Financial Risk Manager at HF Group

Principle Accountabilities


Assess and monitor risks inherent in Treasury and trading activities.
Monitor and advise on the adequacy of the Bank's liquidity buffers, considering market risk factors and the prevailing macroeconomic environment
Develop and maintain portfolio-based frameworks for measuring market risk across both banking and trading books.
Establish and maintain liquidity and market risk registers.
Perform monthly deposit, funding, liquidity gap, and concentration analyses, including preparation of liquidity and deposit reports
Conduct Basel III liquidity assessments, including LCR, NSFR, and leverage ratio monitoring.
Provide oversight of capital risk management, including regular ICAAP reviews; coordinate preparation of the ICAAP document, secure Board approval, and ensure timely submission to the Central Bank of Kenya.
Review and enhance liquidity and market risk policies, procedures, and controls in line with regulatory and best practice requirements and recommend changes to be approved by management.
Implement an integrated framework for measuring and monitoring market risks across the Bank.
Identify and assess liquidity, foreign exchange, and interest rate risks and recommend appropriate mitigation measures.
Analyze risk data to identify trends and support determination of market risk capital requirements.
Monitor and ensure that all positions are accurately and regularly valued and that the portfolio is actively and effectively managed. This includes ensuring that:
Trading positions are managed within approved trading desks and structures.
Position limits are appropriately established, reviewed, and continuously monitored.
Dealers operate within approved limits and in accordance with agreed trading strategies.
All positions are marked to market on a regular basis.
Trading positions and exposures are reported to senior management as an integral component of the Bank's risk management framework.
Positions are continuously monitored using reliable and relevant market information sources.
Review and evaluate counterparty limits.
Prepare monthly liquidity and market risk reports for ALCO and timely reports for the Board Risk Committee.
Conduct monthly liquidity, FX, credit, and interest rate stress testing and ensure timely submission of regulatory reports to ALCO and CBK.
Undertake research and remain current on developments in liquidity and market risk management tools, techniques, and regulations.


Key Competencies and Skills

Skills and Competencies


Strong knowledge of banking operations, financial regulations, IFRS, and Basel requirements
Excellent analytical, data interpretation, and report-writing skills.
Advanced proficiency in Microsoft Excel and other analytical tools.
Strong communication and presentation skills.
High standards of professionalism, integrity, and ethical conduct.
Ability to work effectively in a collaborative, team-oriented environment.
Demonstrated commitment to continuous professional development
Creative and proactive approach to problem-solving.


Minimum Qualifications, Knowledge and Experience

Education


Bachelor's degree in Finance, Economics, Accounting, Mathematics, or a related field.
Professional qualifications such as FRM, CFA, CPA, or ACCA are an added advantage.


Experience


Minimum of six (6) years' banking experience.
At least three (3) years' experience in financial risk management.