Head of Asset & Liability Management (Banking / ALM / Financial Markets / Trading) – Port Louis, Mauritius

Job Description:

Reporting to the Head of Financial Markets, the Head of Asset & Liability Management (ALM) will be responsible for Balance Sheet in collaboration with different units within the Company and as per regulatory guidelines, policies, procedures and other requirements.

Responsibilities:

• Manage and oversee the function and activities of ALM of the Bank, in an effective manner, by deploying appropriate resources
• Be responsible for liquidity management of short and long term cash flows while catering for disaster management scenarios
• Be responsible for effective fund management of the Bank to ensure liquidity position of the Bank is sound and optimally cost effective
• Manage Fund Transfer Pricing (FTP) including oversight of the FTP design, liquidity premium and cost
• Support the Asset and Liability Management Committee (“ALCO”) in optimizing balance sheet structure and liquidity for the Bank and ensure compliance with regulatory requirements
• Be responsible for the overall analysis and management of market, interest rate and liquidity risks arising from the Bank’s assets and liabilities
• Be responsible for the selection and implementation of investment strategies for the banking book investments in line with the assigned budget
• Be responsible for the prudent use of hedging to mitigate financial risks related to Interest Rates and Foreign Exchange risk on the bank’s borrowings as well as investment
• Be responsible for the optimal calculation of RWA in line with regulatory requirement
• Optimize Risk adjusted return on the use of excess funds
• Monitor closely the statutory requirements of the Bank (LCR/CRR/NSFR) and adhere to statutory guidelines issued
• Oversee Contingency Funding Plan and work closely with Risk Management Team on stress testing
• Prepare & Own budgets for the function pertaining to Borrowings and Placement
• Liaise with Regulators and any other relevant stakeholders
• Perform any other related duties as may be required

Requirements: Qualification

• BSc and/or postgraduate/Professional Qualification in Finance or any other related field
• At least 10 years of successful experience within international markets
• Ability to lead, coach and mentor teams
• Excellent analytical and technical skills
• Excellent organizational, communication, interpersonal and critical thinking skills
• Strong strategy and business planning skills
• Strong leadership and people development capabilities

If you wish to apply for the position, please send your CV to [email protected]  

Please visit www.caglobalint.com for more exciting opportunities.

Chalden Du toit

Managing – Banking & Finance

CA Finance

CA Global will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions

CA Global Headhunters is an international staffing company with a specific focus on recruitment in Africa. Our extensive, diverse candidate network built up over 10 years comprises the most skilled and experienced candidates. We recruit talent of the highest standards across African sectors, including Mining, Oil & Gas, Engineering, Banking, Finance, Legal, Insurance, Commodities, and Agriculture. As African markets continue to grow and develop, so too does our skill and expertise, ensuring that we deliver the best service to both clients and candidates.

Thanks to our access to global networks and resources, we understand our clients’ cultures, operations, business strategies, and industries. We are always on par with the latest technologies and trends which assist us in sourcing the best talent for clients. Whatever stage of the project lifecycle, we can put forward the right candidates with the right skills.