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Job Title: Treasury Analyst & Execution Dealer at ABSA – October 2024
Job Type: Full-time
Empowering Africa’s Tomorrow, Together…One Story at a Time
With over 100 years of history and a strong local presence combined with regional and international expertise, ABSA offers a career journey that empowers you to shape the future as part of a proudly African group. Join us and be part of this exciting growth journey.
About the Role:
As a Treasury Analyst & Execution Dealer, you will play a pivotal role in managing in-country Balance Sheet Management functions. You will contribute to Asset and Liability Management, Capital Management, Execution Services, Investment, Liquidity & Funding, and Capital planning. This position requires a strategic, analytical, and results-driven individual with a passion for treasury functions and financial markets.
Key Responsibilities:
Capital Management (20%)
- Support the Country Treasurer in managing the bank’s capital position.
- Ensure adherence to Capital Management policies and regulatory requirements.
- Assist in compiling a capital plan forecasting capital demand & supply across a 3-year horizon.
- Perform Cost of Equity calculations and support initiatives related to the Basel III regulatory environment.
Asset & Liability Management (20%)
- Assist in managing the ALM process and maintain the risk profile in line with Group standards.
- Measure, analyze, and interpret interest rate risk and perform margin compression analysis.
- Ensure alignment with Absa Treasury guidelines in all behavioural and pre-payment assumptions.
Funds Transfer Pricing (FTP) (15%)
- Manage FTP processes, guiding business behaviours to mitigate market risk.
- Align FTP rates to ensure that business units maintain required liquidity and interest rate risk profiles.
ALCO Process (20%)
- Support the production of the monthly ALCO pack, coordinating input from various internal stakeholders.
- Manage ALCO Secretary functions, ensuring smooth coordination of meetings and proposals.
Liquidity & Funding (20%)
- Manage the daily Liquidity and Funding positions and report to Treasury management.
- Assist in creating strategies to optimize liquidity management and support the creation of an annual funding plan.
- Conduct liquidity stress testing and ensure regulatory and internal requirements are met.
Personal Development
- Proactively manage your own technical and soft skills development, identifying opportunities for growth.
Risk and Controls Objectives:
- Ensure risk management frameworks are effectively applied.
- Understand your role in end-to-end processes and report any risks or issues.
- Complete all mandatory training and foster a positive risk culture.
Required Knowledge & Skills:
- Deep understanding of treasury functions, including capital, liquidity, and interest rate risk management.
- Knowledge of financial markets, treasury products, and economic fundamentals.
- Proficient in Excel and strong communication skills.
Preferred:
- Ability to influence strategic decisions and lead future initiatives.
- In-depth knowledge of Balance Sheet Management and FTP pricing curves.
Education:
- Higher Diplomas: Business, Commerce, and Management Studies (Required)
ABSA Values:
- Trust
- Resourcefulness
- Stewardship
- Inclusiveness
- Courage
Be part of a team that values diversity, collaboration, and empowerment. Together, we will shape Africa’s financial future.
Ready to take the next step in your career? Apply Now to become a part of ABSA's vision for a better tomorrow!
