Head - Asset & Liabilities Management

About the Role The Head of Asset & Liability Management for Retail Banking is responsible for developing and executing strategies to optimize the balance sheet, manage risk, and enhance profitability within the context of retail banking operations. This role plays a critical part in ensuring the financial stability and growth of the retail banking division. The role is instrumental in shaping the financial performance and risk management strategies of the retail banking division, ensuring that it remains competitive, compliant, and financially robust. What you will do

• Develop and implement asset and liability strategies that align with the retail banking division's goals, considering customer demand for deposit and lending products.
• Oversee the management of retail deposits, ensuring efficient liquidity management, deposit product design, and competitive pricing to attract and retain customers.
• Optimize the loan portfolio, including home financing, & personal loans, to maintain quality and profitability.
• Monitor and manage profit rate risk associated with retail banking products, including adjustable-rate mortgages and savings accounts.
• Conduct stress tests and scenario analyses to assess the resilience of the retail banking division under adverse economic conditions.
• Ensure compliance with all relevant banking regulations, especially those related to retail banking and ALM. Prepare and submit required reports to regulatory authorities.
• Utilize customer data and segmentation to develop targeted deposit and lending strategies, including product customization and cross-selling.
• Stay informed about market trends and customer preferences to adapt asset and liability strategies accordingly.
• Use financial models and data analysis to make informed decisions regarding the retail banking division's balance sheet, including profitability and risk assessment.
• Optimize capital allocation and ensure compliance with regulatory capital requirements specific to retail banking.
• Lead a team of ALM professionals and collaborate with other retail banking departments to implement ALM strategies effectively.
• Communicate ALM strategies and outcomes to senior management, retail banking staff, and other relevant stakeholders.

• Bachelor’s Degree / Professional Degree in finance, economics, or any relevant field. MBA or CFA is an added advantage.
• Minimum 10 years' working experience in asset & liability management within retail banking.
• Strong understanding of retail banking products and customer behavior.
• In-depth knowledge of retail banking regulations and compliance requirements.
• Proficient in financial modeling, data analysis, and ALM software.
• Excellent verbal and written communication skills.