Thursday, July 11

Equity Bank Employment Vacancies 2013

Equity Bank Business Continuity Program Manager, Credit Card & Electronic Payment Risk Manager, Credit Risk General Manager, IT Risk General Manager, Market Risk General Manager, Quantitative Analyst and Research Economist Jobs in Kenya

Equity Bank is one of the region’s leading Banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern, inclusive financial services that maximize their opportunities.

With a strong footprint in Kenya, Uganda, Tanzania, Rwanda and South Sudan, Equity Bank is now home to more than 8 million customers – the largest customer base in Africa.
Currently the Bank is seeking additional talent to serve in the roles outlined below.

1. Program Manager – Business Continuity
The successful candidate will work within the Bank’s risk department and report to the General Manager-Operational Risk.
He/she is expected to work closely with the Business Continuity Head in the planning, implementation and maintenance of the Business Continuity and Disaster Recovery Program (BCP/DRP).

Key Responsibilities:
Maintain the BCP/DR related records for the bank. Ensure the organizations’ conformance and alignment to the regulatory BCP/DR requirements, ensuring that gaps are identified (if any) and mitigated
Coordinate the BCP/DR efforts during each phase of the bank’s BCP/DR Program
Generate reports of program status to the bank’s Senior Management, Operations leaders, Account Owners, and other key stakeholders
Coordinate and assist the execution of each Business Continuity/ DR Testing from beginning to end
Generate the Training and Awareness materials for Business Continuity and manage the result of exams
Drive and facilitate discussions with the bank’s Incident Management team in actual disaster events and in simulated exercises
Educate the business partner in the understanding of BCP/DR capabilities, and ensure relevant documentation is in place prior to the completion of any migration project
Train new and existing employees in all matters related to Business Continuity

Candidate’s Profile and Qualifications
Bachelor of Arts or Science in any field
Experience in implementing Business Continuity Management or knowledge of BS 25999 standard required or preferably a minimum of 2 years performing in a similar capacity
Advanced skills in Microsoft Office – Excel, Access, PowerPoint

Desired Knowledge, Skills and Ability
Strong analytical skills
Computer proficiency
World class customer service skills
Strong communication and negotiation skills
Team player with excellent interpersonal skills
Excellent financial and business acumen
Excellent organization and planning skills
Strong leadership skills

2. Risk Manager – Credit Card and Electronic Payment
The successful candidate will work within the Banks risk department and report to the General Manager-Operational Risk.

Key Responsibilities
Perform analytics to develop credit card policies, credit card strategies, line assignment strategies, and APR optimization
Educate merchant on violation/authorization issues including regulations surrounding the electronic transfer of data and money
Oversee the procurement of chargeback monitoring tools
Identify and articulate long-term solutions and strategic responses to chargeback issues, as well as friendly and real fraud
Monitor merchants credit card processing activities using various risk and chargeback monitoring tools
Consistently monitor all merchants for potential chargeback and/or risk issues
Participate in software and system configuration projects for credit Card risk management
Basic experience with statistical techniques and data manipulation
Contribute to the development of credit card strategies to manage unit and loss rates using statistical techniques to optimize the yes/no decision
Execute MI to actively monitor accounts post booking to ensure all KPIs are being met or exceeded
Report on deviation from expected results and address accordingly through appropriate actions
Work closely with Fraud Management and Fraud Specialists in performing detailed analysis and making critical business recommendations to enhance performance for reducing fraud loss/ exposure
Analyse fraud loss trends using analytical disciplines, identifying root-cause and producing targeted solutions to mitigate loss

Candidate’s Profile and Qualifications
Bachelors Degree in any related field
Experience using analytics and data to develop value-add business outcomes

Desired Knowledge, Skills and Ability
Ability to manage multiple projects and work within cross functional teams
Ability to present ideas and concepts in a clear and concise manner
Awareness and academic knowledge about statistical techniques such as CHAID, logistical regression and other modeling techniques
Basic knowledge about compliance and regulatory requirements for strategy development and risk management activities related to electronic movement of money and data
Ability to address problems and implement highly effective solutions with a sense of urgency and assertiveness
Basic understanding of retail credit practices (credit cards preferred) and business P&L drivers
Critical thinking and problem solving skills
Excellent communication skills and knowledge of statistical software packages
Advanced IT skills in Microsoft Office – Excel, Access, PowerPoint, SQL

