Career
Opportunities at Equity Bank
Equity Bank is one of the region’s leading Banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern, inclusive financial services that maximize their opportunities.
Equity Bank is one of the region’s leading Banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern, inclusive financial services that maximize their opportunities.
Currently
the Bank is seeking additional talent to serve in the roles outlined below.
1. Program Manager - Business Continuity
1. Program Manager - Business Continuity
The
successful candidate will work within the Bank’s risk department and report to
the General Manager-Operational Risk.
He/she
is expected to work closely with the Business Continuity Head in the planning,
implementation and maintenance of the Business Continuity and Disaster Recovery
Program (BCP/DRP).
Key Responsibilities:
- Maintain the
BCP/DR related records for the bank. Ensure the organizations’
conformance and alignment to the regulatory BCP/DR requirements, ensuring
that gaps are identified (if any) and mitigated
- Coordinate the
BCP/DR efforts during each phase of the bank’s BCP/DR Program
- Generate reports
of program status to the bank’s Senior Management, Operations leaders,
Account Owners, and other key stakeholders
- Coordinate and assist
the execution of each Business Continuity/ DR Testing from beginning to
end
- Generate the
Training and Awareness materials for Business Continuity and manage the
result of exams
- Drive and
facilitate discussions with the bank’s Incident Management team in actual
disaster events and in simulated exercises
- Educate the
business partner in the understanding of BCP/DR capabilities, and ensure
relevant documentation is in place prior to the completion of any
migration project
- Train new and
existing employees in all matters related to Business Continuity
Candidate’s
Profile and Qualifications
- Bachelor of Arts
or Science in any field
- Experience in
implementing Business Continuity Management or knowledge of BS 25999 standard
required or preferably a minimum of 2 years performing in a similar
capacity
- Advanced skills
in Microsoft Office - Excel, Access, PowerPoint
Desired
Knowledge, Skills and Ability
- Strong
analytical skills
- Computer
proficiency
- World class
customer service skills
- Strong
communication and negotiation skills
- Team player with
excellent interpersonal skills
- Excellent
financial and business acumen
- Excellent
organization and planning skills
- Strong
leadership skills
2. Risk Manager - Credit Card and Electronic Payment
The
successful candidate will work within the Banks risk department and report to
the General Manager-Operational Risk.
Key Responsibilities
- Perform
analytics to develop credit card policies, credit card strategies, line
assignment strategies, and APR optimization
- Educate merchant
on violation/authorization issues including regulations surrounding the
electronic transfer of data and money
- Oversee the
procurement of chargeback monitoring tools
- Identify and
articulate long-term solutions and strategic responses to chargeback
issues, as well as friendly and real fraud
- Monitor
merchants credit card processing activities using various risk and
chargeback monitoring tools
- Consistently
monitor all merchants for potential chargeback and/or risk issues
- Participate in
software and system configuration projects for credit Card risk management
- Basic experience
with statistical techniques and data manipulation
- Contribute to
the development of credit card strategies to manage unit and loss rates
using statistical techniques to optimize the yes/no decision
- Execute MI to
actively monitor accounts post booking to ensure all KPIs are being met or
exceeded
- Report on
deviation from expected results and address accordingly through
appropriate actions
- Work closely
with Fraud Management and Fraud Specialists in performing detailed
analysis and making critical business recommendations to enhance
performance for reducing fraud loss/ exposure
- Analyse fraud
loss trends using analytical disciplines, identifying root-cause and
producing targeted solutions to mitigate loss
Candidate’s
Profile and Qualifications
- Bachelors Degree
in any related field
- Experience using
analytics and data to develop value-add business outcomes
Desired
Knowledge, Skills and Ability
- Ability to
manage multiple projects and work within cross functional teams
- Ability to
present ideas and concepts in a clear and concise manner
- Awareness and
academic knowledge about statistical techniques such as CHAID, logistical
regression and other modeling techniques
- Basic knowledge
about compliance and regulatory requirements for strategy development and
risk management activities related to electronic movement of money and
data
- Ability to
address problems and implement highly effective solutions with a sense of
urgency and assertiveness
- Basic
understanding of retail credit practices (credit cards preferred) and
business P&L drivers
- Critical
thinking and problem solving skills
- Excellent
communication skills and knowledge of statistical software packages
- Advanced IT
skills in Microsoft Office – Excel, Access, PowerPoint, SQL
3. General Manager - Credit Risk
Key
Responsibilities
- Develop
scorecards and loss models for quantifying credit exposure
- Develop internal
ratings framework for support of credit decision-making
- Develop IT data
mart that supports scorecard and loss models
- Create and
develop automated platform for analytics and integrate it with existing
systems
- Undertake
quantitative internal capital adequacy assessment process in relation to
credit risk analytics
- Develop
Basel-compliant probability of default (PD), Loss Given Default (LGD) and
Exposure at default (EAD) models.
