Head, Assets & Liabilities Management

JOB DESCRIPTION

To coordinate balance sheet management in Ecobank Ghana in the following ways: 

• Ensure proper funding of the Bank’s assets, making decisions on funding company operations and other financing requirements. 
• Managing balance sheet, cash flow, and ensuring provision of funds for the company. 
• Ensure that the Bank’s balance sheet is proactively managed in order to enhance NRFF revenue. 
• To drive and take joint ownership with The Treasurer of the ALCO processes. 
• Implementing an assets and liabilities strategy (gapping) that optimizes the company’s return, in accordance with the ALCO’s guidelines/ recommendations. 
• To comply with all approved internal balance sheet ratios. 
• Contribute to the preparation and delivery of the ALM budget and business plan to ensure maximization of profitability at all times with adequate controls of related operation and market risks. 
• Ensure adequate liquid assets are maintained at all times to meet the required Central Bank liquidity ratio and a guideline as well as the bank’s funding needs. 
• Monitor bank’s limits and ensure that all trades are within sanctioned limits. 
• To work with country business heads to develop the appropriate delivery mechanism to launch Treasury products. 
• Preparing ongoing assessment of asset & liability mismatches and managing the implementation of required short- and medium-term financing structures. 
• Identifying potential financial risks for the company, ensuring they do not adversely affect company funds (e.g., foreign exchange exposures). 
• Managing daily cash balances, and surplus cash for other assets (e.g., money markets, fixed income). 
• Management of debt capital raising strategy, origination and execution of structured finance and hedging strategies, cash management strategies. 
• Forecasting cash payments and anticipating potential challenges arising from limited cash flow. 
• Setting strategy and overseeing management of Money Market to maximize treasury returns in compliance with the company’s market risk strategy. 
• Ensuring compliance with the regulatory requirements (e.g., reserve requirements). 
• Analysing the impact of international markets on the performance of company products or services. 

KEY RESPONSIBILITIES AND DUTIES 

• Ensure Regulatory compliance for all Limits and internal control guidelines (Balance Sheet, Dealer, NOF, Affiliate, Central Bank etc). No Breaches without approvals. 
• Ensure Prompt submission of all Reports - Group, Daily, Weekly and Monthly Reports 
• Resolution of Audit Issues 
• Continuous review of FTP Template for correctness 
• Organise ALCO each month 
• Monitor and ensure Nostros meet daily Net Own Funds (NOF) Limits; Ensure liquidity needs of the bank are met as various accounts are well funded and excess liquidity is well invested. 
• Define clear ALM strategies and share with rest of the team. 
• To manage the market risks on the ALM desk, through recommending dealing limits for each team member, monitoring their performance against these limits for corrective action if need be. • In concert with the Regional Treasurer, prepare and deliver the annual country budget and business plan to ensure maximization of profitability at all times with adequate control of related operation and market risks. 
• To develop a performance culture within the team, through agreeing performance targets with each team member, monitoring and regularly reporting performance against target to team members. 
• To create opportunities for each team member and develop required ALM skills and risk appetite, technical knowledge through a process of coaching, appraisal, identification, and action of training needs, with appropriate follow-ups to ensure that new learning is put to effective use. 
• To monitor business performance on an ongoing basis vis-ä-vis budget and take proactive measures to achieve it. • To ensure that necessary steps are taken to address regulatory and internal control guidelines. 

FINANCIAL MANAGEMENT 

Delivery of ALM budget. 

 To provide direction and migrate best Practices, challenge country performance. 

COMPLIANCE TO BANK'S AND LOCAL REGULATIONS 

To ensure complete adherence to all ECOBANK's compliance and regulatory requirements. 

To maintain high standards in terms of compliance and internal process ensuring complete adequacy to Audit requirements. 

     To maintain good relationship with regulators. 

 To keep abreast of the changes in the business and regulatory environment. 

 To ensure adherence to proper conduct and professional behaviour for all ALM team members. 

PEOPLE AND TALENT MANAGEMENT 

• Joint responsibility with Country Treasurer in the appointment, management of career, training and retention for all ALM team members. 
• To build a pipeline of CVs in case some key positions are vacant within ECOBANK. 

PRIMARY RELATIONSHIPS  INTERNAL CONTACTS 

• County Treasurer
•  Group Head,ALM Trading Team

        EXTERNAL CONTACTS 

Dealers of other banks / Financial institutions &Local regulators 

    PERSONAL ATTRIBUTES REQUIRED 

                  In depth knowledge of the MM and FI products. 

                  Should be fully conversant with all operational aspects of the Treasury department. 

                  Ability to motivate and manage staff. 

                  Good analytical and decision-making skills. 

                  Ability to take quick decisions, ability of being reactive. 

                  Excel and Computer skills required. 

                  Ability to work quickly and accurately under pressure.