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Job Description

The Position:

The Market Risk Unit is a key unit that supports the Treasury functions across the Group in their day to day duties of optimizing on shareholder wealth within Bank approved risk appetite in line with the Group strategy in force.

The Group maintains an established Market Risk Framework that guides the management of Market, Liquidity and Country Risk. Market Risk Department articulate standards for defining, measuring and communicating market, liquidity and country risk. This enables development of a common language and consistent framework for Market, Liquidity and Country Risk management across the KCB Group

Key Responsibilities:

Analysis and reporting of Market, Liquidity and Country Risks

Coordination, preparation, development of risk management reports to facilitate presentation to senior management, ALCO/EXCO for predictive analysis and decision making

Review, development and implementation of Market, Liquidity Country Risk Policies and Limit Documents

Contribute to enterprise wide risk management of the Bank for better understanding and action

Daily, weekly, monthly and periodic reporting as applicable.

Utilisation of statistical forecasting techniques to predict movements in market factors and use this information to develop meaningful scenarios and stress tests for scenario analysis and stress testing

Development of new market risk initiatives

Provide Market Risk support of the products traded in a treasury/derivative environment and the treasury processes (Treasury Front Office (TFO), Middle Office, Back Office, Risk)

Development of risk versus return analysis for the respective Treasury products to obtain an optimal trading portfolio and risk-transfer strategies

 

Detailed Responsibilities:

Preparation and analysis of IRRBB, Liquidity Gap and ICAAP reporting to senior management and CBK

Preparation of statutory Liquidity Coverage (LCR) and Net Stable Funding (NSFR) ratios of the bank – Basel III reporting

Preparation of Market Risk Board reports

Coordination and preparation of monthly or adhoc ALCO and quarterly GALCO reports

Preparation and analysis of business cases to support management decision making

Proactively manage risks to avoid losses on crystalisation of adverse risk events – Early warning AND stress testing

Business continuity planning and execution.

Coordinate and participate in business partnership meetings

Support TFO by participating in New Product roll outs and ensuring the necessary process infrastructure with focus on related risks

 

Job Requirements:

Degree from a University recognized by CUE in preferably Statistics, Economics, Finance, Business, Mathematics or a relevant field.

Professional qualification in either CPA / ACCA / CPA K or MBA or a Master’s degree is required

ACI is an added advantage.

8 years of wide-ranging bank experience of which 5 years of middle management experience, in a Market Risk or Treasury unit of a Bank.

Leadership competencies in Operational Decision making and Strategic Planning

Good management skills including organizational, presentation & communication skills.

Should have high quality interpersonal, communication and negotiation skills with the ability to network

Analytical skills and excellent flair for numbers.

Demonstrated high integrity.

 

How To Apply

Interested and qualified candidates should make their applications through KCB Bank Job portal via the link https://ke.kcbgroup.com/about-us/careers

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