Assistant Manager, Balance Sheet Management at SBM Bank

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