POSITION DESCRIPTION
JOB TITLE: MANAGER, ASSETS & LIABILITIES MANAGEMENT (ALM)
REPORTS TO: CHIEF TREASURY & MARKETS OFFICER

JOB PURPOSE
The job holder will be responsible for the overall management of the Bank’s
balance sheet, ensuring optimal levels of liquidity / funding, interest rate risk
management, and compliance with regulatory requirements. This role
involves developing, recommending, and implementing ALM strategies,
policies, and procedures to optimize the balance sheet, within the bank’s
risk appetite framework, to support overall business growth. Crucially, this
role serves as the Secretary to the Assets and Liabilities Committee (ALCO).

KEY RESPONSIBILITIES /KEY DELIVERABLES
§ Act as the Secretary to the Assets and Liabilities Committee (ALCO).
§ Prepare the agenda, collate relevant data and reports from all
stakeholders, and distribute comprehensive ALCO meeting packs in a
timely manner.
§ Document the official minutes of the meeting, ensuring accurate
recording of discussions, decisions, and action items related to the
bank’s balance sheet strategy, risk exposures, and regulatory
compliance.
§ Follow up on the implementation status of decisions and resolutions
made by the ALCO.
§ Develop and implement comprehensive ALM strategies, policies, and
procedures in line with the bank’s strategic goals, regulatory
requirements (Bank of Uganda), and market conditions.
§ Monitor and analyze key balance sheet components, including loans,
deposits, investments, and borrowings, to identify and manage
structural risks.
§ Prepare and present detailed ALM reports to the Bank’s ALCO (Assets
and Liabilities Committee), Executive Management, and the Board.
§ Act as Secretary to the Management ALCO.
§ Manage the bank’s daily and long-term funding requirements and
liquidity position.
§ Ensure compliance with regulatory liquidity requirements, including
the Liquid Assets Ratio (LAR), Liquidity Coverage Ratio (LCR) and Net
Stable Funding Ratio (NSFR).
§ Maintain, update, and manage the execution of the Contingency
Funding Plan (CFP) (or Contingency Liquidity Plan), outlining clear
procedures and triggers for managing liquidity stress events.
§ Conduct regular liquidity stress tests and scenario analyses.
§ Lead the preparation and annual review of the Internal Liquidity
Adequacy Assessment Process (ILAAP) document, ensuring it
comprehensively details the bank’s liquidity risk profile, stress testing
results, and internal limits.
§ Measure, monitor, and manage the bank’s exposure to Interest Rate
Risk in the Banking Book (IRRBB) using various metrics (e.g., Earnings
at Risk, Economic Value of Equity).
§ Conduct scenario and stress testing on interest rate risk exposures.
§ Develop and execute structural hedging strategies to protect Net
Interest Income (NII) and capital from adverse movements in interest
rates.
§ Manage and refine the bank’s Funds Transfer Pricing framework to
accurately reflect the cost of funds and the return on assets, promoting
optimal business unit behavior and profitability.
§ Ensure consistency and transparency in the application of FTP across
all business lines.
§ Assist in capital planning and optimization to ensure the bank
maintains adequate capital levels in compliance with regulatory and
internal targets.

BUSINESS BEHAVIOURS
§ Passion: Committed to excellence, delivering outstanding results and
making a positive impact on our customers and stakeholders.
§ Teamwork: Collaborates, mutual respect, and diverse perspectives, to
achieve shared success and deliver greater value to the Bank.
§ Integrity: Uphold honesty, transparency, and accountability, ensuring
ethical practices in every action.
§ Innovation: Embrace creativity and forward-thinking, continually seek
new solutions to enhance customer experience and drive business
growth.

QUALIFICATIONS, EXPERIENCE AND COMPETENCIES REQUIRED
§ Bachelor’s degree in Finance, Economics, Statistics, Mathematics, or a
related quantitative field.
§ A professional accounting qualification (ACCA or CPA) is an added
advantage.
§ Minimum of 5 years of progressive experience in Treasury, Financial
Planning & Analysis (FP&A), Financial Reporting or Financial Risk
Management within a commercial bank or financial institution,
preferably in Uganda.
§ Deep understanding of banking products, balance sheet composition
and financial markets.
§ Proficiency in financial modelling and analysis.
§ Regulatory Knowledge: Strong working knowledge of Bank of Uganda
(BOU) regulations and international banking standards (e.g., Basel III).
§ Advanced knowledge of Microsoft Excel, Word and PowerPoint.

THE FOLLOWING DOCUMENTS SHOULD ACCOMPANY THE
APPLICATION
§ Cover letter, Detailed CV, and Copies of academic documents all as
one file.
MODE OF APPLICATION
§ Online applications addressed to Chief People & Strategy
Officer, Pearl Bank Uganda.
§ Send application to hr@pearlbank.com with job title as
subject.
§ Closing Date: Friday 9th January 2026 at 5:00pm.
§ Only shortlisted candidates will be contacted.
Pearl Bank Uganda Ltd is an equal opportunity employer