Specialist: Intraday Liquidity Management
1 week ago
**MAIN PURPOSE OF THE JOB**
This individual will be responsible for ensuring the Bank is sufficiently liquid assets and cash at all times. Ensuring that the Bank has the resources required to meet all maturities, operational cash requirements and other commitments, even in periods of stress.
To gathering data, performing calculations, and monitoring metrics and limits on a daily basis (intraday as well) that encompass the entire balance sheet along with relevant off balance sheet exposures.
To manage all daily functions of the Treasury Front office as well as management of the Bank’s SAMOS function
**Behavioural (COMP)**
- Able to work alone and in collaboration with others Accuracy
- Adaptability to change Analytical thinking Confidentiality
- Coping with Pressures and Setbacks Decision Making
- Delivering Results and Meeting Customer Expectations Expediency of escalation of critical issues
- Honesty Initiating Action
- Integration/Holistic thinking Integrity
- Leading and Supervising Logical reasoning Networking skills Persuasive skills
- Planning and Organising (Prioritising) Presenting and Communicating Information
- Problem solving
**Minimum Education**
- Degree in Accounting, Mathematics or statistics
**Minimum Experience**
- 9+ years of Banking experience
- 7 years Treasury experience
**Key Performance**
- Analytical Skills Attention to Detail
- Communication Skills (verbal & written) Conflict management skills
- Deadline driven Financial skills MS Offices skills
- People management Performance Management Skills Reconciliation skills Relationship building skills
- Understanding and knowledge of: SAMOS, SWIFT, BANKSERV, EFT, NAEDO, VISA
**Treasury Operations**
- Analysis of cash positions and cash forecasting
- Daily square-off, cash balancing, reconciliation and reporting of the cash position
- Sweeping of the all bank accounts daily
- Management of the Bank’s statutory reserves
- Alternative investment strategies for surplus cash positions
- Tender for liquid assets at Reserve Bank and STRATE within investment mandates - repos
- Deploy excess cash through reverse repos
- General Treasury analysis
**Daily Operational functions**
- Daily funding of various accounts
- Managing and reporting on maturities of liabilities and investments
- Investment of surplus cash taking into account the liquidity requirements of the business
- Build and Maintain relationships with counterparties and other banks
- Manage intra group placements
- Capturing all deals, as concluded, on the Treasury System.
- Various reporting to internal and external stakeholders as required
**Compliance**
- Manage liquid asset and cash reserve requirements in terms of BA 310
- Analyse and review liquid asset model to determine required investment levels
- Monitor and report on internal liquidity limits
- Daily valuation of Statutory Liquid Assets Portfolio
- Ensure client FICA and KYC processes are completed
- Overall adherence and support of the banks compliance requirements
**SAMOS transaction management**
**Payment Streams**
- Reconcile all entries on SAMOS account against the source documents from Bankserv daily for the following transactions: EFT, NAEDO, SASWITCH, VISA
- Identify and follow up on queries directly with Bankserv and advise direct line manager of any differences
- Review cash position of the SAMOS account on an ongoing daily basis throughout the day to maintain an optimal positive cash position at all times by transferring funds where necessary with approval of direct manager
**Liquid Asset and Cash Reserves**
- Effect Liquid Asset and Cash Reserve transfers
- Update requirements, movements and new asset holdings on SAMOS SAMOS servers
**Control access to SAMOS production and test servers by holding keys**
**Strategic**
- Enhance a strategic, forward thinking view of liquidity risk management at the Bank to identify and remediate existing limitations and anticipate future requirements in order to proactively enhance capabilities
- Assist with the development and maintenance of cash flow behavioural assumptions and methodologies across all related products and processes.
- Managing and executing plans to enhance liquidity related to Liquidity contingency plans and Recovery Planning capabilities
- Assistance in developing and executing plans to ensure we comply with existing and emerging regulatory expectations related to liquidity risk management
- Maintain Liquidity contingency plans and the Bank’s overall HQLA portfolio
- Assist in forecasting liquidity requirements of the short to medium term.
- Recruit and develop staff to support ongoing enhancements of liquidity risk management processes
- Stay abreast with industry developments and provide insights to Treasury management and the Board
- Assist in the execution of strategic projects, including M&A and strategic partnerships
**Adhoc task relating to the Treasury Department**
Managing and coordinating various activities relating to the Treasury
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