3. General Manager – Credit Risk  
Key Responsibilities

Develop scorecards and loss models for quantifying credit exposure
Develop internal ratings framework for support of credit decision-making
Develop IT data mart that supports scorecard and loss models
Create and develop automated platform for analytics and integrate it with existing systems
Undertake quantitative internal capital adequacy assessment process in relation to credit risk analytics
Develop Basel-compliant probability of default (PD), Loss Given Default (LGD) and Exposure at default (EAD) models.
Create portfolio based framework for measuring credit risk
Work with market research to develop customer-related analytics
Work with market risk and operational risk analytics to aggregate exposure for enterprise risk management
Create integrated platform with operational risk and market risk analytics to quantify integrated risk
Revise ERM framework to include quantitative measures for aggregating overall bank risk in conjunction with operational and credit risk
Continuous evaluation of portfolio quality through the establishment of portfolio based analytics
Assist in product introduction and uptake into the market
Facilitate customer service to multiple access points and channels

Candidate’s Profile and Qualifications
7 to 10 years banking experience with at least 5 years in a risk management-related role
Post-graduate qualifications, such as: CFA, CPA, FRM, PRM, RMA
PhD or Masters from a recognized institution with a concentration in a quantitative discipline would be an added advantage
Experience in emerging markets in a banking industry
Experience in achievement of Basel compliance
Deep capital market knowledge in the countries where he/she has worked, Kenya and surrounding countries a plus

Desired Knowledge, Skills and Ability
People management and leadership skills
Strong analytical skills
Strong communication skills- both verbal and written
Team player with excellent interpersonal skills
Proficiency in at least one statistical programming language – preferably R, SAS or SPSS, VBA, C++
Good working knowledge of MS office suite especially Ms Excel/VBA

4. General Manager – IT Risk
The role holder will be responsible for managing diverse issues including fraud, regulatory compliance, risk frameworks and modeling, capital efficiency, corporate governance, dispute resolution and deriving value from contracts.

Key Responsibilities
Ability to deal effectively with technology related risks and derive maximum value from data and documentation
Represent the risk team in working groups such as change steering groups, risk system support & upgrade projects
Craft policy and strategy on software purchase/upgrade
Produce periodic management reports on the impact of IT risk issues on operational and reputational risk
Craft and maintain IT risk policy on how to deal with external and internal threats to the integrity of the bank’s IT infrastructure.

Candidate’s Profile and Qualifications
Degree/Masters in IT or Computer science
Proven experience of successfully delivering technology risk analysis within a bank/financial service
Experience in working within a dynamic IT consultancy environment with a focus on IT risk
Experience in business analysis and understanding of core business processes in a financial institution
Proven track record of working within a Technology Risk team, where a large amount of the work involved providing consultancy, advice, assurance and attestation of the banks IT systems and processes, IT risks, IT controls and IT projects.
This work should have been delivered through standalone assignments, or as part of broader multi-disciplinary projects, periodic trouble shooting of IT infrastructure to evaluate internal and external risk factors
Experience of end-to-end Project Management
A good understanding of technology platforms.

Desired Knowledge, Skills and Ability
Ability to present on specific subjects to a large group of people
Ability to identify and assess complex IT risks and controls, to relate them to the wider business environment and to express opinions clearly to all levels
Ability to develop excellent client and internal relationships
Ability to deliver work within tight timescales
Knowledge of computer networks administration
    Knowledge of software development cycles and procedures.

