Treasury Operations Manager (JHB)

Santam Insurance; Sandton; On-site; ZAR 1,800,000 - 2,400,000; Full time

Job summary

Santam Insurance is seeking a senior Treasury leader based in Sandton to oversee front and back-office operations, manage treasury teams, and direct cash and liquidity management, regulatory compliance, and banking relationships. The role requires extensive treasury leadership experience and strong risk management capabilities.

Responsibilities include funding and liquidity management, SARB regulatory compliance, and driving strategic financial planning across the Santam Group.

Qualifications

• Advanced skills in identifying, assessing, prioritising and managing risks.
• Ability to analyse threats and monitor emerging risks.
• Knowledge of high-risk financial activity typologies and related controls.
• Ability to implement processes for information and knowledge management.
• Strong negotiation skills to obtain consensus for treasury decisions.
• Proficiency in overseeing treasury functions, policies, KPIs and risk controls.

Responsibilities

• Treasury - develop and deliver operational plans aligned with treasury strategy.
• Organisational Risk Management - create contingency plans for risk processes.
• Leadership and Direction - communicate actions to implement the function's strategy and inspire the team.
• Performance Management - set objectives and drive team performance.
• Organisational Capability Building - identify development needs and coach others.

Skills

Risk Management Techniques

Threat Assessment

High Risk Typologies Methodologies

Knowledge Management

Negotiation

Treasury Management

Education

Postgraduate Degree

Job description

Career Opportunity

Santam is looking for a passionate, agile and innovative individual for a position within the Group Treasury department based in the Sandton office.

The successful candidate will be responsible for leading the front office and back-office operations.

Purpose of the Role

Oversees treasury operations and ensures effective cash, liquidity, and risk management. Manages treasury teams, banking relationships, and supports strategic financial planning and compliance.

The successful candidate will be responsible for managing the Treasury operational activities/processes for the Santam Group related to:

• Funding and liquidity management
• Foreign Currency dealing and management
• Manage Backoffice operational payments processes and cross border flows
• SARB Exchange Control Regulatory and Compliance procedures

Overview Of Role Responsibilities (Level 1-13)

• Treasury - Level 8 - Innovation Develop and deliver operational plans for a unit or division in line with the overall treasury strategy.
• Organizational Risk Management - Level 7 - Optimisation Develop and/or deliver a contingency plan for significant aspects of the risk management and/or risk control processes.
• Leadership and Direction - Level 7 - Optimisation Communicate the actions needed to implement the function's strategy and business plan within the team; explain the relationship to the broader organization's mission, vision, and values; motivate people to commit to these and to do extraordinary things to achieve local business goals.
• Performance Management - Level 7 - Optimisation Manage and report on the performance of a substantial, diverse team; set appropriate performance objectives for direct reports or project/account team members and hold individuals accountable for achieving them; take appropriate corrective action where necessary to ensure the achievement of team/personal objectives.
• Organizational Capability Building - Level 7 - Optimisation Use the organization's formal development framework to identify the team's individual development needs. Plan and implement actions, including continuing professional development specified by professional or regulatory institutions, to build their professional capabilities. Provide informal training or coaching to others throughout the organization in own area of expertise to enable others to improve performance and fulfill personal potential.

Required Skills

• Risk Management Techniques - Advanced Works at an advanced level to identify, assess, prioritize and manage risks. Typically works independently and provides guidance.
• Threat Assessment - Advanced Works at an advanced level to identify, analyze, and prioritize potential organizational threats, gather intelligence to evaluate their credibility and potential impact, and use analytical techniques to differentiate real from perceived threats, while proactively monitoring emerging threats and planning for organizational preparedness and resilience. Typically works independently and provides guidance.
• High Risk Typologies Methodologies - Advanced Works at an advanced level to identify and analyze patterns in high-risk financial activities and typologies, understanding the financial crimes risks posed by various high-risk activities and instruments such as money services businesses, payments companies, virtual currencies, cash intensive businesses, hedge and private equity funds, foreign correspondence banking, non-operating companies and payroll service companies. Typically works independently and provides guidance.
• Knowledge Management - Advanced Works at an advanced level to put processes in place to support the creation and use of the information, data and intellect that exists in the people who work for an organization, to support the achievement of goals. Typically works independently and provides guidance.
• Negotiation - Advanced Works at an advanced level to obtain consensus between two or more parties who may have different interests, for the benefit of the organization. Typically works independently and provides guidance.
• Treasury Management - Advanced Works at an advanced level to oversee and manage various treasury Management, operations and functions within a financial institution, including developing and implementing treasury policies, utilizing treasury management systems (TMS), analyzing key performance indicators (KPIs), conducting sales functions, and managing risks. Typically works independently and provides guidance.

General Experience

• Minimum 10 years’ experience within Treasury environment at a multinational corporate
• Sound understanding and advanced working knowledge of global markets e.g. financial instruments and liquidity management
• Sound understanding and working knowledge of transactional banking and investments
• Practical experience working with Treasury Management Systems (ie TMS)

Managerial Experience

• Minimum of 5 years in a Treasury leadership role

Education

Postgraduate Degree

Required Behavioural Competencies

• Instils Trust
• Drives Results
• Manages Complexity
• Cultivates Innovation
• Builds Effective Teams
• Directs Work