The Group Asset and Liability Manager is responsible for Asset and Liability Management (ALM) and risk management across the Group and its subsidiaries. This strategic leadership role includes managing interest rate, currency, and liquidity risks; optimizing capital allocation across jurisdictions; and aligning local ALM practices with Group-wide standards. The role also carries responsibility for institutional debt raising and managing relationships with debt investors. The ideal candidate must have prior experience within the Banking sector.
Key Responsibilities
Strategy Development: Develop and implement the Group’s consolidated ALM strategy, ensuring alignment across subsidiaries.
Funding Strategy: Design and execute a Group funding plan, balancing local subsidiary needs with centralized funding efficiencies.
Debt Management: Develop a debt-raising strategy for the next 3 – 5 years, including managing the financial model.
Capital Allocation: Collaborate with the Risk and Finance teams to allocate capital and funding based on risk-adjusted returns.
Reporting and Dashboards: Prepare consolidated ALM dashboards, liquidity reports, and funding updates for the Group ALCO and the Board.
Subsidiary Coordination: Develop policies, practices, and reporting protocols, working specifically with the Tanzanian subsidiary’s finance function, while other subsidiaries are managed by Group Finance.
Requirements and Qualifications
Education: Bachelor’s degree in Finance, Economics, or a related field (BA/BSc/HND); a Master’s degree (MBA/MSc/MA), CFA, or FRM is preferred.
Experience: 3+ years of experience in ALM, Treasury, or Capital Markets roles within financial services. Prior experience within the Banking sector is mandatory.
Sector Expertise: Strong understanding of cross-border funding, foreign exchange exposure, and multijurisdictional regulatory frameworks.
Operational Scope: Experience in multi-country or Group settings is essential.
How to Apply
Interested and qualified candidates should apply online by visiting the application portal at Summit Recruitment and Search.
How to Apply
Interested and qualified candidates should apply directly through the recruitment portal: https://www.myjobmag.co.ke/apply-now/1169654. Please follow the instructions on the Summit Recruitment and Search website.
