Summary
Overview
Work History
Education
Skills
Relieving duties
Certification
Training Undergone
Achievements
Interests and Activities
Reference
Timeline
Generic

JOSEPHINE O.D. ASARE-BEDIAKO

ACCRA

Summary

A highly methodical and result driven team player with a solid background in Management and Finance. Possesses fifteen (15) years of banking experience in treasury management, foreign operations and trade, business development and banking operations. A collaborative leader with superior organizational, negotiation and communication skills in implementing strategic initiatives that enhance productivity and efficiency coupled with a strong ability in problem-solving and decision making.


Overview

15
15
years of professional experience
1
1
Certification

Work History

MONEY MARKET & ALM MANAGER

BANK OF AFRICA GHANA LIMITED
03.2019 - Current


  • Identifying liquidity and funding needs of various business units and sourcing for funds.
  • Preparing Cash Flow Analysis, forecasting cash payments and anticipating potential challenges arising from limited cash flow.
  • Implementing Asset and Liability Strategies that optimize the bank's return in accordance with ALCO guidelines and recommendations.
  • Developing and recommending financial policies, capital structure, hedging policies as well as maintenance of bank's relationships.
  • Preparing ongoing assessment of Asset and Liability gaps and managing the implementation of required short and medium term financing structures.
  • Identifying potential financial risks to the bank and ensuring they do not adversely affect the banks funds (eg. foreign exchange exposures).
  • Managing daily cash and bank balances.
  • Setting strategy and overseeing management of Money Market to maximize treasury returns in compliance with the banks market risk appetite.
  • Ensuring compliance with the regulatory requirements (eg. reserve requirements).
  • Analyzing the impact of International markets on the banks’ Balance Sheet, P&L, Products and Services.
  • Preparation of statutory reports in line with regulatory requirements.
  • Preparation of daily, weekly and monthly reports that provides management and the group with relevant information on the economy and its potential impact on the bank.
  • Preparing the ALCO pack, presenting at ALCO when required and accurately documenting minutes and action points in a timely manner.


FOREIGN OPERATIONS & TRADE SERVICES OFFICER

BANK OF AFRICA GHANA LTD
03.2016 - 03.2019
  • Responsible for the processing of all inward and outward cheques received from all Branches and ensuring that they are documented appropriately .
  • Processes cheques and issues drafts/SWIFT for settlement
  • Liaise with Relationship officers and relationship managers cheques requiring their attention.
  • Responsible for the effecting of local dollar transfers and crediting of inflows upon receipt of approval after all due diligence has been met.
  • Liaise with Treasury to apply the required exchange rate when currency conversion is necessary when crediting customer’s inflows.
  • Examination of documentation for Letters of Credit, Bill of Collections and foreign outward transfers.
  • Ensure the creation of swift messages for transmission
  • Contact correspondent banks by sending queries when undue delays are encountered.
  • Forward all suspicious transactions to Compliance to ensure there are no breaches with regards to AML.
  • Respond to queries raised by correspondent banks by swift/mail.
  • Ensure all reconciliation issues identified are corrected accordingly with the right entries.
  • Preparation of monthly statutory and internal reports.

RELATIONSHIP OFFICER: RETAIL BANKING

BANK OF AFRICA GHANA LIMITED
04.2015 - 03.2016
  • Ensure annual achievement and management of individual deposit target of GHS5,700,000.
  • Promote bank’s products, develop and maintain close banking relationship with customers
  • Effective Customer Management (Account opening, credit writing, regular customer/portfolio analysis)
  • Embarking on regular in depth geographical sector research and analysis to ascertain commercial potential.
  • Proactive prospecting and sales activity resulting in increased profitability
  • Monitoring of risk and debt collection
  • Provision of sale and financial advisory services for customers/prospects as well as provision of effective after-sale services.
  • Ensure compliance to loan procedures and documentations
  • Monitor and ensure customers’ compliance to credit agreements to prevent loan default.
  • Organization of marketing campaigns and mass events
  • Grow generic products and electronic products through cross selling

