Market Risk Manager at I&M Bank / Kenyajoblink.com

_Market Risk Manager at

I&M Bank is looking to recruit a competent and highly motivated individual for the following position.

MARKET RISK MANAGER REF: MRM/11/2012

Job Summary:
Advises the ALCO and senior management on the Bank?s Market Risk Management objectives and direction. Advises risk mitigating strategies for market risk; monitors and reports Market Risk.

Duties and Responsibilities:

Identifying risks

• Provides an independent view regarding Market Risk.
• Provides insight in the existing risk profile and evaluates the impact of business proposals on the risk profile compared to the defined appetite
• Proposes policies in compliance with external and internal rules and regulations

Measure Risk

• Develops market risk models and/or integrate new products in the models.
• Quantifies and analyses all significant market risks within a Value-at-Risk and Earnings-at-Risk environment
• Validates risk models
• Verifies the integrity of market data
• Conducts stress testing and back testing

Education

• Works with business units to establish, maintain and improve risk management capabilities
• Conducts risk management education

ALCO support

• Advises the ALCO to establish and communicate the Bank?s Market Risk Management objectives and direction
• Advises risk mitigating strategies for market risk and monitors this risk
• Implements and provides appropriate risk reporting to the ALCO

Risk Monitoring

• Risk rating of various sectors and institutions the Bank is exposed to.
• Calculates impact of limits violations
• Monitors the market risk profile of the bank on a daily basis
• Advises on remedial actions in case of limit violations

Personal Skills and attributes:

• High problem solving motivation in complex matters
• Eye for detail and accuracy
• Strong analytical skills
• Good interpersonal communication skills
• Team player
• Critical thinking and driven
• Assertive

Qualification and Experience:

• Master?s degree in Finance, Mathematics/Statistics, Econometrics, Actuarial or equivalent, with emphasis on statistics.
• At least 3 years? experience in risk modelling
• At least 3 years? experience in financial instruments
• Computer literate (Excel, VBA, C++)

If you believe you meet the above requirements, please send your application together with a comprehensive curriculum vitae indicating your qualifications, present position, contact and names of three referees.

Your application should reach the below address on or before 8th December, 2012.

Please quote reference number followed by the position applied for in the application

The Human Resources Manager
I&M Bank Limited
I & M Tower, Kenyatta Avenue
P.O Box 30238 ? 00100,
Nairobi

Or email: recruit@imbank.co.ke

Source: http://www.kenyajoblink.com/job/22522/market-risk-manager-at-im-bank/

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