Manager, Financial Risk Management at HF Group

Overall Job Purpose

The Manager, Financial Risk Management will support coordination and implementation of HFC’s market and liquidity risks management frameworks, policies and procedures by ensuring adequacy and effectiveness in identification, measurement and control of financial risks.

Principle Accountabilities

• Regular reviews of the trading environment including the trading strategies, products, markets, and liquidity to ensure adequate risk control measures are in place.
• Monitoring of market risk and liquidity risk exposure against limits as per policies and reporting on underlying reasons for market changes.
• In collaboration with the Front Office and Back Office operations, ensure key risks are identified and effectively controlled prior to introduction of new products.
• Development of plausible statistical forecasting techniques to predict movements in market/liquidity risk factors for scenario analysis and comprehensive stress testing.
• Preparation of statutory Liquidity Coverage (LCR) and Net Stable Funding (NSFR) ratios reports as per the requirements of BASEL and CBK Risk Management Guidelines.
• Effectively aligning limits (VaR, sensitivities, gap analysis) including applicable risk policies/procedures with the Bank’s overall risk appetite.
• Predictive modelling of deposits’ behavior for effective management of liquidity and interest rate risks.
• Periodic validation of MTM process by ensuring that the MTM sources are updated and reflective of market rates.
• Regular reviews and analysis of IRRBB for reporting to senior management
• Periodic monitoring and reporting on counterparty credit risk exposure in the trading book.
• Supporting the ICAAP and ILAAP process for HFC.

Minimum Qualifications, Knowledge and Experience

• A University degree from a recognized university in Mathematics, Accountancy, Finance, Economics, Actuarial Science, Statistics or related field.
• Professional qualification in either CPAK / ACCA or MBA degree is required
• Qualifications in ACI Dealing, PRM, FRM or CFA is an added advantage
• 5 years’ experience in financial risk management unit of a bank

Key Competencies and Skills

• Good management skills including organizational, presentation and problem-solving skills.
• Demonstrated high integrity and team spirit.
• Possess excellent analytical skills
• Advanced proficiency in Exce