MARKET RISK MANAGER
MARKET RISK MANAGER
Posted on :
29-03-2025
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1 Vacancy
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Job Description
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 followup 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.
Employment Type
Full Time
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