Senior Specialist: Pricing

Job Summary

• Ensure effective and timely communication to Entities and Business leads on the monthly changes in FTP in relevant countries, advising of changes in pricing curves and drivers of impact on Business PnL

• Conduct sensitivity and “what-if” analysis as required to understand potential FTP outcomes and related risks for new products, changes proposed to FTP methodologies and strategic overlays

• Lead the production of training material, AR Treasury Committee governance papers, ensuring the appropriate governance is followed for FTP changes and proposals.

• Lead the review and refresh of the AR FTP Policy and required Standards

• Ensure FTP curves are effectively set and communicated for LCY and FCY to Business and ARO Treasury Centre in line with the ARO Funds Transfer Pricing Standard and the Bank’s internal governance requirements

• Deep subject-matter- expertise in Funds Transfer Pricing methodologies and implementations in large commercial banking groups, ideally with Africa Regional experience

• Highly numerate with a strong analytical background.

• Strong experience with senior management reporting, influence and stakeholder management in an Africa Regions role ideally

• Sound attention to detail and diligent in managing processes to a high standard

• Keen interest in developing technical skills in risk management and the impact of in-country market dynamics on FLM and FTP

• Effective communicator and able to present technical content in a meaningful manner to Senior management, driving strong strategic leadership and execution of FTP with Business management

• Well organised and able to manage multiple responsibilities to deadlines

• Able to interact efficiently and professionally with business stakeholders.

• Proficiency in data analysis tools (Excel, Power BI, Financial reporting systems)

• Banking regulation (Expert)

• Writing & reporting (Advanced)

• Presentation skills (Advanced)

• Understanding of systems used (Advanced)

• Excellent planning and organisational skills (Advanced)

• Excellent communication skills (Advanced)

• Relationship management and networking (Advanced)

• Strong performance management and coaching skills (Advanced)

• Ability to think creatively (Advanced)

• Ability to react positively under pressure (Advanced)

• Good understanding of the policies and strategies (Advanced)

• Understanding of Banking operating structures (Advanced)

• Change management (Advanced)

Education And Experience Required
 

• Minimum B-degree (NQF level no.7)

• 10+ years professional financial management experience

• Preferred team lead in a Treasury or Finance FTP Function teams or in professional environments

• Experience in business transformation contexts related to business growth

• Experienced in Senior Management and Committee management

• Broad Finance including strategic, commercial, legal, risk and operational aspects

• Ability to build, develop & lead professional level teams

• Understanding of the financial services sector within a professional business environment

• Knowledge of people change management

Education

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

• Lead engagement with AR Global Markets team, ensuring funding limits and exposures are effectively implemented and monitored, in support of Business growth and Entity liquidity requirements at least on a monthly basis

• Maintain a credible relationship with this Trading business ensuring the FLM and FTP frameworks are well understood by the Centre and Country GM business teams, in line with the AR Treasury and AR Global Markets mandate

• Ensure timely engagement and response to this Business team ensuring effective support to the Business

• Lead the setting of  FTP curves with in country Treasurers for MTP, STP, RAF ensuring the current and projected operating environment is effectively reflected in pricing curves

• Lead the quantification of PnL impacts on Business through the planning period and ensure curves are provided to Centre Business in a timely manner ahead of the Business planning process commencing.

• Lead FTP engagements with the AR Heads of FTP, Finance, AR Treasury Committee, Country ALCOs and AR Business Forums, advising on strategic planning requirements; determining changes required to FTP and preparing updates for the relevant AR and Group Commitees as part of the integrated planning process