Market Risk Analyst at Standard Chartered Bank Kenya

Role Responsibilities 

To support Head, Traded Market Risk, AME in identifying, measuring, setting limit and monitoring market and applicable trading risk exposures.

RESPONSIBILITIES

Strategy

• Support Regional Office to establish and maintain the framework for the Market Risk function and operate within the agreed strategy and budget
• Support Regional Office to ensure clarity of information flow, escalation of concerns and communication of organizational change

Business

• Daily administrative matters of the local market risk monitoring
• Maintenance of relationship with local business units to provide market risk support.

Processes

• Implement Traded Risk Management (TRM) Market risk policies.
• Review and analyse key exposures, limits and their utilization in view of prevailing market conditions.
• Participation in ad hoc projects and requests (eg as required by senior management and SC departments).
• Implement sound controls and consistent processes

People & Talent

• Support Regional Office to ensure implementation of local HR policies

Risk Management

• Advisory capacity for market risk limits (price risk) on limits issues (applications and excesses). This includes monitoring the applicability of the limits, policies and procedures to the local context.
• Manage East Africa TM desks out of SCB Kenya and the resulting market risk where applicable
• Ensure all market risk activities are identified and monitored on a timely basis. This includes timely investigation and reporting of limit excesses of approval by the Regional/Group office
• Daily administrative matters of the local market risk monitoring
• Contribution to regular risk summaries for senior management in TRM.

Governance

• Represent TRM and support respective Country/Executive Risk Committee on Country Market Risk Management.
• Maintain appropriate relationships with regulators and rating agencies and liaise with internal / external auditors.
• Ensure compliance with internal policies, procedures, CAD1/CAD2 requirements, Codes, and applicable external laws and regulations

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Lead the TRM function to achieve the outcomes set out in the Bank’s Conduct Principles
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association

QUALIFICATIONS

• University degree in Finance or some quantitative subject (Science, Engineering).