We are seeking a detail-oriented and analytical Market Risk Analyst to support the implementation of leading market risk management practices and strengthen the Bank's risk measurement, monitoring, and mitigation framework.
The successful candidate will assist in identifying, analyzing, and managing market risks arising from changes in interest/profit rates, foreign exchange rates, equity prices, and market volatility. The role will also contribute to regulatory risk management activities, capital adequacy assessments, and compliance with Basel and ICAAP requirements.
Key Responsibilities
- Support the implementation and enhancement of market risk management frameworks, policies, and methodologies.
- Monitor and analyze market risks arising from movements in:
- Profit and interest rates
- Foreign exchange rates
- Equity and share prices
- Market volatility
- Assist in developing and implementing risk mitigation and hedging strategies.
- Conduct market risk measurement and reporting activities using established risk models and analytical tools.
- Monitor market variables, trends, and economic indicators that may impact the Bank's risk profile.
- Prepare market risk reports, dashboards, and management information for senior stakeholders.
- Support the assessment and monitoring of trading and investment portfolios.
- Participate in stress testing, scenario analysis, and sensitivity analysis exercises.
- Assist in regulatory reporting and compliance related to market risk requirements.
- Support Internal Capital Adequacy Assessment Process (ICAAP) activities and Basel regulatory requirements.
- Analyze the Bank's risk profile and benchmark performance against industry peers and market participants.
- Collaborate with treasury, finance, compliance, and risk teams to ensure effective risk management practices.
- Contribute to the continuous improvement of risk methodologies, systems, and processes.
Requirements
Education
- Bachelor's Degree in Finance, Economics, Mathematics, Statistics, Accounting, Risk Management, or a related field.
- Professional certifications such as FRM, PRM, CFA, or equivalent are preferred.
Experience
- Previous experience in market risk management, treasury risk, financial analysis, or risk reporting.
- Knowledge of financial markets, banking products, and risk management principles.
- Experience with regulatory capital and risk management frameworks is an advantage.
Technical Skills
Essential
- Market risk analysis and measurement
- Risk reporting and monitoring
- Financial modeling and quantitative analysis
- Stress testing and scenario analysis
- Data analysis and interpretation
- Understanding of treasury and capital market products
- Regulatory risk management
- ICAAP and Basel framework awareness
- Advanced Microsoft Excel skills
- Risk management systems and reporting tools
Preferred
- Value at Risk (VaR) methodologies
- Risk analytics and statistical modeling
- Business Intelligence and data visualization tools
- SQL, Python, R, or similar analytical tools
- Treasury Management Systems
- Bloomberg, Reuters, or other market data platforms
Key Competencies
- Strong analytical and problem-solving skills
- Attention to detail and accuracy
- Quantitative and numerical aptitude
- Critical thinking and decision-making abilities
- Strong communication and presentation skills
- Ability to interpret complex financial data
- Stakeholder management and collaboration
- Time management and organizational skills
- High ethical and professional standards
What We Offer
- Opportunity to work within a dynamic and professional banking environment.
- Exposure to advanced market risk management practices and regulatory frameworks.
- Career development and professional growth opportunities.
- Collaborative and high-performance work culture.
- Involvement in strategic risk management initiatives that support organizational success.
Apply Now
If you are passionate about financial markets, risk analysis, and regulatory compliance, and are looking to build a rewarding career in risk management, we encourage you to apply for the Market Risk Analyst position and become part of a team dedicated to maintaining a strong and resilient risk framework.