The following advertisement published in the The News Newspaper On 18 May, 2013 (Saturday) that The Bank of Khyber requires the services of Risk Management Professionals having professional skills and dynamic personality to be based at its Market & Liquidity Risk Management Department, RMD at Karachi. Snaps of the advertisement is as under:
 |
(C) The News Newspaper
dated 18/05/2013
|
Market Risk Policy, Modeling and Analytics
Responsibilities of these roles will includes the follwoing:
- Formulating and reviewing market risk strategy, appetite and policy in line with the bank’s risk management policy and applicable regulatory requirements.
- Developing, reviewing and maintaining procedures for implementation of market risk management policies.
- Providing feedback on - reviewing the treasury and investment policies.
- Designing, going forward, market risk management methodologies in compliance with the Basel ii requirements and monitoring consistent implementation of such methodologies
- Assessing new product proposals from market risk perspective and providing technical feedback in the process
- Developing stress test scenarios of the portfolio to determine the effect of large, unusual market movements
- Developing market risk analytics, portfolio management and reporting framework and supervising that the same are used consistently for systematic market risk profiling
- Assessing the investment portfolio and reporting the results of assessments to the Head Market & Liquidity Risk Management for necessary feedback to the business units
Responsibilities related to Asset & Liability Management / Liquidity Risk
- Proposing liquidity risk management strategies for approval by the competent authorities;
- Developing liquidity risk management policies/procedures considering the regulatory requirements and the generally accepted practices;
- Developing a liquidity risk/ ALM limit framework, in coordination with the respective business and other functions and ensuring its consistent implementation by deploying an effective monitoring mechanism;
- Assessing the portfolio from liquidity risk aspects, advising on the ALM aspects and reporting the results to the authorities concerned;
- Responsible for monitoring of approved ALCO ratios/ limits and escalate the same to ALCO members once trigger is breached. Ensure that the limits approved on time after receiving relevant feedback from stakeholders.
- Developing liquidity risk/ ALM analytics, portfolio management and reporting framework and ensuring that the same are used consistently for systematic liquidity risk profiling;
- Performing Basel III Impact studies. Responsible for preparing LCR portion of Basel III reporting and performing quarterly QIS. Ensure coordination with treasury for timely submission of LCR templates
- Reviewing the Contingency Funding Plan and other ALM related policies developed and providing feedback during the process
Market Risk Middle Office (Responsibilities):
- Preparing periodical market risk reports for senior management and ALCO
- Monitoring compliance with the market risk management policies and procedures of the business units, as approved by the competent authorities
- Monitoring various regulatory and internal limits of different business groups/ divisions/ functions of the bank pertaining to market risk and reporting of variances/ exceptions
- Monitoring and tracking any re-designation or movement of positions between the trading and banking books
- Maintaining and developing an effective database for performance of risk analyses
- Facilitating coordination with relevant functions for implementation of middle office functionalities
Qualifications & Skills Required for the positins
Soft skills including Good inter-personal and presentation skills, and a self starter and team player with strong I.T. skills plus Technical skills that are required are as under:
- A qualified risk professional MBA in Finance / BS Actuarial Science from top Business Schools. CFA/FRM will be an added advantage.
- 5 -7 years of Banking experience on the same position.
- Good quantitative and analytical skills with experience of risk management concepts in market & liquidity risk management.
- Familiarity with SBP regulations / circulars, international pronouncements on risk / Basel II & Basel -III.
- Strong knowledge of all treasury products (Conventional & Islamic)
- Hands on with MS Excel, MS Word and MS Power Point.
- Strong analytical skills.
Procedure to apply for these posts:
The candidates having requisite qualification, experience and related professional abilities may apply online through our Official BoK web site www.bok.com.pk on or before May 31, 2013. (Only short listed candidates will be called for interview) No TA/ DA will be admissible.
