Specialist Treasury Funding Liquidity

Bring your possibility to life Define your career with us
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary
- Developing Funds Transfer Pricing (FTP) methodologies that will deliver balanced growth;
- Developing and maintaining the FTP processes for pricing and charging FTP;
- Analyzing and understanding the impact of FTP on the pricing behavior of businesses;
- Engages with a broad range of stakeholders on FTP related issues; and
- Provide coaching and guidance to more junior team members.

**Job Description**:
Key Accountabilities

Accountability: Funds Transfer Pricing Methodologies
- Develop and maintain behavioral / economic funding FTP methodologies and models used to determine the FTP rates for products and/or businesses.
- Suggest improvements to the FTP methodologies and models based on:

- evolving best practice,
- changes in regulation, and
- feedback from internal and external reviews.
- Run annual assumptions review, under guidance of the Head of FTP.
- Run model validations.

Accountability: Funds Transfer Pricing input into Pricing Process
- Produce / own key inputs into pricing process, including:

- base rates,
- structural rates,
- liquidity premiums, and
- FTP curves.
- Produce & negotiate quotations for large loans and facilities based on underlying features.
- Produce & negotiate quotations for large deposits and funding unwinds
- Act as custodian of business versus fund pool boundary, ensuring arms length pricing between Treasury and business units

Accountability: Funds Transfer Pricing Charging Processes
- Develop and maintain models for the production of FTP related inputs into finance processes.
- Assist finance with producing required FTP entries and results.
- Provide key FTP inputs into planning and budgeting process.
- Perform key checks that will ensure the validity, accuracy and completeness of assumptions and data.

Accountability: Funds Transfer Pricing Reporting and Analysis
- Build and maintain financial models to monitor and project FTP income statement and balance sheet.
- Produce or review monthly and daily FTP reports.
- Produce Treasury Committee packs and proposals.
- Provide input into queries from SARB, ratings agencies etc.

Accountability: Stakeholder Management
- Business unit communication and engagement.
- Relationship building across business (especially the trade floor).
- Provide oversight of short term uses of liquidity.
- Implementation of penalties for transgressions outside of agreed funding parameters.
- Stay abreast of industry and peer developments.
- Provide training to stakeholders (including the production of training material).

Accountability: Internal Treasury Stakeholder Management
- Participation in the weekly liquidity forum.
- Monitor funding raised through the structured notes programme.
- Challenge the Treasury operating model to promote balanced growth.

Accountability: Management Responsibilities
- Provide coaching and guidance to more junior team members.
- Delegation of tasks to more junior team members.

Role/Person Specification

Education and Experience Required:

- Highly numerate individual with a strong quantitative / analytical background.
- Degree in mathematics of finance, economics, accountancy, risk management or similar.
- Treasury related experience a preference.

Knowledge & Skills:

- Good foundation in funds transfer pricing.

Competencies:

- Good communicator.
- Good at coaching and delegation.
- Well organised and able to manage multiple responsibilities.
- Able to interact efficiently and professionally with business stakeholders.
- Technically competent in area of funds transfer pricing.

Education

Postgraduate Degrees and Professional Qualifications: Financial Sciences (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_