Group Market Risk Manager
The incumbent will be responsible for identifying, measuring, monitoring, analyzing, and reporting on market risk exposures that may affect the Groups performance and capital in a timely manner. Although this is a Group role, the successful candidate may be based in any of our 11 offices across Africa. 1. Perform annual limit reviews for Group and subsidiaries and assist subsidiaries set limits, including counterparty limits. 2. Monitor compliance with risk limits, identify and communicate potential risk concentrations, limit exceedances and large exposures. 3. Perform and interpret stress test results for market & liquidity risks4. Train subsidiaries on Asset Liability Management5. Establish and participate in country ALCOs/ Balance Sheet Management Committees6. Review and monitor ICAAP across the subsidiaries7. Ensure closure of regulatory observations on market risk, monitor early warning signals/indicators,8. Identify emerging risks and control issues;9. Monitor the calculation and allocation of capital to market risk10. Coordinate the review and implementation of the market risk policies, market risk management framework and internal controls, and ensure compliance by the different business units;11. Participate in the market risk capital requirements calculation process under current regulatory frameworks;12. Suggest and implement measures leading to a better risk management framework and improvement of internal controls;13. Perform risk assessment on new products, investments, borrowings etc and reports to internal stakeholders14. Obtain and maintain knowledge and insights of the business and external environments to assist management and the Board with the identification of material and emerging risks and to be in a position to challenge and review risks during the risk assessment processes.15. Identify potential areas of vulnerability and risk in the business, suggest possible corrective action plans for the resolution of problematic issues, and provide general guidance on how to avoid or deal with similar situations in the future.16. Respond to ad hoc requests from the business, risk management or regulators.
Your application has been successfully submitted.