Manager, Asset and Liability Management

INDUSTRY: BANKING

HR World Ltd on behalf of our client, we are looking for a Manager, Asset and Liability Management who will be responsible for developing and implementing strategies for ALM, monitoring market conditions, and executing trades to ensure the most favorable outcomes while generating revenue for the Bank.

Responsibilities:

• Supervising and overseeing the daily activities of ALM team in real time to ensure adherence to policies, procedures, guidelines and directives from governance committees, industry/market conventions and regulatory requirements
• Implementation of strategy for optimal management of the Bank Balance Sheet which includes liquidity management, credit and interest rate mismatches, own account discretionary investment positions as approved by ALCO and within policy
• Formulate strategies to drive the correct balance sheet behavior including RWA savings, pricing accuracy and criteria. Maximize the return on every unit of capital required to support the risk inherent in the business
• First line of defense responsible for managing the Bank’s balance sheet and liquidity by driving asset and liabilities and management of the short-term liquidity position
• Ensure implementation of the bank and department strategy for optimal management of the bank’s balance sheet
• Daily analysis of Local and Global markets and how they affect bond yields and price movements with a view of taking advantage of arbitrage opportunities and hedging opportunities to generate revenue and guide the bank on earnings stabilization or loss mitigation strategies
• Ensure the team has a full understanding of the risk and control environment
• Ensure Statutory requirements and internal bank limits are adhered to
• Manage multiple risks including liquidity risk, market access risk, maturity concentration risk and interest rate risk in the Bank’s Balance Sheet
• Provide guidance and oversight of the country ALM team as they perform their duties i.e., balance sheet optimization, liquidity management, cost management, regulatory requirements, funding and investments, product control, etc.
• Lead through example and build the appropriate culture and values
• Set appropriate tone and expectations for the team and work in collaboration with others

Qualifications:

• Master’s or Bachelor’s Degree in Accounting, Business, Economics, Finance or any other related field. Completion of ACCA / CPA / CFA or its equivalent is an added advantage
• Must have ACI dealing certificate or its equivalent
• 5+ years’ relevant experience in Treasury ALM with four 4 years or more in management role in a similar sized organization
• Must have market intelligence with good understanding of financial markets drivers and undertakings
• Good understanding of financial and capital markets

Interested candidates may send their CVS to career@hrworld.co.tz before 12th May 2025

Only successful candidates will be contacted