Innovating the future of tech solutions in Zambia.
Job Description
ASSET AND LIABILITY MANAGEMENT (ALM) OFFICER (Grade: ZNBS 6)
Job Purpose
To provide effective and timely resolution of Balance Sheet risks and to provide forecast information to the Asset and Liability Management Committee (ALCO) to aid decision-making.
Duties and Responsibilitie
s
Cashflow planning and forecasting.
Capital planning and allocation.
Preparation of the Funds Transfer Pricing report.
Develop scenarios and assumptions for stress testing liquidity, interest rate and capital risks.
Conduct risk-adjusted performance measurement.
Monitoring, reviewing, and providing assessment of ALM strategies.
Preparation of monthly and quarterly ALCO reports.
Balance Sheet optimization strategies
Monitor and manage the Society’s maturing investments in Government securities and re-investing at the most profitable rates as well as reinvesting for customers as required.
Advise businesses on short-term strategies to manage money market exposure.
Ensure deposit and funding rates are competitive to develop and increase relations with customers.
Qualifications and Experience
Grade Twelve (12) certificate.
Full ACCA, CIMA, Bachelor’s Degree in Accountancy or equivalent.
At least 2 years of relevant banking experience.
ACI Dealing Certificate will be an added advantage.
Required Competencies
Financial Analysis
Business Acumen
Data Analysis
Report Writing
Problem-solving skills.
Strong communication skills.
Strong Analytical skills.
Demonstrated numerical and presentation skills.
High integrity and confidentiality
Good interpersonal skills
Appropriately qualified and interested candidates meeting the above credentials must submit application letters enclosing a detailed curriculum vitae (CV), traceable referees, and copies of academic/professional qualifications to the undersigned by
Wednesday 13th March 2024
17:00 hours.
Director Human Resources
Zambia National Building Society
Century House, 3rd Floor, Cairo Road
P O Box 30420
LUSAKA
Please note that only shortlisted candidates will be contacted.
Job Purpose
To provide effective and timely resolution of Balance Sheet risks and to provide forecast information to the Asset and Liability Management Committee (ALCO) to aid decision-making.
Duties and Responsibilitie s
Cashflow planning and forecasting.
Capital planning and allocation.
Preparation of the Funds Transfer Pricing report.
Develop scenarios and assumptions for stress testing liquidity, interest rate and capital risks.
Conduct risk-adjusted performance measurement.
Monitoring, reviewing, and providing assessment of ALM strategies.
Preparation of monthly and quarterly ALCO reports.
Balance Sheet optimization strategies
Monitor and manage the Society’s maturing investments in Government securities and re-investing at the most profitable rates as well as reinvesting for customers as required.
Advise businesses on short-term strategies to manage money market exposure.
Ensure deposit and funding rates are competitive to develop and increase relations with customers.
Qualifications and Experience
Grade Twelve (12) certificate.
Full ACCA, CIMA, Bachelor’s Degree in Accountancy or equivalent.
At least 2 years of relevant banking experience.
ACI Dealing Certificate will be an added advantage.
Required Competencies
Financial Analysis
Business Acumen
Data Analysis
Report Writing
Problem-solving skills.
Strong communication skills.
Strong Analytical skills.
Demonstrated numerical and presentation skills.
High integrity and confidentiality
Good interpersonal skills
Appropriately qualified and interested candidates meeting the above credentials must submit application letters enclosing a detailed curriculum vitae (CV), traceable referees, and copies of academic/professional qualifications to the undersigned by Wednesday 13th March 2024 17:00 hours.
Director Human Resources
Zambia National Building Society
Century House, 3rd Floor, Cairo Road
P O Box 30420
LUSAKA
Please note that only shortlisted candidates will be contacted.