Treasury Execution Services Manager

Emprego

Data de Expiração: 19/03/2026

Job Description

Funding Curve/Book Ownership and Structure:

Develop local currency funding curves based on market factors and internal balance sheet structure
Drive strategy on local versus hard currency funding in the Bank and act as review and challenge for business
Set-up Treasury Funding Execution books and Treasury Execution Services (TES) Investment books and ensure full ownership of trades, bookings, P&L and Risk
Ensure any global changes in pricing of curves, hierarchy set-ups, or trade execution bookings are implemented in a timely manner
Develop and implement liquidity term premiums in local currency and ensure that these premiums are embedded in the FTP process in order to incentivize the correct behavior based on the balance sheet structure
Interact with business (Corporate, Business Banking and Retail) to ensure funding curve is appropriate for business strategies and provide training to businesses on funding curve construction
Cash flow management reports where applicable and daily and long-term view cash flow projections
Direct Dealing and Large deals management in liaison with Business Functions and establishing relationships with large fund providers.

TES Risk Management:

Liaise with FLM and ALM managers to ensure that all relevant businesses are transfer priced according to the Transfer Pricing policy in a consistent, transparent and fair manner
Ensure all the resultant risks, quantified above, are well understood and ensure the Funding Curve is set taking the above business risks into account
Develop strategies to reduce the balance sheets risks created in the normal course of banking business together with ALM, achieve these strategies by incentivizing business and by advising on products to be rolled out in the Retail, Commercial and Wholesale market
Represent TES on country / regional ALCOs as necessary do provide feedback on net risk positions and resultant Funding curve incentives
Provide country with insight into stress testing and work with Treasury ALM manager to highlight jurisdiction / country specific issues
Work with businesses on trades, to ensure compliance with liquidity regulations, whilst ensuring the best commercial outcome Work with Finance to implement hedge accounting solutions to better enable economic hedging of liquidity, whilst minimizing MtM accounting volatility, including hedging of Country FX risk in the Banking Book
Take Full ownership of TES risk positions, P&L generated, and actively manage both

Financing for the Firm:

Create wholesale funding franchise in Local Currency
Establish customer base and work with Sales/Business Functions to originate funding
Publish Fixed and Floating deposit screens to attract deposits and work with businesses to ensure smooth process of daily funding execution
Work with regulators and other interbank participants to develop the Money Market in country
When required, work with Debt Capital Markets (DCM) to issue senior debt in country
Coordinating with the local team the issuance of (where appropriate):
Unsecured funding (senior and subordinated capital)
Secured funding (securitization)
Managing the bond maturity (refinance) profile
Identifying new funding sources and diversification opportunities
Managing Investor relations & debt related investor enquiries

Investment:

Participating in the Treasury Investment Committee
Ensure optimal portfolio returns within investment committee mandates and strategy (liquidity first objective, IRR management second objective, optimization third objective in order of priority);
Managing Surplus Liquidity and Liquidity Buffers to optimise risk / return
Investment of Liquid Assets to meet regulatory requirements and serve as a hedge for structural balance sheet positions
Formulating and implementing efficient asset/tenor allocation strategies by staying close to the market and enhancing value for the firm
Enhancing portfolio yield relative to benchmark hedges provided by business within Market Risk guidelines
Compiling and distributing detailed MI on portfolio composition and performance and drivers of performance

Risk & Control/ Risk Management:

Ensure that the bank’s investments are managed within IRRBB limits;
Conduct a monthly investment Committee and ensure that:
- investment committee pack is done timely and minutes signed
- Investment decisions are made in line with the committee’s mandate and Terms of reference.
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Operational Risk Framework and internal Absa Policies and Standards.

Specifically on Regulatory Compliance:

Ensure compliance with Central Bank reserve requirements for both local and foreign currency
Ensure compliance with Central Bank Core Liquid Asset requirements
Ensure compliance with Central Off shore placement limits.

Leadership:

Supporting the TES team in achieving its objectives.
Providing on-the-job training to the TES team.
Ensuring that the TES team get the external training required for Treasury, including the ACI Dealing Certificate.
Facilitating the process of settling-in of new joiners and graduates.
Driving the teams to exceed their personal and team goals.
Assisting in the career development of the one-downs.
Tutoring and coaching when required.
The TES Manager is also responsible for the following:
Assist in hiring and retaining the Best People.
Implementing strategies to ensure that the business unit attracts, retains and develops talent.
Establishing and maintaining a succession plan for key roles in TES.
Managing the team Performance Development process to ensure measurement against business objectives and to address non-performance.
Contribute in the negotiation of Service level Agreements with supporting business unit heads (CIB, RBB, Operations, Risk) with the focus on performance turnaround.
Driving a culture of proactive compliance and risk management within the team.