Manager, Asset and Liability Management at Standard Bank Group

JOB PURPOSE

To maintain the ALM business process Kenya and South Sudan as a strategic value-adding activity and ensure that that ALM responsibilities are managed and executed effectively.

KEY RESPONSIBILITES

• Liquidity Risk/Interest Rate Risk in the Banking Book (IRRBB)
• To ensure all the funding in both kes and foreign currency is done optimally daily meeting revenue targets.
• To ensure the execution of both strategic and tactical management responsibilities;
• To establish and maintain systems and procedures for implementation of and for monitoring on a daily, weekly and monthly basis compliance with the tolerance limits and appetite triggers approved by ALCO
• To review the daily dashboards highlighting to in country and centre ALM and GM stakeholders the daily liquidity positions and updated action plans required to address any liquidity breaches if applicable
• To give prompt attention and escalate any liquidity limit and appetite breaches to the specified bodies per this policy within the prescribed timeframes
• To propose action plans to the ALCO committee to address limit and appetite breaches
• To review and ensure the prompt and accurate preparation of all relevant returns to and reports required by banking supervisors
• To review and re-calibrate, on at least an annual basis, all behavioural liquidity assumptions and submit updated assumptions to ALCO (for approval)
• To investigate and report the outcomes of each measure of liquidity and IRRBB to the ALCO in accordance with set policies and procedures
• To report the outcomes of audit findings to the in country ALCO and ensure remediation as per agreed time lines
• 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 review and update all assumptions pertaining to liquidity stress testing scenarios and associated contingency plans on at least a quarterly basis
• To review 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 ensure that all types of liquidity risk and IRRBB within the Bank are captured and appropriately modelled
• To ensure the continuity in the application of the standards, policies and procedures through education and training
• To review Basel 3 templates and other additional group requirements when required
• To review on at least a quarterly basis the viability of haircut assumptions on liquid assets and currency surplus
• To ensure that there is adequate engagement with stakeholders and detailed analysis conducted on forecast planning as per the forecast guidelines distributed by Finance
• To liaise with the relevant stakeholders to ensure that funding plans and contingent funding plans are fit for purpose
• To review and conduct pipeline analysis and assess funding requirements
• To review FTP segmental profiling on a quarterly basis
• To ensure interest rate house views are formulated with stakeholder engagement and presented at ALCO’s
• Reporting and engaging with internal and external stakeholders (e.g. ALCOs, regulators, etc)
• Assist in preparation of Annual Financial Statements and results from an ALM perspective
• Assist in the implementing of QRM risk system

QUALIFICATIONS

• Post-graduate degree in finance/ economics/ maths/ statistics/ financial risk management.
• 5 years minimum experience working in banking.
• Sound knowledge of ALM and treasury management strategies.
• Knowledge of financial markets and economic fundamentals.
• Comprehensive knowledge of treasury products and good general knowledge of retail, corporate and capital markets products.
• Appreciation of finance and risk issues.