Position Senior Treasury Risk Analyst
Group NBKI London
Reports To Enterprise Risk Lead
Direct Reports None
Internal Relationships
* NBKI management and staff
* Treasury, Treasury Back Office / Operations, Finance, and Risk
* NBKI management committees including Asset & Liability Committee (ALCO)
* Group at NBK
External Relationships
Occasional work with external and internal auditors
Number of full-time equivalent employees: 1
Grade IBG06
Job Purpose
Supporting the Risk team and delivering on NBKI’s Business Strategy by supporting the provision of a robust second line of defence (oversight, review, and challenge) of Treasury activities/risks.
The role of the Treasury Risk Senior Analyst will be to support the Treasury Risk Manager in delivering effective second-line oversight of all aspects of Treasury risk, including asset and liability management (ALM) & interest rate risk in the banking book (IRRBB), liquidity risk, and foreign exchange risk; and support the Operational Risk function in aspects of their work relating to Treasury functions.
The incumbent must assist in the below activities:
* Supporting the embedding of the bank’s risk management framework into its Treasury operations and processes
* Maintaining a governance and controls framework based on a delineated three lines of defense model.
* Improving controls around treasury and treasury operations and helping to finalise the treasury target operating model.
* Support on adequate management of IRRBB, FX Risk, Liquidity Risk (e.g., LCR, NSFR) and capital management.
* Building mathematical models and analysis of ALM & IRRBB and Liquidity Risk.
* Increase process efficiency through process automation and use of programming languages.
* Assist in improving the quality, timeliness, and accuracy of risk-related MI, which supports strategic decision-making and risk management practices.
* Supporting with the production and delivery of risk-related MI and reports for internal and external stakeholders (including the Board, ALCO, regulators, credit rating agencies, etc.).
* Providing oversight and validation of Treasury related Models, spreadsheets/macros, etc. (e.g., Funds Transfer Pricing, cash flow forecasting and liquidity models);
* Working collaboratively with Treasury (and other areas of the Bank) to support revenue-generating initiatives within the Bank’s risk appetite (including providing 2nd line monitoring and oversight of risk management practices and providing the business with a view as to ‘good practice’); and
* Assist on producing key regulatory documents, including the ILAAP, ICAAP, Recovery Plan and RAS.
* Provide new analytics, tools and insights as and when the demand arises for them. This includes demand from Risk, Treasury and Financial Control.
Day-to-day responsibilities:
* Monitoring and reporting on Treasury’s compliance/performance concerning the Treasury Risk Management Framework.
* Enhancing the controls environment/practices (preventative and detective controls);
* To raise concerns about practices, behaviors, and possible breaches of policies and guidelines to the Manager – Treasury Risk, Head of Treasury Risk and/or the CRO.
* Provide forecasts and unique insights to support Treasury and Risk decision-making.
* Assist in developing the tools and measures to ensure the bank has meaningful insights into its Interest Rate Risk, Liquidity, Capital and regulatory positions.
* Creating and maintaining risk registers/logs and overseeing the closure of open action points.
* Updating the department on domestic and international developments and events that could impact Treasury-related practices (e.g., Banking Committee of Banking Supervision good practice guidelines, etc.) and raising awareness and act on the knowledge.
Qualification & Experience
(1) Qualifications:
University degree (minimum UK 2:1 or equivalent - Masters level qualifications preferred) in a quantitative discipline (e.g., mathematics, accounting, economics, computer science, engineering etc.);
Appropriate formal risk qualification is highly desirable.
(2) Experience: -
Intermediate level post-graduate with 5 years’ experience in risk management (or consultant) or ALM
• Experience in a banking or financial institution (Risk, Business Portfolio Analysis or Finance), including market risk and / or liquidity risk regulatory calculations and production of management information and reports;
• Good appreciation of interest rate risk and liquidity risk modelling.
• Broad familiarity with stress-testing (regular and episodic e.g., ILAAP, ICAAP).
• Familiarity with the operations of prudential risk management.
• Skilled in the visualisation of data and selecting appropriate chart types to inform management
• Good communication skills, and the ability to write and speak on technical issues to a non-technical audience
• Knowledge of statistical and mathematical concepts such as Monte-Carlo and time series models.
• Skilled with Microsoft Excel, including creation of spreadsheets. Experience of MS-Access and/or SQL development would be helpful.
• Risk data quality and management
• Exposure to “R” and “Python” for coding