Head of Asset
1 week ago
Job Purpose:
Oversee ABK balance sheets (local and foreign) to maximize profits within defined risk and regulatory parameters. Conduct thorough analysis and provide strategic advice to dealers.
Generic Responsibilities:
- Corporate Governance and Compliance: Work fully within risk policies and procedures and compliance regulations and ensure all divisional activities comply with corporate governance & regulatory/legal frameworks
- Policies & Processes: Oversee the development and implementation of policies and procedures to ensure consistency with corporate governance principles and support the achievement of ABK's goals.
- Risk Management: Oversee risk mitigation strategies to minimize potential losses and ensure continuity of operations.
- Compliance: Oversee compliance frameworks in the function and advice on identified areas of improvements.
- People management: Manage, motivate & develop employees and the team in line with ABK people policies & practices.
Core Responsibilities:
- ALCO Coordination: Collaborate with the Treasurer (local and branch) to provide ALCO with a timely overview of group operations.
- Dealing Oversight: Monitor individual branch balance sheets and provide guidance to operational staff (dealers) on compliance with necessary ratios.
- Money Market Positions: Monitor cash flow and liquidity, ensuring alignment with internal and external requirements, especially regarding regulatory compliance (LCR, MLL, etc.).
- Reporting Management: Oversee internal and external reporting to meet regulatory standards and internal requirements.
- New Products Development: Contribute to the development of innovative products aimed at increasing customer penetration and profitability.
- Compliance Oversight: Manage compliance activities, ensuring all dealing activities adhere to established limits.
- Strategic Planning: Develop and implement strategic plans for ALM in alignment with the overall organizational objectives.
- Risk Management: Identify and assess risks associated with balance sheets, providing proactive risk mitigation strategies.
- Market Analysis: Stay abreast of market trends and conduct thorough analysis to make informed decisions.
- Stakeholder Engagement: Foster effective communication and collaboration with internal stakeholders, ensuring a cohesive approach to financial strategies.
Knowledge:
- In-depth knowledge of relevant regulatory environments.
- Strong understanding of compliance and risk management.
- Proven track record in financial markets.
- Experience with technical, operational, and ALCO requirements.
Experience & Skills:
- Minimum of 7 years of experience with proven track record in developing and launching successful banking products
- Profound understanding and application of regulatory environments.
- Significant impact on operational and consolidated balance sheets.
- Maintenance of competitive CoF & ratio relativities compared to the market.
- Establishment as a trusted advisor to operational staff within our entities.
- Influence on senior stakeholders towards shared objectives.
- Subject matter expertise in the product development process
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