Market Risk Manager at CDL Human Resource

The Market risk Manager shall be responsible for the measurement, monitoring, control and reporting of the Bank’s market risk.

Key Responsibilities

• Oversee the daily identification, monitor, control and reporting of the Bank’s market risks and ensure these are reported in a timely and accurate manner,
• Draft and propose to senior management enhancements to market risk policies and procedures to ensure the market risk monitoring process is in line with bank’s risk appetite and regulatory requirements.
• Set up and validate standard and rules of market risk measurement on treasury business.
• Perform periodical monitoring on risk measurement and follow up exceptions or limit breaches.
• Produce comprehensive middle office supervisory reports on treasury business, including market risk, credit risk and operational risk.
• Oversee and report risk metrics to senior management.
• Review and make recommendations on new products and trading strategies.
• Evaluate pricing and valuation models suitability within business context.
• Keep track of market movements in local, regional and global markets to forecast emerging risks
• Undertake market risk and credit risk measurement for trading portfolios.
• Conduct model variation exercises for Market Risk Measurement.
• Conduct stress testing on trading book as well as treasury investment portfolio.
• Assist in preparation of regulatory and statutory reports related on treasury business and market risk management for the various executive committees
• Oversee limits usage, excesses, escalation and follow-up for resolution.

Requirements

Job Specification

• Recognized Degree in Accountancy/Commerce/Business/Finance or equivalent.
• Degree in Banking, Economics, Finance, or relevant qualifications in Markets, Financial Instruments or Finance; professional designation in GARP, PRM will be a strong advantage
• Proficiency in Microsoft Office Suite
• At least 5 years’ working experience in a financial institution