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Assistant Manager, Balance Sheet Management
Expiry Date
Jul 31 2025
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
