Title:  Manager, Liquidity & ALM

OVERVIEW

JOB PURPOSE

This role is responsible for executing the processes of liquidity monitoring and management, as well as analyzing and reporting on ITFC’s balance sheet risks, including liquidity, funding, interest rate, and foreign exchange risks. The Manager also contributes to the implementation of the Funds Transfer Pricing framework to support ITFC’s profitability management. The role works closely with the Senior Manager, Liquidity & ALM, to ensure robust risk oversight and informed decision-making at Treasury and ALCO levels.

KEY ACCOUNTABILITIES

Organizational Unit Responsibilities

• Identify and implement improvement initiatives to enhance the effectiveness and efficiency of the Liquidity & ALM function.
• Prepare periodic and ad-hoc reports to support Treasury management, ALCO, and other governance committees.
• Contribute to the development and enhancement of Treasury policies, procedures, and systems.
• Ensure proper documentation, controls, and audit trails are maintained for all Liquidity & ALM activities.
• Collaborate with colleagues across Treasury and other departments to ensure integrated and aligned decision-making.
• Support knowledge sharing and capacity-building initiatives within the Treasury function.

Technical Responsibilities

Liquidity & Cash Flow Projections Management

• Monitor and update ITFC’s liquidity and cash position on a daily basis, ensuring sufficient funds are available to meet obligations.
• Execute daily liquidity monitoring activities in compliance with internal limits and regulatory requirements.
• Prepare short-term and medium-term cash flow forecasts and conduct stress testing.
• Monitor maturity profiles, bank account balances, and funds movements, escalating issues to the Senior Manager where required.
• Coordinate with internal departments and external entities to manage disbursement and replenishment needs.
• Assisting in developing ITFC’s future cash movement plans and ensure availability of necessary liquidity
• Assisting Senior Manager in providing instructions to Treasury dealing for Investments and Borrowings
• Assist in the system development & enhancements for Treasury ALM activities.

Asset-Liability Management

• Contributing to Managing balance sheet, cash flow, and ensuring provision of funds for the company.
• Perform balance sheet analysis (gap, duration, interest rate risk, FX risk).
• Conduct scenario analysis and prepare reports for Senior Manager review and ALCO submissions.
• Support the development and implementation of ALM policies and frameworks.
• Contribute to implementing an assets and liabilities strategy (gapping) that optimizes the company’s return, in accordance with the ALCO’s guidelines/ recommendations.
• Contributing to developing and recommending financial policies, capital structure, hedging policies, as well as maintenance of bank relationships.

Funding & Transfer Pricing

• Assist in the execution of funding strategies, including borrowings and investments.
• Support the development, implementation, and maintenance of the Funds Transfer Pricing (FTP) framework.
• Contribute analysis and recommendations to optimize funding costs and returns.

Reporting & Compliance

• Produce accurate, timely reports for internal management, ALCO, Risk, and auditors.
• Ensure alignment with Internal policies and directives. 
• Maintain documentation for internal policies, controls, and compliance checks.

Networking & Partnership

• Keep abreast of market developments in liquidity, funding, and ALM.
• Build and maintain relationships with banking counterparts to support liquidity and investment activities.
• Represent ITFC in selected workshops, conferences, and professional forums as delegated.

KEY ACCOUNTABILITIES

ACADEMIC AND PROFESSIONAL QUALIFICATIONS

• Bachelor’s degree in finance, Economics, Accounting, or related field (Master’s preferred).
• Strong knowledge of liquidity and ALM frameworks (Basel III/IV, LCR, NSFR, IRRBB).
• Experience with Treasury and ALM systems and financial modeling tools.
• Treasury-related professional certification preferred (ACT, CFA, FRM, CTP, ACI).
• High degree of independence and accountability in execution.
• Strong analytical, problem-solving, and reporting skills.
• Ability to work independently while collaborating effectively with senior stakeholders.

SKILLS & NECESSARY KNOWLEDGE

• English is compulsory
• Arabic and/or French is an advantage
• Minimum of 4 years of experience in Treasury, Liquidity Risk, or ALM in a financial institution

ABOUT APPLICATION PROCESS

If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):

• Resume/CV
• Copy of passport
• Academic certificate

The Islamic Development Bank (IsDB) does not ask for payments of any kind from applicants throughout the recruitment process (job application, CV review, interview meeting, and final processing of applications). In addition, the IsDB does not request information on applicants’ bank accounts. The IsDB declines all responsibility for the fraudulent publications of job posts or job offers in its name or, in general, for the fraudulent use of its name in any way whatsoever.