Job Summary
Job Summary
The Head of Funds Transfer Pricing (FTP) is responsible for the design, governance, implementation, and continuous enhancement of the Bank's FTP framework.
The role ensures accurate allocation of funding, liquidity, and interest rate risk costs across business units while supporting balance sheet optimization, sustainable profitability, prudent risk management, and informed business pricing decisions.
Serves as the Bank's subject matter expert on Funds Transfer Pricing and acts as a key advisor to Treasury, Finance, ALCO, Business Units, and Senior Management.Key Accountabilities and ResponsibilitiesFTP Framework & Governance
Key Accountabilities and Responsibilities
Own and maintain the Bank's FTP framework in alignment with ARO Funds Transfer Pricing Standards, governance requirements, and regulatory expectations.
Develop, review, and enhance FTP methodologies, policies, assumptions, controls, and supporting documentation.
Ensure effective governance, approval processes, and oversight of methodology, pricing curve, and parameter changes.FTP Curve Development & Pricing
Develop, maintain, and communicate local and foreign currency FTP curves.
Ensure funding costs, liquidity premiums, and interest rate risk costs are appropriately incorporated into FTP rates.
Oversee timely implementation and communication of curve revisions and strategic pricing changes.FTP Production, Control & Reporting
Ensure accurate and timely monthly FTP calculations and allocation of results to business units.
Oversee FTP data integrity, reconciliations, validations, controls, and issue resolution.
Produce management information and analysis on FTP movements, profitability impacts, and balance sheet drivers.Business Partnership & Stakeholder Engagement
Lead FTP engagements with Treasury, Finance, Business Units, and Treasury Centres.
Act as the primary point of contact and subject matter expert on FTP-related matters.
Support business teams in understanding the impact of funding, liquidity, and risk costs on pricing, margins, and profitability.Strategic Balance Sheet & Profitability Management
Use FTP as a strategic tool to influence desired asset and liability behaviors.
Translate funding costs, liquidity premiums, and balance sheet risks into effective business pricing signals.
Support sustainable growth, competitiveness, and profitability through forward-looking FTP insights.ALCO & Senior Management Support
Provide FTP analysis, recommendations, and decision support to ALCO and senior leadership.
Explain changes in FTP rates, funding costs, and profitability arising from market movements, balance sheet changes, and methodology updates.
Support business planning, performance management, and strategic (adsbygoogle=window.adsbygoogle||[]).push({});decision-making through FTP analytics.Continuous Improvement
Drive continuous improvement of FTP methodologies, behavioral assumptions, and allocation approaches.
Improve automation, operational efficiency, controls, and data quality within the FTP environment.
Monitor industry trends, regulatory developments, and market practices to ensure continued framework effectiveness.Education
Education
Bachelor's Degree in Finance, Accounting, Economics, Mathematics, Statistics, or a related discipline.
Postgraduate qualification in Finance, Risk Management, Economics, Business Administration, or a related area is an added advantage.Professional Qualifications
Professional Qualifications
Professional qualifications such as:CFAACCACPAFRMACTOr equivalent certificationsExperience
Experience
Minimum of 7 years' relevant banking experience.
Significant exposure to:Balance Sheet ManagementAsset and Liability Management (ALM)Funds Transfer Pricing (FTP)Treasury FinanceLiquidity ManagementFunding StrategyCapital ManagementFinancial Risk Management
Experience preparing reports and presentations for Senior Management, ALCO, Boards, and Regulators.
Experience in financial modeling, forecasting, profitability reporting, and management information analysis.
Experience managing complex cross-functional initiatives and influencing senior stakeholders.
Team leadership or people management experience is preferred.Knowledge and Skills
Knowledge and Skills
Strong understanding of banking operations, financial markets, treasury functions, and balance sheet management.
Knowledge of prudential regulations, governance frameworks, and control standards.
Advanced analytical and quantitative skills.
Strong financial modeling and profitability analysis capabilities.
Excellent stakeholder management and relationship-building skills.
Strong executive communication, presentation, and reporting abilities.
Ability to translate complex risk, funding, and profitability concepts into business-friendly insights.Key Competencies
Key Competencies
Funds Transfer Pricing (FTP)
Asset & Liability Management (ALM)
Treasury Finance
Balance Sheet Optimization
Liquidity Management
Financial Risk Management
Profitability Analysis
Financial Modeling
Executive Reporting
Stakeholder Management
Strategic Thinking