RELATIONSHIP OFFICER: CORPORATE BANKING

ACCESS BANK GHANA LIMITED
10.2013 - 03.2015
  • Promote the bank’s products, develop and maintain close banking relationship with corporate customers.
  • Ensure total quality service delivery to corporate customers.
  • Develop and implement short to medium term strategies to meet operational and financial corporate objectives.
  • Writing of facility approval memos (Credit Memos).
  • Identifying and mitigating risks associated with credit facilities.
  • Establishment, execution and settlement of International Trade Finance deals (Letters of Credit, Trade Bills, Bills for Collections, Advanced payments etc).
  • Structure credit facilities to address customers’ needs and review credit agreements.
  • Present and defend credit facilities to management credit committee.
  • Monitor and ensure customers’ compliance to credit agreements.
  • Actively assisted Team Lead in strategic planning and implementing Business plans
  • Preparation and Presentation of Monthly Performance Reviews to Management.
  • Provision of financial advisory services to customers (Foreign exchange and Fixed income).

BUSINESS PROCESS & DEVELOPMENT OFFICER

UPSKILL PEOPLE
06.2013 - 07.2013
  • Conduct market research into newly identified industries for a new product launch
  • Identify and develop business development strategies
  • Review of company’s organizational structures and growth prospects to compete with industry key players.
  • Review and make recommendation on existing softwares and systems being used in the Industry.
  • Integration of key business and financial information into a database to support management reporting.
  • Conduct an in-depth SWOT Analysis of UPSKILL People and outline opportunities available to management.
  • Make recommendations on market penetration and positioning for the company

RELATIONSHIP OFFICER: RETAIL BANKING

ACCESS BANK
04.2012 - 09.2012
  • Ensure quarterly achievement and management of an individual deposit target of GHS3, 000,000.
  • Ensure quarterly attainment and management of an individual asset target of GHS1, 000,000.
  • Ensure the attainment of a good deposit mix of 60% demand deposit and 40% fixed deposit or any high percentage of demand deposit against fixed deposit.
  • Ensure timely and accurate preparation of credit/facility request.
  • Coordinate credit file progress through the system for approval
  • Accurate preparation of offer documents and security/collateral “perfection”
  • Ensure booking, monitoring and successful retirement of the facility.
  • Ensure foreign transfers are done within 48 hours.
  • Grow generic products through cross selling
  • Grow electronic products through cross selling
  • Preparation of monthly report on strategies and prospects towards attainment of set targets that impact on the branch P&L

CUSTOMER SERVICE OFFICER

INTERCONTINENTAL BANK GHANA LTD
10.2011 - 04.2012
  • Account opening/closure
  • Cheque book management
  • Off-cycle statement request/ statement rendition
  • Account Administration
  • Custodian services
  • Enquiries/Complaints

FRONTLINE OFFICER

INTERCONTINENTAL BANK GHANA LTD
06.2010 - 10.2011
  • Cash and cheque withdrawals
  • Local cash deposits and receipts of foreign currencies
  • Money Transfers (Western Union, Money Gram, Vigo, I Cash International and I Cash Local)
  • MTN Mobile money, Ezwich Services, ECG Transactions
  • Etransact and Payoutlet Services
  • Custodian of the vault keys

Education

Master of Science - FINANCE AND MANAGEMENT

LANCASHIRE BUSINESS SCHOOL
UNITED KINGDOM
09.2013

Bachelor of Science - BUSINESS ADMINISTRATION (BANKING AND FINANCE)

KWAME NKRUMAH UNIVERSITY oF SCIENCE AND TECHNOLOGY
KUMASI GHANA
06.2010

Senior Secondary School Certificate - GENERAL ACTS

YAA ASANTEWAA GIRLS SENIOR HIGH SCHOOL
KUMASI GHANA
06.2010

Skills

  • Proficient user of Refinitiv and Bloomberg trading platforms
  • Proficient user of SWIFT, GIS and Quantum Treasury Software
  • Very conversant with Microsoft office packages; Excel, Word and PowerPoint
  • Positive attitude towards work
  • Able to handle multiple tasks effectively
  • Self motivated with the ability to work under pressure
  • Strong probing, analytical, problem solving and decision making skills
  • Demonstrated leadership, employee development, coaching and motivational skills

Relieving duties


  • Acting Head Treasury during interim periods to ensure the continuity in the leadership and management of the treasury function.
  • Trading of securities on the Ghana Fixed Income Market.
  • Trading on the Ghana Interbank FX Market (Swaps, Spots, Forwards).
  • Growing and developing the Bank’s Fixed Income and foreign exchange client pool.

