Asset and Liability Management (ALM) Officer at Standard Bank Group

Job description

Finance: Budgeting and forecasting, creating interim and annual financial statements, facilitating internal mergers and acquisitions, as well as dealing with analysts and investors.

Job Purpose

To maintain the ALM business process as a value-adding activity, and ensure that that ALM responsibilities executed effectively.

Key Responsibilities/Accountabilities

• To develop and distribute daily dashboards highlighting to in country and centre ALM and Global Markets stakeholders the daily liquidity positions
• Prepare daily funding sheets for funding and nostro monitoring.
• Preparation of the ALCO reports for submission to the Asset and liability management committee, Executive Committee, South Sudan Manco and the Risk
• Management Committee
• To ensure the prompt and accurate preparation of all relevant returns to and reports required by banking supervisors
• Enhance data integrity through working with stakeholders to complete periodical review of data coming out of T24 core banking system & Calypso
• To re-calibrate, on at least an annual basis, all behavioral liquidity assumptions
• To report the outcomes of each measure of liquidity and Interest Rate in the Banking Book to the treasurer in accordance with set policies and procedures;
• To provide ALCOs with substantive documents, should they be requested
• To apply forecasting models and scenario analyses to anticipate potential future liquidity constraints
• To back-test and ensure the accuracy, integrity and relevance of model data and correct potential modelling errors
• To update all assumptions pertaining to liquidity stress testing scenarios and associated contingency plans on at least a quarterly basis
• To maintain day-end and month-end data to enable reporting on historical compliance or non-compliance with tolerance limits and appetite triggers, with appropriate commentary over daily, weekly, monthly, quarterly or annual periods
• To capture and appropriately model all types of liquidity risk and IRRBB within the Bank
• To prepare Basel 3 templates and other additional group requirements when required
• To submit monthly reports to Africa regions ALM within prescribed timeframes for consolidation to Africa Regions ALCO
• To liaise with in-country Market Risk and Global Markets on at least a quarterly basis to calculate and assess the viability of haircut assumptions on liquid assets and currency surplus
• To prepare Funds Transfer Pricing segmental profiling on a quarterly basis
• Assist in preparation of Annual Financial Statements and results from an ALM perspective
• Assist in the implementing of the QRM asset liability management system.

Preferred Qualification And Experience

• First Degree in finance/ economics/ maths/ statistics/ engineering /financial risk management
• 2- 4 years working experience in a similar role

Knowledge/Technical Skills/Expertise

• Systematic and solution oriented approach to work.
• Has an analytical mind.
• Resourceful and decisive.
• Team player – ability to share with others.
• Self-motivated and energetic.