Executive: Strategic Capital Management

Job Family
- Risk, Audit and Compliance
- Career Stream
- Enterprise wide Risk Management
- Leadership Pipeline
- Manage Others (MO)

**Purpose of role**
- The Executive of Strategic Capital Management is responsible for leading the development and execution of the bank’s capital strategy to ensure an optimal capital structure, regulatory compliance, and alignment with the Group’s long-term growth ambitions.

This role plays a pivotal part in capital forecasting, allocation, and optimization using both Economic and Regulatory Capital models to support risk-adjusted performance management across the enterprise. It oversees the management of capital instruments, ICAAP and ORSA processes, and contributes to dividend policy formulation and external disclosures, including Pillar 3.

The role also provides capital impact assessments for strategic initiatives such as mergers and acquisitions, and drives innovation through research, industry analysis, and continuous enhancement of capital frameworks and governance.
- A key leadership responsibility includes building and developing a high-performing team of capital specialists, aligned to the Balance Sheet Management Division and the Group’s aspiration to be market-leading in strategic capital management.

**Key Deliverable & Outputs**

**Capital Strategy & Planning**
- Develop and maintain the bank’s strategic capital plan aligned to business growth, risk appetite, and regulatory expectations.
- Lead capital forecasting and scenario analysis to support strategic decision-making, while assessing resilience under adverse conditions, and recommending actions to mitigate capital risks.
- Calculate and monitor the bank’s Cost of Equity (CoE) and its implications for capital deployment and shareholder returns.

**Capital Allocation & Optimization**
- Drive capital allocation using both Economic Capital and Regulatory Capital models to support risk-adjusted performance management.
- Lead RWA optimization initiatives to improve capital efficiency and release constrained capital, including the identification of opportunities to optimize capital usage across business units.
- Provide capital impact assessments for strategic projects, including M&A, portfolio restructuring, and new business initiatives.

**Regulatory Compliance & Governance**
- Ensure compliance with Basel III/IV and other applicable capital regulations.
- Manage ICAAP and ORSA processes, including documentation, governance, and regulatory engagement.
- Manage capital instruments including AT1 and Tier 2 issuances, ensuring alignment with regulatory and strategic objectives.
- Maintain and update capital and solvency management policies, frameworks, and governance structures.
- Monitor and report on capital adequacy, leverage ratios, and risk-weighted assets (RWA).
- Liaise with regulators and internal stakeholders on capital-related matters.

**Dividend Policy & Shareholder Returns**
- Provide inputs into dividend policy formulation, balancing capital adequacy, growth ambitions, and shareholder expectations.
- Monitor capital buffers and advise on sustainable dividend distributions.

**Key Deliverable & Outputs Continued**

**Internal & External Reporting**
- Oversee internal capital reporting to executive committees and the Board.
- Ensure accurate and timely external disclosures, including Pillar 3 reporting and investor communications.
- Support Investor Relations and Finance teams with capital-related insights and disclosures.

**Stakeholder Engagement**
- Engage with regulators, rating agencies, auditors, and internal stakeholders on capital matters.
- Collaborate with Finance, Risk, Treasury, Strategy, and Business Units to ensure integrated capital management.

**Leadership & Team Development**
- Lead a team of highly specialised professionals in capital management, fostering a culture of excellence, innovation, and continuous development.
- Build team capabilities to support the Balance Sheet Management Division and contribute to the Group’s ambition to be market-leading in strategic capital management.

**Research & Industry Analysis**
- Monitor global and local regulatory developments, capital market trends, and peer benchmarking.
- Provide thought leadership on emerging capital management practices and innovations.
- Formal Qualification
- Post Graduate Degree in Accounting, Finance, Economics, Actuarial Science or related field
- Professional certification (e.g., CA (SA) CFA, FRM) is advantageous.
- Experience
- 10+ years of experience in banking or financial services, with deep expertise in capital management, treasury, or financial strategy.
- Strong understanding of regulatory capital frameworks, economic capital modelling, and banking regulations.
- Experience with presenting technical concepts to senior stakeholders in an understandable manner.

**Personal style and values**
- **Intellectually Curious & Self-Driven**:Demonstrates a proactive commitment to deepening expertise in capital metho