Senior Manager: Funding and Vbm

3 months ago


Johannesburg, South Africa Nedbank Full time

**Requisition Details & Talent Acquisition Consultant**
- REQ 136155 - Michelle Thabethe
Location: Sandton
Closing Date: 04 October 2024
- Job Family- Risk, Audit and Compliance
- Career Stream- Enterprise Wide Risk Management
- Leadership Pipeline- Manage Managers
- FAIS Affected**Job Purpose**
- The Senior Manager of Funding and Value Based Management will play a strategic role in driving and facilitating Nedbank's Strategic Portfolio Tilt Strategy, funding strategy for the Group, and capital markets plan from a Group perspective. The role will involve strategically facilitating the 3-year planning process, providing input into presentations to SARB, board, and executive committees, and assisting in Deposit Insurance implementation. The Senior Manager of Funding and Value Based Management will be responsible for driving and supporting the Executive: Funding and Value Based on a strategic, quantitative, as well as qualitative perspective across the Funding and Value Based Management portfolio.**Responsibilities**:

- The role as the Senior Manager of Funding and Value Based management will provide an in-depth exposure to the science of banking and various major risk disciplines. This role offers the unique opportunity to strategically shape and optimise the Group’s Balance Sheet that will contribute to shareholder value add with exposure to all the front line business clusters across the Group and regular engagement with senior executives and external stakeholders.**The main responsibilities of the role are to drive**:

- Enhancement of the Groups Strategic Portfolio Tilt strategy:
- Track and enhance the group wide strategy for input into the Transactional Balance Sheet Forum, Group Exco and the Board.
- Drive Group -wide Strategic Portfolio Tilt & Balance Sheet Optimisation.
- Formulate and track advances and deposits targets to optimize profitable market share growth.
- Drive the groups Balance Sheet shape in terms of building its transactional Balance Sheet Franchise with a focus on cross-sell and decreasing wholesale funding reliance.
- Setting Strategic Portfolio targets on a Group and Cluster level.
- Group Transactional Balance Sheet Forum:
- This forum measures and tracks the execution of the Balance Sheet strategy i.e., the implementation of Strategic Portfolio Tilt across advances and deposits.
- Track the funding plan on a Group and Cluster basis.
- Report on market share on a cluster level across the Retail and Commercial franchise.
- BA 900 market share model: Manage the Centre of Excellence for market share reporting.
- Ensure model maintenance and accuracy.
- Produce and analyse key market share insights.
- Conduct peer analysis and develop new models as required.
- New model build.
- Funding Strategy for the Group:
- Oversee the Alternative Funding Book Management and Capital markets plan.
- Decrease the cost of funding for the Group.
- Refine the Funding and Capital Markets plan based on rolling forecasts.
- Prepare for SUD issuance in liaison with the Debt Capital Markets team.
- Develop strategies to manage ST, MT, and LT funding ratios in the context of LCR and NSFR.
- Compare the funding plan to budgets and QO on a cluster level across assets and liabilities.
- Interact with the Central Funding Desks weekly to address funding requirements.
- Provide Input into the Groups Planning Framework and Three-Year Plans:
- Prepare the 3-year Funding and Capital Markets Plan.
- Analyse forecast Balance Sheets and funding plans, providing recommendations to front-line clusters for strategic responses.
- Reporting:
- Prepare monthly ALCO reporting on the Group Balance Sheet.
- Provide reporting for the Transactional Balance Sheet forum.
- Contribute to Analyst Booklet, Pillar 3, and ILAAP reports. Prepare Board, GRCMC, Group Exco, SARB, and Group ALCO presentations.
- Staff and Leadership:
- Mentor junior staff and TOPP trainees.
- Build a high-performance team with diverse skillsets aligned with operational needs.
- Establish partnerships with stakeholders to deliver value-added results for the Group.
- Demonstrate human-centred leadership and ethical behaviour, contributing positively to the Nedbank culture.
- Stakeholder Management:
- Maintain relationships with stakeholders across various Clusters.
- Essential Qualifications - NQF Level- Professional Qualifications/Honour’s Degree
- Preferred Qualification- Bcom(Acc) and BCom (Acc Honours)
- Chartered Accountant CA(SA)
- Minimum Experience Level- 5 or more years’ experience within a strategic risk environment in the banking industry, ideally in Balance Sheet Management.

**Technical / Professional Knowledge**
- Strong analytical and quantitative skills.
- Excellent presentation and critical thinking skills.
- Ability to work under pressure and in a dynamic environment.
- Meticulous, organized, and proactive.
- Business-driven and capable of delivering under pressure.
- Team player with strong engagement skills for senior stakeholders.
-


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