Asset and Liability Management Officer at VFD Group

Job Summary

• ALM Function, Cashflow Management and Intercompany Funding.

Strategic Tasks

• Manage the Asset and Liability of the Group and Subsidiaries in an efficient and forward-looking manner
• Manage the Liquidity position of the Group and Subsidiary through efficient cash flow planning
• Propose balance sheet restructuring strategies to ALCO( Asset and Liability Management Committee) for efficient risk management for the Group and its subsidiaries.

Operational Responsibilities:

• Allocate funding to subsidiaries from the center
• Prepare Daily reports of Asset and Liabilities of the Group and subsidiaries.
• Prepare weekly and monthly cash flow projections with inputs from all subs for adequate liquidity planning and cash allocation.

Financial Target (Core):

• As agreed from time to time.

Competence Requirements
Specification/ Qualification:

• Qualification: First degree or its equivalent in a numerate discipline (Accounting, Economics, Finance, etc)
• Minimum Experience: 2 years active ALM experience (preferably in a bank or similar institution like ours).
• Professional Membership: Relevant professional qualification.

Generic Skills:

• Team Work
• Integrity
• Proactive
• Detail Orientation
• Interpersonal skills
• Time and organization management.

Core Skills:

• In-depth understanding of the organization’s business.
• Good communication skills.
• Attention to details and analytical
• Good Management abilities.
• Knowledge of finance, accounting, budgeting, financial statements, and cost control principles
• Ability to analyze financial data and prepare financial reports, statements, and projections
• Excellent communication & presentation skills
• Negotiation
• Working knowledge of Microsoft Office Suite and other relevant accounting tools.