Director, Asset & Liability

Job Purpose
To lead and manage the Treasury Asset & Liability Management (ALM) function, ensuring effective management of the Bank’s liquidity, interest rate risk, structural balance sheet position and funding requirements in line with the Bank’s strategy, approved risk appetite, regulatory requirements and internal policies.
To support the Head of Treasury in optimizing the Bank’s balance sheet, funding costs and liquidity position while maintaining appropriate risk levels and maximizing sustainable profitability.

 

Key Result Areas

ALM & Balance Sheet ManagementManage the Bank’s structural balance sheet position and ensure alignment with the approved business and Treasury strategy.
Monitor and manage asset and liability mismatches across currencies and maturities.
Identify opportunities to optimize the balance sheet and improve the Bank’s net interest income and profitability.
Liquidity Management
Monitor the Bank’s daily and forward liquidity position across all currencies.
Ensure sufficient liquidity is maintained under normal and stressed market conditions.
Manage liquidity gaps, funding requirements and excess liquidity in coordination with Treasury and relevant business units.
Monitor and manage liquidity ratios and internal liquidity limits.
Interest Rate Risk Management
Monitor and manage interest rate risk arising from the banking book.
Analyze repricing gaps, duration, sensitivity and potential impact of interest rate movements on earnings and economic value.
Recommend appropriate hedging or balance sheet actions where required.
Funding & Investment Strategy
Develop and execute appropriate funding strategies in coordination with the Head of Treasury.
Optimize the mix, tenor and cost of funding.
Manage surplus liquidity through appropriate investment opportunities while maintaining the required liquidity buffers.
ALCO Support & Reporting
Prepare ALM analysis
Provide meaningful analysis and recommendations on balance sheet trends and risks.
Support the preparation of ALCO materials, minutes and action points.
Risk, Limits & Regulatory Compliance
Ensure all ALM activities remain within approved limits, policies and risk appetite.
Monitor regulatory liquidity and interest rate risk requirements and ensure timely escalation of potential breaches.
Maintain strong controls and governance over ALM activities.
Stress Testing & Scenario Analysis
Conduct liquidity and interest rate stress testing and scenario analysis.
Assess the impact of market movements, deposit behavior, funding disruptions and changes in the balance sheet.
Develop appropriate contingency actions in coordination with relevant stakeholders.
Stakeholder Management
Work closely with Treasury Front Office, Finance, Risk, Corporate/ Retail Banking and Operations.
Provide Treasury and senior management with timely advice on liquidity, funding and balance sheet decisions.
Ensure effective communication of ALM requirements and risks across relevant functions.

Knowledge, Skills & Experience

• University degree in Finance, Economics, Accounting, Business Administration, Mathematics or a related discipline.
• Strong experience in Treasury, ALM, Liquidity Risk, Balance Sheet Management or Financial Markets, within a banking environment.
• Strong understanding of:
  Asset & Liability Management.
  Liquidity and funding management.
  Interest rate risk and repricing risk.
  Banking products and balance sheet dynamics.
  Treasury products and financial markets.
  ALCO framework and governance.
  Regulatory liquidity and risk requirements.
• Strong analytical and quantitative skills, with the ability to interpret complex balance sheet and market data.
• Excellent understanding of financial and economic market developments and their impact on the Bank’s balance sheet.
• Strong financial modelling, forecasting and scenario analysis capabilities.
• Ability to make sound decisions under changing market conditions.
• Strong communication, presentation and stakeholder-management skills.
• Strong leadership and people-management capabilities.
• High level of integrity, discipline, risk awareness and attention to detail
• Ability to work under pressure and meet tight deadlines in a dynamic Treasury environment
• Proficiency in Excel and Treasury/ALM systems; knowledge of relevant banking systems and reporting tools is an advantage.
• Professional qualifications such as CFA or equivalent would be an added advantage.