New
1 week ago
MARKET RISK MANAGER
Kaziweza Limited
Accounting, Auditing & Finance
Banking, Finance & Insurance
KSh
250,000 - 300,000
Easy Apply
Job Summary
The Market risk Manager shall be responsible for the measurement, monitoring, control and reporting of the Bank’s market risk.
- Minimum Qualification : Bachelors
- Experience Level : Senior level
- Experience Length : 5 years
Job Description/Requirements
Job Purpose Statement
The Market risk Manager shall be responsible for the measurement, monitoring, control and reporting of the Bank’s market risk.
Key Responsibilities
- Oversee the daily identification, monitor, control and reporting of the Bank’s market risks and ensure these are reported in a timely and accurate manner,
- Draft and propose to senior management enhancements to market risk policies and procedures to ensure the market risk monitoring process is in line with bank’s risk appetite and regulatory requirements.
- Set up and validate standard and rules of market risk measurement on treasury business.
- Perform periodical monitoring on risk measurement and follow up exceptions or limit breaches.
- Produce comprehensive middle office supervisory reports on treasury business, including market risk, credit risk and operational risk.
- Oversee and report risk metrics to senior management.
- Review and make recommendations on new products and trading strategies.
- Evaluate pricing and valuation models suitability within business context.
- Keep track of market movements in local, regional and global markets to forecast emerging risks
- Undertake market risk and credit risk measurement for trading portfolios.
- Conduct model variation exercises for Market Risk Measurement.
- Conduct stress testing on trading book as well as treasury investment portfolio.
- Assist in preparation of regulatory and statutory reports related on treasury business and market risk management for the various executive committees
- Oversee limits usage, excesses, escalation and follow-up for resolution.
Requirements
Job Specification
Recognized Degree in Accountancy/Commerce/Business/Finance or equivalent.
Degree in Banking, Economics, Finance, or relevant qualifications in Markets, Financial Instruments or Finance; professional designation in GARP, PRM will be a strong advantage
Proficiency in Microsoft Office Suite
At least 5 years’ working experience in a financial institution
Technical Competence
Compliance Assessments Ability to conduct gap analyses and regular compliance assessments.
Ideal Job Competencies: Behavioral Competence
Communication Skills:Ability to inform effectively and advise staff subjects on market risk matters.
Attention to Detail:Ensures accurate records and thorough compliance assessments.
Proactively identifies and addresses market risk issues promptly.
Collaboration:Works effectively with various teams within the Bank.
Important Safety Tips
- Do not make any payment without confirming with the BrighterMonday Customer Support Team.
- If you think this advert is not genuine, please report it via the Report Job link below.
