Title:  Head Of Treasury

Job Classification

  Head: Treasury (E1)

  Reporting to : Chief Commercial Officer

  Closing Date: 02 July 2026

Career Stream

Treasury

Job Purpose

To ensure that Nedbank has sufficient liquidity at all times at optimal pricing levels to fund its operations; and to effectively implement The ALCO balance sheet strategy relating to funding and liquidity management to maximise net interest income (NII) and non-interest Revenue (NIR) for Treasury and identified stakeholders within defined risk parameters.

Job Responsibilities

• Generate revenue from Commercial Banking, Business Banking and Retail funding activities within defined markets through defined products or solutions.
• Manage the money market trading budget by exceeding laid down Net Interest Income (NII), Non-Interest Revenue (NIR) and funding volume targets.
• Ensure implementation of ALCO strategies, while optimizing the Net Interest Margin (NIM) for Corporate, Business Banking and Retail on Wholesale / Retail products covering all assets and liabilities to generate funding at the desired rate and duration.
• Ensure a successful combination between volume and margin to maximize group profitability in terms of, Growth in liabilities, Cost of funds and Liquidity.
• Protect the integrity of the bank's interest rate curve and Net Interest Margin (NIM) by monitoring pricing of transactions.
• Makes well informed and justifiable trading decisions and holds positions correctly on a sustainable basis.

Job Responsibilities Continue

• Act as a subject matter expert by ensuring that a proportion of bank funding targets/requirements for the desk are met, and targeted liquidity is optimally sourced at optimal prices.
• Manage defined risks on the desk by ensuring all controls are in place and carried out timeously and diligently, and that relevant limits are in place for all staff.
• Attract, retain, develop and reward best talent.
• Create a high-performance environment.

Abilities Requirements:  

• Developing strategic relationships
• Negotiation skills
• Persuasiveness
• Business acumen
• Integrity – unquestionable values
• Change leadership
• Strategic decision making
• Developing a successful team
• Cultural interpersonal sensitivity
• Enforce internal controls

People Specification

(Affirmative Action Candidates are encouraged to apply)

Valid Police Clearance - not older than six months

Preferred Qualification

Chartared Accountant / Master’s in Business Administration

Preferred Certifications

• RPE, FAI relevant Compliance Certification
• ACI certificate. 
   

Minimum Experience Level

• Ten Years (10) years of general banking experience and least five (5) years in Treasury, with specific experience in funding and liquidity.  
• Broad industry and market knowledge, as well as having a sound understanding of local and global economic fundamentals.  

Technical / Professional Knowledge

Behavioural Competencies