Group Treasury Senior Specialist - RoA Funding & Liquidity at Old Mutual South Africa

Job Description

• The Capital and Liquidity Management team is a key part of the Treasury and Financial Markets (TFM) 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 funding management, liquidity management, capital management, market risk, investment strategy quantitative finance, complex legal, tax and regulatory issues, and corporate financial strategy.

The role reports to the TFM Senior Liquidity Manager.

Liquidity risk management 

• Drive the implementation of the liquidity risk management framework across the Old Mutual Africa Regions (“OMAR”) 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 OMAT entities for consolidation at Group level.
• Facilitate liquidity support mechanisms from Group for deployment in-country. Provide input on the 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 other financial risks

• 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 12 months with a focus on remaining accountable until delivery of results
• Assist TFM in identifying strategic and commercial opportunities across the Group
• Experience in capital remittance exercises in jurisdictions that are subject to transferability and fungibility challenges
• Strong knowledge and experience across other financial risks such as market risk, capital management and investment strategy in an OMAR contex.
• Essential: Relevant post-graduate degree (e.g. Finance and  Actuarial).
• Additional professional qualification (e.g. CA(SA), FASSA, CFA) an advantage.
• 10+ 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 financial risks such as market risk, capital management and investment strategy in an OMAR context.
• Ability to work with light-touch supervision on projects or tasks, as agreed with the TFM Senior Liquidity 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 organisation, 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 are essential.

Skills

• Balance Sheet Management, Communication, Liquidity Management, Report Writing

Competencies

• Builds Networks
• Business Insight
• Drives Results
• Ensures Accountability
• Financial Acumen
• Manages Complexity
• Optimizes Work Processes
• Organizational Savvy

Education

• Bachelor Commerce: Finance (Required)

Closing Date

• 26 November 2025