Head of Market Risk

Job PurposeThe jobholder will be part of the team that ensures that market risk is identified, measured, reported andchallenged to agreed standards across Barclays bank Kenya. The Jobholder will also be responsible for implementing the market, liquidity and interest rate risk control environment around Markets and Treasury businesses in BBK-based legal entities or branches, monitoring, supporting and challenging the direction of the firm’s own investment portfolio in a manner consistent with the strategy of the organization.Main accountabilities and approximate time splitAccountabilityTime split 10%:Effective Origination, execution and monitoring of deals
Participate in new product / business developments, significant change processes and complex trade reviews by performing risk assessment
Contribution in the development and approval of new products in Global Markets
Contribution to the preparation and approval of large and non-standard transactions within the bank
Contribution in control of limits and exposures on trading counterparties
Accountability: Controls (Mandatory for all roles)Time split 30%:Effective Stakeholder relationship management
Continually interact with Front Office staff to discuss risk profile and key risks
Build strong internal (Market Risk) and external (Front Office and other Infrastructure areas) relationships, to build synergies and efficiencies
Manage business needs and expectations
Providing actionable advice on current and emerging issues for all business lines
Work directly with, and develop effective and constructive working relationships with a diverse set of stakeholders including: Head of Markets, Head of Sales and Trading, Head of RBB, Treasurer, Head of Credit, Head of CIB, Chief operations officer, Head of Compliance, Chief finance officer and Chief risk officer. Risk and control“Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards. Understand and manage risks and risk events (incidents) relevant to the role.”Technical skills / Competencies
Bachelor’s degree (NQF Level 6) in Statistics, Mathematics, Risk Management or Accounting
More than 4 years’ experience in Market Risk, Treasury, Front Office, Middle Office, Finance or Product Control in a financial institution, financial regulatory or consulting companies.
Experience in being able to produce high quality work under pressure, prioritise work and meet deadlines.
Proficient in MS Office (Word, Excel, PowerPoint and Outlook) and the Internet
High level of analytical skill
Preferred:
Post graduate qualification (NQF7) in Statistics, Mathematics, Risk Management or
Accounting
MBA qualification
Knowledge, Expertise and ExperienceKnowledge & Skills: (Maximum of 6)
Working knowledge of the banking environment, local and global markets
Excellent interpersonal communication skills (verbal and written communication)
Stakeholder management skills
Analytical skills
Excellent MS Excel skills
Good understanding of the regulatory and control environment
Competencies: (Maximum of 8 competencies)
Deciding and initiating action
Adapting and responding to change
Strong communication and influencing skills
Planning and organising
Coping with pressure and setbacks
Analytical skills
Relationship building and partnership approach
Delivering results and exceeding expectations
Barclays ValuesApprovals
Respect
Integrity
Service
Excellence
Stewardship
Agreed by Current Job HolderAgreed by Line ManagerCo-signed by HR ManagerPrimary LocationKenyaJob TypePermanent/Regular