Market & Liquidity Risk Manager
Job Purpose
This role will support coordination and implementation of the Bank’s market, liquidity and risk management policies and processes. The role will also be expected to support the identification and evaluation of market and liquidity risks.
Key Responsibilities
- Management of the Market and Liquidity Risk function.
- Assisting in the planning and implementation of the liquidity risk, market Risk and Profit Rate Risk in the Banking Book policies, Enterprise Risk
Management Framework and ensuring compliance by the different business units.
- Participating in preparation of reports for the different committees.
- Assisting in the liquidity, and market risk quantification under the ICAAP process.
- Overseeing the daily capturing, monitoring, controlling, and reporting of the Bank’s market and liquidity risks and ensuring these are reported
accurately.
- Ensuring detailed understanding of all P&L and risk drivers and ensuring compliance levels against established risk appetite.
- Suggesting, developing, and implementing measures leading to a better risk
management framework and improvement of internal controls.
- Ensuring adequate limits (VaR, sensitivities, stress testing) and risk
framework are in place aligning with the Bank’s overall risk appetite and
desk mandates.
- Work closely with the Front Office and Back Office Operations to ensure key risk issues are highlighted and addressed prior to introduction of new
products.
- Recommending market risk limits (dealer limits, exposure limits etc.) in line with the approved market risk appetite of the Bank.
Gaining an understanding of the trading environment in which the
different desks operate, including the trading strategies, products, markets, and
liquidity and discussing and challenging the hedging strategies.
Investigating and explaining changes in the Trading Book Regulatory
Capital.
Monitoring Counterparty Credit Risk in the Trading book and
developingbasic metrics used to capture and manage it (e.g., Expected Positive Exposure, Potential Future Exposure).
Development of comprehensive stress test scenarios covering key
market
and Liquidity risks in the trading environment and ensuring periodic stresstests are done in line with regulatory requirements and for management decision purposes.
Responsible for the overall implementation of the Liquidity risk
management framework in liaison with Treasury.
Job Specification: Education:
- Bachelor’s Degree in Economics, Finance, Mathematics, Actuarial Science
- Certified Public Accountant (K) or its equivalent
- Postgraduate qualifications such as CFA and MBA will be an added
advantage
Training/Skills
- Accounting & Financial Capability;
- Banking Operations,
- Treasury Front/ Back office,
- Products & Processes Knowledge & Skills;
- Relevant Product
Work Experience :
- Minimum of five (5) years’ experience in a financial institution handling
Market and Liquidity Risk.
Competencies:
- Leadership
- Coaching & Mentoring
- Quantitative
- Analytical Thinking
- Innovative Thinking
- Planning & Organizing
- Team Orientation; Initiative
- Communication Skills
How to apply
Please send your CV and cover letter to careers@dibkenya.co.ke by 19th November 2022, Quoting The role as the
Subject of the email application..
