Market & Investment Risk Officer at ICS Outsourcing Limited

Responsibilities

• Investment Appraisals: It is the purview of the Investment Risk Officer to carry out appraisals on the viability and risk profile of all proposed new investments. The Investment Risk Officer does this through a combination of credit risk analysis, returns analysis and projection, as well as analysis of the credit rating review of the proposed investment. The Investment Risk Officer is also expected to conduct periodic risk assessments of existing investments to ensure their continued viability.
• Preparation of the monthly Management Investment committee Risk Report: The investment Officer prepares this report, highlighting key risks which have occurred within the past month in the investment space. He also highlights probable risks that may crystallizes.
• Preparation of the quarterly Board Risk Management Committee (BRMC) Risk Report: The Investment Risk Officer is responsible for the preparation of the investment arm of the BRMC report which highlights significant risk and performance issues the company faced in the last quarter. He may also be required to have an input in the preparation of the other aspects of the BRMC report as required by the Head of Risk management
• Preparation of the Quarterly Performance Dashboard: The Investment Risk Officer is expected to maintain a quarterly Risk/Performance dashboard. He is expected to collate key ratios and performance metrics on issues relating to Company fund performance, Operational Risk issues and Information Security matters.
• Macro-Economic Trend Analysis Monitoring: The Investment Risk Officer is expected to maintain a macroeconomic trend temp are wherein he tracks all relevant local and foreign macro-economic Indices that would aid his analysis and understanding of the investment environment and the risks therein.
• Model Development and Updating: The Investment Risk Officer shall oversee the maintenance and update of all investment and market risk models that the risk function uses in its analysis of investment risks which the Company is exposed to. He shall also be responsible for the development of new investment and market risk models that the department may have use for as the need arises.
• Limit Setting and Monitoring: The Investment Risk Officer shall oversee the setting and monitoring of investment risk benchmarks and thresholds that shall be used to guide the activities of the investment function of PAL Pensions.
• Preparation of Investment Risk Incident reports: The Investment Risk Officer shall be responsible for raising Investment Risk Incident reports/ queries upon the crystallization of an investment risk or a breach of limit or operational policy by the Investment department.
• Ad-Hoc Assignments: The Investment Risk Officer shall also be responsible for all tasks and assignments given to him by the Head of Risk management and the Managing Director, who is the line Executive Director in charge of the risk function. Such roles may include representation on special committees, drafting of policies, carrying out of departmental risk assessments and all other ad-hoc functions that may be assigned to the officer to carry out.
• Annual Audit Inputs: The Investment Risk officer work alongside the Fund Account Audit and Investment Teams in computation of the Expected Credit Loss (ECL) and Asset and Liability Matching, which are major inputs into the Annual Financial report. The Investment work with the Group risk management in computing the ECL.

Qualifications

• Interested candidates should possess a Bachelor's Degree with 5 - 8 years work experience.

Some of the Models used by Investment Risk officer include: Equities Value at Risk (VaR) and Concentration Model:

• Fair Value Bonds VaR and Concentration Model
• Portfolio VaR model
• Proposed Placement Template 2020
• Exposure to Financial Institutions and concentration model
• Asset & Liability Matching Model
• Fund Returns/Performance model.