Summary
Date Posted: Tuesday, May 24, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Market Risk Management works with the business units and control functions to help ensure the Bank has a transparent, consistent and comprehensive programme for managing Market risk and Liquidity risk.The role will require collaborating with various stakeholders to build a sound market risk and
liquidity risk framework that conforms to the risk appetite established by the Board.

Principal Accountabilities
• Support the first-line-of-defence in developing effective market risk and liquidity risk appetite,
• policies, procedures and internal controls. Assist in the definition, review and implementation of limits as well as development of tools for
• effective limit monitoring and reporting. Obtain detailed understanding of profitability and document key Profit & Loss drivers.
• Effectively communicate risk issues to all levels of risk governance, control functions and the front
• office.
• Provide management (ALCO, RMC, MANCOM) and Board (BRMC) with appropriate insights and
• information on market risk profile and liquidity risk profile.
• Develop a strong independent view of current market conditions, front office positions and
• valuation of assets.
• Maintain regular engagement with the Front Office, Middle Office and Back Office teams to ensure
• risk issues are identified and resolved timely.
• Contribute towards the understanding of market and liquidity risks arising from new initiatives
• (trades, products, activities) and recommend appropriate controls.
• Leading and managing implementation of ICAAP and ILAAP requirements and ensure adequate
• governance process.
• Develop a comprehensive set of ICAAP and ILAAP stress-test scenarios and ensure their regular
• review and update.
• Enhance management's view and decision on market risk and liquidity risk through periodic stress
• testing, in line with regulatory requirements.
• Skills
• Excellent communication skills, both verbal and written; ability to produce concise and effective
• reports, presentations; ability to communicate complex quantitative analysis results in a clear,
• precise, and actionable manner.
• Strong understanding of the drivers and measures of market risk, strategic mind-set, with
• excellent knowledge and understanding of banking products and organisations

Qualities
• Experience of at least 4 years in a similar function.
• Significant experience in risk, with fluency in Market Risk; sound understanding of risk
• management principles.
• Good understanding of Market Risk concepts and metrics (VaR PV01, Nil, scenario analysis, risk
• sensitivities, etc.), and governance frameworks.

Work Hours: 8

Experience in Months: 48

Level of Education: Bachelor Degree

Job application procedure
Please send your application to hrrecruit@eximbank.co.tz 

All Jobs

QUICK ALERT SUBSCRIPTION