Senior Manager: Funding and Value Based Management

3 weeks ago


Sandton, South Africa Nedbank Head Office Full time

Funding and Balance Sheet Management


The Senior Manager of Funding and Value Based Management will play a pivotal role in driving Nedbank's Strategic Portfolio Tilt Strategy and capital markets plan. This individual will be responsible for driving and supporting the Executive: Funding and Value Based on a strategic, quantitative, and qualitative perspective across the Funding and Value Based Management portfolio.



Key Responsibilities

The role will involve:



  • Enhancing the group's Strategic Portfolio Tilt strategy: tracking and enhancing the group-wide strategy for input into the Transactional Balance Sheet Forum, Group Exco, and the Board
  • Driving group-wide Strategic Portfolio Tilt & Balance Sheet Optimisation
  • Formulating and tracking advances and deposits targets to optimize profitable market share growth
  • Driving the group's 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
  • Leading the Centre of Excellence for market share reporting, ensuring model maintenance and accuracy, and producing and analysing key market share insights
  • Overseeing the Alternative Funding Book Management and Capital markets plan, decreasing the cost of funding for the Group, and refining the Funding and Capital Markets plan based on rolling forecasts
  • Preparing for SUD issuance in liaison with the Debt Capital Markets team, developing strategies to manage ST, MT, and LT funding ratios in the context of LCR and NSFR, and comparing the funding plan to budgets and QO on a cluster level across assets and liabilities
  • Providing input into the Group's Planning Framework and Three-Year Plans, preparing the 3-year Funding and Capital Markets Plan, and analysing forecast Balance Sheets and funding plans, providing recommendations to front-line clusters for strategic responses
  • Preparing monthly ALCO reporting on the Group Balance Sheet, providing reporting for the Transactional Balance Sheet forum, contributing to Analyst Booklet, Pillar 3, and ILAAP reports, and preparing Board, GRCMC, Group Exco, SARB, and Group ALCO presentations
  • Mentoring junior staff and TOPP trainees, building a high-performance team with diverse skillsets aligned with operational needs, establishing partnerships with stakeholders to deliver value-added results for the Group, and demonstrating human-centred leadership and ethical behaviour, contributing positively to the Nedbank culture
  • Maintaining relationships with stakeholders across various Clusters


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