ALM Manager at Stanbic IBTC

Job Description

To ensure that ALM responsibilities are managed and executed effectively incorporating a forward-looking view to liquidity risk management and balance sheet optimization. This includes reporting, measurement, management, and maintenance of the ALM business process.

Supports the generation of policies that are fit for purpose for the optimal management of the Bank’s assets and liquidity. Responsible for building capability in-country and enhancing the IRRBB capabilities across the group to meet the requirements of internal stakeholders, regulators, and industry best practices.

Responsible for the accurate calculation and timeous submission of relevant Interest Rate Risk in the Banking Book (IRRBB) metrics to internal stakeholders, regulators and as part of the public disclosure requirements to enable monitoring of the risk position against the risk appetite triggers and limits as well as to aid decisions to be made around the bank’s IRRBB position

Qualifications

• First degree in Finance / Accounting
• ICAN, ACI, ACA, CA or its equivalent
• A Post-graduate / master's degree or certification in finance/ economics/ maths/ statistics/ financial risk management would be an added advantage.

Experience

• Minimum of seven years experience in Finance / Treasury
• Minimum of five years of banking experience in Asset and Liability Management, finance reporting, quantitative financial modeling, or risk management;
• Knowledge of market risk, liquidity risk, Funds Transfer Pricing, and IRRBB would be a distinct advantage.
• Experience in Financial Management Information (FMI) and / or ALM System - Quantitative Risk Management (QRM) systems would be a distinct advantage.
• A good understanding of macro-economics and current economic trends, and monetary policies
• A good appreciation and knowledge of Risk Management, covering Operational Risk, Market Risk, Reputational Risk and Credit Risk;
• A good understanding of the Alco process
• Working knowledge of accounting and capital management.

Behavioural Competencies

• Checking Details
• Meeting Timescales
• Leading People
• Following Procedures
• Developing Expertise

Technical Competencies

• Planning, Forecasting and Budgeting
• Liquidity Management
• ALM and Balance Sheet Management
• Risk Analysis
• Financial Accounting and Management Accounting
• Financial Analysis and Management