Treasurer – IRC234794 – First National Bank

VACANCY

Treasurer – IRC234794

It’s time to be with FNB

The following vacancy exists within First National Bank

Reporting to the Chief Executive Officer, the Treasurer is the responsible and accountable executive lead for the Treasury function of the bank. The function has a mandate over funding and liquidity management, capital management, financial resource management, balance sheet management, investment office (macro research; investment and portfolio management of bank and non-bank own funds; management of banking book interest rate risk), currency and exchanges, market infrastructure, debt investor relations and other relevant stakeholder relationship management including relations with the regulator on all areas of accountability.

The individual will be responsible for, but not limited to the following:

• Providing assurance to Management and Board that the quality of the management of all the functions under the treasury mandate including financial resources of the bank/group (capital and liquidity) and associated risks meets appropriate prudential and fiduciary compliance standards
• Developing and executing efficient financial resource (capital and liquidity) mobilisation strategies and the optimisation of said resources pre-deployment. As such, the role requires that the incumbent be able provide thought leadership on funding and liquidity management, capital management and deployment/ investment pay-off decisions of these resources
• To devise financial resource (capital, liquidity and liquidity mismatch) allocation strategies that achieve strategic risk-return-growth objectives of the bank/group. This requires that the incumbent be proficient in their understanding of financial resource management and allocation, bank and non-bank balance sheet dynamics, transfer pricing value attribution and resource allocation mechanisms
• To manage all the risks arising from the aforementioned activities through robust portfolio management strategies. As such, the role requires in-depth technical and practical knowledge across the range of major risk disciplines including market risk, liquidity risk, credit risk, operational risk and business risk given that all treasury activities would have to be undertaken within prescribed risk limits
• Developing and maintenance of key stakeholder relationships including the regulatory relationships, debt investor relationships and business relationships
• Enablement of business strategy through providing thought leadership and execution in financial resource management and allocation pay-off decision in and strategies
• Managing team or teams in areas of responsibility in delivery against performance targets and achievement of wider human capital objectives
• Deploying integrated risk management, governance and compliance frameworks throughout area of responsibility
• Establishing mutually beneficial relationships with stakeholders that support thought leadership, innovative and integrated practice solutions
• Ensuring optimised customer experience and service throughout the value chain
• Protecting and creating value for the organisation and all stakeholders by identifying and proactively addressing risks and opportunities

Qualifications and Experience

• Minimum Qualification – A Post Graduate degree in Finance, Mathematics, Economics or Associated Quantitative Discipline
• Chartered Financial Analyst (CFA) or Actuary qualification is advantageous
• Experience – 8 to 10 years’ experience in a similar environment, of which 4 to 5 years ideally at senior management/executive level
• Additional Knowledge – Preference will be given to 10+ years of progressively responsible treasury experience for a major organisation.
• Comprehensive understanding of full spectrum of financial instruments including derivatives, hedging, investments, bank account management, and international funds flows
• Comprehensive understanding of Treasury disciplines including, inter alia, Capital adequacy management (ICAAP, CAR and stress testing); liquidity management (CRR, LAR, LCR, NSFR and liquidity risk appetite); financial resource management strategy; Authorised Dealer license discipline

Competencies Required

• Excellent numeracy and analytical skills
• An interest in the financial markets and how they operate
• Excellent attention to detail and accuracy, for dealing with company funds and managing substantial contracts and capital projects
• Judgement and decision-making
• Strategic thinking
• Drive for results and team development
• Building strategic relationships and networking
• Business insight and risk awareness
• Influencing and impactful including negotiation

Interested applicants are requested to go on

https://www.firstrandjobs.mobi/ and upload their curriculum Vitae’s (CV’s)

no later than 16th November 2022.