Financial Risk Manager
HFC Limited, the banking and property finance subsidiary of HF Group, has an exciting opportunity within its Risk & Compliance Department. We are seeking a talented, dynamic, self-driven, and results-oriented individual committed to performance, excellence, and supporting the Bank’s growth strategy.
Key Responsibilities
- Ensure liquidity, foreign exchange, and interest rate risks are effectively identified, measured, monitored, and controlled.
- Provide independent assurance to senior management and business units that financial risks arising from the Bank’s trading activities are appropriately managed within the approved risk appetite.
- Regularly review and enhance market risk and liquidity policies, procedures, and manuals in line with regulatory and business requirements.
Principal Accountabilities
- Assess and monitor risks inherent in Treasury and trading activities.
- Monitor and advise on the adequacy of the Bank’s liquidity buffers, considering market risk factors and the prevailing macroeconomic environment.
- Develop and maintain portfolio-based frameworks for measuring market risk across both banking and trading books.
- Establish and maintain liquidity and market risk registers.
- Perform monthly deposit, funding, liquidity gap, and concentration analyses, including preparation of liquidity and deposit reports.
- Conduct Basel III liquidity assessments, including LCR, NSFR, and leverage ratio monitoring.
- Provide oversight of capital risk management, including regular ICAAP reviews; coordinate preparation of the ICAAP document, secure Board approval, and ensure timely submission to the Central Bank of Kenya.
- Review and enhance liquidity and market risk policies, procedures, and controls in line with regulatory and best practice requirements and recommend changes for management approval.
- Implement an integrated framework for measuring and monitoring market risks across the Bank.
- Identify and assess liquidity, foreign exchange, and interest rate risks and recommend appropriate mitigation measures.
- Analyze risk data to identify trends and support determination of market risk capital requirements.
- Monitor and ensure accurate and regular valuation of all positions, ensuring that:
- Trading positions are managed within approved trading desks and structures.
- Position limits are appropriately established, reviewed, and continuously monitored.
- Dealers operate within approved limits and agreed trading strategies.
- All positions are marked to market on a regular basis.
- Trading positions and exposures are reported to senior management as part of the Bank’s risk management framework.
- Positions are continuously monitored using reliable and relevant market information sources.
- Review and evaluate counterparty limits.
- Prepare monthly liquidity and market risk reports for ALCO and timely reports for the Board Risk Committee.
- Conduct monthly liquidity, FX, credit, and interest rate stress testing and ensure timely submission of regulatory reports to ALCO and the Central Bank of Kenya.
- Undertake research and remain current on developments in liquidity and market risk management tools, techniques, and regulations.
Key Competencies and Skills
- Strong knowledge of banking operations, financial regulations, IFRS, and Basel requirements.
- Excellent analytical, data interpretation, and report-writing skills.
- Advanced proficiency in Microsoft Excel and other analytical tools.
- Strong communication and presentation skills.
- High standards of professionalism, integrity, and ethical conduct.
- Ability to work effectively in a collaborative, team-oriented environment.
- Demonstrated commitment to continuous professional development.
- Creative and proactive approach to problem-solving.
Minimum Qualifications, Knowledge, and Experience
Education
- Bachelor’s degree in Finance, Economics, Accounting, Mathematics, or a related field.
- Professional qualifications such as FRM, CFA, CPA, or ACCA are an added advantage.
Experience
- Minimum of six (6) years’ banking experience.
- At least three (3) years’ experience in financial risk management.
Category: Risk and Compliance
Subsidiary: HFC
Application Deadline: 7th January 2026