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Head of Capital and Portfolio Management

Financial Services

Central Johannesburg

Permanent

Updated February 29, 2012


The Head of Capital and Portfolio Management reports to the Head of Africa Treasury and CM and will be responsible for:

Leadership:
o Providing leadership and strategic direction to the Africa CPM team.
o Building the Africa CPM team by identifying gaps and recruiting for these. External hires amounting to 2 to 4 new staff members are expected.
o Managing the stakeholders across rest of Africa banking entities and the wider Group to ensure there is a clear communication, understanding and support, capital and portfolio management aspects pertaining to local banking operations.

Capital Measurement, Allocation and Risk Adjusted Performance Management:
o Allocating, budgeting and planning for economic and regulatory capital.
o Embedding capital metrics in strategic planning.
o Implementing risk-adjusted pricing and performance measurement; setting risk-adjusted hurdle rates.
o Implementing capital models and ensuring that economic capital is measured in compliance with appropriate group policies.
o Focusing on data quality and ensuring a strategic approach to data management.
o Considering the impact of stress testing on current and forecast portfolios.
o Reporting and engaging with internal and external stakeholders (e.g. Capital Mngt Committees, rating agencies, analysts, regulators, etc).

Credit Portfolio Management:
o Monitoring and assisting with managing the overall portfolio strategy, taking into account the Bank's current and forecast risk appetite, market conditions, business strategy and growth plans.
o Directing hedging, distribution and diversification strategies, as well as loss mitigation strategies, in order to improve the overall portfolio. performance; mitigating event risk by monitoring and managing concentrations and correlated credit risk.
o Increasing the velocity of capital and creating capacity for new business.
o Steer, manage and plan the capital and liquidity consumption of the portfolios.
o Considering the impact of stress testing on current and forecast portfolios.
o Ensuring the appropriate regulatory and economic capital allocation, including appropriate recognition of risk mitigants such as collateral.
o Working with the Finance, Risk, Credit Analytics, Data Management and Reporting teams to ensure relevant tools and information are available for active portfolio management.

Who we're looking for
• Strong knowledge and at least 8-year track record of capital management and asset & liability management
• Knowledge of credit risk and portfolio/economic capital models, methodologies and drivers of portfolio risk
• Knowledge of regulatory capital rules
• Knowledge of credit risk/portfolio management systems and appreciation of importance of data
• Leadership: Able to synthesise information from a wide range of sources, make decisions based on this and stand by these under pressure from stakeholders
• Management skills: Ability to build and motivate a team, providing a vision and roadmap to success
• Communication and listening skills: Must be attuned and sensitive to the un-stated views of business stakeholders
• Relationship building skills: Ability to gain buy-in from key stakeholders and senior management across different jurisdictions and banking entities
• Innovative thinking and problem solving skills
• Willing to travel
• Strong numerate capacity with a BSc / CA background

About our client
Large local bank.

What's on offer
Market related.

Michael Page Contact
Job Ref: 7234
Your application will be sent to Senisha Ramparsad.

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