Assistant Manager Market Risk
The Market Risk Assistant Manager is responsible for ensuring that all activities and duties are carried out in full compliance with regulatory requirements, the Enterprise-Wide Risk Management Framework, and internal Exim Bank Policies and Standards. This role involves identifying, analyzing, and mitigating market risks that could impact the organization’s profitability, assets, and stability. The focus is on evaluating market trends, assessing potential threats, and implementing risk management strategies to safeguard the bank's financial performance.
Roles & Responsibilities
- Identify and evaluate potential market, liquidity, and capital risks that may impact the achievement of organizational goals and objectives.
- Evaluate the impact of shifts in external factors on strategic planning, including changes in the market landscape, technological advancements, or shifts in customer preferences.
- Perform oversight into the implementation of proactive and effective management of market, liquidity, and capital risks.
- Stay up to date with industry trends, regulatory changes, and emerging technologies to anticipate potential risks and develop proactive strategies to mitigate them.
- Perform, collect, and analyze financial data to predict risk trends.
- Prepare detailed risk reports for senior management and stakeholders.
- Be responsible for setting and monitoring risk appetite limits and thresholds as approved by the Board.
- Provide updates to regulators and respond to inquiries into the company’s capital risk, liquidity risk, and market risk functions following appropriate governance.
- Ensure that all activities and duties are carried out in full compliance with regulatory requirements and internal Policies and Standards.
- Proactively look for ways to improve the control environment by considering what could go wrong in the processes you operate and how errors could be prevented.
- Contribute to the strategy recommendations for Liquidity Risk, Capital Risk, and Market Risk management.
- Provide technical recommendations and advice on risk issues to senior management.
Qualifications and Experience Required
- Bachelor’s degree from a reputable university, preferably in Accounting, Finance, Statistics, Economics, or Mathematics, or a related discipline.
- Any additional relevant compliance-related professional certifications will be an added advantage, such as CPA, CRMA, MBA, CFA, or Data Analytics certification.
- At least 3 years of banking experience in risk management, external and/or internal Audit.