report of all transactions to Head of Operations
- Preparation of monthly regulatory reconciliation report to FINCON and Compliance
- Preparation of Monthly Executive report.
- Championing Knowledge Sharing Session for Operation Staff
- All other exercise mandated by the Head of Operations.
Treasury Operations Officer
United Bank
03.2013 - 01.2017
- Transfer of Inter-bank inflows both local and foreign currency.
- Apt monitoring of cash inflow and outflow of the bank.
- Settling Over The Counter Trade (OTC) on S4 Application
- Counterparty settlement deals on S4 Application
- Inter-bank Placement Settlement –Open Buy Back (OBB) on S4 Application
- Investments and compilation of information for cash forecasting
- Bidding and collation of Treasury bills and Bonds via Treasury bill portal/S4 Application
- Bankers’ Acceptance investment booking on Portal/Finacle 10x
- Liquidation of Bankers’ Acceptance investment on Finacle 10x.
- Monthly Collation of MIS Data Report on Bank Bids on Bonds, Treasury Bills, Banker’s acceptance, RTGS inflow and Outflow, BDC collations on graph and Power-Point Chart.
- Processing of Real Time Gross Settlement inflow on SWIFT. (MT 103, 202, 102, 199)
- Processing of RTGS Outflow Transfer on SWIFT.
Education
BSC Double Hons - Biological Sciences/Special Education and Rehabilitation
University of Jos
2012
Skills
SOFT SKILLS
- Honesty, hardworking, self-motivation, creative
- Ability to take initiative in the achievement of set target
- Excellent communication skills
- Ability to express ideas, work independently with minimum supervision, and interpersonal skills
- Critical Thinking
- Multitasking efficiency
- Ability to communicate vastly with persons with Hearing and Visual impairment using American Sign Language and Braille
TECHNICAL SKILLS
- Process Digitalization
- Proficiency in the usage of latest Computer software
- Micro-soft power-point, Ms-Word, Excel, Various Investment and Asset Management application Such as: Oracle Application, Google Suite, SWIFT Platform, S4 System, Bloomberg, Finacle Core 10, iDeal Funds System, Sales Force, Clirec Reconciliation System, SQL, Finacle Treasury, Power BI, MS-Teams, Zoom conferencing, Zoho, Salesforce, SAP
- Team building
- Problem-solving
Certification
- Certificate in Investment Operation Specialist (CPD Certified, United Kingdom) 2023
- Investment Operations Certificate, Level 3 (CISI) In View
- Certificate in Investment Performance Measurement, Level II (CFA, CIPM) In View
- Chartered Institute of Bankers in Nigeria (CIBN) 2015
Professional Trainings
- Business Channels (Nigeria Interbank Settlement System PLC) 2018
- Payment, Settlement and Reconciliation NIBSS 2018
- Global Investment Performance Standard (GIPS) Kings Thrones 2018
- Structured Islamic Product Euro Money 2019
- Finance and Accounting for Non-Professionals Phillips Consulting. 2019
Accomplishments
PROJECT CHAMPION
- Swift Inflow Automation Portal UBA 2015
- Finacle Treasury 10X UBA 2016
- iDeal Fund Asset Management System Expert FBNQuest 2018
- Qconnect Trade Settlement Platform FBNQuest 2018
- Inflow Identification Platform FBNQuest 2019
- Deluxe Asset Management System STL AM 2022
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
Head of Investment Operations
STL Asset Management Ltd
10.2022 - Current
Head, Mutual Funds, and Investments Operations
FBNQuest Asset Management
09.2021 - 09.2022
Treasury (Fund Management and Settlement)
Asset and Resource Management Holding Company
01.2020 - 09.2021
Team Lead, Recons / Settlement Investment Officer
FBNQuest Merchant Bank
01.2017 - 01.2020
Treasury Operations Officer
United Bank
03.2013 - 01.2017
BSC Double Hons - Biological Sciences/Special Education and Rehabilitation
University of Jos
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