Job Purpose:

Plan, execute and oversee Market Risk activities including Treasury, Investment Banking and Wealth Management middle office. Handle activities in the area of Capital , Stress testing , liquidity, Model risk and ESG Risk.

Key Tasks and Duties:

• Plan, execute and oversee Market risk activities and identify, analyze and report on significant risk positions whilst managing the assessment of risk exposures, market conditions, and where appropriate, recommending position reduction.
• Work with senior management and unit heads to set appropriate market risk limits
• Develop, perform and interpret stress tests to determine the circumstances under which the Bank could incur material losses and ensure the material risks are captured.
• Establish and maintain a risk management framework for any new business lines, review and critique establishment of limits to ensure the limit structure reflects the way the business is carried out and ensure that market risk exposures are monitored against set limits and recommend corrective action, as appropriate, where excesses occur.
• Analyze, monitor, manage and control market risk exposures, risk tolerance limits and funding positions through Daily Financial risk reports.
• Measure the Bank's market risk exposure by reporting on market and positions.
• Manage the development, implementation and validation models, systems/vendor for risk evaluation in commercial and trading business.
• Attend ALCO meetings and provide input on new proposals and balance sheet management, besides conducting studies of potential risks/related areas.
• Manage the recommendations to ALCO ensuring that all key risk aspects are fully covered.
• Evaluate large syndications and/or underwriting activities for interest, liquidity risk implications and ensure sell downs as approved and escalate non-compliance to MCC and/or ALCO.
• Manage the model risk framework, undertaking model validation, development and monitoring.
• Enhance the Bank’s ICAAP through improving the capital quantification models and stress testing framework.
• Understanding Bank’s balance sheet risk, and their relevance and application to theoretical and practical problems (such as capital management and planning, liquidity portfolio management, risk exposure hedging).
• Understanding the ESG framework and its impact on Banking model and business.
• Good knowledge of Big Data Analytics and Business Analytics using AI tools.
• Demonstrates expertise in interpreting and applying regulations in a practical context.
• Comprehensive Risk Review of all Investment Proposals, mandates & agreements
• Attend Fiduciary meetings and highlight any potential risk seen in the areas of Brokerage, Investment Banking, Wealth Management
• Review management reports on activities including position, trading and profitability.

Qualifications:

A degree in a relevant subject or a Chartered / Cost Accountant / FRM/ PRM.

Experience:

Minimum 10 years all round experience including 9 years in a strong risk environment.

Must have senior market risk exposures, be experienced in the management and utilization of portfolio management tools and have experience of the legal and regulatory environment in which the Bank operates with proven ability in sound decision making related to risk.

Experience of Treasury is required.