Group Treasury Senior Specialist (RoA Funding and Liquidity) at Old Mutual

Job Description

• The Group Treasury team is a key part of the Group Balance Sheet Management function.  The team focuses on treasury management initiatives and investigations.  This is a dynamic team, with a strong focus on technical fluency and disciplined stakeholder engagement. Members of the team can be expected to gain broad exposure to areas such as treasury management, funding management, liquidity management, quantitative finance, complex legal, tax and regulatory issues, and corporate financial strategy.

The role reports to the Head of Group Funding and Liquidity (Group Treasury).
Liquidity risk management

• Drive the implementation of the liquidity risk management framework across Rest of Africa (“RoA”) group entities..
• Develop, review and refine risk models, tools and processes used to price, monitor, manage and report liquidity risk, and coordinate liquidity reporting to Group ALCO.
• Review contingent funding plans for RoA entities for consolidation at Group level.
• Facilitate liquidity support mechanisms from Group for deployment in-country.
• Provide input to Group Liquidity Risk policy and facilitate business attestation process.

Funding management

• Assist in the development and aggregation of funding plans for approval by the Group ALCO.
• Consolidate regular covenant and funding reports.
• Provide Group input and coordination on funding related transactions, including loan pricing, guarantee pricing, and covenants.
• Facilitate regulatory and internal approvals required by Group for funding related transactions.
• Facilitate inter-company funding transactions, including pricing and approvals.

Strategic treasury projects and investigations

• Involved in the development and maintenance of relevant tools to perform quantitative analysis and interpretation of risk exposures and strategy performance.
• Able to run and manage projects with durations varying between 3 to 6 months with a focus on remaining accountable until delivery of results
• Assist group treasury in identifying strategic and commercial opportunities across the Group.
• Qualifications, Skills and Required Experience
• Essential: Relevant post-graduate degree (e.g. Finance, Financial Engineering, Quantitative Analytics, Actuarial).
• Additional professional qualification (e.g. SAICA, FASSA, CFA) an advantage.
• 7+ years’ balance sheet management and/or treasury experience within an insurance or banking entity with a specific focus on liquidity risk management, funding management and other Group Treasury activities.
• Ability to work with light-touch supervision on projects or tasks, as agreed with the senior treasury manager.
• Strong communication skills including an ability to explain complex concepts and key issues effectively with the broader team.
• Capacity to take accountability for complex and potentially ambiguous pieces of work.
• Dynamically respond to work requirements and changing situations.
• Pragmatic, and solution-focused; able to make trade-offs balancing between deliveries, and risks/costs.
• Must possess a wide range of skills and knowledge, including an actuarial background, quantitative finance, corporate finance, deal planning, regulations and commercial acumen.
• Track-record of being able to work efficiently with seniors and subordinates, teams in and out of the organization, and consultants to ensure delivery.
• Communicate with various role-players in order to obtain the appropriate level of input, buy-in, and approvals for delivery.
• Advanced Excel skills essential.