Manager, Front Office Risk Control Global Markets - Re-advertisement at Standard Group

JOB PURPOSE

• To perform 1st line of defence controls and monitoring for GM and SBGS.
• To lead strategic GM and SBGS projects, I.T implementation/enhancement and coordinate Global Markets forums.

KEY RESPONSIBILITES

Governance and Risk Management

• Management of Operational Risk Incidents
• Monitoring and Investigation of Trade Dashboard Breaches daily- Credit/Market Risk/Operational
• BAU trade exceptions approvals- Cancellations/Amendments/backdating/Loss deals/Negative margins/position reconciliations
• BCM coordination and update of BCM plans as required
• Management of Country Front Office and Support Enabler Internal, External and Central Bank audit reviews.
• Audit Issue tracking and Corrective Action implementation
• Dealer monitoring function- through various trade and exceptions dashboards
• Risk and Control reporting to management and trading floor
• Review and manage the KRI and RCSA process
• Process and control review across GM/SBGS and supporting functions
• SBGS control monitoring and reporting
• Logical access management- all systems
• Represent GM in various risk forums> Kenya OPCO/Kenya BR Forum/Africa BRCC forum/Africa GM Business Managers Forum/Regional Financial Review forum

Business and Management Reporting

• Leading the new products process for GM and engagement in the NPC process
• Market FX research and reporting
• Stakeholder engagement- Credit/Operations/Market risk/Operational risk/Audit/Finance
• GM Manco coordination
• Co-ordination of annual budgets and strategic plans for the GM business.
• Cost management and control oversight for the GM team.
• Capital forecasting and control oversight.
• Co-ordination of monthly MIS, as required.
• Financial performance review- Monthly in country and with Centre management- Cost and revenue

Business Planning and Development

• Primary responsibility to procure and co-ordinate Support (Risk, Operational, Systems, Compliance, Legal…etc)
• Provide guidance to the GM Head and the whole of GM management team on all business requirements
• Correspondent banking and development of counterparty dealing capabilities (ISDA, ISMA etc)
• Liaison with the Legal, Market Risk, Credit and other Risks functions to clear obstacles for in-country dealing.
• Management of front office systems- market data and telecom requirements and project management
• GM Project management- system upgrades/deployment/new product engagements/special projects

QUALIFICATIONS

• Business degree
• CPA/CFA/ACCA certification
• 2-4 Corporate Banking experience
• 2 Years experience in risk management
• Treasury/ Global Markets experience
• Strong MS Office knowledge
• Sound knowledge of banking products/services and the procedures underpinning them.
• Knowledge of the Code of Banking Practice.
• Basic knowledge of the functions of the various departments within the Bank