Applicants are hereby invited to apply for the temporary position of Special Project Resource - Group Market Risk (Non-Management Grade 6) - Group Mark Risk Unit for six (6) months.

Applications are to be submitted on or before June 04, 2025.

JOB SUMMARY

To assist with the implementation of the Model Risk Management framework by ensuring models meet requirements; updating data models and reporting mechanisms to improve efficiency and efficacy; and ensure adequate documentation of same. To also assist with key risk management functions as assigned. Responsible for performing all duties and functions with due care, attention, confidentiality, and integrity, consistent with the Group’s policies and procedures, health and safety standards and business continuity responsibilities while delivering ‘Best-In-Class’ customer service at all times
 

KEY DUTIES & RESPONSIBILITIES:

• Assists in Model Risk Management function by
  • Reviewing and validating existing financial models against specifications and ensuring that these models conform to internal and external requirements.
  • Creating new or upgrading existing financial models using Excel, Visual Basic for Applications (VBA), Power BI and Access to meet functional needs
  • Adequately and appropriately documenting models, processes and workflows
• Reviews in conjunction with the Risk Manager's existing workflows, models and reports for opportunities to streamline and automate to improve department efficiency.
• Performs the risk management function as needed by:
  • Collating data from respective departments to facilitate calculations of exposures, monitoring of compliance against approved limits, and reporting on any exceptions/breaches
  • Calculating and reporting daily/monthly/quarterly as required, on various risk measures such as Duration, Marked to Market, NAV, Value-at-Risk (VaR), Stress Testing, Expected Credit Losses, and Capital Adequacy
  • Upgrading through automation and Power BI tools, calculating and reporting the above risk measure.
  • Providing analyses and support for transactions (bonds, etc) requiring approval from relevant Management to ensure timely approval of new investments.
  • Assisting with the valuation of the Group’s bond portfolios using relevant software and internally developed models
  • Prepares risk reports within specified timeframes for Senior Management, ALCO and other Management Committees for review by the Supervisor/Market Risk Manager.
  • Supports the data requirements for the key software implementation project.
  • Assists in the development of the Yield Curve for local and foreign currency, regional and domestic countries
  • Completes special projects and other related activities as assigned by the Supervisor/Manager

QUALIFICATIONS & EXPERIENCE:

• Bachelor’s Degree in Computer Science, Actuarial Science, Mathematics, Statistics, Finance, or an equivalent qualification in other Quantitative/ Analytical fields from an accredited institution
• Candidates pursuing CFA Level I will be considered an asset
• A minimum of  six (6) months’ relevant experience as a Data Scientist, Data Analyst, Business Intelligence analyst or related Analytical role
• Experience in the following:
  • Designing and Building Data Models and Dashboards/Reports in Excel and Power BI
  • Analyzing and automating data using tools such as Excel, VBA or SQL 
  • Using Microsoft BI Suite (SQL Server, SSIS, SSAS, SSRS)
• Strong self-starter, resourceful, problem solver, analytical, critical and conceptual thinking skills
• Ability to read, analyse, interpret, and use complex documents and forms
• Good time management, problem-solving, communication and teamwork skills 
• Scientific curiosity and continuous self-learning with the ability to innovate while still conforming to established best practice
• Exposure to banking and financial data would be an asset