Manager, Front office risk Control Global Markets at Standard Bank Group

JOB PURPOSE

1. To perform 1st line of defence controls and monitoring for GM and SBGS.
2. To lead strategic GM and SBGS projects, I.T implementation/enhancement and coordinate Global Markets forums.

KEY RESPONSIBILITES

Governance and Risk Management

1. Management of Operational Risk Incidents
2. Monitoring and Investigation of Trade Dashboard Breaches daily- Credit/Market Risk/Operational
3. BAU trade exceptions approvals- Cancellations/Amendments/backdating/Loss deals/Negative margins/position reconciliations
4. BCM coordination and update of BCM plans as required
5. Management of Country Front Office and Support Enabler Internal, External and Central Bank audit reviews.
6. Audit Issue tracking and Corrective Action implementation
7. Dealer monitoring function- through various trade and exceptions dashboards
8. Risk and Control reporting to management and trading floor
9. Review and manage the KRI and RCSA process
10. Process and control review across GM/SBGS and supporting functions
11. SBGS control monitoring and reporting
12. Logical access management- all systems
13. Represent GM in various risk forums> Kenya OPCO/Kenya BR Forum/Africa BRCC forum/Africa GM Business Managers Forum/Regional Financial Review forum

Business and Management Reporting

1. Leading the new products process for GM and engagement in the NPC process
2. Market FX research and reporting
3. Stakeholder engagement- Credit/Operations/Market risk/Operational risk/Audit/Finance
4. GM Manco coordination
5. Co-ordination of annual budgets and strategic plans for the GM business.
6. Cost management and control oversight for the GM team.
7. Capital forecasting and control oversight.
8. Co-ordination of monthly MIS, as required.
9. Financial performance review- Monthly in country and with Centre management- Cost and revenue

Business Planning and Development

1. Primary responsibility to procure and co-ordinate Support (Risk, Operational, Systems, Compliance, Legal…etc)
2. Provide guidance to the GM Head and the whole of GM management team on all business requirements
3. Correspondent banking and development of counterparty dealing capabilities (ISDA, ISMA etc)
4. Liaison with the Legal, Market Risk, Credit and other Risks functions to clear obstacles for in-country dealing.
5. Management of front office systems- market data and telecom requirements and project management
6. GM Project management- system upgrades/deployment/new product engagements/special projects

QUALIFICATIONS

1. Business degree
2. CPA/CFA/ACCA certification
3. 2-4 Corporate Banking experience
4. 2 Years experience in risk management
5. Treasury/ Global Markets experience
6. Strong MS Office knowledge
7. Sound knowledge of banking products/services and the procedures underpinning them.
8. Knowledge of the Code of Banking Practice.
9. Basic knowledge of the functions of the various departments within the Bank