Associate Vice President - Market Risk COO

The primary role of this function consists of:

- Understanding the limits structure and Flags & Limits Excess Management system - FLEX, which are used to control risk and risk limits for the bank

- Setting up the limits in FLEX, based on specifications agreed with the responsible managers and also making required changes to the existing limits on timely basis

- Monitoring the limits utilization against the established limits, for reporting limits utilization to the relevant limit owners and for managing the process of limit excess sign offs and limits updates. Responsible for the generation of reports to monitor:

a) the performance of the risk limit monitoring and notification process so as to track the timeliness of the automatic issuance of excess notifications by FLEX

b) timely SRM sign off of limits excesses for genuine and technical excesses

c) adherence to the mandatory escalation requirements

d) timely FO supervisory sign off

- Support the maintenance of the SRM IB department's governance, policies, procedures and related documentation

- Preparing the PowerPoint presentations to be used by senior management for meetings and committees

Education:

- Bachelor's degree required; MBA or other advanced degree a plus.

Business Competencies:

- 5+ years of Market Risk background is desirable

- Excellent teamwork, interpersonal and conflict resolution skills

- Effective written & verbal communication skills

- Experienced in Microsoft Office - PowerPoint, Excel & Word

- Adaptability, multitasking and project management skills