Analyst Liquidity Risk - Sandton at Absa Group Limited (Absa)

Job Summary

• Oversight and management of the Funding and Liquidity Management (FLM) function across ARO, ensuring effective compliance with regulatory and Board requirements, funding strategy optimisation and funding cost management

Job Description

Key Accountabilities:

• Review and challenge the funding and liquidity risk positions and funding plans of ARO banking entities, providing a proactive view of potential funding risks and funding support required across ARO
• Provide subject-matter- expertise to in-country Treasuries and Businesses on setting funding strategies and funding targets that should be considered and implemented to enhance Primacy and optimize funding costs
• Optimise funding strategies and plans to support market share growth; returns and cost reductions, engaging with in-country and Group TES functions on wholesale funding market capacity and opportunities
• Lead FLM engagements with in-country Treasuries advising on strategic planning requirements; determining the foreign currency funding support required by ARO entities and preparing updates to the Treasury Committee and the Board as part of the integrated planning process
• Review, challenge and explain movements in funding and liquidity risk positions across ARO on a monthly basis and in support of BA610 reporting
• Oversee the BA610 Liquidity risk reporting across the ARO entities; support related SARB discussions; and ensure alignment with Group FLM requirements
• Develop and lead implementation of opportunities to optimize the funding structure of entities and sovereign investment strategies to enhance ARO’s contribution to Group RoRC
• Lead the engagement with Group FLM and Treasury FSTI to advise foreign currency requirements from ABSA Bank SA and sovereign investment strategies
• Lead the engagement with ARO Global Markets, ensuring funding limits and exposures are effectively implemented and monitored, in support of Business growth and compliance with Board-level liquidity requirements in ARO
• Co-ordinate the execution of all FLM related requirements such as contingency planning; SARB requirements; local regulatory and ALCO requirements across ARO
• Review, challenge and support Entity Treasuries with ILAAP submissions to regulators and support drafting and governance of Group ILAAP requirements related to ARO

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)