Head of Capital & Balance Sheet Management

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

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Job Summary

To be responsible for the in-country Treasury Governance functions of Asset and Liability Management, Liquidity and Funding, and Capital.

Job Description

Key responsibilities and approximate time split :

Accountability : Capital Management : 20%

• Ensuring adherence to Capital Management policies and in-country regulatory and Board approved capital targets
• Engaging with Finance teams to understand balance sheet reconciliation and trends
• Compiling a capital plan, which forecasts regulatory and economic capital demand & supply across business units over a 3-year planning horizon while assessing if the forecast capital position meets regulatory and Board approved targets
• Determining capital buffers and performing Cost of Equity calculations in line with Absa Treasury principles and methodology
• Setting required customer returns, RoRWA and RoE in line with Board targets
• Performing customer pricing reviews and deriving appropriate risk pricing across all business units
• Supporting and leading initiatives in the move to a Basel III regulatory environment
• Co-ordinating all capital applications (including SBL dispensations and guarantee applications) ensuring quality of applications whilst managing in-country expectations

Accountability : Asset & Liability Management (ALM) : 20%

Accountability : Funds Transfer Pricing (FTP) : 15%

Accountability : Alco Process : 20%

Accountability : Liquidity Funding : 20%

Accountability : Personal Development : 5%

Risk and Control

Qualifications Required (Essential)

Qualifications Required (Preferred)

Experience

Essential

Preferred

Knowledge and Skills Required

Essential

Preferred

Language

English

Swahili

Absa Values

Absa’s Values and Behaviours represent the set of standards which governs the actions of all of us who work for the bank and against which the performance of every one of us in Absa are being assessed and rewarded :

Education

Bachelor`s Degrees and Advanced Diplomas : Business, Commerce and Management Studies (Required)

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