5. General Manager – Market Risk

Key responsibilities
liaise with various Front Office, Middle Office and market risk teams to facilitate inception, definition, documentation, testing and implementation of Market Risk Infrastructure projects
Produce requirements for new development projects, and contribute to detailed project planning activities for such initiatives
Understand and be comfortable with market risk concepts, including risk characteristics of different asset classes, risk sensitivities, historical VaR and other VaR methodologies
Implement new methodologies for new product launches

Candidate’s Profile and Qualifications
Quantitative degree: Actuarial Science, Mathematics, physics, MBA, MSC Finance
7 to 10 years banking experience with at least 5 years in a risk management-related role
Post-graduate qualifications, such as: CFA, CPA, FRM, PRM, RMA
PhD or Masters from a recognized institution with a concentration in a quantitative discipline would be an added advantage
Experience in emerging markets in a banking role banking industry
Experience in achievement of Basel compliance
Deep capital market knowledge in the countries where he/she has worked, Kenya and surrounding countries a plus
Strong product knowledge across FX and/or rate. As well as being able to understand risk models and metrics
Strong knowledge of AIM modeling
Experience across multiple asset classes including Fixed Income, equities, commodities, credit, and FX
Good understanding of Value at Risk and related risk systems exposure.

Desired Knowledge, Skills and Ability
Strong communicator in order to manage various stakeholders within the business
Demonstrated people management and leadership skills
Strong analytical skills
Team player with excellent interpersonal skills
Proficiency in at least one statistical programming language-preferably R, SAS or SPSS
Good working knowledge of MS office suite especially MS Excel.

6. Quantitative Analyst
The successful candidate will work within the Bank’s risk department and report to the General Manager-Enterprise Risk.

Key Duties and Responsibilities
 
Carry out analytical research for credit, market & operations risk
Codifying scorecards methodologies across the bank
Creating and validating interest rate (IR) models
Creating credit portfolio loss models
Customers profiling/segmentation
Supporting the bank’s traders by providing algorithmic models
Liquidity risk modelling
Profitability modelling

Candidate’s Profile and Qualifications
A degree from a recognized university in a numerate field such as Mathematics and computer science, Mathematical/Applied Statistics, Economics/Econometrics and statistics etc
A minimum 2 to 3 years operational experience in the banking industry, especially, Credit, Operations or Treasury
IT proficiency and/or background is a major advantage
Understanding of banking operations particularly credit appraisals, sales, marketing, customer service and fraud

Desired Knowledge, Skills and Ability
Understanding and flair for quantitative modeling techniques.
Experience or training in the use of statistical softwares (SAS, S PSS, Stata, Epi, Excel Stats, R, Oxmetrics)
Experience or training in the use of reporting and querying tools (Crystal Reports, TOAD, SQl)
Experience handling large data sets and databases (Oracle, Sybase, Tera data, DB2)
Proven knowledge of any programing language
Knowledge and practical application of Monte Carlo simulations
Creation of statistical/mathematical, and cash flow models
Creating trading robots

7. Research Economist
The successful candidate will work within the Bank’s risk department and report to the General Manager- Enterprise Risk.
 
Key Duties and Responsibilities

Carrying out continued research and analysis on the currency movements and trends
Project design and set up, managing data collection, modelling work and presenting findings and recommendations
Developing/back-testing investment strategies
Providing model based interest rate forecasts and the development of market mix models/predictive/econometric models
Data manipulation, extraction and analysis
Investigating global and regional macro-economic movements as well as policy developments
Writing model development and validating documentation, ensuring all aspects of model delivery comply with regulatory and internal policy requirements and working closely with the entire risk department when modelling

Candidate’s Profile and Qualifications
MA (Economics/Statistics), MSc. (Econometrics/Financial Statistics)
3 years operational experience in the banking industry, especially, Credit, Operations or Treasury
IT proficiency and/or background is a major advantage

Desired Knowledge, Skills and Ability
Experience or training in the use of reporting and querying tools (Crystal Reports, TOAD, SQL)
Knowledge of Oracle databases – Database management
Proven knowledge of any Programming language
Knowledge of Monte Carlo simulations and other analytical expertise e.g. advanced time series modelling skills
Advanced skills in Microsoft Excel is desirable
Strong grounding in econometric modeling skills and experience in statistical analysis to predict future trends and financial market behavior patterns
Working knowledge of statistical software such as R, Stata, SAS is desirable
Ability to convert analysis into real actionable solutions

If you meet the above requirements, please submit your application quoting the job you are applying for with a detailed Curriculum Vitae, current remuneration and daytime telephone contact and email address to jobs@equitybank.co.ke by 19th July 2013.

Only short listed candidates will, be contacted.

Equity Bank is an equal opportunity employer.

We value the diversity of individuals, ideas, perspectives, insights, values and what they bring to the workplace.

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