General Manager, Balance Sheet Management

Your tasks

• Ensure Business Profitability through management of funds to maintain optimal balances, management of liquidity, and interest rate risk and maximizing excess investment cash.
• Formulation of Asset Liability and Investment strategic plan for the department in order to meet Liquidity, revenue, investment income, Securities Trading profits and cost management targets.
• Establish and maintain relationships with local and foreign counterparties and in the process enhance lines with counterparties - local and international.
• Identify and Manage market and settlement risks that the department faces on a day-to-day basis. Also, ensure that all dealers stick to counterparty trading and credit limits.
• Establish and maintain high level contacts with current and targeted customers, regulatory authorities and product partners.
• Ensure compliance with bank's set risk thresholds as well as regulatory limits set by the Central Bank of Kenya.
• Assist the treasurer and ALCO in formulation and implementation of department and bank strategic plans.
• Arrange and attend Meetings with the Central Bank of Kenya / Key banks & Brokers, Money Market teams.
• Streamlining operation procedures and also improving on the same when necessary.
• Ensure compliance with all Risk and KYC standards.
• To arrange for Training and Development of reporting staff to acquire and improve their job knowledge and to prepare them for future leadership positions.
• Create a professional, proactive, and performance-driven culture across the department, through motivating staff by communication and involvement, objective setting and appraisal, training and development, and recognition and appropriate reward, to enable them deliver high-quality output.
• The role will be a proxy to the FX Trading Desk.

Accountability

• Delegated Authority
• Management of ALM.

• Ensure Business Profitability through management of funds to maintain optimal balances, management of liquidity, and interest rate risk and maximizing excess investment cash.
• Formulation of Asset Liability and Investment strategic plan for the department in order to meet Liquidity, revenue, investment income, Securities Trading profits and cost management targets.
• Establish and maintain relationships with local and foreign counterparties and in the process enhance lines with counterparties - local and international.
• Identify and Manage market and settlement risks that the department faces on a day-to-day basis. Also, ensure that all dealers stick to counterparty trading and credit limits.
• Establish and maintain high level contacts with current and targeted customers, regulatory authorities and product partners.
• Ensure compliance with bank's set risk thresholds as well as regulatory limits set by the Central Bank of Kenya.
• Assist the treasurer and ALCO in formulation and implementation of department and bank strategic plans.
• Arrange and attend Meetings with the Central Bank of Kenya / Key banks & Brokers, Money Market teams.
• Streamlining operation procedures and also improving on the same when necessary.
• Ensure compliance with all Risk and KYC standards.
• To arrange for Training and Development of reporting staff to acquire and improve their job knowledge and to prepare them for future leadership positions.
• Create a professional, proactive, and performance-driven culture across the department, through motivating staff by communication and involvement, objective setting and appraisal, training and development, and recognition and appropriate reward, to enable them deliver high-quality output.
• The role will be a proxy to the FX Trading Desk.

Accountability

• Delegated Authority
• Management of ALM.

Requirements

Qualifications & ExperienceAcademic and Professional Qualifications

• Bachelor’s degree in related specialization of study.
• Relevant Professional Qualification.
• Member of a relevant professional body.
• Proficiency in Microsoft Office Suite.

Work Experience

• Minimum of 6 years overall experience and out of which at least two (2) years should be at managerial level.

Skills and Competencies

• Demonstrate high levels of integrity.
• Ability to communicate both inside and outside the organization, Formal presentation.
• Dynamic, analytical and self-driven individual with the ability to work under pressure.
• A passion for performance, team player and achievement in a competitive and dynamic environment.
• Hardworking, strategically minded individual with excellent communication and interpersonal skills.
• Thorough understanding of the Forex procedures, Prudential Guidelines and practice and the ability to interact with all levels of management and staff.
• Must have excellent leadership, organizational, and planning skills.
• Good analytical skills and problem-solving skills.
• Excellent negotiating and interpersonal skills.

Qualifications & ExperienceAcademic and Professional Qualifications

• Bachelor’s degree in related specialization of study.
• Relevant Professional Qualification.
• Member of a relevant professional body.
• Proficiency in Microsoft Office Suite.

Work Experience

• Minimum of 6 years overall experience and out of which at least two (2) years should be at managerial level.

Skills and Competencies

• Demonstrate high levels of integrity.
• Ability to communicate both inside and outside the organization, Formal presentation.
• Dynamic, analytical and self-driven individual with the ability to work under pressure.
• A passion for performance, team player and achievement in a competitive and dynamic environment.
• Hardworking, strategically minded individual with excellent communication and interpersonal skills.
• Thorough understanding of the Forex procedures, Prudential Guidelines and practice and the ability to interact with all levels of management and staff.
• Must have excellent leadership, organizational, and planning skills.
• Good analytical skills and problem-solving skills.
• Excellent negotiating and interpersonal skills.

Other

Key RelationshipsCustomers of this position

• All Banks and FIs
• Counterparties for dealings of securities

Key RelationshipsCustomers of this position

• All Banks and FIs
• Counterparties for dealings of securities