HFC Limited, an integrated property and financial solutions provider has an exciting opportunity in our Risk and Compliance Division. We are seeking for talented, dynamic, self-driven and results oriented individual who is committed to performance excellence and participating in our growth strategy.
Manager, Financial Risk
Management
Reporting To: Head of Risk and Compliance
Overall Job Purpose
The Manager, Financial Risk
Management, will support coordination and implementation of HFC’s market and
liquidity risks management frameworks, policies and procedures by ensuring
adequacy and effectiveness in identification, measurement and control of
financial risks.
Principle Accountabilities
- Regular
reviews of the trading environment including the trading strategies,
products, markets, and liquidity to ensure adequate risk control measures
are in place.
- Monitoring
of market risk and liquidity risk exposure against limits as per policies
and reporting on underlying reasons for market changes.
- In
collaboration with the Front Office and Back Office operations, ensure key
risks are identified and effectively controlled prior to introduction of
new products.
- Development
of plausible statistical forecasting techniques to predict movements in
market/liquidity risk factors for scenario analysis and comprehensive
stress testing.
- Preparation
of statutory Liquidity Coverage (LCR) and Net Stable Funding (NSFR) ratios
reports as per the requirements of BASEL and CBK Risk Management
Guidelines.
- Effectively
aligning limits (VaR, sensitivities, gap analysis) including applicable
risk policies/procedures with the Bank’s overall risk appetite.
- Predictive
modelling of deposits’ behavior for effective management of liquidity and
interest rate risks.
- Periodic
validation of MTM process by ensuring that the MTM sources are updated and
reflective of market rates.
- Regular
reviews and analysis of IRRBB for reporting to senior management
- Periodic
monitoring and reporting on counterparty credit risk exposure in the
trading book.
- Supporting
the ICAAP and ILAAP process for HFC.
Minimum Qualifications, Knowledge and Experience
- A
University degree from a recognized university in Mathematics,
Accountancy, Finance, Economics, Actuarial Science, Statistics or related
field.
- Professional
qualification in either CPAK / ACCA or MBA degree is required
- Qualifications
in ACI Dealing, PRM, FRM or CFA is an added advantage
- 5
years’ experience in financial risk management unit of a bank
Key Competencies and Skills
- Good
management skills including organizational, presentation and
problem-solving skills.
- Demonstrated
high integrity and team spirit.
- Possess
excellent analytical skills
- Advanced
proficiency in Excel
How to Apply
Application Deadline
15 February 2023