Group Capital Specialist - Johannesburg, Pinelands

In brief

**Overview** This role as a Group Capital Specialist is based in Johannesburg and Pinelands, within Old Mutual's Capital and Liquidity Management Team, part of Treasury and Financial Markets. The team plays a strategic role in managing the Group’s capital and liquidity position to support shareholder value creation and financial resilience. It is described as a high-performing, analytically-focused team that partners with senior stakeholders across Finance, Risk, and Actuarial to optimise capital management, capital and liquidity planning, and funding strategies across Old Mutual Limited. The position offers exposure to all aspects of corporate treasury and capital management, including surplus capital forecasting and deployment, liquidity and solvency modelling, managing financial leverage, credit rating agency management, regulatory capital reporting, and balance sheet optimisation projects across the group and OM Bank. The specialist reports to the Senior Group Treasury Manager. **What you will do** Key responsibilities include: * Supporting the design, maintenance, and execution of Group capital and liquidity management frameworks across Group entities and holding companies. * Contributing to capital forecasting, dividend capacity analysis, and capital deployment assessments. * Assisting with capital and liquidity planning, stress testing, and scenario analysis in line with internal risk appetite and regulatory constraints. * Analysing capital, solvency, and liquidity trends, highlighting emerging risks and optimisation opportunities. * Supporting the preparation of inputs into Group Capital and Funding Plans. * Managing intragroup funding requirements and ensuring efficient liquidity allocation across entities. * Supporting the Group’s Debt Capital Markets programme, including issuance, refinancing, and investor engagement. * Overseeing dividend execution and exploring optimisation opportunities across insurance subsidiaries and the Group. * Managing cash and treasury share positions, including share purchases for employee schemes and monitoring of the share buyback programme. * Maintaining appropriate governance and controls across treasury operations and cash flow management. * Participating in and supporting balance sheet optimisation initiatives across Group businesses, including capital structure reviews, funding efficiency projects, and evaluation of corporate actions. * Providing analytical input into investment business cases and strategic initiatives with balance sheet implications. * Partnering with key stakeholders across Group Finance, Risk, and Actuarial to support capital strategy and policy execution. * Coordinating and supporting the external credit rating process. * Engaging with auditors, regulators, and other external stakeholders on capital, liquidity, and debt-related matters. * Participating in and supporting governance forums, including analysis and reporting to management and Board committees. * Developing and maintaining financial, solvency, and liquidity models to forecast solvency, funding, and dividend capacity. * Performing scenario and sensitivity analyses to assess capital adequacy and liquidity. * Presenting actionable insights to senior management to inform capital and funding decisions. * Preparing and presenting high-quality Treasury and Capital reports for the Board, Exco, and subcommittees. * Ensuring adherence to governance frameworks, internal policies, and external regulations. * Identifying opportunities to automate and streamline Treasury reporting and liquidity processes. * Contributing to ongoing initiatives focused on capital and liquidity optimisation across the Group. **Requirements (from the original advert)** * Relevant postgraduate qualification (Honours or Masters Degree) in Finance, Accounting, Banking, or Actuarial Science. * Additional professional qualification e.g., CASA, 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. * Proficient with financial services regulations, with thorough knowledge of Prudential Standards for Insurers and Insurance Groups and Basel being advantageous. * 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. * **Skills:** Accounting, Action Planning, Budget Management, Computer Literacy, Database Reporting, Data Classification, Data Compilation, Data Controls, Data Modeling, Evaluating Information, Legal Practices, Management Reporting, Numerical Aptitude, Oral Communications, Report Review. * **Competencies:** Strategic Thinking, Financial Acumen, Execution Excellence, Collaboration, Innovation, Influence and Impact, Customer Focus, Personal Mastery, Builds Networks, Business Insight, Drives Results, Ensures Accountability, Manages Complexity, Optimizes Work Processes, Organizational Savvy. **Who should apply** This role is well-suited to an individual who thrives in a dynamic environment, combining strategic insight with technical depth. The ideal candidate will have a strong postgraduate background in Finance, Accounting, Banking, or Actuarial Science, complemented by a minimum of 6 years of experience in balance sheet, treasury, or capital management within the insurance or financial services sector. They should possess advanced analytical and financial modelling capabilities, be proficient in financial services regulations, and have proven experience in areas such as surplus capital reporting, liquidity management, and debt programme execution. The successful applicant will be pragmatic, commercially astute, solutions-focused, and demonstrate strong interpersonal and communication skills to effectively engage with senior stakeholders. They will also exhibit competencies such as strategic thinking, execution excellence, collaboration, and a drive for results. **Deadline** 23 October 2026, 23:59 **Reference** Original posting: https://www.myjobmag.co.za/job/group-capital-specialist-johannesburg-pinelands-old-mutual Source: myjobmag

Summary drafted with AI assistance from the original advert. The advert itself is the authority — how we use AI.

At a glance

• At least 6 years of experience.

Extracted automatically from the advert; confirm requirements on the original listing.

Job description

Before you apply

• Confirm the requirements and closing date on the original listing (myjobmag). SPANi lists vacancies from other sites and may not reflect last-minute changes.
• Legitimate employers do not charge application, registration or training fees.
• Don't send your ID or bank details before you have confirmed the employer is real.

How to spot a job scam

Before you apply

• Read the full advert and confirm you meet the minimum requirements before applying.
• Tailor your CV headline and most recent experience to the job title and key skills.
• Note the closing date and reference number, and keep a copy of what you submit.
• Apply only through the employer or job board link — never pay to apply.