Job vacancy Funding Liquidity Specialist at FNB Lesotho

To contribute to the funding strategy of and enable the planning and control processes that maintain the liquidity profile in line with regulatory requirements and internal risk appetite. Use subject matter expertise on funding and liquidity management to provide solutions to optimises funding and liquidity to support the balance between the commercial needs of the organisation with prudential liquidity risk management framework, guidelines and regulations.

• Analysing and identifying shortfalls or weaknesses in Bank’s internal liquidity and funding frameworks.
• Contributing ideas and making proposals on the redesign of the internal liquidity and funding models and frameworks.
• Support with the development frameworks using respective methodologies to facilitate asset and liability management, funding and liquidity planning and internal limit stress testing and capital management solutions.
• Design and implementation of processes to facilitate asset liability management, funding and liquidity planning and stress testing and capital management.
• Review internal processes and controls against leading Liquidity practices and industry frameworks, identify gaps in design and execution, and communicate issues and recommendations to leaderships.
• Conduct testing and validating of the Liquidity Coverage Ratio (LCR), NSFR, Basel, Comprehensive Capital Analysis and Review (CCAR) Liquidity Coverage Ratio reporting, FR 2052a and Liquidity Stress Testing.
• Build Liquidity tools that enable the efficient utilization of capital and liquidity resources, consistent with regulatory expectations.
• Leading initiatives under Liquidity Reporting Program (one of Treasury’s top priorities) which aims to improve timeliness of liquidity reporting.
• Working closely with the cross-functional teams and reporting teams to assist with the continuous improvement of process.
• Preparing analysis for senior management, assisting with responses to regulatory queries, and drafting of Treasury’s contributions to regulatory submissions.
• Leading various efforts on the redesign of the Bank’s internal liquidity and funding frameworks and models, including defining, managing and executing deliverables in partnership with the Treasury Liquidity Management and other Treasury teams, Liquidity Risk Management, Finance Reporting teams and Global Technology.
• Working closely with business groups to recalibrate the internal liquidity and funding models.
• Working closely with peers in the other major Treasury hubs to ensure consistency of model development and sharing of best practices and ideas.

Application Closing Date: 16/05/24

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.