Treasury Analyst

Santam; Johannesburg; On-site; ZAR 500,000 - 700,000; Full time

Job summary

A leading insurance provider in Southern Africa is seeking a Treasury Analyst to join their Group Treasury department. You will manage foreign currency dealings, optimize yields, and support the Treasury Operations Manager in liquidity management and financial reporting. Candidates must have a BCom degree and at least 5 years of Treasury operations experience. The role is based in Johannesburg or Cape Town and offers a dynamic work environment.

Qualifications

• Minimum of 5 years’ experience in Treasury operations or Global Markets Banking environment.
• Experience in Treasury front-office operations, liquidity, and foreign currency management.
• Strong understanding of financial instruments and settlement processes.

Responsibilities

• Support the design and implementation of the financial analysis framework.
• Perform daily Treasury front-office activities and execute FX deals.
• Prepare the Group’s daily Treasury report, including cash and currency positions.

Skills

Systemic thinking

Project management skills

Highly analytical

Proactive mindset

Stakeholder management

Education

BCom / B Bus Science / Banking degree

Postgraduate degree in Banking

Professional Treasury certification

Job description

What will you do?

Santam Ltd is seeking a passionate, proactive, and innovative self-starter for the position of Treasury Analyst within the Group Treasury department, reporting to the Treasury Operations Manager. This role can be based at our offices in Cape Town or Johannesburg.

We are looking for an experienced Treasury professional with a proven track record to join our growing team. The role involves working with various businesses within the Santam Group to execute foreign currency dealings, optimize yields, and improve efficiencies.

The Treasury Analyst will support the Treasury Operations Manager in implementing the Group Treasury Strategy, focusing on liquidity management, foreign currency management, cash flow forecasting, financial performance, and compliance reporting.

What will make you successful in this role?

• Support the design and implementation of the financial analysis and reporting framework within the Treasury Management System.
• Perform daily Treasury front-office activities, execute FX deals (vanilla, swaps), and short-term investments with banking institutions.
• Manage ad-hoc projects related to Treasury automation and innovation initiatives.
• Prepare monthly dashboards and perform Treasury analytics for decision-making and reporting using the TMS system.
• Manage daily cash operations, monitor exposure risks, and oversee cash pooling agreements.
• Manage investments of the Group’s surplus short-term cash.
• Prepare the Group’s daily Treasury report, including projecting close-of-day positions for cash and foreign currency accounts.
• Liaise with stakeholders within the Group regarding liquidity needs and month-end reporting.

Qualification and Experience

• BCom / B Bus Science / Banking degree (essential).
• Postgraduate degree in Banking (advantageous).
• Professional Treasury certification (advantageous).
• Minimum of 5 years’ experience in Treasury operations or a Global Markets Banking environment (non-negotiable).
• Banking internship experience (advantageous).
• Experience in Treasury front-office operations, dealing desk, liquidity, and foreign currency management (spots, forwards, hedging, risk management).
• Strong understanding of financial instruments, vanilla products, and settlement processes (non-negotiable).

Skills

• Systemic thinking.
• Project management skills.
• Highly analytical with strong attention to detail.
• Proactive and agile mindset.
• Comfortable with complexity and ambiguity.
• Financial acumen with a proven ability to provide business insights.
• Ability to operate in a fast-paced, constantly changing environment.
• Stakeholder management skills.
• Ability to work independently as a self-starter.

Core Competencies

Innovation, customer focus, results-driven, collaboration, resilience.

About The Company

Santam is a leading general insurance provider in Southern Africa, committed to transformation and growth. Headquartered in South Africa, we are expanding into emerging markets across Africa and Asia.

Serving over 1 million policyholders, we cater to individuals, businesses, and institutions, including 80 of the Top 100 JSE-listed companies. We believe in providing peace of mind through our commitment to integrity and excellence.

We value diversity, inclusion, and belonging, and are an equal opportunity employer encouraging applications from all backgrounds, including persons with disabilities and neurodiverse individuals.