Senior Bank Treasurer (Balance Sheet and ALM) at Absa, Sandton

As the South Africa Bank Treasurer at Absa, you will be accountable for the strategic stewardship of the South African banking entity balance sheet. This is a senior leadership position that integrates liquidity, funding, capital, HQLA portfolio management, banking book interest rate risk and ALM earnings management.

You will be the budget owner for both the ZAR and USD ALM positions, actively steering these within approved risk appetite, limits, mandates and governance. The role provides senior Treasury leadership to South African businesses and acts as a key interface with Finance, Risk, business leadership, executive management and regulators. You will report into the Group Treasurer.

Day to day, you can expect to oversee major procurement initiatives, drive commercial solutions that deliver significant value for the Group, and ensure alignment with service category and supplier strategies. You will also guide balance sheet strategy, risk reward trade offs and management actions through ALCO.

How to apply: Applications are handled through Absa's official careers portal. Use the Apply button to submit your application on the bank's own system.

• A relevant postgraduate qualification in finance, economics, accounting, quantitative finance or a related discipline is preferred.
• A CA(SA), CFA or equivalent qualification would be advantageous.
• Significant senior experience in bank treasury, ALM, liquidity, funding, capital or balance sheet management.
• Demonstrated accountability for material budgets, risk positions and executive decision support.
• Proven leadership of specialist teams and delivery across complex stakeholder groups.
• Experience engaging regulators, governance committees and senior executives.
• Deep knowledge of South African interest rate, money market and foreign exchange markets.
• Expertise in HQLA, ALM, liquidity, funding and IRRBB.
• Strong understanding of capital, RWA, transfer pricing and balance sheet economics.
• Strategic judgement, commercial acumen and disciplined risk ownership.
• Clear executive communication, influencing and stakeholder management skills.
• Strong people leadership, succession planning and control mindset.
• A Master's Degree in Business, Commerce and Management Studies is listed as preferred education.

• Own the ZAR and USD ALM budgets and overall performance.
• Steer structural interest rate and liquidity positions within approved limits.
• Optimise net interest income, margin and economic value across the banking book.
• Oversee IRRBB, including repricing, basis and optionality risks.
• Use forecasts, scenarios and stress tests to guide positioning and corrective action.
• Advise ALCO on balance sheet strategy, risk reward trade offs and management actions.
• Assess the capital, liquidity and earnings impact of business plans and transactions.
• Advise on the South African liquidity and funding strategy in normal and stressed conditions.
• Steer funding mix, tenor, concentration and cost across local and foreign currencies.
• Set mandates and operating boundaries with Global Markets for execution and risk transfer.
• Coordinate funding, hedging and market activity with Global Markets while retaining Treasury accountability.
• Oversee the Intra day Liquidity Desk and related controls.
• Own and manage the Bank HQLA portfolio within approved mandates and liquidity requirements.
• Set asset allocation, duration, issuer concentration and liquidity positioning.
• Optimise risk adjusted returns while preserving liquidity, quality and eligibility.
• Oversee portfolio performance, valuation, risk, limits and management information.
• Ensure effective investment governance, execution controls and escalation.
• Act as a senior Treasury adviser to South African business and executive leadership.
• Provide concise recommendations to ALCO and relevant governance forums.
• Engage the Prudential Authority, South African Reserve Bank and industry forums.
• Lead and develop a high performing specialist Treasury team.
• Operate within approved risk appetite, mandates, limits and delegated authorities.
• Maintain current policies, processes, controls and governance frameworks.
• Ensure compliance with prudential, legal, accounting and internal requirements.
• Oversee data quality, valuation, reporting and relevant model dependencies.
• Escalate material risks, limit pressures and control weaknesses promptly.
• Own audit and assurance actions through sustainable closure.