General Manager, Balance Sheet Management

SBM Bank (Kenya) Limited is a financial institution that provides a range of banking and financial services to its customers.

The General Manager for Balance Sheet Management is tasked with the critical responsibility of overseeing the bank's liquid assets, ensuring optimal liquidity, and managing all investment-related activities. This position is central to the Asset Liability Management function within the Treasury department, focusing on strategic financial oversight and risk mitigation.

1. Ensure business profitability by effectively managing funds to maintain optimal balances, overseeing liquidity, mitigating interest rate risk, and maximizing returns from excess investment cash.
2. Formulate the Asset Liability and Investment strategic plan for the department to achieve targets for liquidity, revenue, investment income, securities trading profits, and cost management.
3. Establish and maintain strong relationships with local and foreign counterparties to enhance credit lines.
4. Identify and manage market and settlement risks encountered daily by the department, ensuring all dealers adhere to counterparty trading and credit limits.
5. Cultivate and maintain high-level contacts with current and prospective customers, regulatory authorities, and product partners.
6. Ensure strict compliance with the bank’s internal risk thresholds and regulatory limits set by the Central Bank of Kenya.
7. Support the Treasurer and ALCO in developing and executing departmental and bank-wide strategic plans.
8. Organize and attend meetings with the Central Bank of Kenya, key banks, brokers, and money market teams.
9. Streamline and improve operational procedures as necessary.
10. Ensure full compliance with all Risk and Know Your Customer (KYC) standards.
11. Arrange for the training and development of reporting staff to enhance their job knowledge and prepare them for future leadership roles.
12. Foster a professional, proactive, and performance-driven culture within the department through effective communication, involvement, objective setting, appraisal, training, development, and appropriate recognition and reward, to ensure high-quality output.
13. Act as a proxy for the FX Trading Desk when required.

1. Hold a Bachelor’s degree in a related specialization of study.
2. Possess relevant professional qualifications.
3. Be a member of a relevant professional body.
4. Be proficient in Microsoft Office Suite.
5. Have a minimum of 6 years of overall experience, with at least two (2) years at a managerial level.
6. Demonstrate high levels of integrity.
7. Possess strong communication skills for both internal and external interactions, including formal presentations.
8. Be dynamic, analytical, and self-driven, with the ability to perform effectively under pressure.
9. Exhibit a passion for performance, be a team player, and strive for achievement in a competitive and dynamic environment.
10. Be hardworking, strategically minded, with excellent communication and interpersonal skills.
11. Have a thorough understanding of Forex procedures, Prudential Guidelines, and banking practices, with the ability to interact effectively with all levels of management and staff.
12. Possess excellent leadership, organizational, and planning skills.
13. Demonstrate good analytical and problem-solving skills.
14. Have excellent negotiating and interpersonal skills.