Treasury – Funds Transfer Pricing Specialist
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. Job Summary Oversight and management of the Funding and Liquidity Management (FLM) function across ARO, ensuring effective compliance with regulatory and Board requirements, funding strategy optimisation and funding cost management Job Description Key Accountabilities: Review and challenge the funding and liquidity risk positions and funding plans of ARO banking entities, providing a proactive view of potential funding risks and funding support required across ARO Provide subject-matter- expertise to in-country Treasuries and Businesses on setting funding strategies and funding targets that should be considered and implemented to enhance Primacy and optimize funding costs Optimise funding strategies and plans to support market share growth; returns and cost reductions, engaging with in-country and Group TES functions on wholesale funding market capacity and opportunities Lead FLM engagements with in-country Treasuries advising on strategic planning requirements; determining the foreign currency funding support required by ARO entities and preparing updates to the Treasury Committee and the Board as part of the integrated planning process Review, challenge and explain movements in funding and liquidity risk positions across ARO on a monthly basis and in support of BA610 reporting Oversee the BA610 Liquidity risk reporting across the ARO entities; support related SARB discussions; and ensure alignment with Group FLM requirements Develop and lead implementation of opportunities to optimize the funding structure of entities and sovereign investment strategies to enhance ARO’s contribution to Group RoRC Lead the engagement with Group FLM and Treasury FSTI to advise foreign currency requirements from ABSA Bank SA and sovereign investment strategies Lead the engagement with ARO Global Markets, ensuring funding limits and exposures are effectively implemented and monitored, in support of Business growth and compliance with Board-level liquidity requirements in ARO Co-ordinate the execution of all FLM related requirements such as contingency planning; SARB requirements; local regulatory and ALCO requirements across ARO Review, challenge and support Entity Treasuries with ILAAP submissions to regulators and support drafting and governance of Group ILAAP requirements related to ARO Education and experience required B-degree > 5 years (Technical/Managerial) Finance; Balance Sheet; FLM and/ or Treasury Execution management experience Knowledge and skills: (Maximum of 6) Highly numerate with a strong analytical background. Deep expertise in Balance Sheet and Funding management Strong experience with senior management reporting, influence and stakeholder management Banking experience in a treasury environment, risk or finance Competencies: (Maximum of 8 competencies) Sound attention to detail and diligent in managing processes to a high standard Keen interest in developing technical skills in risk management and the impact of in-country market dynamics on FLM Good communicator and able to present technical content in a meaningful manner to management Well organised and able to manage multiple responsibilities to deadlines Able to interact efficiently and professionally with business stakeholders. Education Bacharelato e Diplomas Avançados: Estudos de Negócios, Comércio e Gestão (Required) Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank. Absa Bank Limited reserves the right not to make an appointment to the post as advertised At Absa, our story is not a single narrative. It’s thousands of individual journeys unfolding across Africa and beyond. From colleagues serving customers in local communities to teams shaping financial solutions across borders, Absa is built on people who bring their lived experiences, ambitions and perspectives into the workplace every day. Whether you’re starting your career, a seasoned leader or somewhere in between, your contribution is seen, valued and connected to something bigger. Our presence across Africa – which spans personal and business banking, corporate and investment banking, wealth and investment management, and insurance – exists because of the people who show up in their roles with purpose. Across Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda and Zambia, our colleagues are shaping what Absa becomes in each market. Beyond the continent, teams in global offices and a technology hub support and extend the stories that prove that African talent can lead, influence and innovate on the global stage. At Absa, your story matters because progress is driven by human experience, not hierarchy. When people are enabled to bring their whole selves to work, they don’t just build careers. They help shape the future of Africa’s financial services landscape.