- Create portfolio
based framework for measuring credit risk
- Work with market
research to develop customer-related analytics
- Work with market
risk and operational risk analytics to aggregate exposure for enterprise
risk management
- Create
integrated platform with operational risk and market risk analytics to
quantify integrated risk
- Revise ERM
framework to include quantitative measures for aggregating overall bank
risk in conjunction with operational and credit risk
- Continuous
evaluation of portfolio quality through the establishment of portfolio
based analytics
- Assist in
product introduction and uptake into the market
- Facilitate
customer service to multiple access points and channels
Candidate’s
Profile and Qualifications
- 7 to 10 years
banking experience with at least 5 years in a risk management-related role
- Post-graduate
qualifications, such as: CFA, CPA, FRM, PRM, RMA
- PhD or Masters
from a recognized institution with a concentration in a quantitative
discipline would be an added advantage
- Experience in
emerging markets in a banking industry
- Experience in
achievement of Basel compliance
- Deep capital
market knowledge in the countries where he/she has worked, Kenya and
surrounding countries a plus
Desired
Knowledge, Skills and Ability
- People
management and leadership skills
- Strong
analytical skills
- Strong
communication skills- both verbal and written
- Team player with
excellent interpersonal skills
- Proficiency in
at least one statistical programming language - preferably R, SAS or SPSS,
VBA, C++
- Good working
knowledge of MS office suite especially Ms Excel/VBA
4. General Manager - IT Risk
The
role holder will be responsible for managing diverse issues including fraud,
regulatory compliance, risk frameworks and modeling, capital efficiency, corporate
governance, dispute
resolution and deriving value from contracts.
Key Responsibilities
resolution and deriving value from contracts.
Key Responsibilities
- Ability to deal
effectively with technology related risks and derive maximum value from
data and documentation
- Represent the
risk team in working groups such as change steering groups, risk system
support & upgrade projects
- Craft policy and
strategy on software purchase/upgrade
- Produce periodic
management reports on the impact of IT risk issues on operational and
reputational risk
- Craft and
maintain IT risk policy on how to deal with external and internal threats
to the integrity of the bank’s IT infrastructure
Candidate’s
Profile and Qualifications
- Degree/Masters
in IT or Computer science
- Proven
experience of successfully delivering technology risk analysis within a
bank/financial service
- Experience in
working within a dynamic IT consultancy environment with a focus on IT
risk
- Experience in
business analysis and understanding of core business processes in a
financial institution
- Proven track
record of working within a Technology Risk team, where a large amount of
the work involved providing consultancy, advice, assurance and attestation
of the banks IT systems and processes, IT risks, IT controls and IT
projects.
- This work should
have been delivered through standalone assignments, or as part of broader
multi-disciplinary projects, periodic trouble shooting of IT
infrastructure to evaluate internal and external risk factors
- Experience of
end-to-end Project Management
- A good
understanding of technology platforms
Desired
Knowledge, Skills and Ability
- Ability to
present on specific subjects to a large group of people
- Ability to
identify and assess complex IT risks and controls, to relate them to the
wider business environment and to express opinions clearly to all levels
- Ability to
develop excellent client and internal relationships
- Ability to
deliver work within tight timescales
- Knowledge of
computer networks administration
- Knowledge of
software development cycles and procedures
5. General Manager - Market Risk
Key
responsibilities
- liaise with
various Front Office, Middle Office and market risk teams to facilitate
inception, definition, documentation, testing and implementation of Market
Risk Infrastructure projects
- Produce
requirements for new development projects, and contribute to detailed
project planning activities for such initiatives
- Understand and
be comfortable with market risk concepts, including risk characteristics
of different asset classes, risk sensitivities, historical VaR and other
VaR methodologies
- Implement new
methodologies for new product launches
Candidate’s
Profile and Qualifications
- Quantitative
degree: Actuarial Science, Mathematics, physics, MBA, MSC Finance
- 7 to 10 years
banking experience with at least 5 years in a risk management-related role
- Post-graduate
qualifications, such as: CFA, CPA, FRM, PRM, RMA
- PhD or Masters
from a recognized institution with a concentration in a quantitative
discipline would be an added advantage
- Experience in
emerging markets in a banking role banking industry
- Experience in
achievement of Basel compliance
- Deep capital
market knowledge in the countries where he/she has worked, Kenya and
surrounding countries a plus
- Strong product
knowledge across FX and/or rate. As well as being able to understand risk
models and metrics
- Strong knowledge
of AIM modeling
- Experience
across multiple asset classes including Fixed Income, equities,
commodities, credit, and FX
- Good
understanding of Value at Risk and related risk systems exposure
Desired
Knowledge, Skills and Ability
- Strong
communicator in order to manage various stakeholders within the business
- Demonstrated
people management and leadership skills
- Strong
analytical skills
- Team player with
excellent interpersonal skills
- Proficiency in
at least one statistical programming language-preferably R, SAS or SPSS
- Good working
knowledge of MS office suite especially MS Excel
6. Quantitative Analyst
The
successful candidate will work within the Bank’s risk department and report to
the General Manager-Enterprise Risk.
