1. Planning
- Build and implement activities plan according to functions & duties of PBSM Dept. in each period.
- Build and implement policies/ procedures/ regulations of IVB in each period.
- Manage and monitor activities of PBSM Dept. in each period.
2. Manage and operate overall activities:
2.1. Policy development
- Monitor the operation of issued documents, support business units in implementing these policies, and propose and draft amendments and supplements to suit the provisions of the law, the SBV, and the operation of Indovina Bank from time to time.
2.2. Asset Liability Management (ALM)
- Provide reports and suggestions to BOE about the Bank’s interest rate and liquidity risk.
- Consult the ALCO Council on implementing appropriate monitoring criteria for Balance Sheet/ Asset structure and fund management; Be the secretary of the ALCO Council.
- Manage risk of liquidity, interest rate and currency
- Analyze the customer behavior on both the asset side and the liability side.
- Coordinate with the Risk Management Department (a focal unit) in developing the risk interest rate strategy for IVB.
- Solve any ALM issues according to the warnings from the Risk Management Department.
2.3. Balance sheet management
- Centralized balance sheet management: Perform centralized internal capital management with BUs; manage and monitor the liquidity of the entire IVB system according to the SBV’s regulations in each period.
- Track and balance the Required Reserve to ensure the required reserve ratio at the SBV.
- Operate and monitor the application of fund transfer pricing (FTP) operation, lend and deposit rate policies under approved mechanisms, provide suggestions to BOE for amending/ supplementing the Fund transfer policies, interest rate policies based on market situation, and maximize the IVB’s productiveness. FTP and interest rate policy management
- Short-term cash flow (under 03 months) and liquidity management to minimize risks. Coordinate with the MMD in constructing fund contingency plans according to regulations.
- Implement the fund transfer (Viet Nam Dong and foreign currency) for all units in the whole IVB system.
- Manage the funding position of the entire system according to regulations of the SBV and IVB in each period and provide solutions to optimize funds.
- Monitor and report the prudential ratios in operation about liquidity ratio and solvency ratio according to regulations of the SBV and government’s administrative agencies in each period.
- Monitor the daily operation of the MMD to provide timely suggestions and advice. Analyze and evaluate the liquidity management operation to ensure liquidity safety and feasibility while maximizing profitability.
- Develop and implement the plan for fund management solutions as requested by the Division Leaders and BOE in each period.
