Career Opportunities at I&M Bank

Job Purpose:

• Lead Market, Liquidity, IRRBB and Balance Sheet risk frameworks, while also overseeing financial model governance, validation and performance assurance.
• This role is suited for a specialist with strong quantitative skills, treasury product knowledge and a proven ability to ensure robust modelling and regulatory risk compliance, including ICAAP and ILAAP.

Key Responsibilities:
Financial Risk Governance & Implementation:

• Lead and enhance Market, Liquidity and Balance Sheet Risk policies and frameworks.
• Ensure effective financial risk oversight across Treasury, ALM and Risk functions.
• Drive regulatory alignment with risk appetite, internal frameworks and supervisory guidelines.
• Support implementation and optimization of risk systems, analytics tools and datasets.
• Lead and support financial risk components in ICAAP and ILAAP preparation, documentation and annual reviews.
• Participate in risk methodology upgrades, regulatory projects and Treasury system enhancements.

Financial Modelling & Model Risk Management:

• Lead model development, calibration, back-testing and enhancement for Market and Liquidity Risk.
• Oversee the end-to-end model lifecycle including validation and retirement decisions.
• Establish model governance standards and ensure full documentation and model traceability.
• Perform independent model assessments to evaluate accuracy, assumptions and limitations.
• Monitor model performance, usage controls and ensure prompt remediation of model weaknesses.
• Ensure adherence to model governance policies, audit expectations and regulatory model guidelines.

Risk Identification, Measurement & Quantitative Analysis:

• Independently analyze and assess balance sheet structure, funding maturity gaps and interest rate sensitivities.
• Model liquidity gaps, behavioral assumptions and IRRBB metrics.
• Assess FX and rate volatility impacts on capital, earnings and market value.
• Conduct independent valuation reviews and assess treasury P&L attribution.
• Lead design and execution of stress tests, scenario analysis and risk simulations.
• Provide quantitative insights to ALCO, Executive Management and Treasury stakeholders.

Risk Monitoring, Reporting & Decision Support:

• Monitor daily market and liquidity exposures and evaluate early-warning signals.
• Produce high-quality reports for ALCO, Executive Committees, Board and Regulators.
• Track risk appetite utilization relating to liquidity, funding and market risk limits.
• Enhance risk dashboards, reporting automation and visual analytics capability.
• Analyse key P&L drivers and explain market movements affecting the balance sheet.
• Provide forward-looking risk commentary, scenario outcomes and emerging risk insights.

Academic Qualifications:

• Bachelor’s degree in finance, Mathematics, Economics, Statistics, Actuarial Science or related field.
• Professional certification such as FRM, CFA, PRM, CQF is an added advantage.

Experience & Technical Skills:

• 7+ years’ experience in Market, Liquidity or Balance Sheet Financial Risk within banking.
• Experience in ICAAP and ILAAP contributions, stress testing and supervisory reporting.
• Strong modelling skills with hands-on financial model development or validation experience.
• Proficiency in analytical tools such as Excel (advanced), Python, desirable.
• Strong knowledge of ALM concepts, IRRBB, liquidity metrics and treasury valuation.
• Excellent analytical thinking, communication and reporting ability with attention to detail.

go to method of application »

Job Purpose:

• Overall responsibility for the delivery of recovery strategies to a portfolio of Asset Finance (Hire Purchase) & other loan accounts experiencing financial distress.
• Responsible for determining the objectives, strategies and actions that need to be adopted to address business-risk issues, reduce the Bank’s risk, and achieve managed exit/recovery solutions so that the bank realizes the maximum return in the shortest possible time.
• Responsible for a portfolio made up of fast depreciating & highly moveable assets, thus a need to ensure prompt & speedy strategies & actions to recover debt.
• Ensure that the bank does not incur losses in terms of non- performing loans under the bank’s portfolio. This is achieved through constant engagement with bank’s branches and customers whose accounts are already in the NPA category &/or regularly under Watch categories with arrears &/or excesses.
• The job entails a balance between safeguarding customer relationship and the need to ensure recovery of outstanding debt with minimal delays.
• Ultimately responsible for all classified non-performing accounts.
• Acts as a point of contact for the Debt Recovery team in the various Credit, NPA forums to discuss specific problem cases, trends and recommend solutions or strategies that can inform future lending policies.

Key Responsibilities:
Debt Management and control:

• Lead detailed negotiations with customers, sometimes in conjunction with Relationship Managers, regarding debt settlement and implementation of debt settlement proposals.
• Lead proactive formulation and implementation of strategies on managed exits/recoveries. 
• Manage relationships with customers in a manner which, through professional communication of often uncomfortable messages manages customer satisfaction and enhances the I&M brand.
• Prepare and submit necessary returns to the local regulatory authorities and Head Office on impaired debts
• Ensure that the necessary approvals are obtained as per the delegated approval matrix for strategies and expenditure whenever necessary.
• Prepare and submit required reports to the BCC, NPA & CRMC Committees in a timely manner and working on provisions.
• Ensure data integrity & quality control of facilities is maintained.
• Prepare summons instructions to external lawyers, valuers, auctioneers and other professionals to manage recovery of debts through the courts & professionals, including disposals of debtors’ assets.
• Manage relationships with external service providers such as receivers, liquidators, repossesses, valuers, auctioneers, lawyers, debt collectors, etc who provide services in relation to Debt Recovery.

Risk & Control Objectives:

• Process the recovery of debts whilst ensuring compliance with local legal, regulatory requirements and the bank’s internal procedures. 
• Ensure satisfactory Internal or External Audit Reports. 
• Ensure satisfactory Conformance assessments.
• Ensure Impairment Management and MI Reporting is produced accurately and on time.

Academic Qualifications:

• Bachelor of Commerce, Specialization in Accounting

Professional Qualifications:

• Diploma in Credit Management.
• CPA (preferred)
• Professional Banking qualifications (e.g. ACIB)

Work Experience:

• Experience in both corporate relationship management and credit risk analysis.
• Experience in dealing with senior management of corporate entities.
• Good knowledge of the local legal system, insolvency law and security issues, and the options available to the Bank.

Skills and Attributes:

• Good credit risk skills
• Effective communicator.
• Excellent negotiation and influencing skills.
• Good relationship management skills.
• Strong commercial awareness.
• Good interpretation and decision-making ability.
• Strong analytical and numerical skills.
• Strong communication and report writing skills.
• Good knowledge of Microsoft Excel and other spreadsheet/database applications.
  Strong planning, coordination and time management skills.