Liquidity Risk Analyst at NMB Bank

Liquidity Risk Analyst at NMB Bank 

NMB Bank – NMB

Banking and Finance Jobs

Liquidity Risk Analyst (Re-Advertised) (1 Position(s))
Job Location :Head Office

Job Purpose:

To assist the Head; Market Risk to effectively assess and report on the Bank’s liquidity risk.

Main Responsibilities:

• Develop and implement liquidity risk policy within NMB bank.
• Develop liquidity early warning indicators and monitor mitigations for Management reporting.
• Understand the principles of prudent liquidity management and reporting, both internal and BOT requirements.
• Ensure that a snap check programme is implemented and maintained.
• Report on the value at risk, stress testing, liquidity, and profitability across the range of products traded.
• Ensure that liquidity positions/reports are accurately and timely reported and explanations are provided for any major change/movement.
• Develop and report on the bank’s funding plan, including modeling alternative funding strategies.
• Monitor the liquidity tolerance level as approved by the Board and report to Asset and Liability Committee (ALCO).
• Analyze and quantify risks associated with liquidity in retail and wholesale products, particularly relating to counterparty behavior and treatment under internal and regulatory liquidity regimes.
• Review and re-calibrate, on at least an annual basis, all behavioral liquidity assumptions and submit updated assumptions to NMB ALCO for approval.
• Develop assumptions for Stress Testing scenarios and monitor the same during Stress Testing quarterly.
• Ensure that Liquidity contingency plans (short and long term) are up to date, ALCO approved and tested as per approved frequency.
• Perform risk assessments and gap analyses over liquidity and capital risks.
• Monitor the funding concentration in line with adequate mix of assets and liabilities as per the bank’s strategy.
• Monitor the funding strategy on managing liquidity in different currencies.
• Improve liquidity risk management practices (measuring, monitoring, and reporting)
• Work with other business areas in Risk, Retail, Wholesale and Financial Markets and support Market Risk management in business or departmental wide initiatives.
• Provide analysis for work with external parties such as regulators and ratings agencies.
• Recommend and implement improvements to risk analytics and reporting, thus improving the risk decision making process.

Knowledge and Skills:

• Excellent communication skills both written and verbal.
• Excellent interpersonal relationships
• In-depth knowledge of treasury and financial risk management, in particularly ALM in banking
• In-depth knowledge of banking book liquidity risk
• In-depth understanding of financial and capital markets
• Knowledge of economic fundamentals
• Knowledge of banking book balance sheets and accountancy
• Knowledge of banking products and capital market instruments (including derivative instruments)
• Computer literacy
• Technical – Financial modeling, statistical analysis, and financial analysis
• Behavioural – Strategic business focus, Self – initiative, determination, and passion to succeed, Leadership and motivation skills, Ability to work under pressure, Delivery and control oriented, Systematic and methodical,
• Problem solving and analytical skills

Qualifications and Experience:

• Bachelor’s Degree or its equivalent in a Finance-related field.
• ACI dealing certification is mandatory.
• Minimum of three (3) years’ experience as a Liquidity & Market Risk Analyst or Financial Analyst in a financial institution.

NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.

NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.

Job closing date : 29-Dec-2023

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