ALCO Reporting Manager at KBZ Bank

Yangon City, Yangon, Myanmar -

Full Time

Start Date

Immediate

Expiry Date

20 May, 26

Salary

0.0

Posted On

19 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

ALCO Reporting, Balance Sheet Management, Cash Flow Management, Asset Liability Strategy, Risk Identification, Foreign Exchange Exposure, Cash Balance Monitoring, Financial Forecasting, Regulatory Compliance, Financial Analysis, Financial Modeling, Business Plan Assessment, Investment Analysis, Data Automation, Financial Recommendations, Variance Analysis

Industry

Banking

Description

Produce the monthly / weekly Assets and Liabilities Committee Report (ALCO). Manage balance sheet, cash flow, and ensuring provision of funds for the company. Implement an assets and liabilities strategy (gapping) that optimizes the companys return, in accordance with the ALCOs guidelines/ recommendations. Prepare ongoing assessment of asset & liability mismatches and managing the implementation of required short and medium term financing structures. Identify potential financial risks for the company, ensuring they do not adversely affect company funds (e.g. foreign exchange exposures). Monitor daily cash balances, and surplus cash for other assets (e.g. money markets, fixed income). Forecast cash payments and anticipating potential challenges arising from limited cash flow. Ensure compliance with the regulatory requirements (e.g. reserve requirements). Analyze the impact of international markets on the performance of company products or services. Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision-making purposes. Provide variance analysis and commentary in support of the MI Pack, incorporating notes and updates as directed. Continually adapt and improve management reports as agreed with Head of Finance or Chief Financial Officer (CFO). Participate financial modelling, business plan assessment and analysis on potential investment. Analyze financial data – and create financial models for decision support. Increase productivity by developing automated accounting applications; coordinating information requirements. Create the standard and ad-hoc reports, tools, and Excel dashboards including the regulatory reporting. Back up support to immediate supervisor/manager, and Other ad hoc duties as prescribed by the Senior Finance Team to assist in achieving Finance Functions objectives. WHO WE ARE Since 2017, KBZ Bank has undergone a significant transformation to become Myanmar's leading digital and mobile-first bank. Our initiatives have included restructuring leadership, enhancing risk management, and improving transparency. Notably, we launched KBZPay in 2018, a mobile wallet now serving over 10 million users, greatly expanding financial inclusion. Recognized for our governance and inclusion efforts, we continue to drive growth and accessibility in Myanmar's banking sector. WHAT'S IN IT FOR YOU: Rapid growth opportunities with a steep learning curve. A dynamic and challenging work environment in the banking sector. Commitment to your personal and professional development. A diverse and international team fostering inclusion. Engaging in company and team events. Immediate responsibility and impact in a fast-evolving global bank. Comprehensive benefits include health insurance and ongoing learning and development opportunities.

Responsibilities

The role involves producing weekly/monthly ALCO reports, managing the balance sheet and cash flow, and implementing an asset and liabilities strategy to optimize returns according to ALCO guidelines. Responsibilities also include identifying financial risks, monitoring cash balances, ensuring regulatory compliance, and providing timely financial recommendations to management.