About the Organisation

True North Ltd is a leading consulting and talent solutions firm dedicated to helping businesses and individuals achieve their full potential through strategic human capital development, leadership training, and organizational transformation. Recognized for its expertise in executive search, talent management, and business advisory services, the company has built a strong reputation for delivering tailored solutions that drive growth and operational excellence. 

Job Summary

The Manager Assets & Liabilities Management role combines Product Control, Treasury Middle Office, and Assets & Liabilities management to ensure the integrity and accuracy of financial reporting related to trading activities while effectively managing liquidity and compliance with regulatory guidelines. It is a critical role in implementing the Treasury unit’s strategy for optimal balance sheet management. 

This position serves as a critical link between the front office and back office, facilitating seamless communication and collaboration to optimize operational efficiency, risk management, and regulatory adherence. By integrating product control and treasury functions, the role aims to enhance the bank’s financial performance, support strategic decision-making, and uphold the highest standards of financial integrity.

Duties, Roles, and Responsibilities

Liquidity Management

• Prudent day-to-day and intraday management of the Bank’s liquidity position, including compliance with local regulatory requirements and intraday liquidity requirements
• Responsible for all cashflow management (inflows & outflows) and investigate unmatched unaccounted flows
• Manage nostro accounts, including funding requirements
• Prepare reports with Balance sheet insights – inputs into the ALCO Secretariat

Oversight of Middle Office Operations

• Set the tone and culture of the unit in accordance with the Bank’s values
• Maintain up-to-date policies and procedures and internal control mechanisms to ensure compliance with both internal and regulatory limits

Core Contributor to Bank’s Strategy Monitoring

• Monitor Treasury’s performance against set strategic objectives and advise remedial propositions for Balance sheet optimization

Financial and Regulatory Reporting

• Review financial reports from the Treasury system and core banking systems to enable decision-making and ensure compliance with regulatory guidelines
• Review daily, weekly, and monthly profit and loss (P&L) reports for various trading desks, ensure accuracy, and provide explanations for discrepancies
• Review reports from Treasury, Finance, and Risk departments and spearhead monthly reconciliation engagements with Unit Heads
• Reconcile front office and back-office records for consistency and accuracy
• Flag items at risk with recommended actions for balance sheet optimization to Head of Treasury and CFO
• Responsible for Central Bank reports relating to liquidity, maturity profiling, and daily forex positions

Performance Reporting

• Provide analytical support in individual and segment performance key drivers within the Treasury department
• Compile and circulate segment/customer reporting to the Business
• Act as the de-facto ALCO Secretariat with support from the Analyst Middle Office, providing key inputs to MRCC and Board papers
• Collaborate with MIS in driving Revenue Assurance to minimize income leakages, escalating exceptions to the CFO for remedial fixes
• Daily reporting on key performance insights from balance sheet movements, transactional volumes, customer touch points, and channels to drive real-time decision-making, covering cash flow forecasts, funding gaps, and risk exposures

Product Control

• Validate the pricing and valuation of financial products, ensuring methodologies align with market standards and regulatory requirements
• Ensure recognition and measurement of instruments comply with IFRS

Risk & Controls Monitoring

• Ensure adherence to internal policies and regulatory requirements
• Develop and maintain controls to mitigate operational risks and enhance efficiency
• Ensure independent oversight on a proactive basis of the principal risk types outcome on the Treasury department
• Check performance of Traders’ compliance with both trading limits and revaluation gains/losses at transaction level

Audit Support

• Key audit contact point for the Treasury department
• Facilitate internal and external audits by providing necessary documentation and explanations related to overall financial reporting and controls

Project Management

• Spearhead project implementation for both Treasury and Finance process improvements and key in user acceptance testing for system-related improvements

Stakeholder Management

• Liaise with Treasury Front and Back Offices traders, Risk, and Finance teams to communicate P&L results, address queries, and provide insights into trading performance

Support to Achieve Financial Budgets

• Management of interest rate mismatch and risk positions to maximize returns
• Accountable for accurate reporting of financial instruments in the P&L and Balance sheet in accordance with IFRS
• Escalate daily breaches of trading limits and gains/losses above a calibrated threshold
• Ensure compliance with stipulated regulatory guidelines issued by the Central Bank on Treasury-related output with a zero tolerance for penalties/show cause letters
• Drive implementation of corrective actions where system glitches may arise and collaboratively with IT push for timely resolution

Qualifications, Education, and Competencies

• Bachelor’s Degree in Finance, Accounting, Economics, or a related field
• A Master’s degree or relevant certifications (e.g., CFA, CPA, ACCA) is preferred
• Professional qualification e.g., ACCA, CPA, CFA, or ACI is an added advantage
• 2-3 years of experience in product control, treasury operations, or related roles within a banking or financial services environment
• Proficiency in financial modelling, analytical tools, and trading systems
• Familiarity with treasury management systems and regulatory frameworks is essential

Business Behaviours

• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills, with the ability to work collaboratively across departments
• Leadership skills to proactively engage senior management for insights and decision-making

How to Apply

Please fill in the application form at https://forms.office.com/r/DFv24mhUed.

Send your CV and Academic Documents (in 1 single batch) toexechire@truenorthafrica.com, with the subject line: Manager Assets & Liabilities Management, by close of business on 23rd October 2025.

For any inquiries on this career opportunity and the application process, please e-mail: s.ashaba@truenorthafrica.com.

Apply Now

All applicants MUST fill in the online form and share their CVs and Cover Letters in PDF or MS Word STRICTLY. All applications shall be duly acknowledged as received, but only shortlisted candidates will be contacted.

Deadline: 23rd October 2025