2 Job Opportunities at NBC

Job Summary

To support the Head of Treasury in and be accountable for Funding and Liquidity Management, Short Term Investments, ensuring liquidity and funding risks are managed in line with the allocated mandates and the respective internal and regulatory requirements, policies and procedures. Be a key player in the overall Treasury Asset and Liability Management(ALM) process, Funds Transfer Process(FTP), ALCO process, FX Risk in the Banking Book and IRRBB.

Job Description​

LIQUIDITY MANAGEMENT 50%

In respect of the banks liquidity management, undertake the following actions:

Optimal management of the bank’s Liquidity and Funding in line with bank’s risk appetite and within regulatory framework.

Play a principal role in the annual integrated planning process to ensure the bank’s funding plan and funding sources are aligned to and able to support the bank’s ambition.

Funding Curve/Book Ownership and Structure

• Develop local currency funding curves based on market factors and internal balance sheet structure
• Drive strategy on local versus hard currency funding in each country and act as review and challenge for business
• Set-up Funding & Short Term Investments (FSTI) books and ensure full ownership of trades, bookings, P&L and Risk on the Banking book and Investment portfolio.
• Ensure any global changes in pricing of curves, hierarchy set-ups, or trade execution bookings are implemented in a timely manner
• Develop and implement liquidity term premiums in local currency and ensure that these premiums are embedded in the FTP process in order to incentivize the correct behavior based on the balance sheet structure
• Interact with business (Corporate and Retail) to ensure funding curve is appropriate for business strategy and provide training to business on funding curve construction

FSTI Risk Management

• Liaise with Country liquidity risk and ALM  managers to ensure that all relevant businesses are transfer priced according to the Transfer Pricing policy in a consistent, transparent and fair manner
• Ensure all the resultant risks, quantified above, are well understood and ensure the Funding Curve is set taking the above business risks into account
• Develop strategies to reduce the balance sheets risks created in the normal course of banking business. Together with ALM, achieve these strategies by incentivizing business and by advising on products to be rolled out in the Retail, Commercial and Wholesale markets
• Represent FSTI on country / regional ALCOs as necessary do provide feedback on net risk positions and resultant Funding curve incentives
• Provide country insight into stress testing and work with country liquidity managers to  highlight jurisdiction / country specific issues
• Work with business on trades, to ensure compliance with liquidity regulations, whilst ensuring the best  commercial outcome. Work with Finance to implement hedge accounting solutions in each country to better enable economic hedging of liquidity, whilst minimizing MtM accounting volatility
• Take Full ownership of FSTI risk positions, P&L generated, and actively manage both

FSTI Reporting

• Weekly liquidity conditions update (Daily in times of stress), including risk metrics
• Monthly balance sheet updates on key liquidity and market risk metrics
• Local Currency Funding curves presented monthly at ALCO’s
• P&L explanations of FSTI book and ownership of the flash process
• Desk level risk reports IR01
• Explain price testing and bid-offer results
• Other reports and Dashboards compilation and submission.

Financing for the Firm

• Create wholesale funding franchise in Local Currency
• Establish customer base and work with coverage to originate funding
• Publish Fixed and Floating deposit screens to attract deposits and work with clients to ensure smooth process of daily funding execution
• Work with regulators and other interbank participants to develop the Money Market
• When required, work with DCM and Long-Term Funding to issue senior debt and raise long-term bilateral funding.

INTERNAL AND REGULATORY COMPLIANCE 30%

Key actions to include:

• Manage funding and liquidity in compliance with internal and regulatory requirements.
• Ensure a dynamic desk that promptly adopts to changing regulatory environment.
• Ensure all applicable internal and regulatory reports are timely completed and submitted
• Observe cut-off times and other central bank restrictions.

INVESTMENT 15%

Key actions to include:

• Participating in the Treasury Investment Committee
• Support the ALCO process as part of the secretariat.

• Managing Surplus Liquidity and Liquidity Buffers to optimize risk / return
• Investment of Liquid Assets to meet regulatory requirements and serve as a hedge for structural balance sheet positions
• Observe portfolio benchmarking rules when tabling investment proposals
• Formulating and implementing efficient asset/tenor allocation strategies by staying close to the market and enhancing value for the firm
• Enhancing portfolio yield relative to benchmark hedges provided by business within Market Risk guidelines
• Compiling and distributing detailed MI on portfolio composition and performance and drivers of performance

PERSONAL DEVELOPMENT 5%

Key actions to include:

• Actively managing one’s own and the team’s technical and soft skills development
• Researching, identifying and proposing training solutions to senior management for one’s own and for the team’s development

In everything one does, always demonstrate the NBC Values.

Perform all other duties as reasonably assigned by Line Manager.

FORMAL LEARNING REQUIRED

Education Level:

Graduate

Qualifications Required (Essential)

Bachelor’s Degree

Qualifications Required (Preferred)

ACI Dealing Certificate

EXPERIENCE REQUIRED

Essential

2-3 years experience in a core Treasury role.

Preferred

• Market Making experience
• Money Market and Funding experience
• Management experience
• Trading experience
• In-depth trading knowledge / experience of local market Rates and FX products
• ALM experience
• Understanding of FTP

KNOWLEDGE AND SKILLS REQUIRED

Essential

• Understanding of the policies, procedures, controls and ethical requirements of a Treasury environment
• Cashflow Management skills;
• Intermediate to Advanced Excel competency
• Understanding of Money Market, Capital Market and Foreign Exchange Instruments and Pricing.
• Understanding of political, geo-political, social and economic activities and its impact on inflation rate, exchange rates and interest rates
• Performance Imperatives:

• delivering results;
• being aware of market trends;
• business acumen
• achieving high standards & best practise;

Qualifications

Analytical Thinking – Advanced (Meets all of the requirements), Bachelor`s Degrees and Advanced Diplomas – Business, Commerce and Management Studies, Decisiveness (Meets all of the requirements), Digital familiarity (Meets all of the requirements), Entrepreneurial thinking (Meets all of the requirements), Experience in a similar environment at junior specialist level, Investment Management (Meets all of the requirements), Openness to change (Meets some of the requirements and would need further development)

How to Apply:

Please follow the link provided below.

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