Analyst Treasury Fin at Absa South Africa

Job Summary

Performs detailed calculations and analysis in support of management information in relation to key Treasury specialist functions. The immediate priority for the role holder is to assist with the delivery of management information reporting for Treasury and Risk. The role requires a broad understanding of the role of Treasury and Risk within a Bank as well as good communication skills and market knowledge.

Job Description

Accountability: Treasury Execution

• Execute a wide array of products: Interest Rate swaps, Bonds, Repos, FRN’s and FX. This must be done with mandated limits
• Monitor and review market risk positions daily and manage ALCO's
• Stay abreast of economic data and developments in the global environment and understand its impact on domestic interest rate and foreign exchange environments
• Ensure correct booking of treasury trades in Front Arena

Accountability: Model development and maintenance

• Αssist with data analysis as required. Become proficient in the data analysis tools.
• Produce regular management information
• Develop models for specialist area risks in line with guidance received from more senior employees
• Run and maintain quantitative models 2
• Run processes for updating modelling assumptions

Accountability: Reporting

• Compile analysis, reports and data for various official committees the execution team provides reporting to. Enhance and improve the tools used to obtain data and ensure accuracy and timeliness of report submissions
• Compile and maintain Africa Risk Dashboards monthly

Accountability: Regulatory

• Adhere to all Absa Compliance requirements, regulatory frameworks and policies
• Ensure all trading and execution activity is approved and within mandate
• Accountability: Influence and Stakeholder Management
• Build and maintain relationships with infrastructure and other critical teams across CIB, Risk and Treasury
• Build and maintain effective relationships with colleagues and management during assignments to ensure the team is seen to be adding value
• Establish networks with key roles players
• Develop an understanding of Treasury and Risk policies used. Contribute ideas about how these policies could be enhanced.
• Research, analyse and report on changes within the industry that impact Treasury (Review economic forecasts, key economic drivers and financial market dynamics in order to start gaining an understanding of the implications of these aspects on Treasury and Risk.)

Role /Education

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