I&M Bank Market Risk Manager Job in Nairobi Kenya

I&M Bank is looking to recruit a competent and highly motivated individual for the following position.

Ref: MRM/11/2012

1 Position

Job Summary:

Advises the ALCO and senior management on the Bank’s Market Risk Management objectives and direction. 

Advises  risk mitigating strategies for market risk; monitors and reports Market Risk.

Duties and Responsibilities:

Identifying risks

Provides an independent view regarding Market Risk.Provides insight in the existing risk profile and evaluates the impact of business proposals on the risk profile compared to the defined appetiteProposes policies in compliance with external and internal rules and regulationsDevelops market risk models and/or integrate new products in the models.Quantifies and analyses all significant market risks within a Value-at-Risk and Earnings-at-Risk environmentValidates risk modelsVerifies the integrity of market dataConducts stress testing and back testing Works with business units to establish, maintain and improve risk management capabilitiesConducts risk management educationAdvises the ALCO to establish and communicate the Bank’s Market Risk Management objectives and directionAdvises risk mitigating strategies for market risk and monitors this riskImplements and provides appropriate risk reporting to the ALCORisk rating of various sectors and institutions the Bank is exposed to.Calculates impact of limits violationsMonitors the market  risk profile of the bank on a daily basisAdvises on remedial actions in case of limit violationsPersonal Skills and attributes:High problem solving motivation in complex mattersEye for detail and accuracyStrong analytical skillsGood interpersonal communication skillsTeam playerCritical thinking and drivenAssertiveMaster’s degree in Finance, Mathematics/Statistics, Econometrics, Actuarial or equivalent, with emphasis on statistics.At least 3 years’ experience in risk modellingAt least 3 years’ experience in financial instrumentsComputer literate (Excel, VBA, C++)If you believe you meet the above requirements, please send your application together with a comprehensive curriculum vitae indicating your qualifications, present position, contact and names of three referees. Your application should reach the below address on or before 8th December, 2012. Please quote reference number followed by the position applied for in the application

The Human Resources Manager
I&M Bank Limited
I & M Tower, Kenyatta Avenue
P.O Box 30238 – 00100, 

Nairobi

Or email: recruit@imbank.co.ke