Treasury Middle Office Manager
Transcription
Treasury Middle Office Manager
Position Description POSITION TITLE: Treasury Middle Office Manager REPORTS TO: Chief Risk Officer Summary of Job Purpose This role will be responsible for analyzing, managing, and reporting all associated Market and Liquidity risks and also perform monitoring of operational and financial related data to recognize patterns and trends with risk and control implications. He/ She will lead the implementation of Market Risk limits and actively participate in the evaluation of new products from a market risks perspective. Key Duties Develop Treasury risk appetite framework and Treasury risk monitoring tools towards the production of Treasury risk dashboard, reporting daily to Management. Prepare and submit timely accurate Treasury risk and internal ALCO reports to the Board, Executive Management, and the Risk Capital Management Committee. Monitor the daily limit process, and identify and investigate breaches, issuing breach notices; where applicable. Perform scenario analysis and stress testing on Treasury risk related exposures Analyze liquidity and funding requirements for Front Office operations. Collaborate with internal control and Treasury Division in establishing guidelines for maintaining competitive rates, compliance with industry practice. Participate and offer constructive inputs in risks, capital and asset/liability sub-committee or other committees. Stay up to date with evolving regulatory and market events impacting the Bank’s Treasury and Risk units. Enforce the governance structure of risk management and ensure that your team complies with the Bank’s standards and regulato ry guidelines set by the Bank of Ghana Deliver on additional tasks/responsibilities from the CRO or his designate as and when required. Key Performance Measures Financial Customer People Governance, Risk and Control 1 TECHNICAL KNOW HOW QUALIFICATIONS A minimum of first Degree in Finance/Banking/Business Administration/Management. SPECIFIC SKILLS In-depth understanding of the application of the Bank of Ghana Basel II prudential guidelines. Good understanding of financial markets derivatives, interest rates, foreign exchange and swap contracts In-depth knowledge of IFRS classification of investment securities Good awareness of Banking products/services relevant in designing and implementing market risk Ability to use market risk modules to support structured transactions from a regulatory capital perspective. Good understanding of market risk limitation management and supporting processes. Ability to motivate teams and remain committed to achieve business results Expertise in Microsoft office tools(MS Word, Excel, Power Point, Project, Outlook) Excellent interpersonal skills, including oral/written communication and influencing skills Ability to exercise own initiative and deliver to meet deadlines. EXPERIENCE Minimum of 8 years work experience in a risk management environment. Experience as a market risk professional in a dynamic financial/banking institution is an added advantage. CORPORATE/BUSINESS AWARENESS The jobholder should be aware of the workings of multiple departments in the Bank to enable him/her plan organise works of various complexity having the understanding of the objectives and processes of several large business units and will be required to formulate and adjust plans in order to assist in the realisation of both departmental and corporate goals Awareness of the statutory legislations, banking compliance standards and the Bank’s internal processes An excellent knowledge of risk standards, principles and procedures within the Bank and the banking industry SOCIAL COMPETENCE 2 CORPORATE/BUSINESS AWARENESS Jobholder is expected to build sustaining relationships with both internal and external stakeholders through a combination of effective interpersonal, relationship building and communication skills in order to achieve the goals of the Risk Department. The jobholder is expected to be empathetic in providing sensitive and in some cases debatable information to both internal and external stakeholders which is of specialised nature. Result-oriented and focused on the performance of duties irrespective of challenges encountered notably in a rapidly evolving risk and organisational culture. Excellent leadership and influencing skills, particularly demonstrating outstanding ability to motivate teams to achieve busi ness results Passion for service excellence in the performance of duties assigned Strong ability to work in multi-cultural environment, manage, develop and coach others Strong communication and probing skills Strong ability to assess and analyse business risks and provide strategic input Strong organisational and administrative ability SCOPE OF THINKING Ability to thoroughly analyse, evaluate, assess impact and interpret highly complex problems and applying complex facts after a comparison of a range of options. Ability to accurately interpret risk findings and decide on suitability mitigation measures Ability to diagnose and analyse issues, assess risks to the business and to take initiative towards the resolution of issues identified in a timely manner Ability to produce innovative solutions to problems. DEGREE OF DIFFICULTY Role requires ability to assemble relevant data and subject same to in-depth evaluation and risk analysis in order to meet set objectives. Ability to multi-task and maintain sustained concentration to solve complex problems. AUTONOMY OF DECISION Decisions made by the job holder will be guided by the Bank’s standards, policies as well as external regulatory standards Recognises priorities and weighs up different options to determine potential risk and benefits, prior to making recommendations to the CRO The jobholder can make independent decisions within his/her delegated area of authority. AREA OF INFLUENCE 3 CORPORATE/BUSINESS AWARENESS Responsible for training, career development and coaching of others Controls moderate resources assigned to the role IMPACT OF INFLUENCE ON TARGET ACHIEVEMENT The jobholder provides information and advisory to other functional areas of the Bank to achieve overall corporate objectives. 4