Head of Asset & Liability Management (ALM) at SBM Bank

Job Purpose:

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

Key Responsibilities:

• Manage and oversee the function and activities of ALM & Capital Management 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 and Capital Ratios 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, Placements and Investments
• Liaise with Regulators and any other relevant stakeholders
• Perform any other related duties as may be required

Qualifications, Experience & Skills:

• Minimum of 10 years’ experience in Banking and Financial Services Industry with at least 8 years in Treasury Department or any relevant department of a bank or financial institution and operating at a senior position
• A first degree in Finance or any other relevant field and/or any relevant professional qualifications
• A master’s degree would be a definite advantage
• Have strong leadership skills
• Have an understanding of international liquidity reporting regulations and good knowledge of local banking regulations.
• Knowledge of technical and fundamental analysis around ALM and Capital Management
• Excellent analytical acumen and fair for strategy
• Strong interpersonal skills and communication
• Experience in Financial Modelling and Forecasting