HRSG – Innovative Business Solutions is currently hiring for the following position for one of its client.
Job Title: Group Head – Treasury
Group: Treasury & Fund Management
Job Location: Head Office, Karachi
General Job Objective
This position is responsible for managing Company’s balance sheet with specific focus on funding/ liquidity, risk, interest rate risk, capital management within approved policy and regulatory guidance.
Duties and Responsibilities
1. Review and implement policies and processes related to Treasury functions with specific focus on funding, risk identification and mitigation, liquidity position and capital management, in line with regulatory guidelines.
2. Implement long terms and short-term funding strategies to manage the Company’s liquidity position and deploy excess liquidity into optimum earning assets; actively rationalize banking cost through standard professional applications.
3. Enhance timely and accurate cash flow forecasts in close coordination with Finance; leveraging technology for greater efficiency and review funds position to meet daily Statutory Liquidity Requirement (SLR) and Cash Reserve Requirement (CRR) mandated by State Bank of Pakistan.
4. Partner with Management to maintain appropriate relationship with Regulators and liaise with internal/ external auditors.
5. Review identified indictors for performance, track results and implement metrics for robust reporting framework.
6. Monitor all transactions of the Treasury Group within the framework set by management and compliance of SBP’s rules & regulations.
7. Oversee the daily online report of MMCRS to SBP, investment position, mutual funds investment position on weekly basis along with RTGS transactions for investment, interbank and transfer of funds
8. Coordinate and organize meetings of ALCO Committee as a Secretary.
9. Prepare investment schedules on monthly basis containing details of profit earned/accrued and tax deducted.
10. Review quarterly statements of withholding income tax for Finance Group.
Job Specifications
Academic Qualifications
Masters/ Bachelor’s degree (16 years of education) in the field of Business Administration/ Public Administration/ Economics/ Finance/ Accounting/ Commerce or related field from HEC recognized institutions.
Experience
Minimum 16 years of relevant experience with minimum 06 years in senior management position.
Competencies
1. Strategic Orientation
2. Team Work
3. Decision making
4. Leadership skills
5. Communication & interpersonal skills
Candidates can email their resume to HRSG by mentioning the position in the subject line at publicsector@hrsgonline.com or via post by mentioning the position applied for in the upper right corner on the envelope at HRSG Search & Advisory HRSG House No. 46-D, Street No. 46, PECHS Block-6, Off Shahrah-e-Faisal, Karachi, Pakistan.
