Head, Funds Transfer Pricing

  • Full-time
  • Business Segment: Group Functions

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

To establish, lead and drive the strategy and direction of Funds Transfer Pricing (FTP) across the entire SBG, all its legal entities and various Business Units. To deliver value for the Group and facilitate franchise growth by ensuring that FTP methodologies enable the effective allocation of costs, risks and benefits of funding and interest rate risk to Business Units based on assets' and liabilities' liquidity characteristics, while also reflecting the regulatory and internal constraints.

Qualifications

Minimum Qualifications
Type of Qualification: Post Graduate Degree
Field of Study: Finance and Accounting, Mathematical Sciences


Experience Required
Treasury Capital Management
More than 10 years
Seasoned incumbent with deep specialist FTP experience gained from a large complex bank, dealing with exposure in both wholesale and retail sectors, is non-negotiable. Able to interact at a senior level with key industry, regulator & Group staff on technical aspects relating to FTP. Understand the technical accounting implications of the various approaches in responding to changes in the balance sheet and interest rates / market conditions.

  • A post graduate degree in Finance and Accounting, Mathematical Sciences or Econometrics is a minimum requirement for this role.
  • A Masters degree in Mathematical Sciences or Econometrics would be beneficial and provide the required level of credibility for this role to shape the strategy of the Bank by ensuring alignment between delivering value and risk appetite.
  • Certified Financial Risk Manager (FRM), Chartered Financial Analyst (CFA) and/or Professional Risk Manager (PRM) would be beneficial.
  • Chartered Accountant qualification and South African Institute of Chartered Accountants (SAICA) certification / Chartered Institute of Management Accountants (CIMA) certification.

Additional Information

Behavioral Competencies:

  • Articulating Information
  • Challenging Ideas
  • Checking Details
  • Developing Expertise
  • Developing Strategies
  •  

Technical Competencies:

  • Financial Analysis
  • Financial Acumen
  • Financial Management 
  • Interpreting Financial Statements
  • Liquidity Management
  • Planning, Forecasting and Budgeting
  • Statistical & Mathematical Analysis

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