ASSET AND LIABILITY MANAGEMENT (ALM) OFFICER (Grade: ZNBS 6)
Job Purpose
To provide effective and timely resolution of Balance Sheet risks and to provide forecast information to the Asset and Liability Management Committee (ALCO) to aid decision-making.
- Cashflow planning and forecasting.
- Capital planning and allocation.
- Preparation of the Funds Transfer Pricing report.
- Develop scenarios and assumptions for stress testing liquidity, interest rate and capital risks.
- Conduct risk-adjusted performance measurement.
- Monitoring, reviewing, and providing assessment of ALM strategies.
- Preparation of monthly and quarterly ALCO reports.
- Balance Sheet optimization strategies
- Monitor and manage the Society’s maturing investments in Government securities and re-investing at
- the most profitable rates as well as reinvesting for customers as required.
- Advise businesses on short-term strategies to manage money market exposure.
- Ensure deposit and funding rates are competitive to develop and increase relations with customers.
Qualifications and Experience
- Grade Twelve (12) certificate.
- Full ACCA, CIMA, Bachelor’s Degree in Accountancy or equivalent.
- At least 2 years of relevant banking experience.
- ACI Dealing Certificate will be an added advantage.
Required Competencies
- Financial Analysis
- Business Acumen
- Data Analysis
- Report Writing
- Problem-solving skills.
- Strong communication skills.
- Strong Analytical skills.
- Demonstrated numerical and presentation skills.
- High integrity and confidentiality
- Good interpersonal skills
Appropriately qualified and interested candidates meeting the above credentials must submit application letters enclosing a detailed curriculum vitae (CV), traceable referees, and copies of academic/professional qualifications to the undersigned by Wednesday 13th March 2024 17:00 hours.
Director Human Resources
Zambia National Building Society
Century House, 3rd Floor, Cairo Road
P O Box 30420
LUSAKA
Please note that only shortlisted candidates will be contacted.