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
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
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
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.
The incumbent will be responsible for enforcing underwriting controls in the branch including on-barding, certificates, booking of business, documentation, Implementing underwriting guidelines, processes and procedures to ensure quality underwriting and business, ensuring profitability of the branch through quality control and on-boarding, ensuring quality documentation, timely turn around and maintaining excellent customer service and retention support.
The job holder will be responsible for meeting production targets, both new and renewal by generating new and maintaining business from all channels in all the regions.