Group Treasury Senior Specialist at Old Mutual

Job Description

• The Capital and Liquidity Management Team, within Treasury and Financial Markets, plays a strategic role in managing the Group’s capital and liquidity position to support shareholder value creation and financial resilience.
• This high-performing, analytically-focused team partners with senior stakeholders across Finance, Risk, and Actuarial to optimise capital deployment, liquidity planning, and funding strategies across Old Mutual Limited.
• The role offers exposure to all aspects of corporate treasury and capital management, including surplus capital forecasting and deployment, liquidity modelling, debt funding, credit rating agency management, and balance sheet optimisation projects. It is well suited to an individual who thrives in a dynamic environment, combining strategic insight with technical depth.
• The position reports to the Senior Group Treasury Manager.

Key Result Areas

Capital and Liquidity Management

• Support the design and execution of the Group’s capital and liquidity frameworks to ensure optimal capital deployment and funding resilience.
• Lead and enhance surplus capital reporting and forecasting across the life insurer and key holding companies.
• Manage capital and liquidity planning and stress testing, ensuring compliance with internal limits and regulatory standards.
• Contribute to the Group Capital and Funding Plans, ensuring alignment with strategic, solvency, and shareholder objectives.
• Analyse and interpret capital and liquidity trends, providing insights that inform strategic decision-making and risk management.

Treasury Operations and Funding

• Manage intragroup funding requirements and ensure efficient liquidity allocation across entities.
• Support the Group’s Debt Capital Markets programme, including issuance, refinancing, and investor engagement.
• Oversee dividend execution and explore optimisation opportunities across insurance subsidiaries and the Group.
• Manage cash and treasury share positions, including share purchases for employee schemes and monitoring of the share buyback programme.
• Maintain appropriate governance and controls across treasury operations and cash flow management.

Strategic and Regulatory Engagement

• Partner with key stakeholders across Group Finance, Risk, and Actuarial to support capital strategy and policy execution.
• Coordinate the external credit rating process, ensuring accuracy, timely updates, and effective communication of the Group’s financial position.
• Engage with auditors, regulators, and external stakeholders on capital, liquidity, and debt-related matters.
• Participation and support in governance forums, including reporting to relevant committees.

Financial Modelling and Insight

• Develop and maintain financial and liquidity models to forecast solvency, funding, and dividend capacity.
• Perform scenario and sensitivity analyses to assess capital adequacy and liquidity under various market conditions.
• Present actionable insights to senior management to inform capital and funding decisions.
• Governance, Reporting, and Continuous Improvement
• Prepare and present high-quality Treasury and Capital reports for the Board, Exco, and subcommittees.
• Ensure adherence to governance frameworks, internal policies, and external regulations.
• Identify opportunities to automate and streamline Treasury reporting and liquidity processes.
• Contribute to ongoing initiatives focused on capital and liquidity optimisation across the Group.

Qualifications and Experience Required

• Relevant postgraduate qualification in Finance, Accounting, Banking, or Actuarial Science.
• Additional professional qualification (e.g., CA(SA), FASSA, CFA) is advantageous.
• Minimum 6 years’ experience in balance sheet management, treasury, or capital management within insurance or financial services.
• Strong technical knowledge of solvency, capital, and liquidity frameworks as well as regulatory requirements.
• Proven experience in surplus capital reporting, liquidity management, funding operations, and debt programme execution.
• Experience with credit rating agency management and capital market transactions.
• Advanced analytical and financial modelling capability, with sound business judgment.
• Strong interpersonal and communication skills, able to engage effectively with senior stakeholders.
• Pragmatic, commercially astute, and solutions-focused with attention to detail.

Competencies

• Strategic Thinking – Aligns capital and liquidity decisions with shareholder and business priorities.
• Financial Acumen – Deep understanding of treasury, funding, and capital management frameworks.
• Execution Excellence – Delivers quality outputs and meets commitments under pressure.
• Collaboration – Builds strong relationships across Group Finance, Risk, and Actuarial teams.
• Innovation – Seeks efficiency through automation and improved reporting processes.
• Influence and Impact – Communicates analytical insights clearly and persuasively.
• Customer Focus – Balances business needs with sustainable, risk-conscious outcomes.
• Personal Mastery – Demonstrates accountability, resilience, and continuous learning.

Skills

• Accounting, Auditing (Inactive), Investments, Report Writing

Competencies

• Builds Networks
• Business Insight
• Drives Results
• Ensures Accountability
• Financial Acumen
• Manages Complexity
• Optimizes Work Processes
• Organizational Savvy

Education

• Bachelors Degree (B): Actuarial Science, Chartered Accountant  (Required)

Closing Date

• 19 November 2025