Risk Analyst, Credit & Market Risk

  • Employment Type: Full-Time
  • Posting Date: October 14, 2022
  • Expiry Date: October 26th, 2022
  • Experience: A minimum of 3-5 years’ experience in banking/financial services industry with emphasis on credit and investments.
  • Education: Bachelor’s degree in a quantitative field (such as Engineering, Mathematics, Business, Economics, Statistics, or Accounting).

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 26th, 2022

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