Head Asset and Liability Management

My client a leader in the Development Industry is seeking the skills of a Head Asset and Liability Management to join their dynamic team:         Requirements: A relevant Bachelors qualification in Banking, Finance or Accounting or any other related fields A relevant Post graduate qualification will be an added advantage A minimum of 7 years quantitative experience in Balance Sheet Management. Modelling experience on the inter linkages between risk/capital/funding and liquidity. ALM / Balance Sheet / Market Risk experience A knowledge of the key business functions (Investment, accounting, portfolio management, assets and liabilities management) General knowledge of assets and liabilities management and investment strategies, and its concepts

Details

Develop systems and procedures to monitor risk exposure to asset and liabilities Development of ALM strategy and balance sheet planning in conjunction with overall business plan Monitor, forecast and make corrective action recommendations on the following Cashflow and liquidity position Equity risk and return sensitivity Interest rate risk sensitivity Recommend, implement and maintain process improvements of liquidity management, assets and liabilities Define the work programme of the unit on the basis of the ALM mission statement and annual business plan, and coordinate the work within the unit and cooperation with other units Develop and recommend assumptions used in the asset/liability management model and maintain documentations supporting the basis for those assumptions Development and delivery of the reports to ALCO, ALCO Technical Committee and EXCO, and Board Risk and Sustainability Committee Assesses risk-return trade-offs of assets relative to liabilities and develop strategies to mitigate unrewarded market risks Provision of support and create a culture of continuous improvement to the ALM process Development  of an appropriate capital allocation model for the Corporation Develop policies and implement systems and related processes in respect of funds transfer pricing and risk-based capital allocation Continuously monitor internal controls through documentation of procedures and sources of information Work with the internal units to obtain required financial data for modelling and ensure data integrity Direct and lead all analytical efforts related to assets liabilities management activities leveraging a variety of tools and techniques including economic scenario planning, simulation modelling, and presentation to the senior management If you have not heard from us within 2 weeks of the closing date, please accept that your application has been unsuccessful Please send your CV to eugene@humancommunications.co.za