Senior ALM & Liquidity Risk Manager

Boardroom Appointments; Sandton; On-site; ZAR 1,200,000 - 2,100,000; Full time

Job summary

Boardroom Appointments is seeking an accomplished ALM and Liquidity Risk specialist to lead the risk engine program within Treasury and Capital Management. The role focuses on training, data integrity, and delivering forward-looking risk reports for internal and regulatory purposes.

Requires 8–10 years in ALM, Liquidity, FTP and IRRBB, plus hands-on modeling, data quality oversight, and cross-country training experience. Based in Sandton with global collaboration.

Qualifications

• Matric and relevant tertiary qualification (Degree or Post Graduate Degree).
• 8 to 10 years deep specialist experience within the banking industry, specifically in: Liquidity Risk, Balance Sheet Management, Asset and Liability Management (ALM), Interest Rate Risk in the Banking Book (IRRBB), Forecasting and Management Accounting.
• 8 to 10 years experience in applying mathematical and statistical skills in designing and reviewing models.
• 8 to 10 years practical experience in: ALM, Liquidity, Funds Transfer Pricing (FTP), and IRRBB.
• Designing and implementing solutions in a risk calculation engine.
• Overseeing data quality and managing implementation of related projects.

Responsibilities

• Act as the subject matter expert in training and developing ALM risk engine users within the Treasury and Capital Management function.
• Collaborate with regional Balance Sheet Management teams to generate forward-looking risk data reports and automate regulatory processes.
• Ensure compliance with BSBC239 principles and data integrity requirements from Regulatory Bodies.
• Guide and monitor the Asset Liability Management Functional budget, ensuring effective control over expenditure.
• Develop and maintain the ALM Functional Framework (strategy, policy, process, standards,
• Deliver accurate Liquidity and IRRBB metrics for internal and regulatory reporting, as well as consolidated Group returns.
• Lead training initiatives across countries and regions on the risk engine and enhance its usage across The Company.
• Participate in committees and forums to validate ALM Framework implementation and risk engine processes.
• Manage relationships with IT and ALM teams to meet reporting requirements and maintain data flow accuracy.
• Maintain and enhance risk engine procedures ensuring alignment with entity-specific and Group TCM standards.
• Research and evaluate in-country dynamics and regulatory environments for informed ALM decisions.
• Lead business assumption validation and behavioural profiling within the risk engine.
• Formulate and apply model assumptions based on deep business and ALM expertise (e.g., liquidity, IRRBB, FTP).
• Ensure ALM model data integrity and reporting congruence by testing input and output accuracy.
• Set best practices for monitoring compliance with TCM policies and standards via the risk engine.
• Validate sub-ledger data in collaboration with Finance and IT to ensure reconciliation with general ledgers.
• Engage internal and external stakeholders (Exco, entity execs, auditors, analysts, etc.) on ALM and technology stack matters.
• Lead accurate, timely production of management reports, stress testing, forecasts, and ALCO input.
• Define and execute risk technology strategy aligned with business needs through scenario modelling and analysis.
• Provide expert advice on ALM and Liquidity Risk, conduct training, and present in relevant forums and workshops.
• Liaise with software vendors to remain current on engine functionalities and lead Business/IT development efforts.
• Prepare monthly and daily ALM input for the Groups Annual Financial Statements ensuring accuracy.

Skills

Liquidity Risk

Balance Sheet Management

ALM

IRRBB

Forecasting

Management Accounting

Mathematical Skills

Statistical Skills

OLAP

Multi-Dimensional Analyses

Data Quality Oversight

Regulatory Reporting

Education

Matric and relevant tertiary qualification (Degree or Post Graduate Degree)

Tools

SQL

SAS

VB

Job description

Boardroom Appointments is seeking an accomplished ALM and Liquidity Risk specialist to lead the risk engine program within Treasury and Capital Management. The role focuses on training, data integrity, and delivering forward-looking risk reports for internal and regulatory purposes.

Requires 8–10 years in ALM, Liquidity, FTP and IRRBB, plus hands-on modeling, data quality oversight, and cross-country training experience. Based in Sandton with global collaboration.