Head, Funds Transfer Pricing at Standard Bank Group

Job Description

To establish, lead and drive the strategy and direction of Funds Transfer Pricing (FTP) across the entire SBG, all its legal entities and various Business Units. To deliver value for the Group and facilitate franchise growth by ensuring that FTP methodologies enable the effective allocation of costs, risks and benefits of funding and interest rate risk to Business Units based on assets' and liabilities' liquidity characteristics, while also reflecting the regulatory and internal constraints.

Qualifications

Minimum Qualifications

• Type of Qualification: Post Graduate Degree
• Field of Study: Finance and Accounting, Mathematical Science

Experience Required

• Treasury Capital Management
• More than 10 years
• Seasoned incumbent with deep specialist FTP experience gained from a large complex bank, dealing with exposure in both wholesale and retail sectors, is non-negotiable. Able to interact at a senior level with key industry, regulator & Group staff on technical aspects relating to FTP. Understand the technical accounting implications of the various approaches in responding to changes in the balance sheet and interest rates / market conditions.
• A post graduate degree in Finance and Accounting, Mathematical Sciences or Econometrics is a minimum requirement for this role.
• A Masters degree in Mathematical Sciences or Econometrics would be beneficial and provide the required level of credibility for this role to shape the strategy of the Bank by ensuring alignment between delivering value and risk appetite.
• Certified Financial Risk Manager (FRM), Chartered Financial Analyst (CFA) and/or Professional Risk Manager (PRM) would be beneficial.
• Chartered Accountant qualification and South African Institute of Chartered Accountants (SAICA) certification / Chartered Institute of Management Accountants (CIMA) certification.

Additional Information

Behavioural Competencies:

• Articulating Information
• Challenging Ideas
• Checking Details
• Developing Expertise
• Developing Strategies