{"id":4638,"date":"2018-01-15T10:48:19","date_gmt":"2018-01-15T07:48:19","guid":{"rendered":"https:\/\/www.unistoretz.com\/magazine\/?p=4638"},"modified":"2018-01-15T10:48:19","modified_gmt":"2018-01-15T07:48:19","slug":"job-at-standard-bank-group-manager-cib-operational-market-risk","status":"publish","type":"post","link":"https:\/\/www.unistoretz.com\/magazine\/job-at-standard-bank-group-manager-cib-operational-market-risk\/","title":{"rendered":"Job at Standard Bank Group, Manager, CIB Operational &#038; Market Risk"},"content":{"rendered":"<p>STANDARD BANK TANZANIA<\/p>\n<p>Job ID: 29307<br \/>\nJob Sector: Banking<br \/>\nClosing Date: Jan 24 2018<br \/>\nCountry: Tanzania<br \/>\nRegion\/State\/Province\/District: Dar es Salaam Region<\/p>\n<p>Location: Dar es Salaam<\/p>\n<p>Job Details<br \/>\nRisk Management: understanding all risks \u2013 from the economic to the political \u2013 that could affect our global business, and offering guidance to all parts of the bank<br \/>\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block; text-align: center;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-4564014896468666\" data-ad-slot=\"3464335665\"><\/ins><br \/>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n<p>Job Purpose<br \/>\nThe incumbent is responsible for Operational &amp; Market Risk activities including Risk reporting and trend analysis, errors and claims tracking and analysis, audit coordination, BCM oversight, systems entitlements, project management and preparing senior management risk reports. In addition, identify, measure and manage the banking and trading book related risk in compliance with market risk policies and procedures through regular review.<\/p>\n<p>Key Responsibilities\/Accountabilities<\/p>\n<p>Operational Risk<\/p>\n<p>Implementation, validation and monitoring of operational risk management processes within the business<br \/>\nContinuously improve the operational risk processes with the intention of adding value to business whilst introducing practices that are fit for purpose in line with leading global practices<br \/>\nEnsure that the business management are fully appraised of the operational risk status<br \/>\nProvide operational risk tools training support to the business<br \/>\nValidate reported operational incidents and exceptions, perform root cause analyses, identify potential opportunities for improvements to upstream processes\/systems. Provide adequate operational risk review and evaluation of new product releases, and emerging risks due changes to products and service offerings within the business<br \/>\nMaintain a wide network with head office and in-country business and other stakeholders (e.g. Operations, Legal, Compliance, FCC, and other risk type functions, and IT)<br \/>\nEnsure that in-country and head office operational risk deliverables and strategies are met<br \/>\nPerform sample-based back-testing analysis on specific operationally vulnerable areas to pre-empt the development of standards, procedures and process maps where operational gaps exist across businesses<br \/>\nFacilitate RCSA\u2019s and KRI\u2019s workshops with business; and monthly collation and validation of Key Risk Indicators, and other relevant ERM metrics<br \/>\nAssist in development of a cross departmental communications program on cross cutting operational risk issues, including those relating to shared enablement functions such as Finance, Operations, IT, HR and Risk divisions<br \/>\nMonitor bank\u2019s insurance cover by way of review of the insurance return to ensure that assets are adequately protected against losses<br \/>\nPro-actively identify control deficiencies from Internal Audit, Risk Assurance, Forensics, BCM, incident reports and external sources (those outside of immediate environment) and through gap analysis to ensure \u2018fit for purpose remediation by business of any risk exposures<br \/>\nEffective performance and career management of subordinates<\/p>\n<p>Market Risk<\/p>\n<p>Identify, measure and manage the Banking and Trading book related risk in compliance with market risk policies and procedures through regular review<br \/>\nMonthly and daily reporting of market risks related deliverables including positions, P&amp;L and limit breaches in accordance established guidelines and daily discussions