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Team Leader, Asset Liability Management

Duty Station (details)
Rome
Duration of Assignment
1-year fixed term (renewal subject to availability of funds)
Organizational Context
IFAD is an International Financial Institution and a Specialized Agency of the United Nations whose mission is to enable poor rural people to overcome poverty. IFAD’s headquarters is in Rome, Italy, and its staff work with poor rural people, their governments, communities and organizations in more than 80 countries to develop and finance programmes and projects aimed at increasing rural productivity and incomes.
Division Context
The Treasury Division (TRE) of the International Fund for Agricultural Development (IFAD) is responsible for the Fund's overall asset and liability management, including daily cash flow operations, longer-term resource projections and planning, investment and liquidity policy formulation and implementation, currency alignment and financial risk management.
Through a number of internal committees, TRE directly supports the President and Senior Management in making corporate decisions that impact financial and operational resources. Headed by a Division Director, TRE relies on three operating units to deliver these services; they are the Cash Management, Liquidity Management and Asset Liability Management Units. Each of these Units is managed by a Team Leader.
Duties and Responsibilities
IFAD currently seeks a Team Leader for the Asset Liability Management Unit.
The Asset Liability Management Unit was designed with a specific emphasis on a risk management approach through an ALM framework, which means the group performs risk management measures and analyses both in the portfolio analytics and through resource modelling.
Under the direct supervision of the Assistant Treasurer and the overall guidance and supervision of the Treasurer and in close coordination with other Treasury Team leaders , the incumbent shall;

- Provide leadership and guidance to the Asset Liability Management team and supervise its resources;
- Develop a coordinated work plan for the Asset Liability Management team and orchestrate its implementation;
- Ensure the timely execution and delivery of Asset Liability Management services to internal and external parties;
- Develop and evaluate the performance of staff in the Asset Liability Management Unit;
- Represent the Office of the Treasurer on Asset Liability Management matters at internal / external meetings and conferences as requested by the Assistant Treasurer or Treasurer;
- Lead the management of the overall reporting framework for TRE;
- Coordinate with the other Treasury Team Leaders for the timely completion and delivery of cross cutting outputs within TRE;
- Champion knowledge sharing within the Cash Management team so that the overall capacity of the team is enhanced;
- Act as focal point for Financial Risk Management and coordinate the activities of the ALM team in this respect;
- Performs other related tasks as requested

FUNCTIONAL STATEMENT

1. Develops awareness of issues and options for protecting financial sustainability by way or risk assessment and other financial management intelligence.
2. Identifies key factors which accentuate or mitigate risks in financial management; recommends policy changes to promote integrity of current systems
3. Measures ALM methodologies for assessing financial risks against current and potential operating scenarios and for preserving financial capital.
4. Assesses current monitoring systems for validity, recommends changes to promote effectiveness and alignment to program needs
5. Develops network of collaborators on issues of financial risk management
6. Builds understanding of the development of risk assessment techniques to identify all forms of financial exposure, focusing on relevance to IFAD financial management environment
Education and Experience
- Master’s degree or equivalent in finance, economics, business or related studies. Appropriate professional accreditation or qualification (such as CFA, CAIA, SIP) is highly desirable;
- Minimum of eight years of progressively responsible experience in treasury or related work, of which at least two years should be with an international financial institution;
- Proven experience in asset liability management; and
- Expertise in financial modelling and scenario analysis is essential.
Tech/Functional Competencies
- Financial Management Expert: you possess a wealth of experience and knowledge with capacity to balance between strategic perspectives and analytical/technical concepts.
- Results-Oriented Organizer: you have excellent organizational abilities and can coordinate a reliable platform of services regarded for quality and attention to detail
- Excellent Networker: you combine technical excellence with professional acumen in establishing and fostering professional strategic relationships in the financial community
- Team Builder / Leader: you have the ability and a proven experience as a manager of staff in a multicultural environment
- People management skills: you possess in-depth experience of managing diverse teams
Communication
- Excellent written and verbal communication skills in English, including the ability to set out a coherent argument in presentations and group interactions; working knowledge of an additional IFAD language (Arabic, French, Spanish) is an asset; and
- Working knowledge of Microsoft packages and electronic communication.
Other Information
Applicants should note that IFAD staff members are international civil servants subject to the authority of the President of IFAD, and they may be assigned by him/her to any of the activities of IFAD, including field assignments and/or rotation within IFAD.
IFAD reserves the right to appoint a candidate at the appropriate grade commensurate with experience and knowledge.
Interested candidates are requested to apply by completing IFAD’s Personal History Form (PHF) in English. A separate CV may be attached if you so desire, only as a supplement and not a substitute to the PHF. The application should be made through the online system only.
In the interest of making most cost effective use of funds and resources, we are only able to respond to applicants who are short-listed for interview. Candidates who do not receive any feedback within three months should consider their application unsuccessful.
Candidates may be required to take a written test and to deliver a presentation as well as participate in interviews.


Team Leader, Asset Liability Management P-4 - Treasury Division - deadline: 14 May 2011