Head of Treasury

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Data de Expiração: 19/03/2026

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Job Summary

The role holder will play a key role in generating, evaluating and making recommendations on Treasury business (in conjunction with the Head of Balance sheet Management, Liquidity Management and Treasury Execution Services), to the in-country CFO, ARO Treasurer and Group Treasury.

Job Description

The role holder will have accountability and responsibility for the overall Management of Liquidity, Balance sheet and Interest rates risk and Capital for Absa Bank of Mozambique Treasury.
Responsible for costs and revenues for the Treasury business in Mozambique.
Treasurer to ensure governance and Treasury best practice is evident in all aspects of the Treasury function in country.
Accountability for the introduction and maintenance of effective Treasury and liquidity.
Play a key role in the effective management of the balance sheet and associated risks through value adding strategies, together with the other ALCO members.
Effective interaction with industry players and regulators.

Business Strategy :

Prepare and agree a Treasury Business Plan with the country executive that encompasses and supports the Treasury Strategy.
Acquiring approval from the ARO Treasurer and in country CFO for the plan.
Disseminate the objectives and strategies of the plan to staff.
Manage Country Specific Funding Plan

Business Development and Control:

Work to maintain an orderly and efficient marketplace within the country drawing on support from the central bank, local banks and regulatory authorities.
Investigate, develop and promote new Treasury products and services as required by Treasury internal customers and external customers of the bank.
Play a leading role in the development of new products
Work closely with Absa ARO Treasury and or Group Treasury in the promotion of new products and services.
Attend to all performance and risk management issues and always communicate to ARO Treasurer and in-country CFO.
Adhere to all limits without exception.
Ensure effective management of Treasury so that satisfactory audit outcomes are achieved.

Income, Cost and Operational Objectives:

Provide support and assistance to internal and external auditors of the bank wherever required
Strive to achieve a zero-defect operational standard.
Proactively manage all interest rate risks associated with the gathering of liabilities and assets within the country operation where this is the direct responsibility of Treasury.
Ensure that all interest rate risk is minimized or managed within guidelines, limits set by the bank and in adherence to regulatory requirements.
Ensure that the liquidity of the bank always meets bank/regulatory requirements.
Ensure that FX risk and liquidity exposure is optimized and managed within limits always granted by the bank.
Manage and maintain foreign currency nostro and vostro accounts within set guidelines.
Minimize the cost of maintaining such accounts and minimize balances at all times.
Maintain a thorough knowledge of capital management issues and contribute to the efficient allocation of capital across business units.
Always apply the transfer pricing policies of the bank.
Ensure all financial and non-financial targets are met.
Champion the ALM process and add value through efficient balance sheet management to the ALM process as required within the guidelines set by the bank.
Ensure Capital Deductions and Provisions relating to Pension Risk are calculated, included in the regulatory reports and capital plans, and reported to the relevant forums.

Systems and Management Information:

Maintain and develop accurate management information.
Provide timely reporting of limits excesses, P&L, capital consumption and segmented performance information as required by the Group and ARO Treasury as directed from time to time.

Staff Management and Development:

Define the targets and responsibilities of desk heads (Balance sheet management, liquidity management, Capital and Treasury Execution) under the approval of the ARO Treasurer and in-country CFO and manage and implement the performance contracts of all Heads of Functions as well as all dealers in the ALM.
Meet staffing numbers and skill/experience levels as directed by the ARO Treasurer and informed by Country strategy and implement the preferred model for Treasury.
Maintain and foster a focused, top class work culture of all Treasury employees.
Ensure that staff pursue goals and training to maximize their potential.
Identify and develop successor(s) planning at all levels in the management hierarchy and include cross training as part of a defined staff development plan.
Implement a high-performance culture within Treasury.

Executive Management Contribution:

Represent Treasury at all senior executive country forums.
Form close working relationships with country management.
Actively relate to and support local industry forums.
Actively maintain a dialogue with the central bank.
Actively develop customer contacts for Treasury products and services.

Leadership:

Establish and embed the values, behaviours and risk appetite that underpin the achievement of Absa Mozambique’s objectives.
Supervise direct reports to ensure effective daily operations, alternatively contribute to the broader team;
Support the line manager for the area to develop a high performing team by conducting daily and weekly operational performance discussions and assisting employees to prepare the portfolio of evidence for formal performance development discussions;
Coach and mentor team members on a daily basis on how to improve their own productivity and use of the bank’s processes and systems. Coach team members on technical matters;
Based on training plans agreed with the line manager of the area, monitor team members to ensure that planned training is undertaken;
Establish and maintain a succession plan for the team.
Obtain the workforce and recruitment plans created by the line manager and plan execution within given timelines;
Make recommendations to the line manager on how to improve the plans and suggest how resources could be reallocated in case of excessive workload;
Review and update the team’s role descriptions on at least an annual basis to ensure that they are fit for purpose and contain all the accountabilities of each team member. Explain any updates to team members;
Review leave plans in place and make recommendations to the line manager to adjust the plans if required.