with traders on changes that may occured<br \/>\nMonitor and escalate breaches of limits, triggers and product mandates including ensuring that limits are aligned to regulatory limits<br \/>\nMantain documentation for inputs into limit setting, limit change requests, limit mandates, product mandates, breach logs and non-adherence to code of conduct<br \/>\nArrange\/attend fortnightly meetings with front office and group market risk team to discuss market risk related issues<\/p>\n<p>Preferred Qualification and Experience<\/p>\n<p>Strong operational risk experience within financial services\/industry (retail, commercial and corporate and investment banking) with working knowledge of banking systems, procedures and controls<br \/>\nBusiness product knowledge, including understanding of financial processes in order to be able to determine their impact on risk and control<br \/>\nFamiliarity with operational risk regulatory environment e.g. Basel II (AMA), Sarbanes Oxley, etc. preferable though not essential)<br \/>\nPractical knowledge of how to input, access and utilise information from the network\/systems to analyse and forecast trends<br \/>\nA relevant tertiary qualification<br \/>\nBachelor\/Master degree, or professional qualifications such as CFA is advantageous<br \/>\nComputer literacy (MS Office)<\/p>\n<p>Knowledge\/Technical Skills\/Expertise<\/p>\n<p>Good understanding of treasury, its products and risk related elements<br \/>\nProject management skills<br \/>\n3 years experience working in a busy financial environment<br \/>\nACI Dealing Certificate (s)<strong><br \/>\nAPPLY NOW<\/strong><\/p>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<!-- linkAD.2 --><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block;\" data-ad-client=\"ca-pub-4564014896468666\" data-ad-slot=\"3390598296\" data-ad-format=\"link\"><\/ins><br \/>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n<p><b><a href=\"httpsss:\/\/careers.peopleclick.eu.com\/careerscp\/Client_StandardBankGroup\/external\/jobDetails.do?functionName=getJobDetail&amp;jobPostId=51621&amp;localeCode=en-us\" target=\"_blank\" rel=\"noopener nofollow\">TO APPLY, CLICK HERE<\/a><\/b><\/p>\n<p><a href=\"httpss:\/\/www.unistoretz.com\/magazine\/best-job-application-cover-letters-examples-killers-cover-letters-for-job-applicationany-hiring-manager-can-appreciate\/\">HOW TO WRITE A CV AND JOB APPLICATION LETTER??? No Problem&gt;&gt;&gt;Bonyeza HAPA<\/a><\/p>\n<p><a href=\"httpss:\/\/www.unistoretz.com\/magazine\/job-opportunities-at-prestige-primary-school-teachers-vacancies\/\">Job Opportunities at Prestige Primary School, Teachers Vacancies<\/a><\/p>\n<p><a href=\"httpss:\/\/www.unistoretz.com\/magazine\/employment-opportunities-at-world-vision-tanzania-january-2018\/\">Employment Opportunities at World Vision Tanzania, January 2018<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>STANDARD BANK TANZANIA Job ID: 29307 Job Sector: Banking Closing Date: Jan 24 2018 Country: Tanzania Region\/State\/Province\/District: Dar es Salaam Region Location: Dar es Salaam Job Details Risk Management: understanding all risks \u2013 from the economic to the political \u2013 that could affect our global business, and offering guidance to all parts of the bank [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[],"class_list":{"0":"post-4638","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-tzjobs"},"_links":{"self":[{"href":"https:\/\/www.unistoretz.com\/magazine\/wp-json\/wp\/v2\/posts\/4638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.unistoretz.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.unistoretz.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.unistoretz.com\/magazine\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.unistoretz.com\/magazine\/wp-json\/wp\/v2\/comments?post=4638"}],"version-history":[{"count":0,"href":"https:\/\/www.unistoretz.com\/magazine\/wp-json\/wp\/v2\/posts\/4638\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.unistoretz.com\/magazine\/wp-json\/wp\/v2\/media?parent=4638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.unistoretz.com\/magazine\/wp-json\/wp\/v2\/categories?post=4638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.unistoretz.com\/magazine\/wp-json\/wp\/v2\/tags?post=4638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}