Head of Balance Sheet Management

Type: Full Time Deadline: 0 months, 0 days
Category: Finance Location: Dar-es-Salaam
Other Categories: Banking ,
Job Level: Senior Manager

Roles and Responsibilities

  • Ensure adherence to Funding, Liquidity and Capital Management policies and in-country regulatory and internal capital requirements 
  • Co-ordinate all capital applications (including SBL dispensations and guarantee applications) ensuring quality of applications and manage in-country expectations by challenging and reviewing returns and consider alternative booking of deals
  • Forecast regulatory and economic capital demand & supply across business units
  • Determine capital buffers and perform Cost of Equity calculations in line with Treasury principles and methodology
  • RWA hunt and challenge data inputs.
  • Challenge and review whether hurdle rates are met by evaluating pricing tools and assumptions
  • Engagement with Finance teams to understand balance sheet reconciliation and trends.
  • Support/lead the BAU Basel II regulatory environment. This extends beyond RWA reporting to the consideration of moving from Standardised to advanced Engaging with regulators including the delivery of local ICAAPs
  • Responsible for development of Recovery and Resolution planning
  • Responsible for the in-country ALM process within the guidelines set by Treasury 
  • Achieve an appropriate risk profile within Group standards and risk tolerances by centralizing, netting and hedging all manageable risk via the Treasury Execution Services (TES) desk.
  • Measurement, analysis and interpretation of interest rate risk in the banking book
  • ALM development and training in country
  • Ensure appropriate funding profiles are achieved and determine capital markets issuance need
  • Responsible for robust funding plans which are tracked diligently with a challenge and review process against business plans
  • Monitor and report on adherence to all regulatory and internal funding requirements and limits as maintained by TES
  • Ensure all behavioral assumptions from a liquidity perspective are in line with Treasury guidelines
  • Responsible for the bank’s Contingent Funding plans, Liquidity Risk Appetite setting and liquidity stress testing.
  • Implement the Africa FTP policies and oversee execution
  • Ensure FTP immunizes businesses from all market risk
  • Develop Liquidity Transfer Pricing (LTP) methodologies for all LCY balances and incorporate liquidity premiums in all FCY pricing
  • Maintain all pricing assumptions and ensure FTP rates are aligned to interest rate and liquidity risk behavior profiles
  • Member of the NPA process by assigning the appropriate FTP rate after assessing interest rate and liquidity behavioral profiles
  • Timely production of monthly ALCO pack to required standards
  • Co-ordination of contributions and business proposals – ALCO members and country

 

Educational Qualifications

  • Bachelor’s degree

Experience Requirements

Competencies:

  • A detailed knowledge of the Treasury Governance and oversight process
  • A detailed knowledge of interest rate risk management including structural and behavioral analysis
  • A detailed knowledge of liquidity and funding risk management
  • Knowledge of capital risk management
  • Knowledge of financial markets and economic fundamentals
  • Knowledge of treasury, retail, corporate and capital markets products
  • Appreciation of finance and risk issues.
  • Detailed knowledge of banking capital management

 Knowlege and skills

  • Thorough understanding of banking across segments, with ability to lead strategy on future initiatives.
  • Measurement, analysis and interpretation of risks, especially interest rate and liquidity risk.
  • Capital management experience
  • Proven systems implementation and development track record.
  • 5 to 10 years’ experience in financial markets with emphasis on Treasury related experience
  • Post-graduate qualification
  • Interpersonal skills, proficient communication and able to influence decisions
  • Experience in managing teams and stakeholder management
  • Capital management experience
  • Extensive experience in Treasury Balance Sheet Management with a track record of leadership and development of the function across businesses.

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