Key Duties and Responsibilities
- Carry out
analytical research for credit, market & operations risk
- Codifying
scorecards methodologies across the bank
- Creating and
validating interest rate (IR) models
- Creating credit portfolio
loss models
- Customers
profiling/segmentation
- Supporting the
bank’s traders by providing algorithmic models
- Liquidity risk
modelling
- Profitability
modelling
Candidate’s
Profile and Qualifications
- A degree from a recognized
university in a numerate field such as Mathematics and computer science,
Mathematical/Applied Statistics, Economics/Econometrics and statistics etc
- A minimum 2 to 3
years operational experience in the banking industry, especially, Credit,
Operations or Treasury
- IT proficiency
and/or background is a major advantage
- Understanding of
banking operations particularly credit appraisals, sales, marketing,
customer service and fraud
Desired
Knowledge, Skills and Ability
- Understanding
and flair for quantitative modeling techniques.
- Experience or
training in the use of statistical softwares (SAS, S PSS, Stata, Epi,
Excel Stats, R, Oxmetrics)
- Experience or
training in the use of reporting and querying tools (Crystal Reports,
TOAD, SQl)
- Experience
handling large data sets and databases (Oracle, Sybase, Tera data, DB2)
- Proven knowledge
of any programing language
- Knowledge and
practical application of Monte Carlo simulations
- Creation of
statistical/mathematical, and cash flow models
- Creating trading
robots
7. Research Economist
The
successful candidate will work within the Bank’s risk department and report to
the General Manager- Enterprise Risk.
Key
Duties and Responsibilities
- Carrying out
continued research and analysis on the currency movements and trends
- Project design
and set up, managing data collection, modelling work and presenting
findings and recommendations
- Developing/back-testing
investment strategies
- Providing model
based interest rate forecasts and the development of market mix
models/predictive/econometric models
- Data
manipulation, extraction and analysis
- Investigating
global and regional macro-economic movements as well as policy
developments
- Writing model
development and validating documentation, ensuring all aspects of model
delivery comply with regulatory and internal policy requirements and
working closely with the entire risk department when modelling
Candidate’s
Profile and Qualifications
- MA
(Economics/Statistics), MSc. (Econometrics/Financial Statistics)
- 3 years operational
experience in the banking industry, especially, Credit, Operations or
Treasury
- IT proficiency
and/or background is a major advantage
Desired
Knowledge, Skills and Ability
- Experience or
training in the use of reporting and querying tools (Crystal Reports,
TOAD, SQL)
- Knowledge of
Oracle databases - Database management
- Proven knowledge
of any Programming language
- Knowledge of
Monte Carlo simulations and other analytical expertise e.g. advanced time
series modelling skills
- Advanced skills
in Microsoft Excel is desirable
- Strong grounding
in econometric modeling skills and experience in statistical analysis to
predict future trends and financial market behavior patterns
- Working
knowledge of statistical software such as R, Stata, SAS is desirable
- Ability to
convert analysis into real actionable solutions
If
you meet the above requirements, please submit your application quoting the job
you are applying for with a detailed Curriculum Vitae, current remuneration and
daytime telephone contact and email address to jobs@equitybank.co.ke by 19th
July 2013.
Only
short listed candidates will, be contacted.
Equity
Bank is an equal opportunity employer.
We
value the diversity of individuals, ideas, perspectives, insights, values and
what they bring to the workplace.
