Risk Analyst I TT

JOB SUMMARY

The incumbent will be responsible for measuring and reporting on risk in the Group’s investment portfolios using approved metrics and reporting formats.  He/she will also be responsible for providing analyses and support for transactions requiring risk approval as well as providing general support to both the First Citizens Investment Services Risk Department and the Bank Risk area as required.

 

KEY DUTIES & RESPONSIBILITIES

  • Collates informational data and reports from Investment Services and the Bank Risk area and monitors overall exposures versus Group portfolio limits on a daily basis as well as reports on any exceptions/breaches
  • Works closely with the Bank Risk area and Investment Services Risk Dept., by performing the relevant checks/reviews to ensure their compliance with established Group level market risk policies and product programs
  • Calculates and reports daily/monthly/quarterly as required, on various Risk measures such as Value-at-Risk (VaR), Stress Testing and Capital Adequacy at a Group level.
  • Monitors daily and monthly portfolio movements for the Group Investment portfolio (Bank and Investment Services) and reports promptly on any anomalies/deviations from established policies
  • Scans news websites, financial databases and other sources of information to monitor and report on any major market risk events (regional and international) that can adversely affect the Group’s investment portfolios as well as provides supporting analyses as required
  • Provides analyses and support for transactions (bonds, etc) requiring approval from relevant Management to ensure timely approval of new investments.
  • Assists in performing credit reviews (performance/stability/security/risk) on all new and existing Corporate credits (locally/internationally) on the Bank’s investment portfolio and prepares related proposals for approval on a timely basis
  • Assists with the valuation of the Group’s domestic bond portfolios using relevant software and internally developed models
  • Prepares risk reports within specified timeframes for Senior Management, ALCO and other Management Committees for review by Supervisor/Market Risk Manager.
  • Assists in the development of financial models using econometric or statistical software such as Eviews, Excel and Visual Basic for Applications (VBA) programming for the purpose of analyzing new investments and structured products
  • Prepares and submits articles on investment and financial issues to Management for review and publication in electronic and print media
  • Engages in marketing of the Group’s products and services
  • Responds to customers’ requests, enquiries, incoming and outgoing calls, both local and foreign, in a courteous and timely manner consistent with operating standards and escalation to Supervisor/Manager where necessary
  • Completes special projects and other related activities as assigned by the Supervisor/Manager

 

QUALIFICATIONS AND EXPERIENCE

  • Bachelor’s Degree in Mathematics, Statistics, Finance, Economics or equivalent qualification in a related field
  • A minimum of two (2) years work experience in risk management or related field from a bank or brokerage house
  • Knowledge and understanding of market, credit and liquidity risk concepts and tools
  • Knowledge of financial instruments such as fixed income, equities, derivatives, etc
  • Knowledge of Bloomberg Analytical Software, Econometric and Statistical Software such as Eviews
  • Strong interpersonal and team work skills
  • Strong oral and written communication, time management and presentation skills
  • Analytical, conceptual, research, negotiating and problem solving skills
  • Ability to use initiative, work independently and exercise sound judgment
  • Ability to read, analyze, interpret, and use complex financial documents and forms
  • Professional deportment
  • Proficiency in Microsoft Office Suite including basic VBA programming
  • Knowledge of the Group’s Operating Software Systems, Products and Services

 

Applications are to be submitted on or before July 16, 2024.

Reference
VAC-8036
Employer
First Citizens Trinidad and Tobago
Hours
Employment Type
Salary and benefits
Salary and benefits info not provided.
Salary
Salary negotiable
Your Career Level
Early Career
Years Experience
Minimum of Two years'
Your Education Level
Bachelor's Degree|in Mathematics
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