Reporting to the Head, Market Risk, the Jobholder is responsible for analysis and reporting of market risks at the business unit level in Treasury.
Key Responsibilities:
Limit monitoring against set and approved limits on a timely basis (Liquidity, Loan to Deposit, interest rate and Counterparty Credit Limits) including investigation and reporting/escalation of limit excesses to senior management.
Support the MTM process by ensuring that the MTM sources are updated and reflective of market rates/prices (mainly yield curve building and fx rate sourcing.
Maintenance of the Treasury Front office and Market risk system, Kplus
Validate Treasury P&L in Kplus system.
Treasury fixed income management- Periodical reconciliation of Treasury Bond and MM positions, investment policy monitoring including reporting on performance
Investigate and report fixed income transactions to ensure within the off-market rates, in line with strategy and within stop loss limits.
Gathering data to use in review of MRM policies and stress testing and scenario analysis
Initiate VaR Validation, Risk vs Return analysis and operationalize backtesting
Deposit modelling and liquidity gap limit development and monitoring
Perform stress testing on Tresury FX forward and FX swap portfolio and liquidity
Qualifications:
University Degree in Business related field such as economics, finance, accounting from a recognized university
Professional qualifications in ACI/APRM/CRA/PRM/FRM is required
Master’s degree in a relevant field is an added advantage.
At least 5 years’ experience in market risk management that should include:
Experience in Limit setting, Monitoring and Reporting against
Experience in risk and financial analysis
Experience in risk and P&L calculation monitored against limits/reconciliation
Experience in AML reporting
Demonstrable understanding of business fundamentals and the financial services industry.
Must have awareness of current business trend, risks, challenges and opportunities.
Demonstrable competence in Spreadsheet manipulation and analysis as well as data base management skills.
Demonstrable problem solving, report-writing and presentation skills.
High Interpersonal skills with the ability to articulate and communicate own ideas and those of others.
The above positions are demanding roles which the Bank will provide a competitive package for the
successful candidates. If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your application with a detailed CV, stating your current position, remuneration level, e-mail address and telephone contacts quoting the job title/reference in the subject field to recruitment@kcb.co.ke.
To be considered your application must be received by May 6, 2016.
Only short listed candidates will be contacted.
JOB REF: Risk 02/2016