Purpose of the role
To optimise the bank's capital structure to support its growth objectives, manage risk exposure, and comply with regulatory requirements by analysis of bank's capital position, development of capital allocation strategies, and ensuring that the bank maintains adequate capital levels under various economic scenarios.
Accountabilities
- Development and implementation of strategies to manage the bank's capital position, including setting of capital targets, development of capital plans, and monitoring of capital adequacy.
- Optimisation of the bank's capital structure to support the bank's growth and profitability objectives, including management of the bank's exposure to regulatory capital requirements.
- Allocation of capital to business units and projects based on risk-adjusted returns and other financial metrics.
- Preparation and provision of regular reports on the bank's capital position, capital allocation decisions, and stress testing results to senior colleagues, risk committees, and regulatory authorities,
and effective communication of capital management strategies and risk considerations to relevant stakeholders.
Vice President Expectations
- To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
- If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
- If the position has leadership responsibilities, People Leaders are expect