Market Risk Analyst at NCBA Group

The role will support the coordination and implementation of the Group’s market, liquidity, and country risk management policies and processes through the assessment, identification, measurement, and reporting of financial risks in the bank’s trading and investment portfolio.

Key Accountabilities (Duties and Responsibilities)

Output Financial 15% 

• Actual Vs Budget- 10% cost saving

Internal business processes 60% 

• Interpret regulatory guidelines and internal policies/guidelines and develop periodic processes/procedures to facilitate financial risk analysis and reporting on daily and monthly basis.
• Independent Price Validation of all revaluation rates.
• Maintain a historical database on yields, volatilities etc. within the trading and investment books of the Bank.
• Conduct gap analysis and stress tests to ascertain liquidity position.
• Independent monitoring and oversight of the stop loss limits, VAR limits, counter party limits, country risk limits, rate tolerance limits and trader limits in the live environment.
• Support the mtm process by ensuring that the mtm sources are updated and reflective of market rates/prices.
• Ensure compliance of Treasury’s trading activities with internal policies, regulatory guidelines and market best practices and action exceptions related to trading losses, breaches of risk limits and other Bank policies and guidelines.
• Carry out market analysis and articulate the short-term view with regard to the Bank’s market risk profile.
• Assess the risk profile of new products within the trading and investment books.
• Develop, validate and back test robust financial risk measurement models.
• Generate and analyze daily risk exposure reports and validate weekly/monthly liquidity ratios.
• Validate weekly and monthly Group/Country ALCO reports.
• Generate weekly/Monthly MANCO reports
• Perform other duties as assigned by immediate supervisor

Ideal Job Specifications

Academic:

• At least an undergraduate degree or its equivalent in Mathematics, Finance, Banking, Economics, Business Administration (with a major in Finance) or similar quantitative disciplines.
• Post graduate qualifications such as FRM,CFA and MBA will be an added advantage.

Professional:

• CPA (K) /ACCA qualification a must.
• ACI Certification desirable.

Desired work experience:

• Exposure to Treasury Front Office/Back Office and General Ledger reporting systems.
• Preferably a minimum of 6 years of relevant professional experience in banking and/or finance, including at least 3 years in Financial Markets/Product Control related areas.
• Experience with MS office and Treasury trading systems.

Closing on: Apr 24, 2022