October 5, 2024
Descriptions
A staff at this level will be a responsible for Managing overall bank short term Liquidity and funding to ensure all financial commitments of the bank are met at all times. The key objective being to achieve optimal yield on assets while minimizing cost and risk exposures.
Responsibilities
Liquidity & Funding Management
a) Tactical (Short-term) Liquidity Risk Management
- Manage Intraday liquidity positions
- Monitor interbank and repo shortages levels
- Monitor daily cash flow requirements
- Manage short term cash flows
- Manage daily Foreign Currency Liquidity
- Set deposit rates in accordance with structural and contingent liquidity requirements as informed by ALCO
b) Contingent Liquidity Risk Management
- Ensure compliance with regulatory ratios requirement (LCR)
- Monitor and manage early warning liquidity indicators
- Establish and maintain contingent funding plans
- Undertake regular liquidity stress testing and scenario analysis
- Convene liquidity crisis management committee, if needed
- Set Liquidity Buffer levels in accordance with anticipated stress events
- Ensure diversification of liquidity buffer portfolio.
Portfolio Management (of Net Open Position of Banking Book)
- Monitor, forecast and hedge interest rate risk generated on the banking book including that risk generated by the capital portfolio and effects from endowment
- Monitor and forecast banking book foreign exchange risk
- Management of foreign exchange and interest rate hedge portfolios
- Management and protection of margin and NII
Cross Border Risk Management
- Management of prudential limits on foreign exposures
- Compliance with all applicable exchange control regulations
- Management of relationship with the regulator on above issues
Strategic relationships
- Develop and maintain relationships with peers in the market to keep up to date with latest developments
- Develop and maintain strong relationships with the bank Risk and Compliance Unit.
- Good relationship with bank business units (Business & amp; Co-operative banking)
Key Performance Indicators
- Yields on Assets
- Cost of Funds
- Regulatory & Internal limits compliance.
- Effective liquidity & Contingency funding Policies
Requirements
Education:
- A Good First degree (or equivalent) in Accounting/Economics/Business, Administration or a related discipline
- Membership of a recognized Professional body in the field of treasury management would be a distinct advantage.
Experience:
- Candidate should already have treasury experience of at least 2 years from working within a treasury role in a large organization
Knowledge
- Good grasps of the factors influencing strategic Assets Liabilities Management
- Good knowledge of market mechanics, ALM and risk management techniques
- Knowledge of strategic planning and risk management techniques
- Data Gathering and Analysis
- Regulatory Compliance Requirements
- Industry Knowledge
- Business Risk Management
Skill/Competencies:
- Strategic thinker with the ability to predict and plan for future business requirements.
- Good knowledge of Balance Sheet Management practices
- Good understanding of the economy
- Good knowledge of derivative and hedging instruments
- Proven financial analysis, Interpretation & Reporting Skills
- Strong Orientation and Problem solving skills
- Ability to present financial data using detailed reports and charts
- Strong Negotiation and Pricing skills
- Strong Relationship Management Skills
- Excellent Oral & Written communication Skills.
Skills Required
- Critical Thinking Skills
- Financial Analysis
- Problem Solving
- Strategic Thinking
- Relationship Management
- Report writing
- Negotiation
- Team Work
- Good communication skills