Manager, Treasury Risk Management

NBC is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate and investment banking, wealth management products and services.

Job Summary

Ensure that all activities and duties are carried out in full compliance with regulatory requirements (home and host), Enterprise Wide Risk Management Framework and internal Policies and Standards. Understand and manage risks and risk events (incidents) relevant to the role. This role is to lead the oversight of Market Risk and Treasury Risk on behalf of the KRO and CRO.

Job Description​

Risk Management 65%

• Where required, lead on development and maintenance of country specific Liquidity Risk, Capital risk, Market Risk Frameworks and Policy.  Assist on Liquidity Standards development by Treasury.

• Lead and co-ordinate the drafting of country specific Capital Risk, Liquidity Risk and Market Framework and Policy Addendums with KROs. Assist on Capital Risk, Liquidity Risk and Market Risk Standards Addendum development by in-country Treasury

• Review and recommend (if appropriate) improvements Liquidity, Capital and Market Standards and other documents to Funding Risk KRO, in-country CRO and Treasury management. Aim is to provide innovative solutions, for example suggesting improvements in the way resources are allocated. 

• Provide updates to regulators and respond to inquiries into company's capital risk, liquidity risk and market risk functions following appropriate governance.

• Continuously update detailed awareness of Treasury related issues and changes across relevant business areas;

• Provide assurance on compliance with the Capital Risk, Liquidity Risk and Market Risk Frameworks and policies to the in-country CRO, BAGL Funding Risk KRO and provide value adding recommendations to the Treasury senior management team to ensure that activities are controlled but also that processes are efficient.

• Provide direction and knowledge leadership to Treasury and others;

• Provide technical recommendations and advice  on risk issues to senior management in Risk and Treasury;

• Contribute to the strategy recommendations for Liquidity Risk, Capital Risk and Market Risk management;

• Review and recommend/approve (or decline) Treasury proposals for limit changes/new metrics to CRO and Group KROs;

• Provide advice to the in-country Treasury team regarding local issues from the review such as local regulatory requirements (typically at VP/Director level).

• Report on and monitor market risk exposures against predefined limits on a daily and timely basis

• Investigate Market Risk PV and completeness of reconciliations and resolve exceptions on a daily basis.

• Investigate and resolve back-testing market risk exceptions daily.

• Review and sign off, where required, on risk metrics daily.

• Report on and monitor exposures against predefined limits on a daily basis. Build an understanding of capital requirements and the drivers thereof to provide business with insight to make trading / hedging decisions.

• Participate in new product / business developments,  significant change processes and complex trade reviews by performing risk assessment

• Review and challenge semi-annual Treasury  attestations

• Support and provide guidance to Treasury team in the implementation of frameworks and policies

Project support 25%

• Represent the Risk team, for example our approach to managing Funding risk– from time to time, this includes calls or meetings with regulators (home and host) or internal/external auditors.

• Both on regulatory and general projects, the candidate are expected to provide a Risk view of how the strategy of Capital Risk, Liquidity Risk and Market Risks should develop.  The candidate is expected to engage with the Programmes at a senior level and to make recommendations to the Group Key Risk Officer, in-country CRO and to the in-country Head of Treasury.

• Provide support on other technical activities of the treasury team as required

Relationship Management 10%

• Provide expertise on  Capital and Liquidity risk and input to key Group initiatives

• Liaise with Internal Audit on relevant audits

• Liaise with key stakeholders including AGL Treasurers (AVP/VP/D level) and other functions

• Develop a wide network of contacts across Risk and the business to identify and work towards common goals.

• Know our clients/customers and understand how the conformance team's work benefits them

• Proactively take on additional tasks as requested by the Director/Managing Director.

• Make sure our colleagues in the business are equipped to be able to protect our reputation at all times.

• Understand and adhere to the appropriate Policies and Standards applicable to the role.

• Understand and manage risks and risk events (incidents) in the role thereby contributing to the adherence to the Risk and Control Framework. Complete all mandatory training as required

Education and Experience Required

• Minimum Bachelor's degree  in Statistics, Mathematics, Risk Management, Econometrics, Economics or Accounting with at least  2 years of Risk and or Treasury related experience

• Excellent understanding of Liquidity Risk, Capital Risk and Market Risk.  A broad knowledge gained in the Treasury, Risk or Audit team of a bank

• Practical risk management experience in Treasury is preferred

• Very good understanding of bank products and their inherent risks for clients and the Bank

• Good understanding of current and future regulatory environment and ability to translate that into requirements for risk frameworks and individual businesses.

Qualifications

Bachelor`s Degrees and Advanced Diplomas - Business, Commerce and Management Studies, Digital familiarity (Meets some of the requirements and would need further development), Experience in a similar environment, Leading people - Team level (Meets some of the requirements and would need further development), Openness to change (Meets some of the requirements and would need further development), Process optimisation (Meets some of the requirements and would need further development), Reasoning (Meets all of the requirements), Risk Management (Meets some of the requirements and would need further development)

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