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Market Risk Analyst – (2200014916)

Role Responsibilities 

To support Head, Traded Market Risk, AME in identifying, measuring, setting limit and monitoring market and applicable trading risk exposures.

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RESPONSIBILITIES

Strategy

  • Support Regional Office to establish and maintain the framework for the Market Risk function and operate within the agreed strategy and budget
  • Support Regional Office to ensure clarity of information flow, escalation of concerns and communication of organizational change

Business

  • Daily administrative matters of the local market risk monitoring
  • Maintenance of relationship with local business units to provide market risk support.

Processes

  • Implement Traded Risk Management (TRM) Market risk policies.
  • Review and analyse key exposures, limits and their utilization in view of prevailing market conditions.
  • Participation in ad hoc projects and requests (eg as required by senior management and SC departments).
  • Implement sound controls and consistent processes
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People & Talent

  • Support Regional Office to ensure implementation of local HR policies

Risk Management

  • Advisory capacity for market risk limits (price risk) on limits issues (applications and excesses). This includes monitoring the applicability of the limits, policies and procedures to the local context.
  • Manage East Africa TM desks out of SCB Kenya and the resulting market risk where applicable
  • Ensure all market risk activities are identified and monitored on a timely basis. This includes timely investigation and reporting of limit excesses of approval by the Regional/Group office
  • Daily administrative matters of the local market risk monitoring
  • Contribution to regular risk summaries for senior management in TRM.

Governance

  • Represent TRM and support respective Country/Executive Risk Committee on Country Market Risk Management.
  • Maintain appropriate relationships with regulators and rating agencies and liaise with internal / external auditors.
  • Ensure compliance with internal policies, procedures, CAD1/CAD2 requirements, Codes, and applicable external laws and regulations

Regulatory & Business Conduct

  • Display exemplary conduct and live by the Group’s Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Lead the TRM function to achieve the outcomes set out in the Bank’s Conduct Principles
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association

QUALIFICATIONS

  • University degree in Finance or some quantitative subject (Science, Engineering).

Relationship Manager, Local & Mid Corporates – (2200014006)

Role Responsibilities 

JOB SUMMARY

  • RM would be responsible for Origination and would work closely as a team with the CA and CCM in deepening relationships and driving revenue growth.
  • The RM is overall responsible for post deal account maintenance and managing the risk associated with the portfolio. He has an overview on CCM who holds direct responsibility for post transactional activities and the CA for credit related activities.

RESPONSIBILITIES

  • RM would be responsible for Origination and would work closely as a team with the CA and CCM in deepening relationships and driving revenue growth.
  • The RM is overall responsible for post deal account maintenance and managing the risk associated with the portfolio. He has an overview on CCM who holds direct responsibility for post transactional activities and the CA for credit related activities.

Business

Account Management / Origination support

  • Ensure quality of the sales pitch and lead them with the clients. Also review the Term sheets before delivering to clients.
  • Work with CA and obtain all pre-deal clearances.
  • Effectively use CRM for managing a healthy pipeline and also a record of client calls and discussions.
  • Oversee CCM to ensure smooth on-boarding of client after thorough completion of documentation and other processes.
  • Senior client calling and briefing on a regular basis for account maintenance and deal negotiation. Also engage senior internal stakeholders for marketing, credit and any other pertinent issues

Identify prospect and convert in line with Bank’s appetite.

Client on-boarding & deal execution

  • Successfully negotiate and close out pricing and other deal dynamics with client
  • Work closely with CA, product partners, GAM/FAM and analyze a) wallet size b) determine appropriateness of the product and c) work out a comprehensive account plan
  • Oversee the quality & turnaround of credit proposal and ensure faster delivery. Work with CA for resolving Credit queries.
  • Oversee the CCM to ensure all documentation and security creation are completed on time to ensure smooth execution of transaction.
  • Liaising with Legal/external counsel/CRC in preparation and execution of non standard complex transactions along with product partners.
  • Work with CDD team to ensure proper completion of eCDDs.
  • Work with CDD team to ensure proper completion of eCDDs.
  • Account Management & portfolio quality
  • Along with the product partner, push for line utilization of complex and structured transactions. Oversee the CCM in ensuring high utilization of regular WC facilities.
  • Review Failed Trade status, EAR, ASTAR CCRT, etc with the CA to ensure discipline and quality in portfolio
  • Review the excess/past due situation with CCM to ensure they are regularized and also facilitate approvals wherever required.
  • Review and monitor the client profitability to ensure there are no revenue leakages.
  • Attend various internal or external sales/ non sales meetings like EAR, CAT, MTM calls, Portfolio Review Meeting and convene the consortium meetings where we are the lead bank.
  • Maintain record of Confidentiality Agreement (Sales Team Leader to maintain file & copies will also be held by signatories to the agreement)
  • Overall responsible and accountable for the credit quality of the assigned/acquired portfolio.
  • Remain Alert to the risk of Money Laundering and assist in the bank’s effort in Combating it by adhering to the key principles in relation to: Identifying your customer, knowing your customer, recording suspicious activity report/ suspicious transaction report, safeguarding records, meeting requirements by POCAMLA & CBK Prudential guidelines and not tipping off customers.

Processes

  • Ensure adherence to all internal/regulatory policies & regulations

Risk Management*

  • Request necessary information from clients to complete periodic CDD reviews
  • Resolve documentation issues (discrepancies, waivers, collateral shortfall)
  • Inform clients of relevant changes to regulations
  • Be proactive in ensuring compliance with Bank policies and procedures and lead preparation of client files for audit purposes

Governance 

  • Own regulatory outreach (informing clients of new regulations; requests for additional data for AML/ sanctions/ FATCA compliance etc
  • Responsible for assessing the effectiveness of the Group’s arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas
  • Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
  • Responsible for delivering ‘effective governance’; capability to challenge fellow executives effectively; and willingness to work with any local regulators in an open and cooperative manner.

CDD, ESRA, FM Appropriateness

  •  RM to own CDD, ESRA and FM Appropriateness review activities for their clients; supported by IMO where applicable

Regulatory & Business Conduct 

  • Display exemplary conduct and live by the Group’s Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Lead the CCIB Kenya to achieve the outcomes set out in the Bank’s Conduct Principles
  • Adhere to local regulator [CBK] prescribed responsibilities and Rationale for
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • Own 1st line risk oversight (financial crime, sanctions, fraud etc)
  • Support internal audits and regulatory audits
  • Proactively track and follow-up on regulatory / compliance issues
  • Escalate issues internally as needed (e.g. to CFCC, Credit Risk)

Key stakeholders

Internal:

  • Product partners for designated portfolio
  • Key functional partners ie IMO, Credit, MDU, Legal, Compliance, Product Ops (Trade, Cash, FMO etc), Finance, Marketing

External:

  • Clients (including at senior level) / Trade associations, etc
  • legal firms
  • Accountants etc

Other Responsibilities

  • Embed Here for good and Group’s brand and values in the Team.
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

QUALIFICATIONS

TRAINING, LICENSES, MEMBERSHIPS AND CERTIFICATIONS

  •  A Degree in Business/Commerce/Economics is preferred however a degree in a science or other related field where analytical skills are gained is acceptable.
  • Minimum of Three  years’ experience as a Relationship Manager in a Corporate Banking  is preferred
  • Risk & AML certified as stipulated by Bank policy for Relationship manager
  • Languages: English and/or local language skills as relevant to country requirements

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