Pricing and Capital Management Officer Jobs – DFCU Bank
Job Title: Pricing and Capital Management Officer
Organization: DFCU Bank
Duty Station: Kampala, Uganda
Reports to: Head of Treasury
About US:
DFCU Bank is a fast growing commercial bank offering a variety of innovative products and services. DFCU Limited was started by the Commonwealth Development Corporation (CDC) of the United Kingdom and the Government of Uganda through the Uganda Development Corporation (UDC) under the name of Development Finance Company of Uganda Limited. Later restructuring brought in DEG (of Germany) and International Finance Corporation (IFC) as equal partners with CDC and UDC, each having a 25% stake in the company. Its objective was to support long-term development projects whose financing needs and risk did not appeal to the then existing financial commercial lending institutions.
Job Summary: The Pricing and Capital Management Officer will manage the Fund Transfer Pricing (FTP) in the Bank and ensure that the Bank holds an optimal Capital structure. He/ she will optimise Bank pricing for assets and liabilities to meet the strategic objectives for the Bank.
Key Duties and Responsibilities:
- Manage the FTP framework, through engagement with stakeholders from the business, to drive the optimal Balance Sheet Structure.
- Hold regular trainings with the business stakeholders to ensure that they are aware of the drivers of FTP and carry out their activities taking FTP into consideration.
- Carry out consistent review of the pricing mechanism and drivers and engage the business accordingly to ensure that the Bank achieves the desire interest margins.
- Margin reporting and forecasting to drive balance sheet optimization.
- Monitoring of the interest rate risk of the Banking book to ensure an optimal structure of the Bank balance sheet and high light any activities that may be detrimental to the desired.
- Perform regular stress testing on the Bank’s interests margin to identify any business activities that negatively impact the overall margins and also ensure that the outcomes of these testing influence planning and budgeting.
- Regular engagement with all business stakeholders to ensure that pricing assumptions are kept up to date.
- Build robust Interest Margin Forecasting Models and scenario analysis tools to identify any potential future margin risks and engage relevant stakeholders on activities required to address these risks.
- Review and update all assumptions pertaining to margin stress testing.
- Review and engage the Business on their budget inputs to identify and address any margin gaps during the planning cycle and support the Finance team in ensuring that these are embedded in the budgeting and forecasting processes.
- Support in the monitoring of the bank’s capital structure and highlight any risks that may be identified.
- Monitor the loans and deposits booked by the Business to ensure that they are aligned and also ensure that the bank meets the desired Return on Equity target.
- Engaging the business on any deals that may not appear aligned.
- Identify any opportunities that will support the Business in meeting the desired ROE targets.
- Prepare policies and risk frameworks that will guide the Bank in achieving the Optimal Capital Structures.
Qualifications, Skills and Experience:
- The applicant for the DFCU Bank Pricing and Capital Management Officer job placement must hold a Bachelor’s Degree in Business or Finance related degree with a highly numerate bias.
- ACCA certification is an added advantage.
- Five years of post qualification experience in Finance / Risk / Treasury / a busy Commercial Environment.
- In-depth knowledge of Banking Product Management Margin Management.
- Appreciation of financial analysis and pricing issues.
- Hands-on experience and knowledge of how to formulate and implement an effective FTP methodology to drive the correct behavior within the Business Units.
- Computer literacy and working knowledge of software packages such as MS Word, MS Excel, MS PowerPoint, MS Access.
- Working knowledge of Finacle is an added advantage.
- Good communication and presentation skills to Senior Level audiences
- General knowledge of the Banking Environment.
- Excellent report writing, verbal, presentation and interpersonal communication skills.
- Action delivery / control oriented.
- Strong numeracy skills, attention to detail and personal effectiveness
- Personal initiative
How to Apply:
All candidates who so wish to join the banking sector in the aforementioned capacity are encouraged to send their applications with detailed CVs including present position and copies of relevant professional/academic certificates (University Transcript, O & A level) to: Vacanciesbank@dfcugroup.com
Deadline: 9th July 2019
NB: dfcu Bank does not solicit/accept payment in cash/kind from prospective candidates in exchange for shortlisting or job placement. Any candidate who engages in this kind of transaction is aiding and abetting fraud and will be automatically disqualified.
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