Senior Treasury Dealer (3003) at The South African National Roads Agency (SANRAL)

MINIMUM REQUIREMENTS

• A Bachelor’s degree (NQF7) in Economics, Investment Management, Finance or Accounting and financial markets qualification.
• At least five (5) years’ relevant experience in a treasury environment.
• At least three (3) years supervisory experience in the treasury environment.

Any of the following certificates:

• RPE
• FMP
• CTFP
• ACI dealing certificate

ADVANTAGEOUS

• Post graduate degree (NQF8) in Economics, Investment Management, Finance or Accounting and financial markets qualification.

TECHNICAL COMPETENCIES

• Displays a detailed understanding of economic indicators, financial markets, and the implications for short-term and long-term financial instruments.
• Proficiency with the Microsoft office suite of applications and an ability to use treasury financial systems.
• Supervise other members of a finance team with good interpersonal skills, people skills, organisation, and communication skills.

KEY RESPONSIBILITIES

Funding Management

• Analyse SANRAL capital raising plans and translate into funding needs.
• Build and manage relationships with investors and financial institutions.
• Oversee activities of Treasury Dealers in procuring and securing funds based on funding needs.
• Manage long-term funding at competitive interest rates, including refinancing of maturing debt.
• Explore new avenues, instruments, and relationships for long-term funding.

Liquidity Management

• Analyse SANRAL liquidity management and capital raising plans and translate into liquidity and cash management strategies to manage day-to-day activities.
• Determine liquidity levels to enable SANRAL’s continuous operation.
• Control of an optimisation of investment and cash resources.
• Establish and maintain access to reliable short-term borrowing facilities.

Market making

• Provide liquidity in SANRAL bonds and lower the funding cost.
• Oversee the quoting of two-way prices indicating both the bid price and ask price of financial instruments.
• Develop effective hedging strategies to minimise interest rate and currency risk exposure.
• Monitor the market making of non-guaranteed debt by external parties.

Portfolio and Risk Management

• Manage the portfolio of SANRAL’s instruments in support of its funding and liquidity requirements across short-term investments, long-term debt, and market-making portfolios.
• Work with the Treasury Operations Manager to refine and update the portfolios based on changes to SANRAL’s liquidity management and capital raising plans.
• Manage portfolios to minimize interest rate risk while maintaining liquidity and cash optimisation.
• Provide advice on interest rate and funding strategies.
• Stay up to date with developments in the economy and financial markets and advise on the implications for portfolio management.
• Provide timeous and relevant information regarding markets and funding conditions.