JOB OBJECTIVE(S)
Provide oversight on market intelligence, model development and implementation, and policy framework in the Bank
Duties & Responsibilities
Validation, calibration, development, and documentation of models using statistical methodologies and other quantitative/qualitative approaches.
Domesticate market risk models for seamless adoption, integration and deployment in the Bank
Review and develop market risk management framework, appetites, limits, tolerances, strategy, and capital allocations in the Bank
Provide first line review for all limit requests, balance sheet targets, liquidity and contingency funding plans, and stress testing procedures.
Develop and document stress testing methodology and procedures for market and liquidity risk portfolios/exposures.
Review and development of market risk policies and standard operating procedures (SOPs) in the Bank.
Coordinate market risk regulatory reporting and periodic reports to Management and Board Committees
Development and deployment of Basel II/III/IV models across the Bank
Coordinate the business continuity functions of the Unit (ISO Champion).
Conduct research on market developments, regulatory changes, geo-political and macroeconomic trends for the Bank.
Attend to other project/tasks as may be required by CRO/Management
KEY PERFORMANCE INDICATORS
Drive zero tolerance for losses above board approved market risk appetites (liquidity, interest rate and foreign exchange).
Ensure full compliance with trading limits and market risk policies to achieve zero tolerance for regulatory/policy infractions and penalties, while ensuring timely reporting and early remediation of limit breaches and exceptions.
Timely, complete, and accurate market risk reporting.
Implement at least 2 strategic projects and process improvement initiatives in the appraisal year.
Achieve excellent Internal Audit Rating
ALM AND NON-TRADING MARKET RISK
JOB OBJECTIVE(S)
Oversight and management of ALM and non-Trading Market risk in UBA Plc
DUTIES & RESPONSIBILITIES
Identify and communicate key issues arising from interest rate risk, foreign exchange risk, and other balance sheet risk exposures to Management and Board
Collation of data and generation/preparation of non-Trading market risk reports.
Interest rate, foreign exchange rate and liquidity risks monitoring, management, reporting and control in the Bank.
Conductstress testing of market and liquidity risk exposures in the banking book of the Bank.
Annual testing of contingency funding plan (CFP) of the Bank.
Interpret and implement relevant Basel II/III/IV regulations and frameworks in the Bank.
Regular review of banking book to ensure compliance with internal/regulatory limits, while escalating breaches and following up for quick remediation.
Provide practical recommendation for the improvement of market risk management practices in the Bank.
Attend to other projects/tasks as may be required by CRO/Management
JOB REQUIREMENTS
Education: Minimum of BSc in Mathematics, Statistics, Finance, Economics, and other related disciplines (preferably numerical disciplines).
Professional Qualification: Possession of FRM, PRM, CFA, ACA, or ACCA will be an added advantage (preferably FRM, PRM or CFA).
Experience: Marketrisk, marketresearch, treasury, and finance function.
Knowledge/Technical Competencies
Excellent knowledge of financial markets and products.
Good knowledge and interpretation of financial and balance sheet risks and opportunities.
Proficiency in the use of MS office tools to deliver excellent results.
Good understanding of economic variables/trends and regulatory/monetary policies.
Knowledge of market risk management best practices and methodologies.
Understanding Basel II/III/IV accords and practices.
Thorough knowledge of banking and treasury operations.
Understanding of IFRS accounting policies and principles
Skills/Competencies
Strong communication skills (written and oral) with strong business and customer focus
Ability to motivate and manage talents for maximum performance and delivery of corporate targets.
Excellent numerical and analytical skills.
Good interpersonal skills.
Accuracy and attention to detail.
Excellent time management and organizational skills.
Willingness to learn.
Ability to work under pressure and meet tight deadlines.
Ready to take the next step in your career? Send your application, CV (including your current role, pay, benefits), and copies of your professional/academic certificates to:
hrsupportkenya@ubagroup.com
Apply via :
hrsupportkenya@ubagroup.com