NAFASI ZA KAZI | New Job Opportunity at Citi Tanzania, Country Risk Manager (CRM) | August, 2019 | ElimikaZaidi
ElimikaZaidi.com
Locations: Dar es Salaam, Dar es Salaam Region
Job Function: Risk Management
Employee Status: Regular
Job ID: 18078807
The Credit Risk Manager provides full leadership and supervisory responsibility. Provides operational/service leadership and direction to team(s). Applies in-depth disciplinary knowledge through provision of value-added perspectives or advisory services. May contribute to the development of new techniques, models and plans within area of expertise. Strong communication and diplomacy skills are required.
Generally has responsibility for volume, quality, timeliness of end results and shared responsibility for planning and budgets. Work affects an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family. Full supervisory responsibility, ensuring motivation and development of team through professional leadership to include duties such as performance evaluation, compensation, hiring, disciplinary and terminations as well as direction of daily tasks and responsibilities.
Responsibilities:
The CVA (Credit Value Adjustments) Risk Management team is responsible for the management of Citi’s CVA globally.
Improves the accuracy of measurement of CVA, extending the existing process across a wider range of products, implementing a consistent framework for measuring and managing the associated risks, and integrating the CVA into the overall market and counterparty risk framework.
Works with desks and their respective quantitative and ITgroups and financial controllers to enhance their current measurement methodology and ensuring effective delivery to the firm’s risk systems to enable risk management of the exposure.
Partners within the Risk organization to improve the accuracy of regulatory reporting, including stress testing and capital adequacy processes.
Reviews and approves transactions for dynamic hedging
Involvement in projects to improve accuracy of measurement of CVA
Oversees and ensures the integrity of the risk monitoring process
Reviews and approves, in consultation with seniors, risk framework for CVA for risk-taking unit(s)
Monitors compliance with risk limits/triggers
Frequently interacts with Financial Division to interpret sources of CVA variation
Interacts with Model Validation, Risk Analytics and Financial Control to ensure thorough methodologies and models
Interacts with ICG Market and Credit Risk Managers to improve accuracy of regulatory and management reportingInteraction with regulators and auditors
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Qualifications:
5-8 years relevant experience
CFA or Financial Risk Management (FRM) will be an advantage
Demonstrates thorough knowledge of product characteristics, pricing methods and hedging techniques for vanilla and exotic interest rate, FX and credit derivatives
Knowledge of the credit processes and infrastructure within the firm; background in trading, risk management or structuring is highly preferred
Education:
Bachelor’s/University degree or equivalent experience
This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.
Grade:
All Job Level - All Job Functions All Job Level - All Job Functions - TZ
Time Type:
Full time
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity CLICK HERE.
ElimikaZaidi Tunapenda kukutaarifu ya kuwa unaweza kupokea Updates zetu za Elimu na Ajira Mpya kwa KUBOFYA HAPA | CLICK HERE
- To view the "EEO is the Law" poster CLICK HERE.
- To view the EEO is the Law Supplement CLICK HERE.
- To view the EEO Policy Statement CLICK HERE.
Post a Comment