Exciting Positions at Kenya Commercial Bank Ltd
KCB, renowned for its diversity and growth in the region is
currently looking to strengthening its business development team with the aim
of responding to growing client needs in order to enhance client relationships
and increase shareholder value.
Market Risk Anaylst
Job Ref No RISK01/2010
1 Position
The Position
Reporting to the Head Market Risk, the Market Risk Analyst will
be responsible for ensuring that market risks are effectively measured,
monitored, allocated, controlled and reported as well as providing support for
maintenance of the risk management system for KCB and its subsidiaries.
Key Responsibilities
The major responsibilities of this position will be:‐
- Implementation
of a Middle Office / Market Risk System for the KCB Group.
- The
establishment of Entity VaR, business unit VaR’s and associated trading
limits and triggers thereby ensuring these are appropriately calibrated to
capital allocations and budgeted P&L. Authorization of headroom
allocations and motivation for increased limits on basis of risk‐reward relationship.
- Daily
risk reporting, analysis and commentary including weekly review of
backtesting failures. This includes VaR measurement, VaR proxy decisions,
collating of historic data, discussion of risk positions and changes with
traders, monitoring, reporting and reviewing of established limits ,
design and implementation of appropriate market risk reports, ALCO
reports, economic capital reporting etc.
- Ensuring
the accuracy of the mark‐to‐market pricing models and liaison with
market risk methods for assistance on quantitative matters.
- Support
the development of a Group market risk framework and policy to include the
above, models, limits, stress testing and scenario analysis
- Profit
& loss attribution analysis, provision reporting, price verification
and liaison with finance on reconciliation of reported results.
- Review
and research of economic indicators and discussion of positioning ahead of
possible market moves to maximize / minimize risk‐reward.
- Implementation
of Basle II and liaison with CBK
The Person
In order to be considered for the above position all applicants
should have:‐
- Minimum
of an upper second class first degree from a recognized university
preferably in a financial engineering, actuarial science or mathematical
discipline
- Professional
qualifications i.e. CFA, CPA, ACA, ACI, PRM or already enrolled to attain
one of the above qualifications
- At
least 3 years experience in banking or in a financial institution, with at
least two years exposure to market risk or the treasury function.
- Exposure
to valuation of financial instruments and IAS39
- Ability
to multi task, network and to be able to communicate with people at
different levels
- Be
focused on delivery and results within deadlines
- Proven
analytical skills and ability to analyze & evaluate financial reports
- Ability
to co‐ordinate tasks and people
and to be able to work individually or to work in a team and provide on
the job training when necessary
- Understand
the products traded in a treasury/derivative environment and the treasury
processes (front office, middle office, back office, risk)
- Good
knowledge of office automation skills (VBA) and the Microsoft office suite
The above positions are demanding roles which we will provide a
competitive package for the right candidates.
If you believe you can clearly demonstrate your abilities to
meet the criteria given above, please submit your application with a detailed
CV, stating your current position, remuneration level, e‐mail and
telephone contacts quoting the respective job title or Job ref no in the
subject field to recruitment@kcb.co.ke.
To be considered your application must be received by 29th
January 2010.
Only short listed candidates will be contacted.