General Manager, Balance Sheet Management

Key Responsibilities

• Ensure Business Profitability through management of funds to maintain optimal balances, management of liquidity, and interest rate risk and maximizing excess investment cash.
  

• Formulation of Asset Liability and Investment strategic plan for the department in order to meet Liquidity, revenue, investment income, Securities Trading profits and cost management targets.
  

• Establish and maintain relationships with local and foreign counterparties and in the process enhance lines with counterparties - local and international.
  

• Identify and Manage market and settlement risks that the department faces on a day-to-day basis. Also, ensure that all dealers stick to counterparty trading and credit limits.
  

• Establish and maintain high level contacts with current and targeted customers, regulatory authorities and product partners.
  

• Ensure compliance with bank's set risk thresholds as well as regulatory limits set by the Central Bank of Kenya.
  

• Assist the treasurer and ALCO in formulation and implementation of department and bank strategic plans.
  

• Arrange and attend Meetings with the Central Bank of Kenya / Key banks & Brokers, Money Market teams.
  

• Streamlining operation procedures and also improving on the same when necessary.
  

• Ensure compliance with all Risk and KYC standards.
  

• To arrange for Training and Development of reporting staff to acquire and improve their job knowledge and to prepare them for future leadership positions.
  

• Create a professional, proactive, and performance-driven culture across the department, through motivating staff by communication and involvement, objective setting and appraisal, training and development, and recognition and appropriate reward, to enable them deliver high-quality output.
  

• The role will be a proxy to the FX Trading Desk.
  

Key RelationshipsCustomers of this position

• All Banks and FIs
  
• Counterparties for dealings of securities
  

Qualifications & ExperienceAcademic and Professional Qualifications

• Bachelor’s degree in related specialization of study.
  
• Relevant Professional Qualification.
  
• Member of a relevant professional body.
  
• Proficiency in Microsoft Office Suite.
  

Work Experience

• Minimum of 6 years overall experience and out of which at least two (2) years should be at managerial level.
  

Skills and Competencies

• Demonstrate high levels of integrity.
  
• Ability to communicate both inside and outside the organization, Formal presentation.
  
• Dynamic, analytical and self-driven individual with the ability to work under pressure.
  
• A passion for performance, team player and achievement in a competitive and dynamic environment.
  
• Hardworking, strategically minded individual with excellent communication and interpersonal skills.
  
• Thorough understanding of the Forex procedures, Prudential Guidelines and practice and the ability to interact with all levels of management and staff.
  
• Must have excellent leadership, organizational, and planning skills.
  
• Good analytical skills and problem-solving skills.
  
• Excellent negotiating and interpersonal skills.
  

Accountability

• Delegated Authority
  
• Management of ALM.
  

Key Responsibilities

• Ensure Business Profitability through management of funds to maintain optimal balances, management of liquidity, and interest rate risk and maximizing excess investment cash.
  

• Formulation of Asset Liability and Investment strategic plan for the department in order to meet Liquidity, revenue, investment income, Securities Trading profits and cost management targets.
  

• Establish and maintain relationships with local and foreign counterparties and in the process enhance lines with counterparties - local and international.
  

• Identify and Manage market and settlement risks that the department faces on a day-to-day basis. Also, ensure that all dealers stick to counterparty trading and credit limits.
  

• Establish and maintain high level contacts with current and targeted customers, regulatory authorities and product partners.
  

• Ensure compliance with bank's set risk thresholds as well as regulatory limits set by the Central Bank of Kenya.
  

• Assist the treasurer and ALCO in formulation and implementation of department and bank strategic plans.
  

• Arrange and attend Meetings with the Central Bank of Kenya / Key banks & Brokers, Money Market teams.
  

• Streamlining operation procedures and also improving on the same when necessary.
  

• Ensure compliance with all Risk and KYC standards.
  

• To arrange for Training and Development of reporting staff to acquire and improve their job knowledge and to prepare them for future leadership positions.
  

• Create a professional, proactive, and performance-driven culture across the department, through motivating staff by communication and involvement, objective setting and appraisal, training and development, and recognition and appropriate reward, to enable them deliver high-quality output.
  

• The role will be a proxy to the FX Trading Desk.
  

Key RelationshipsCustomers of this position

• All Banks and FIs
  
• Counterparties for dealings of securities
  

Qualifications & ExperienceAcademic and Professional Qualifications

• Bachelor’s degree in related specialization of study.
  
• Relevant Professional Qualification.
  
• Member of a relevant professional body.
  
• Proficiency in Microsoft Office Suite.
  

Work Experience

• Minimum of 6 years overall experience and out of which at least two (2) years should be at managerial level.
  

Skills and Competencies

• Demonstrate high levels of integrity.
  
• Ability to communicate both inside and outside the organization, Formal presentation.
  
• Dynamic, analytical and self-driven individual with the ability to work under pressure.
  
• A passion for performance, team player and achievement in a competitive and dynamic environment.
  
• Hardworking, strategically minded individual with excellent communication and interpersonal skills.
  
• Thorough understanding of the Forex procedures, Prudential Guidelines and practice and the ability to interact with all levels of management and staff.
  
• Must have excellent leadership, organizational, and planning skills.
  
• Good analytical skills and problem-solving skills.
  
• Excellent negotiating and interpersonal skills.
  

Accountability

• Delegated Authority
  
• Management of ALM.