Job Details

Description

JOB PURPOSE

To assist with implementing the Asset and Liability strategies from ALCO. The position ensures optimizing and ensuring the safety and soundness of the bank’s balance sheet. The key objective is to protect the bank from financial losses while preserving and increasing long term capital value.

Under the supervision of the Asset & Liability Management Head the following are among the Job Key Responsibilities:

• Manage the bank’s capital according to Basel Rules and Bank of Zambia Guidelines
• Report to ALCO and ROC the capital position and Key Risk Indicators related to Capital
• Prepare capital risk management stress testing scenarios.
• Manage the bank’s liquidity according to Basel Rules and Bank of Zambia Guidelines
• Report to ALCO and ROC the liquidity position and Key Risk Indicators related to Liquidity
• To monitor on a day-to-day basis, the liquidity and cashflow position of the bank
• Prepare liquidity risk management stress testing scenarios.
• Coordinate and consolidate the Internal Capital Adequacy Assessment Process for the bank.
• To provide secretarial services to the ALCO and ensure implementation of ALCO actions by following up on the Action Log
• Organize standard and ad-hoc meetings to meet the requirements of the bank
• Support the risk management processes of the bank
• Ensuring FTP guides business (Retail, Corporate, Business Banking and Treasury) behavior and immunizes businesses from market risk as far as possible
• Manage Interest Rate Risk in the banking book for the bank
• Review pricing for loan products and ensure alignment with policy
• Lead pricing conversations to ensure the pricing models are kept up to date
• Coordinate the contraction of external funding to support the required funding for the bank
• Coordinate the implementation of Basel accords in the Bank
• Timely submission of Regulatory Returns and any ad-hoc requests from the central bank

INTERNAL/EXTERNAL CONTACT

• External: Regulators

• Internal: All internal Business Units

Requirements

QUALIFICATIONS AND EXPERIENCE

• Grade 12 Certificate with Credit or above mandatory in Mathematics and English and any other three subjects
• Bachelor’s Degree in Business/ Economics/ Finance/ Banking or any other related field
• Certifications such as ACI, Basel Accords and Balance Sheet Management will be an added advantage
• Zambia Qualifications Authority (Zaqa) Verification Certificate for Tertiary Qualifications
• Minimum of five (5) years working experience in either Finance, Risk, Treasury or Credit with at least two (2) years’ experience/ exposure to Treasury/ALM/ Market Risk in a commercial bank
• Good knowledge of and understanding of the Banking industry

JOB CORE COMPETENCIES

• Analytical skills
• Problem solving
• Attention to detail
• Ability to cope under pressure
• Planning and organization skills
• Negotiation skills
• Ability to understand broad business issues
• Drive for results
• Excellent communication and presentation skills