Certification

OCTOBER, 2020

ASSOCIATE OF CHARTERED INSTITUTE OF BANKERS (GHANA)


APRIL, 2016

ACI DEALING CERTIFICATE EXAMINATION-MERIT

Training Undergone

  • Leading for Transformation-Renewed Minds, Changed Lives-Live2Lead Ghana (Certified Member of the John C. Maxwell Team)
  • Liquidity and Asset Liability Management- National Banking College
  • Foreign Exchange Market, Sales & Trading- National Banking College
  • The Secondary Trading of Government Securities & Risk Management-National Banking College
  • Basel II/III-Pillar III- Enhanced Bank Risk Reporting in Practice-National Banking College
  • Market Risk Management in Practice - National Banking College
  • Lending to Importers and Exporters – National Banking College
  • Credit Risk Analysis and Management – National Banking College
  • Entrepreneurial Development, Human Capital Development Foundation (HUDEF)
  • Banking Law and Ethics- In house training
  • Anti-money Laundering and Fraud- In house training
  • Effective Customer service- In house training

Achievements


  • Execution of a USD 100 million FX Swap deal with the Central Bank of Ghana.
  • Nomination as ALM Staff of the Year 2024 by ACI Ghana.
  • Setting up of the first Repo desk for the Bank.
  • Academic Journal Published: Zakari, A. A and Darko, J.O (2016), ‘Corporate Governance: The impact of Director& Board Structure, Ownership structure and Corporate Control on the performance of listed companies on the Ghana Stock Exchange. Emerald Group Publishing Limited UK.
  • School Prize for Outstanding Academic Performance (2012/2013) – Lancashire Business School, University of Central Lancashire, United Kingdom.
  • Nomination of Academic Dissertation (Corporate Governance and Firm performance) for presentation at the International Journal of Arts and Sciences at the Harvard Medical School, May 2014.
  • Tullow Scholar 2012/2013.
  • 2nd Assistant Social Prefect, Yaa Asantewaa Girls High School, Kumasi.
  • Drama Director, Inspirational Youth Ministry.
  • Secretary, Christ Congregation Church Choir, Presbyterian Church of Ghana, KNUST

Interests and Activities

  • Reading, singing, writing and counseling are hobbies of importance

Reference

William Boateng

Executive Director, Business Development

Bank of Africa Ghana Limited

Accra- Ghana

0244340358


Edem Gbenah

Head, Treasury Department

Bank of Africa Ghana Limited

Accra- Ghana

0247833227

Timeline

MONEY MARKET & ALM MANAGER

BANK OF AFRICA GHANA LIMITED
03.2019 - Current

FOREIGN OPERATIONS & TRADE SERVICES OFFICER

BANK OF AFRICA GHANA LTD
03.2016 - 03.2019

RELATIONSHIP OFFICER: RETAIL BANKING

BANK OF AFRICA GHANA LIMITED
04.2015 - 03.2016

RELATIONSHIP OFFICER: CORPORATE BANKING

ACCESS BANK GHANA LIMITED
10.2013 - 03.2015

BUSINESS PROCESS & DEVELOPMENT OFFICER

UPSKILL PEOPLE
06.2013 - 07.2013

RELATIONSHIP OFFICER: RETAIL BANKING

ACCESS BANK
04.2012 - 09.2012

CUSTOMER SERVICE OFFICER

INTERCONTINENTAL BANK GHANA LTD
10.2011 - 04.2012

FRONTLINE OFFICER

INTERCONTINENTAL BANK GHANA LTD
06.2010 - 10.2011

Master of Science - FINANCE AND MANAGEMENT

LANCASHIRE BUSINESS SCHOOL

Bachelor of Science - BUSINESS ADMINISTRATION (BANKING AND FINANCE)

KWAME NKRUMAH UNIVERSITY oF SCIENCE AND TECHNOLOGY

Senior Secondary School Certificate - GENERAL ACTS

YAA ASANTEWAA GIRLS SENIOR HIGH SCHOOL

Similar Profiles

CREATE PROFILE
JOSEPHINE O.D. ASARE-BEDIAKO