Risk Analyst at Equity Bank Kenya

Duties & Responsibilities:

• Develop, update and review risk policies & procedures.
• Collect information and review documentation to ensure that risk scenarios are identified, evaluated, and linked to changes and expectations in the business operating environment.
• Collaborate with other team members to effectively analyze data, summaries, presentations, and process documents to display results and develop risk reports for the regulator, financiers, and other external users.
• Conduct research and identify economic and financial threats and vulnerabilities for business processes, associated data and supporting capabilities to assist in the evaluation of enterprise risk
• Monitor internal and external data points that may affect the risk profile of the bank
• Creating credit portfolio loss models and profitability modelling, forecast and monitor market trends
• Analyze impact on, and risk to, essential business functions or information systems to identify acceptable recovery time periods and resource requirements
• Create or administer training and awareness presentations or materials
• Attend professional meetings, read literature, and participate in training or other educational offerings to keep abreast of new developments and technologies
• Create contingency plans for emergency cases such as a market crash because of a pandemic situation, or government policy change, etc.
• Conduct liquidity, forex, and interest rate stress tests
• Work on ad hoc analysis to support business performance
• Ensure improvement of risk management models as per the recommendations by Basel Committee on Banking Supervision and the CBK.
• Participate in any other risk activities as may be directed by risk managers.

Qualifications

Behavioral Competencies

• High intellectual curiosity
• Ability to establish professional rapport with executives.
• Education and Professional qualifications
• Bachelor’s degree or equivalent in Economics, Finance, Financial Engineering, Actuarial Science or any other highly quantitative but business-related area.
• Professional certification like FRM, FRR, SCR, CFA, CIFA or CPA is added advantage
• 3 years of experience in the bank
• Candidates who can demonstrate a good knowledge and mastery of risk management will be considered.

Technical Skills/Competencies

• Excellent Financial modelling skills.
• Good understanding of international financial reporting standards.
• Ethical Leadership skills, including the ability to manage risk, compliance, and control activities
• At ease with Quantitative subjects such as Statistics, Mathematics, and Econometrics.
• Candidates with a good comprehension of coding in Excel VBA, R or Python desirable.
• IT literacy, Proficient with MS Office i.e., Excel, Word, PowerPoint, SharePoint and Power BI.
• Excellent report writing skills
• Excellent interpersonal skills
• Able to operate in a performance driven organization
• Critical thinking and Problem-solving skills with the ability to analyze complex information to identify the key issue/action and drive resolution.