Tuesday 19 June 2012

O/c Market and Credit Risk Job Vacancy at Housing Finance Bank


Job Title: O/c Market and Credit Risk

Job Description

O/c Market and Credit Risk

JOB REF:    RSK3.2

JOB TITLE:    O/c Market and Credit Risk

RANK:    Manager

REPORTS TO:    Head Risk Department

DUTIES AND RESPONSIBILITIES:

■    Establish and manage risk database for losses, near misses and abnormal gains bank wide in line with Basel II categorization.

■    Develop Market risk management tools such as Key Risk Indicators, Risk and Control Self Assessment, risk dash boards, heat maps.

■     Proactively participate in training and coaching of bank staff in areas of Risk management.

■    Effectively identify market risk from within as well as from external factors and create mitigating systems and mechanisms.

■    Participate in the establishment and implementation of an integrated frame work for measuring and monitoring market risk across the bank.

■    Compiling pertinent analytical reports for Asset and Liabilities Committee (ALCO).

■    Carrying out pertinent research and keeping abreast of relevant developments (skills, techniques, concepts, etc) in the market risk realm.

■    Analyze term sheets from the strategic partners and ensure that a proper hedging mechanism has been put in place.

■    Monitoring the credit exposures of the Bank.

■     Provide pro-active oversight reviews to ensure that risk taking remains within limits set by Senior Management/ Board of Directors with any material exception to Risk Management policies and tolerances being reported to Senior Management^ Board of Directors.
■      Provide support to ALCO in building and implementing Asset and liability policies and procedures.

■    Ensure that the Bank has adequate contingency plans to identify Market risk stress situations ahead of time and measures to deal with such unusual situations in a timely manner.

QUALIFICATIONS:

■    A good undergraduate degree in any of the following fields; Statistics, Economics, Accounting & Banking from a, reputable university.

■    Public Accounting qualification and or MBA.
EXPERIENCE:

■    Minimum of 6 years experience in a Banking environment with at least 3 years in management of Market and Credit’ Risk.

SPECIAL SKILLS:

■     Sound knowledge of accounting and financial analysis, financial markets and products, credit analysis, banking operations and banking industry issues.

■    Strong analytical skills and attention to detail and sound knowledge of the macroeconomic environment and its impact on banking business and bank’s target markets/ customers.

■    Excellent report writing and analytical skills.

■    Excellent Interpersonal & networking skills.

■    Strong Communication skills.

■    High degree of Integrity & confidentiality.

■    Good Computer skills and knowledge is desirable.

AGE

■    Not above 40 years.

SALARY AND BENEFITS ARE VERY ATTRACTIVE



How to Apply

Hand written applications must be accompanied by:

* A detailed curriculum Vitae.

* Copies of academic qualifications and professional training documents/certificates.

Three (3) letters from referees.

Note: Please indicate the Job reference on the top right hand corner of the application envelope.

Applications should reach NOT later than Friday 29th June 2012 and be addressed to:

Head Human Resource & Administration Department

Housing Finance Bank

Plot 4 Wampewo Avenue, Kololo

P. O. Box 1539, KAMPALA

Only shortlisted candidates will be contacted.