Applications are invited from suitably qualified, experienced and competent individuals for the following positions at the Bank.

ASSET AND LIABILITY MANAGEMENT ANALYST

Job Purpose:

Reporting to the Head of Risk Management, the incumbent supports in managing the bank’s assets and liabilities. This role is responsible for asset and liability committee support, income optimization, interest rate risk modeling, and banking as a service support.

Key Responsibilities include and are not limited to the following:

1. ALCO reporting:

• Detailed monthly ALCO reports.
• Daily position updates.
• Assist with Treasury-related balance sheet management and analysis to include stress testing, back testing. liquidity, and capital optimization.
• Ad hoc management reports as and when required.

2. Regulatory reporting

• Monthly liquidity and market risk reports.
• Periodic submissions as and when required.

3. Modelling

• Building models to help the bank make informed decisions.
• Assist in building and maintaining asset-liability modeling software to ensure the bank’s strategic goals and regulatory requirements are being met.

4. Treasury Compliance

• Daily updates on compliance with regulatory and internal policy limits.
• Oversight of Treasury Front Office and Back Office compliance with bank procedures and industry best practices.

Qualifications, Experience, and Skills/Competencies:

• Bachelor’s degree in financial engineering, actuarial science, economics, finance, accounting, banking, statistics, or related field. ACI Dealing certification will be an added advantage.
• Three years of work experience at this level in banking, insurance, or fund management, preferably in Treasury middle office/analyst or market risk roles.
  Familiarity with RBM bank regulations, Treasury, and ALCO reporting software.
  Knowledge of treasury activities and liquidity risk and market risk management and reporting.
  Understanding of data science and machine learning is a plus.
• Strong analytical and quantitative skills.
  Strong skills in Excel, modeling, and programming (R, Python, or Matlab).
  Knowledge and experience in handling Basel Il reporting will be an added advantage.

Applications for the Position:

Applications with Curriculum Vitae (both cover letter and CV should be saved in one PDF file) should be emailed to:

recruitment@centenarybank.co.mw

Please indicate on the email subject line the position you are applying for.

The closing date for receipt of applications is Sunday, 22nd September 2024.

Only shortlisted applicants will be acknowledged.