Director Head Treasury Markets

To lead the Treasury-Market Desk in the implementation of its strategy for optimal management of the country Balance Sheet. This covers the management of liquidity, credit and interest rate mismatches, as well as own account discretionary investment positions. Assuming overall responsibility for Treasury-Market activities, including:
• Prudent day-to-day and intraday management of the liquidity position in the country, including the day-to-day compliance with Group Policies and Guidelines, Local Regulatory requirements, local payment system and intraday liquidity requirements
• The maintenance of the bank’s presence in the inter-bank market to aid funding and investment activities
• The management of both revenue and cost budgets
Strategy
• Ensure Statutory (both FSA and local regulations) Liquidity requirements and internal Group Limits are adhered to
• Lead the way in the ALCO forum through active participation, providing ALCO members with timely balance sheet analysis and market information, ensuring other ALCO members are always engaged in an up-to-date Balance Sheet strategy that compliments the bank’s revenues aspirations
• Propose, negotiate and regularly advise on the Funds Transfer Pricing Policy for the Bank, in a consistent manner and in compliance with the Group policies, taking into account local market dynamics
• Support ALCO in decisions relating to Capital requirements and management, proposing investment strategies, and market research
• Support development of active RWA management and adherence to country targets
• Show creativity when proposing solutions to specific funding requirements, engineering solutions and 'thinking outside of the box’
• Proactively manage IAS39 related issues ensuring full compliance, as well as identifying arising risks and opportunities and ensure full documentation for all hedges
• Prove ability in managing change, especially when imposed by the external environment (regulatory)
Business
• Manage daily liquidity ensuring adherence to all internal and external limits
• Ensure that all lending and investment decisions are made within Group Treasury, Market Risk and Credit limits
• Ensure that all compliance and Local regulatory requirements are met and reported as appropriate
• Support and develop the payment systems and ensure the Bank’s liquidity supports the capability of meeting customer payment needs
• Liaise with support services and the back office on behalf of the team, to maintain the provision of high quality services to traders
• Ensure that full advantage is taken by traders of the available technology support
• Represent the Treasury-Markets business in projects involving the implementation of major changes in the systems technology area
• Take overall responsibilities for the Investment management, Liquidity management and Treasury-Markets Support functions, ensuring they function as a team.
Processes
• Management of interest rate mismatch and risk positions to maximise returns (through P&L and MTM)
• Sourcing diversified low cost funds
• Managing operating costs
• Ensure full understanding of other businesses’ strategies, providing support with regards to funding and pricing requirements
• Network on behalf of the Treasury-Markets business with internal customers, external market counterparties, and other SCB centres, in order to solicit customer feedback, gain market intelligence, benchmark trading techniques, and enhance the Bank's profile in the market.
• Providing funding support and competitive rates to Trading and Sales Teams
• Liquidity support to Group branches
• Assist and coordinate with the other Treasury-Markets units in the region
• Assist in building compliance culture within the country by ensuring full compliance in Treasury-Markets
People and Talent
• Succession Planning