KEY RESPONSIBILITIES:

• Continuously monitor the bank’s liquidity position to ensure compliance with internal policies and Bank of Mauritius prudential liquidity ratios.
• Develop and maintain liquidity forecasting models incorporating short- and long-term cash flow projections.
• Manage interbank funding and borrowing arrangements to optimize liquidity buffers and funding costs.
• Coordinate liquidity contingency plans and stress testing exercises to prepare for market shocks or liquidity crises.
• Oversee management of the bank’s investment portfolio, ensuring alignment with risk appetite, regulatory limits, and expected returns.
• Conduct thorough due diligence and analysis of investment opportunities including government securities, money market instruments, and other approved assets.
• Implement portfolio diversification strategies and periodic rebalancing to maximize yield and minimize risk.
• Liaise with external asset managers and custodians, monitoring their performance and compliance.
• Identify, monitor, and manage treasury-related risks, including interest rate risk, foreign exchange risk, credit risk, and operational risk.
• Conduct scenario analysis and stress testing on treasury portfolios to assess potential vulnerabilities.
• Ensure compliance with all applicable regulations from the Bank of Mauritius, Financial Services Commission (FSC), and internal governance frameworks.
• Prepare and submit timely regulatory reports related to treasury activities, such as liquidity reports, foreign exchange positions, and investment disclosures.
• Develop and execute funding strategies, balancing cost efficiency and risk mitigation.
• Manage day-to-day cash operations, ensuring availability of funds to meet payment obligations and operational needs.
• Optimize cash balances across accounts and currencies while minimizing idle cash.
• Oversee foreign exchange operations, including hedging strategies and position management.
• Drive treasury’s contribution to MauBank’s overall financial strategy.
• Prepare detailed treasury reports, including liquidity position, risk exposures, investment performance, and funding status for senior management and the Board.
• Participate in management committees providing expert treasury insights and recommendations.
• Drive continuous improvement initiatives within the treasury function, leveraging technology and best practices.
• Lead, motivate, and develop the treasury team ensuring clear goals, accountability, and continuous professional growth.
• Maintain effective relationships with key stakeholders including correspondent banks, regulators, auditors, and investment counterparties.
• Negotiate terms and agreements with financial institutions and service providers.
• Represent MauBank in industry forums and banking associations related to treasury and liquidity management.

PREREQUISITES:

• Bachelor’s degree in Finance, Economics, Banking, Accounting, or a related discipline (Master’s degree or MBA highly preferred).
• Professional certification such as Chartered Financial Analyst (CFA), Certified Treasury Professional (CTP), or equivalent is a strong advantage.
• Minimum 7-10 years of progressive experience in treasury management or related banking functions.
• At least 3 years in a senior or managerial treasury role, preferably within the Mauritian banking sector or financial institutions governed by the Bank of Mauritius.
• Proven expertise in liquidity management, investment portfolio oversight, risk mitigation, and treasury operations.
• In-depth knowledge of local regulatory frameworks including Bank of Mauritius prudential requirements, anti-money laundering (AML) rules, and financial compliance standards.

SKILLS:

• Leadership & People Management: Ability to lead and develop a high-performing team, fostering collaboration and accountability.
• Strategic & Analytical Thinking: Strong capacity to analyze complex financial data, anticipate risks, and formulate effective strategies.
• Regulatory & Compliance Awareness: Thorough understanding of the regulatory environment and ability to ensure compliance.
• Communication & Stakeholder Management: Excellent interpersonal, negotiation, and presentation skills to engage with senior management, regulators, and external partners.
• Decision Making & Problem Solving: Confident in making timely, informed decisions under pressure.
• Integrity & Ethics: Commitment to high ethical standards and maintaining confidentiality.
• Technical Proficiency: Skilled in treasury management systems, financial modelling, MS excel, and relevant financial software.