Senior Market Risk Analyst at KCB Bank Kenya

Job Description

• Coordination, preparation, development of risk management reports including powerpoint presentations and dashboards to facilitate presentation to senior management, ALCO/EXCO for predictive analysis and decision making
• Review, development and Implementation of Market, Liquidity and Country Risk Policies and Limit Documents
• Contribute to enterprise-wide risk management of the bank for better understanding and action
• Daily, weekly, monthly and periodic reporting as
• Development of new market risk initiatives
• Provide Market Risk support of the products traded in a treasury/derivative environment and the treasury processes (Treasury Front Office (TFO), Middle Office, Back Office, Risk)

Key Responsibilities

Preparation, Coordination, Analysis and Reporting:

• Coordination and preparation of ICAAP reporting to senior management and CBK
• Coordination and preparation of statutory Liquidity Coverage (LCR) and Net Stable Funding (NSFR) ratios of the bank Liquidity Gap – Basel III reporting
• Coordination and preparation of Market Risk board reports
• Coordination and preparation of monthly or adhoc ALCO and quarterly GALCO reports
• Preparation and analysis of business cases to support management decision making
• Proactively identify adverse risk events to ensure risks are adequately managed to avoid losses on crystalisation and preparing Early warning reports
• Coordinate and participate in business partnership meetings as and when required
• Support TFO by participating in New Product roll outs and ensuring the necessary process infrastructure with focus on related risks
• Guidance in the production of risk versus return analysis for the respective Treasury products to obtain optimal market risk portfolio, risk-transfer strategies which ensure compliance with the risk tolerance and maximize economic value.
• Utilization of statistical forecasting techniques to predict movements in market factors and use this information to develop meaningful scenarios and stress tests for scenario analysis and stress testing.
• Providing support and training the junior market risk analysts across the Group.
• Profit & loss attribution analysis, price verification and liaison with Finance and Treasury on P&L reconciliation of reported results.
• Support the MTM process by ensuring that the MTM sources are updated and reflective of market rates/prices
• Assist in maintaining a control framework to ensure compliance with internal policies, procedures, BASEL requirements, Codes, and applicable external laws and regulations

Administration:

• Preparation of annual unit budgets plans
• Liaison person with Finance for Risk Management Division budgetary issues
• Preparation of business cases for non-budgetary but required items of emerging risk issues.
• Development, monitoring, reporting and review of SLAs between the unit and its partner departments
• Business continuity planning

Policy Development and Review:

Development and review Market Risk, Liquidity Risk and Country Risk Policies for ALCO and Board approval and thereafter maintaining the Market Risk Limits document with approved limits for business use.

The Person

For the above position, the successful applicant should have the following:

• A bachelor's degree in a quantitative field.
• A professional certification in FRM / PRM / ACI
• At least 8 years’ experience in a similar role or related field.
• At least 3 years’ experience in the following areas;
• Reports/ presentations
• Understanding or risk exposures
• Risk and Financial Analysis
• Risk and P&L calculation monitored against utilization of capital.
• Management experience