Market and Liquidity Risk Officer

Department: Risk Department
Title: Market and Liquidity Risk Officer
Reports to: Risk Department Manager

Main Responsibilities
Adherence to the directives of the Risk Department Manager. Main responsibilities include, monitoring the daily banking and finances as well as assessing the bank's exposure to market and liquidity risks resulting from: Fluctuation in interest rates, exchange rates, prices of securities and commodities and liquidity risks related to covering commitments or losses of alternative opportunity resulting from liquidity excess. Giving recommendations to reduce the effects by setting the ceilings, activating and strengthening the supervisory controls, setting the necessary plans to reduce and mitigate their effects in the event of their occurrence and examining the plans by testing the different scenarios.

Key Duties

1. Commitment to monitoring the risks at the bank, in order to determine the level of market and liquidity risks and methods of measuring, to determine its impact on the bank’s profits.
2. Preparing reports on the level of market and liquidity risks and any violations of the internal and external instructions that would expose the bank to risks.
3. Commitment to internal work procedures, monitoring their compliance with banking laws and regulations and ensuring their comprehensiveness to reduce market and liquidity risks.
4. Follow up the risks of non-compliance with laws, regulations and instructions related to market and liquidity risks through:
   • Examining the laws and legislations that govern the banking business, determine the rules that the bank should apply, and explain these rules to the bank’s employees.
   • Following up on the bank’s compliance with laws, legislations, regulations, and instructions, and identify, evaluate, and provide advice on financial losses and reputational risks that may result from that.
   • Adhering to the decisions and circulars issued by the Palestinian Monetary Authority.
   • Complying with internal regulations and instructions of the bank.
5. Contribute to determining the market and liquidity risks that the bank faces and how to reduce them, including exchange rate risks, interest rate risks, and securities and commodities prices risks through:
   • Monitoring the measurement of market and liquidity risks to determine their weights.
   • Participating in monitoring and measuring market risks and working to identify them.
   • Adhering to the instructions of the Palestine Monetary Authority regarding the application of the provisions related to the work of the Risk Department.
   • Committing to risk management and business continuity policies.
6. Calculation of the value at risk of the existing investments.
7. Preparing PMA scenarios for market and liquidity risks and preparing scenarios for the bank.
8. Prepare the PMA requirements for market risks and liquidity.
9. Preparing reports related to banks' systemic risks related to market and liquidity risks.
10. Archiving the department's work and the reports, along with the corrective actions that have been taken. 
11. Contributing to the implementation of the rules of work and ethics of banking.
12. Contribute to enhancing the awareness of the bank’s employees and informing them of the risks that need to be known.
13. Commitment to the department's annual work plan in line with the development of the banking business and the bank’s activities.
14. Performing any other tasks related to the work of the department under the assignment of the direct manager.

Job Qualifications

• Academic qualifications and work experience:
• A Bachelor of either Finance, Business Administration, Economics, or any related field with a minimum of 4 years of experience in the risk field.

Required Languages:

• Native Arabic speaker 
• Excellent command of written and spoken English 

Personal & Technical skills:

• Excellent leadership skills and capability 
• Excellent and effective communication skills
• Highly effective in crises management. 

How to apply: 

Interested candidates should upload send their resumes with a cover letter by email to hr@tnb.ps , to arrive no later than May 13, 2021 at 15:00 Palestine local time. 

Please include the following reference in your correspondence: “Market and Liquidity Risks Officer”.
The National Bank is an equal opportunity institution and is committed to achieving workforce diversity at every level. All applications will be acknowledged and treated in strict confidence. Only shortlisted candidates will be contacted