Senior Manager: Funding and Value Based Management

4 days ago


Johannesburg, Gauteng, South Africa Nedbank Full time
Job Summary

We are seeking a highly skilled Senior Manager to join our team at Nedbank. The successful candidate will play a strategic role in driving and facilitating the Group's Strategic Portfolio Tilt Strategy, funding strategy for the Group, and capital markets plan from a Group perspective.

Key Responsibilities
  • Drive the Group-wide Strategic Portfolio Tilt strategy, including tracking and enhancing the group-wide strategy for input into the Transactional Balance Sheet Forum, Group Exco, and the Board.
  • Formulate and track advances and deposits targets to optimize profitable market share growth.
  • Drive 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.
  • Set Strategic Portfolio targets on a Group and Cluster level.
  • 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 Group's 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.
  • 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.
Requirements
  • Professional Qualifications/Honour's Degree
  • Bcom(Acc) and BCom (Acc Honours)
  • Chartered Accountant CA(SA)
  • 5 or more years' experience within a strategic risk environment in the banking industry, ideally in Balance Sheet Management.
Preferred Qualifications
  • 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.
  • Proficient in banking knowledge and industry trends.
  • Familiarity with Microsoft Office (Excel and PowerPoint).
  • Knowledge of project management principles and relevant regulations.
  • Understanding of research methodology, decision-making processes, and process management.
  • Excellent communication, business writing, and reporting skills.
  • Strategic planning expertise.
Disclaimer

Preference will be given to candidates from the underrepresented groups.



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