Manager: Front Office Funding / Liquidity at Secondments

Job Advert Summary    

• To support and execute the funding activities of the bank, optimise returns on surplus cash and manage overdrafts and overnight loans for the short and long term. Execute risk management activities and manage asset and liability management reporting. To raise funds for the bank (Including grants and refinancing of the debt)

Minimum Requirements    
Preferred Minimum Education and Experience

• B Com degree or equivalent 
• 5 years sound knowledge of the money and capital markets
• 5 years sound knowledge of the company Business
• 5 years activities – negotiations, report writing, financial modelling, funding model development; accounting and knowledge of SAP 

Critical Competencies    

• Microsoft Office
• SAP 
• Treasury/ Financial reporting system
• Knowledge of Money and Capital Markets
• Additional Requirements    
• Travel as and when required
• Extended hours as and when required

Duties and Responsibilities    
Customer & Stakeholder Relationships

• Creates, implements and monitors the Funding and liquidity processes for consistent application and management of deals
• Stakeholder Management: National Treasury (NT)
• Stakeholder Management: Domestic & Multi-lateral funders
• Stakeholder management

Funding and Liquidity Management

Cost of Funding (COF)

• Sets standards and parameters for operations to manage the COF process
• Continuously monitor movement in money and capital market rates in the domestic and global markets during trading hours;
• Sign-off cost of funding calculations compiled by specialist: funding / liquidity.

Liquidity Management

• Sets standards and parameters for operations to manage Liquidity Funding (develop an appropriate Liquidity Policy for the Bank)
• Communicate with business in advance to determine business requirements;
• Based on the maturing debt and loan book movement, manage liquidity to meet financial commitments on time;
• Manage and monitor liquidty as per the newly developed Liquidity Management Policy
• Invest surplus cash taking into consideration preservation of capital, maintenance of sufficient liquidity and maximise return.

Funding

• Compile the annual borrowing programme to dovetail the corporate plan;
• Source \cost effective borrowings within borrowings limit approved by Board;
• Subject to investor appetite and market development adjust the type of funding instrument, maturity buckets and develop new funding instruments where applicable;
• Compile and manage funding pipeline for the Bank

Reporting and Management of Relationships

• General Treasury skills transfer
• Transfer specialised skills in financial markets to all Treasury staff;
• Contribute meaningful when Treasury related legal documents and certificates are drawn up by Legal advisors and Attorneys;
• Ability to promote the bank during interaction with financial market participants;
• Contribute to the reporting of Treasury related information in the monthly Finance Division Reports.
• Board / committee contribution
• Compile annual borrowing programme to the Board and Minister of Finance;
• Compile monthly ALCO reports;
• Attend and present at monthly ALCO meetings;
• Attend and present at Liquidity committee meetings;

People Management

• Performance Management
• Capacity Planning
• Financial Management