Assets and Liability Manager - Sandton, South Africa - Bidvest Bank

Bidvest Bank

Verified Company

Sandton, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Primary Purpose

The ALM Manager will lead and support the continuing development of the banks ALM function, develop risk models and support the annual planning process.

Work collaboratively with departments such as Risk, Deposit & Lending BUs. Deliver high-standard work and be comfortable with change.

Minimum Requirements

Qualifications:

Graduate degree in Risk, Finance or Quantitative qualification, supplemented with professional qualifications (e.g. CFA, FRM, PRMIA, FIA/FASSA), with a strong analytical foundation

Experience

Strong presentation skills and an ability to effectively and credibly communicate with senior and nontechnical stakeholders
5 to 10 years of experience in banking and financial services risk management and / or financial resources management
Minimum 5year banking and regulatory experience relating to asset and liability management
Experience with the delivery of highpriority projects and activities, under pressurized conditions
Experience with leading more junior team members with the execution of project tasks
Entrepreneurial and dynamic

Competencies

Technical
General understanding of a bank's balance sheet, Regulations relating to Banks, regulatory developments, Accounting Standards (in particular IFRS 9 as it relates to hedge accounting),
Strong analytical skills and high attention to detail
Modelling and stress testing using excel and other tools
People management experience
Strong understanding of prudential requirements for banks
Asset liability management including: Liquidity, interest rate risk and market risk management
Market Risk Related regulatory requirements and implementation
Hedge Accounting
Pillar 3, risk appetite knowledge for ALM and market risk
ICAAP / ILAAP, Capital / Liquidity Management and Planning
Risk appetite and Risk Strategy, Enterprise Risk Management and Risk Frameworks
Stress Testing, scenario analysis and forecasting
Regulatory and Economic Capital (incl. Capital & RWA optimization)
Recovery and Resolution Planning
Balance Sheet Management / Financial Resource Management
Credit Portfolio Management and Profitability Optimisation
Funds Transfer Pricing (FTP) and Asset Liability Management (ALM), LCR / NSFR
Risk Adjusted Return Management / RAROC / EP
BCBS239 / RDARR, Risk and Regulatory Reporting
Prudential regulation
Creative and lateral thinking as well as an intellectually curious mind
Ability to structure complex tasks in a goaloriented way and deliver innovative solutions under tight timelines

Duties and Responsibilities include but not limited to**:

FINANCIAL MANAGEMENT
Support the management of liquidity, interest rate, foreign currency, hedging and other balance sheet risks

Asset liability management including: Liquidity, interest rate risk and market risk management
Market Risk Related regulatory requirements and implementation
Hedge Accounting

CUSTOMER CENTRICITY

A keen interest in supporting business development and contributing to the commercial success of our firm

OPERATIONAL EXCELLENCE
Assess system cost and functionalities and recommend improvements

Perform cost and benefit analysis on system used in the bank with a view to streamline Treasury operational capabilities
Project manage the implementation of the new ALM system

PEOPLE LEADERSHIP
Provide project management leadership and supervise junior employees

Strong influencing skills, including building relationships with key stakeholders to drive solutions required
Team orientated/Team Player
Strong organizational skills, able to prioritize competing priorities and implement plans to deliver against them

DATA MANAGEMENT

Use organizational data to derive insights for both the regulator and the business

STAKEHOLDER MANAGEMENT

Administrative and Stakeholder Engagement

REPORTING

Ensure timeous and insightful reporting to ALCO and the Regulators

LEARNING AND GROWTH

Drive a continuous learning culture which focuses on innovation and value adding solutions in line with best practice.
This position is advertised in line with our commitment to Employment Equity._