Head of Asset & Liability Management (ALM) – Access Bank 506 views

There is an exciting career opportunity available at Access Bank for self-motivated individuals with outstanding integrity, a good track record of performance, excellent oral and written communication as well as strong interpersonal skills. As part of its growth strategy, the bank is looking for an experienced candidate with suitable technical competencies to take up the following opportunity:

Head of Asset & Liability Management (ALM) – Gaborone

The incumbent will be expected to oversee the ALM & Money Market Desks and ensure execution of the Bank’s Funding and Liquidity requirements through forward looking planning. To manage the bank’s balance sheet and capital for balance sheet optimization and achieve set financial targets. Gathering of market and trading intelligence information from global, local, and other market counterparties to assist the Bank’s strategy formulation and Asset & Liability Committee (ALCO) decision making. To manage all balance sheet risks, working with Market risk, to ensure adherence to both regulatory and internal set limits.

Key Responsibilities

• Management of Strategies and execution of the Bank’s Funding and Liquidity requirements through flexible, efficient, diversified, and sustainable means by forecasting and planning.
• Development of strategies for Management and execution of the Bank’s Capital requirements, debt/capital markets access planning and issuance.
• Prepare annual Contingency Funding Plan and Recovery and Resolution Planning Policies.
• Rationalization of Funds Transfer Pricing and contributing to policies and procedures relating to Interest Rate and Liquidity and owning the discussions in different governance committees.
• Development of strategies for Management of Interest Rate and Foreign Exchange Risk to manage the financial resources of the Bank with overall strategic objectives of delivering Return on Investments for Shareholders
• Working with the Asset and Liability Committee and giving expert advice on Balance Sheet and Capital trends and leading the committee’s initiatives relating to Balance Sheet and Capital.
• Manages the Money Market portfolio to achieve risk and revenue targets.
• Proactively keep the Treasurer, Country MD, Group Head of Treasury informed of all pertinent arising risks and the plans to mitigate them.
• Stay abreast of current and upcoming regulation, market, and macroeconomic movements, analyze their impact on the function and develop appropriate strategies to manage them.
• Forecasts Interest Rates and trends to identify opportunities to maximize profitability for the Bank liaising with professional market counterparties with regards to market intelligence and enhancement of relationships.
• Ensure Regulatory, Group and Internal compliance with various metrices. Coordinate and consolidate inputs across the Bank to produce Regulatory Mandated and Internal Reporting Requirements ensuring that the Bank is always fully compliant.
• Manage Liabilities and generate Income by relationship management with other Banks, Non-Bank Financial Institutions and Central Bank.
• Preparation of the ALM unit budget and driving its execution.
• Reports on the daily financial performance of the Treasury Department against budget.

Key Requirements

• Bachelor’s degree in Finance, Banking, Accounting, or related field from a recognized institution.
• ACI dealing certificate.
• A minimum of 5 years working experience and proven experience in treasury or corporate banking environment.
• Corporate customer facing experience.
• Money Market Desk experience.
• Strong negotiation and analytical skills.
• Presentation skills
• Leadership and team management
• Excellent computer skills (Intermediate Excel Skills).

Access Bank (Pic) Botswana provides a competitive package and will offer the successful candidate a salary commensurate with the person’s qualifications and experience.