Remote senior treasury risk analyst

• NBKI management and staff
• Treasury, Treasury Back Office / Operations, Finance, and Risk
• NBKI management committees including Asset & Liability Committee (ALCO)
• Group at NBK

Occasional work with external and internal auditors

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.

(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