Develop, implement, and maintain the market risk management framework, policies, and procedures in line with the bank’s risk appetite and regulatory requirements.
Identify, measure, monitor, and report market risks arising from trading and banking book activities, including interest rate, foreign exchange, equity, and commodity risks, as applicable.
Monitor market risk exposures, limits, and breaches, ensuring timely escalation and appropriate corrective actions.
Conduct market risk analysis, stress testing, scenario analysis, and sensitivity assessments to evaluate potential losses under different market conditions.
Monitor key market risk metrics, including Value at Risk (VaR), where applicable, and assess their impact on the bank’s financial position.
Review and challenge risk exposures arising from trading activities, investment portfolios, and new financial products.
Assess market movements and economic developments to identify emerging risks and potential impacts on the bank’s portfolios.
Prepare regular market risk reports, dashboards, and analysis for senior management and relevant risk committees.
Ensure compliance with applicable regulatory requirements, internal risk policies, and established market risk limits.
Collaborate with Treasury, Finance, Risk, Compliance, and other stakeholders to strengthen market risk controls and management practices.
Support regulatory reporting, internal and external audits, and the continuous improvement of market risk methodologies and systems.
Qualifications
Bachelor’s degree in Finance, Economics, Banking, Mathematics, Statistics, or a related field. A postgraduate degree is an advantage.
2–5 years of relevant experience in market risk management, preferably within a banking or financial services environment.
Strong knowledge of financial markets, banking products, investment instruments, and market risk measurement methodologies.
Practical experience in market risk monitoring, limit management, stress testing, scenario analysis, and sensitivity analysis.
Familiarity with Value at Risk (VaR), interest rate risk, foreign exchange risk, and relevant regulatory frameworks, including Basel requirements.
Strong analytical, quantitative, and problem-solving skills, with the ability to interpret complex financial and market data.
Proficiency in Microsoft Excel and financial risk reporting tools; experience with market data platforms and risk management systems is an advantage.
Excellent communication and report-writing skills, with the ability to present risk insights and recommendations to senior management.
Strong attention to detail, sound judgment, and the ability to work under pressure and meet reporting deadlines.
Professional certifications such as FRM, CFA, or other relevant risk management qualifications are an advantage.
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