Assets & Liability Manager at Canarypointcs

Job Description

• We are seeking to hire an experienced Asset & Liability Manager focusing on ensuring that adequate liquidity and interest income is available to meet strategic objectives and financial obligations and cost of capital.

Role Objective

• The successful candidate will be responsible for leading the continued development of Asset & Liability Management.
• This will include focusing on ensuring that all business areas operate within the policies and procedures that you will put in place for effective Assets-Liability Committee (ALCO) management and reporting and that appropriate strategy is set for Assets Liability Management (ALM).
• Monitoring and managing the organization’s bank relationships and liquidity management.
• Managing foreign currency exposure and foreign currency payments.
• Forecasting of medium and long- term funding and hedging requirements (if applicable)
• Interest rate risk management and development of risk mitigation strategies
• Foreign exchange risk management and development of foreign exchange risk mitigation strategies.
• Managing balance sheet, cash flow, and ensuring provision of funds for the company.
• Implementing an assets and liabilities strategy (gapping) that optimizes the company’s return, in accordance with the ALCO’s guidelines/ recommendations.
• Developing and recommending financial policies, capital structure, hedging policies, as well as maintenance of bank relationships.
• Preparing ongoing assessment of asset & liability mismatches and managing the implementation of required short and medium term financing structures.
• Identifying and analyzing potential financial risks for the company, ensuring they do not adversely affect company funds (e.g. foreign exchange exposures).
• Managing daily cash balances, and surplus cash for other assets (e.g. money markets, fixed income).
• Making decisions on funding company operations and other financing requirement.
• Forecasting and Management of debt capital raising strategy, origination and execution of structured finance and hedging strategies, cash management strategies.
• Forecasting cash payments and anticipating potential challenges arising from limited cash flow.
• Setting strategy and overseeing management of Money Market to maximize treasury returns in compliance with the company’s market risk strategy.
• Ensuring compliance with the regulatory requirements (e.g. reserve requirements).
• Analyzing the impact of international markets on the performance of company products or services.
• Team management
• Preparing management and board reports
• Liaising with senior management across the organization
• Supporting the month end process where necessary

Candidate Requirements

• B.Sc / M.Sc in relevant Finance and / or quantitative subjects, e.g. Applied Mathematics, Physics or Engineering.
• Professional Accounting, and or Business Administration, or a similar field, professional financial qualification.
• Relevant experience in a treasury / credit function and exposure to man-management and leading teams.
• Financial reporting (IFRS) and Capital reporting experience and a working understanding of the dynamics between Finance and Risk Management.
• Experienced in treasury products with extensive capital market experience, credit and financial analysis.
• Strong understanding of hedging interest rates and foreign exchange exposures.
• Good knowledge of cash management products.
• Strong understanding of capital markets and balance sheet management techniques.
• 7-10yrs experience is required for this role.

Skills and Attributes
The more common skills and attributes that are most required may include, but not be limited to:

• Experience managing a Treasury Function
• Understanding and experience of treasury accounting including FX, liquidity,
• Cashflow and various financial instruments
• Sound understanding of accounting principles
• Strong understanding of financial markets, financial instruments and debt instruments
• Knowledge of banking relationships and covenants
• Ability to work autonomously and be part of the broader team
• Appropriate handling of sensitive information
• Excellent time management and organizational ability
• High level of attention to detail
• Strong client relationship management and customer service skills
• Team player with the ability to communicate and coordinate with multiple parties
• Intermediate to advanced computer software skills, including Excel and other accounting packages.