Treasury – Funds Transfer Pricing Specialist

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Job Summary

The purpose of the role is act to provide critical support to the AR funds transfer pricing (FTP) team at Centre and across the AR Region. This entails performing detailed calculations, modelling and analysis in relation to the pricing of AR related assets and liabilities, in line with the AR FTP framework.

Job Description

Key accountabilities

Key Accountabilities:

• Implement coherent management information solutions and produce necessary reports to improve the understanding and transparency of FTP on business P&L, engaging Treasury, Finance and Technology stakeholders as required.

• Produce monthly Management Information required to track and explain monthly FTP results with ARO Treasurer and Country FTP leads, ensuring that FTP impacts on Business are fully understood, including performance to budgets and financial plans.

• Support the AR Treasury Behavioural modelling requirements - Work closely with the Country Treasury teams to advise on potential enhancements to risk methodologies and models used to determine the behavioural profile of products. This includes determining any new methodologies required to support new products.

• Support the ,modelling of the behavioural profiles for the relevant asset and liability products and lead engagement with Finance and business to review, challenges, approve and implement the results.

• Establish strong working relationships with ARO Treasury and Business leads, developing an understanding of growth strategies, business challenges and distribution channels, and the changes required to FTP in country.

• Develop and maintain a detailed understanding of business outlooks and the projected FTP impact on business. Monitor performance on a current and projected basis and determine and advise the Heads of FTP of potential actions that can be taken to support business and treasury targets.

• Provide key FTP inputs into planning and budgeting process, working with finance team. Scrutinise inputs and results for reasonableness.

Role/Person specification

Education and experience required

• B-degree/ Postgrad/CA(SA)

• > 5 years (Technical/Managerial) Finance; Balance Sheet management experience; SAS or equivalent modelling

• 3-5 Years Funds transfer pricing experience

• 3-5 Years in a treasury environment

Knowledge and skills: (Maximum of 6)

• Highly numerate with a strong analytical background.

• Strong experience with senior management reporting, influence and stakeholder management

• SAS or equivalent Modelling and Balance Sheet management experience

• Banking experience in a treasury environment, risk or finance

Competencies: (Maximum of 8 competencies)

• Sound attention to detail and diligent in managing processes to a high standard

• Keen interest in developing technical skills in risk management and the impact of in-country market dynamics on FTP

• Good communicator and able to present technical content in a meaningful manner to management

• Well organised and able to manage multiple responsibilities to deadlines

• Able to interact efficiently and professionally with business stakeholders.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised