ALM Plan and Data analysis Manager at Rand Merchant Bank (RMB) in Lagos

Role summary

This position will be in charge of conceptualizing a best-in-class Asset/Liability (ALM) plan and quantitative data analysis to assist the management of the bank’s asset and liability profile. Additionally, the position will be in charge of coordinating the Treasury’s various financial funding portfolios, which includes the capital project sample.

Duties

• Dispatch and ownership of best-in-class data analysis frameworks and ability to assist the management of the bank’s ALM profile across all ALM mismatches
• Recognition, aggregation, and measurement of the bank’s on-going ALM mismatches which includes:
• Interest rate mismatches (in all its guises, which includes fixed-v-floating, basis, etc) in the banking schedule. 
• Liquidity mismatches
• Structural foreign currency mismatch
• Dispatch of proposed plans and strategic guidance, which includes financial funding plans, to oversee all the recognized ALM mismatches
• Dispatch of ALM modelling, analysis and findings for bank-wide use which includes Treasury, compliance through ALCCO and business. (This will comprise of liability conduct, pre-payment data analysis, etc.)
• Dispatch and ownership of the yearly Internal Capital Adequacy Evaluation Process ‘ICAAP’ (which includes the completions of all relevant letter of recommendation documents) and Recovery Organizing Process (RRP).
• Mentor and execute a repeatable, agile stress and predicting process in line with Group’s standard procedures, compliance obligations and industry standard. 
• On-going participation in compliance-related execution projects (e.g. Basel status updates guidelines) and effectiveness of effect evaluations on proposed modifications to rules.
• Increase participation with the wider bank to guarantee that there is strictness around actions that possess ALM effects
• Work alongside business on possible product development that enhance the bank’s ALM profile. 
• Dispatch of risk-clearing discipline between Treasury portfolios and at handover points outside Treasury
• Lead collaborations with ALM Risk mitigation strategy and accounting on all the above. This will comprise of making sure hedge performance is optimised in accordance with accounting guidelines
• Offer business ownersight over ALM operational structures and architecture
• Documentation on all the above to compliance forums which includes ALCCO, Exco and Board

Connections:

• Formulate and sustain connections the items listed key connections:
• Inside the bank: Finance, business lines, risk mitigation strategy, compliance bodies (which includes ALCCO, Exco and Board);
• With the oversight body;
• Inside the Group: FirstRand Group Treasury, Group finance and Segments

Credentials & Expertise

• Applicable postgraduate quantitative/financial certification
• Related experience in a treasury environment. Expertise and expert influence in cross-Treasury disciplines a distinct advantage
• Related experience in data analysis 
• Deep knowledge of hedging interest rates and foreign exchange exposures.
• An comprehension of financial markets, goods and the pricing
• An comprehension of risk, accounting, economic and financial statement fundamentals
• Expertise and enthusiasm to follow latest practices, news, economic environments (worldwide and local) and capability to convert the effect of adjustment on bank ALM profile and risk appetite, and banking processes
• Strong capability in Improved Excel, VBA, PowerPoint and Word, and have clear articulation competencies (especially documented) and good organisational abilities.
• Basic comprehension of ratings and ratings structured approaches

Competencies & Traits:

• Highlight good logical and analytical competencies in duty
• Highlight good documented and spoken communication verbal abilities
• Team player
• Self-starter/ capable to operate independently
• Possess great people skills
• Computer competence
• Data manipulation, SQL
• Task juggling skill