CORE FUNCTION:

 This job is responsible for providing direct support to the Senior Manager, Credit & Market Risk in overseeing the execution of the credit and market risk management program of the Bank and promoting an effective and robust risk management culture.

DUTIES & RESPONSIBILITIES:

• Prepare decision documents for approval by the Board and management, as appropriate.
• Make recommendations based on analyses to the Senior Manager, Credit & Market Risk for review and approval.
• Monitor credit risk and market risk portfolios in relation to approved risk appetite, thresholds, concentration exposures, and regulatory and policy requirements.
• Research and report on the performance of various sectors to inform the review and revision of credit strategy and credit risk appetite.
• Research and report on the performance of market risk performance and risk indicators to inform the review and revision of market risk and investment strategy and appetite.
• Prepare relevant risk management reports and ensure compliance to approved schedule of risk reporting.
• Provide direct support to the Senior Manager, Credit & Market Risk in the remediation of compliance, regulatory, risk and audit findings/corrective actions agreed.
• Provide direct support to the Senior Manager, Credit & Market Risk in the planning and execution of projects related to the credit risk and market risk management programs.
• Conduct periodic/scheduled reviews and assessments of insurance companies, accounting and audit providers to the Bank’s customers and investment fund managers.
• Conduct routine and ad hoc risk assessments as assigned.
• Perform the data management and maintenance required to support the market and credit risk management frameworks and methodologies.
• Conduct routine and ad hoc spot checks and independent reviews of the effectiveness of internal risk controls and risk mitigation strategies for credit and market risks.
• Conduct routine and ad hoc stress testing and scenario analysis in relation to the impact of credit risk and market risks on the Bank’s earnings, liquidity and capital.
• Assist the Senior Manager, Credit & Market Risk with routine and ad hoc research and reports.
• Conduct credit and investment product risk assessments for new products to be onboarded.
• Conduct annual risk review and assessment of existing credit and investment products.
• Conduct annual review of the Bank’s credit pricing model and tools, including assessment of risks in relation to interest income earnings.
• Conduct independent annual risk review of the performance of the credit and investment portfolios in relation to the Bank’s credit and investment corporate objectives.
• Provide direct support and assistance to the Senior Manager, Credit & Market Risk in developing appropriate risk models, reviewing and maintaining market risk policies, credit risk management policies, procedures, systems, tools and the credit risk department’s risk register.
• Provide direct support and assistance to the Senior Manager, Credit & Market Risk as required, in any other duties and task as assigned from time to time.

REQUIRED KNOWLEDGE, SKILLS & ABILITIES: 

• Attention to detail
• Risk management
• Risk identification and assessment
• Risk response and reporting
• Governance risk and controls application
• Strong interpersonal skills
• Effective communication skills (both written and verbal)
• Data analytics
• Computer Skills
• Excellent planning and organizational skills to balance and prioritize workload to meet deliverable targets.
• Ability to take ownership of projects and issues and see them through to completion.
• Must be a forward thinker with the ability to evaluate current practices and raise challenge through Manager/Supervisor.
• Demonstrated flexibility in responding to changing priorities.
• Ability to develop and maintain effective working relationships with key business partners.

Qualifications & Experience

• Bachelor’s degree in a quantitative field (such as Engineering, Mathematics, Business, Economics, Statistics, or Accounting).
• Other professional qualifications in risk management or credit risk management or market risk management.
• A minimum of 3-5 years’ experience in banking/financial services industry with emphasis on credit and investments.

 DEADLINE FOR APPLICATIONS:

Applications must be addressed to the Executive Manager, Human Resources and must reach her via email: [email protected] on or before Wednesday, October 26^th, 2022