Job Summary

• Assist in developing and implement best practice investment strategies with respect to asset allocation and portfolio construction for the Bank’s HQLA Portfolio.
• Assist in the management of the Bank’s Structural Hedging Programme and other interest rate risk mitigation.
• Identifying investment opportunities, collaborate with the team in order to advise and influence the shaping of the Group’s balance sheet.
• Mitigating foreign exchange and accounting risk of all Banking book non – traded market risk.
• Presenting of thought leading financial market research and outlooks using local and global counterparties to influence group strategy and deployment of financial resources.
• Preparing and report performance of all portfolios under management of the Investment Function Team.

Job Description

Accountabilities:

• Daily operational requirements of deal capturing, client interaction, trade queries and price quoting.
• Building quantitative financial models to forecast and optimise portfolio returns and support key decision making.
• Real-time analysis of market rates and timeous execution of financial instruments including (Bonds/Derivatives/Money Market/Collateral/FX).
• Tracking global economic developments and its impact on financial markets.
• Daily market update to stakeholders regarding key market and economic developments.
• Creation of macro dashboards for reference and to support decision making applicable to the Structural Hedge Portfolio/HQLA portfolio.
• Anticipating market developments and identifying trade opportunities with risk-adjusted superior returns.
• Assist in managing the bank’s HQLA investment portfolio, including making investment decisions, monitoring risk and reporting/forecasting returns through scenario analysis.
• Assist in managing the bank’s Structural Hedge Programme, including scenario analysis, execution strategy and forecasting key portfolio attributes evolution of the Programme.
• Hedging Group subsidiary FX flows.
• Precise/timeous execution of financial instruments with internal and external counterparties.
• Daily interaction with Absa GM Trading desks.
• Understanding the sensitivity to the Bank’s Intraday Liquidity position, Wholesale Funding Targets, Economic Funding Model and its implication on regulatory ratios (LCR/NSFR).
• Team Dynamics – Team Player – through driving core values of innovation, being dynamic and motivated.
• Good communication skills are a key requirement of the role.

Accountability: Stakeholders

• Engage with and maintain good relationships with key internal and external stakeholders including Regulators, international banks, Absa Trading desks, research analysts as well as Group Treasury partners.
• Play a positive role in Corporate Citizenship.

Accountability: Regulatory

• Adhere to all Absa Compliance requirements, regulatory frameworks and policies.
• Knowledge of regulatory impacts i.e. Basel 3, LCR, NSFR etc. Optimize positioning to adhere to requirements while enhancing return for the firm.

Accountability: Revenue and Risk

• Using derivative products to hedge investment activity where required and general risk management of the book.
• Overlay derivative strategies on the book to enhance revenue on the portfolios (Structural Hedge and Liquid Asset portfolio) within risk parameters.
• Using FX products (Cross Currency swaps, Int rates swaps, FX spot) to diversify investments while considering credit exposure in the HQLA portfolio.
• Continuous monitoring of opportunities in markets. Prompt decision and execution within risk limits.

Education and Experience Required

• Bachelor’s degree in Business, Economics, Finance or Quantitative field.
•  5+ years experience in fixed-income trading, structuring, portfolio management or other Front Office role.
• Prior Treasury portfolio management experience would be advantageous.

Knowledge & Skills: (Maximum of 6)

• Strong analytical ability or technical concentration including analysis of intraday cash, Fixed Income and market patterns.
• Ability to work well in team environment.
• Creative thinking and ability to apply to our operations
• Professional work ethic and positive attitude
• Proficiency with Excel
• Attention to detail is crucial

Competencies: (Maximum of 8 competencies)

• Deciding and initiating action
• Learning and researching
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating

Education

• Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

End Date: June 25, 2025