Job Purpose:

The position will generate treasury revenue from asset & liability management processes through strategic positioning of assets and liabilities whilst effectively managing liquidity and interest rate risks

Key Responsibilities

Maximize in investment of excess cash and trading of Government Securities for the bank 

Assist in cash flow forecasting process for the group as part of liquidity management and carry out liquidity scenario analysis. 

Ensure Asset Liability Management (ALM) strategies are executed and monitored for optimal revenue

Provide Asset Liability Committee (ALCO) with investments proposals and substantive documents on market trends touching on interest rates. 

Ensure that all types of liquidity risks within the bank are captured and appropriately managed ensuring that the bank meets regulatory liquidity requirements. 

Understand business lending pipelines and provide appropriate funding solutions at optimal pricing.

Add value to the Funds Transfer Pricing process and advice transfer rates to various stakeholders on monthly basis or otherwise as per policy. 

Assist Market Risk in the planning of ALCO meetings focusing on strategic ALM concerns. 

Manage efficiency and profitability of liquid asset portfolio, advising on yields and amounts.

Monitor market conditions and explore hedging opportunities for the various books and prepare the investment and divestment proposals 

Advice on liability planning, pricing, and market trends 

The role will be a proxy to the Forex (FX) and Money market Desks

Customers of this Position

All Departments in the Bank

Knowledge; Skills and Experience required for this Role

Business graduate from an accredited University with a Finance, Mathematics or Economics Major

Comprehensive understanding of Money Market, FX market, Fixed Income and assets and liabilities of a bank.

Good understanding of dynamics of financial markets and local / regional regulatory environment.

MBA in Finance or CFA would be an added advantage

Competencies required for this Role

Dynamic, analytical and self-driven individual with the ability to work under pressure.

A passion for performance, team play and achievement in a competitive and dynamic environment

Hardworking, strategically minded individual with excellent communication, analytical and interpersonal skills.

Thorough understanding of the Money markets/Forex procedures and practice and the ability to interact with all levels of management and staff

Must have initiative to learn beyond scope of duty.

Funds management

Source funding for Bank’s cash position, when required

Ensure that we have sufficient assets to cover our liquid asset requirement

Ensure Knowledge of ALM and at least attend one ALCO meeting a quarter

Ensure knowledge of local regulatory pertaining to treasury and compliance of the same

Provide backup for the Money Market Dealer and FX dealer.

 Accountability

Delegated Authority;

Management of the Bank’s Assets and Liabilities