- Prudent management of the Balance Sheet of each Legal Entity and disciplined practices in managing treasury risk exposures.
- Managing capital, funding and liquidity of all the legal vehicles within their jurisdiction across all lines of business.
- Define treasury strategies with Market Risk and business segments. Providing product, customer and geographic businesses with risk identification, risk management, product development and funding strategy through appropriate transfer pricing of both interest and liquidity risks, as approved by the Country ALCO.
- Managing of resultant liquidity, interest rate and currency risks, adhering to buffers, limits and triggers, of local and internal minimum requirements.
- Manage transfer pricing and IRRBB.
- Evaluation of activities with all businesses to ensure regulatory and local rating agency requirements are met with respect to balance sheet, liquidity, interest rate, FX, and capital measurements.
- Communication to Country ALCO of accurate and timely information about material balance sheet exposure, changes, and issues.
- The following outlines the behaviours and tasks associated with each Area of Responsibilities Country Treasurers are responsible for:
- Substantial interaction with with senior management, including CEO, businesses and potentially Board engagement.
- The opportunity to lead and present at forums including Country Alco, Board committees and regulatory engagements.
- The ability to make a significant contribution to ensuring the firm meets its financial target through efficient use of balance sheet.
- The opportunity to understand the regulatory requirement impacting Treasury.
- The ability to be an influential decision maker on the utilization and planning of resources to support the franchise.
- Exposure to a broad range of business areas and products.
- The opportunity to lead a broad and diverse team.
- Prior Treasury and Markets function experience is essential.
- In-depth understanding and knowledge in multiple disciplines including business and product lines.
- Expertise in local regulation regarding liquidity and capital is required.
- Understanding of legal entity structure, systems, and businesses.
- Experience operating at a senior level with a deep and robust history of meaningful engagements with senior leaders, regulators, and rating agencies.
- Knowledge of capital markets.
- Experience in benchmark submissions or an execution role in interest rates is desirable.
- Strong and proven analytical skills.
- Excellent oral and written communication skills.
- Ability to handle tight deadlines; ability to work under pressure and to prioritise and guide the team on a diverse set of objectives
- Control focused with the ability and desire to see the "bigger picture", prioritise, put things into perspective, draw conclusions and make decisions based on complex issues.
- Must be able to understand complex financial concepts and distil into clear, concise, and simplified concepts.
- Strategic professional with 10+ years of technical and managerial experience.
- University degree in Finance, Business, Economic or Accounting or postgraduate degree in similar disciplines.
- Expertise with understanding and preparing analytics for a senior audience.
- Ability to engage and address local regulator asks.
- Comfortable communicating across teams and different working practices.
- Experience with understanding and preparing analytics for a senior audience.
- Diplomatic; able to manage situations where conflicts of interest may arise.
- Able to act as a partner to the businesses.
- Ability to take decisions and/or escalate where appropriate, to deliver results and meet objectives in a defined timeframe.
Mexico Country Treasurer - Mexico City, México - 09516 Banco Nacional de Mexico, S.A., integrante del Grupo Financiero Banamex
Descripción
This role is responsible for the prudential management of capital, funding, liquidity, and balance sheet in the Mexico.
Additionally, the Country Treasurer will be responsible for regulatory relationships and will serve as the Treasury representative for the relevant Boards of Directors.
Country Treasurer will be responsible for managing a team whose function it is to develop, implement and maintain robust balance sheet controls to ensure solvency and efficient usage of balance sheet resources.
This role ensures the effective management of balance sheet resources within Mexico. Additionally, the role is accountable for ensuring has robust liquidity and capital management practices, consistent with internal policy and local regulatory requirements.
In performing this function, the Country Treasurer must ensure that legal entities under his or her purview adhere to local regulatory liquidity requirements and internal liquidity policy requirements. As well as, maintain Central Bank relationship.
Mexico Treasurer will develop funding capabilities in both debt and capital markets, as well as, driving banking relationships on and offshore.
The role requires a substantial amount of senior stakeholder and regulator management and is also a key senior leadership position within the Finance function.
Key Responsibilities :
The Country Treasurer is responsible for:
Conduct an effective ALCO in coordination with the CEO, ensuring the primary responsibilities of Country ALCO are covered and governance best practices. Work collaboratively with the CEO and businesses to drive an efficient and prudential balance sheet, oversee and influence liquidity levels and structures, oversee and ensure transparent execution of transfer pricing for the businesses in accordance with policies and plans, drive returns for the country. Country Treasurer engagement in Balance Sheet planning and budgeting, to ensure appropriate allocation between assets/liabilities products and forward-looking balance sheets are implemented in line with expectation.
Manage the liquidity profile of the entities in your country including prudent management of intraday liquidity and daily liquidity metrics / short term cash flow forecasts, to meet minimum regulatory and internal liquidity requirements as required by internal policies and ensure escalation triggers are in place to provide early warning of funding pressures. Ensure proper escalation of any triggers and breaches in compliance with the requirements of internal policies. Prepare comprehensive Funding and Liquidity Plans, including Contingency Plans, and monitor balance sheet activity against these plans.
Oversee net interest margin and transfer pricing processes, establishment of single benchmark yield curves, Liquidity Premium, interest rate risk management of the banking books. Drive the consensus and sound decisions on country FTP / LTP to appropriately reflect business profitability based on true interest rates and liquidity costs of the franchise, and to transfer hedgeable market interest rate risk.
Ensure all legal entities in your country adhere to the minimum local capital requirements relevant for the entity based on its ICAAP, regulatory requirements, or approved risk appetite where applicable. Make certain that local entity dividends equate to remittable earnings for the current / prior year unless explicitly granted forbearance through the annual Capital Plan process. Assess the appropriate capital levels and additional repatriation / capital restructuring opportunities in country. Comply with all internal policies, standards and guidelines including.
Monitor interest rate risk related to accrual businesses and support efficient management of IRR in your country. Collaborate with Finance and the businesses to facilitate global data improvement initiatives and to ensure the integrity of reporting of Net Interest Revenue as computed in the Ruby platform.
Define, develop and manage debt and capital funding strategies.
Maintain a strong, proactive, and responsive relationship with local regulators, Internal Audit and Compliance.Support controls, governance and documentation requisite with the highest expectations of our regulators and internal policies.
Development Value:
This role will require strong and thoughtful leadership skills to lead the Country Treasury function. It will present an opportunity to drive ALCO and Balance Sheet decision. This role will provide the successful candidate with:
Knowledge and Experience:
Skills:
Qualifications:
Competencies:
Job Family Group:
Finance
Job Family:
Balance Sheet Management
Time Type:
Full time
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