Position Description
The Manager Risk will be responsible for developing, implementing, and maintaining a framework to identify, measure, monitor, and manage the risks taken by HBL AML. The role involves identifying and analyzing potential risky areas within the collective investment schemes managed by HBL AML.
Key Responsibilities
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Ensure all risk management activities align with the approved Risk Management Framework.
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Design and implement the Risk Dashboard and escalation framework to report key risk issues (VAR, Beta, liquidity basket, and volatility).
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Monitor credit and market risk parameters against assigned limits and triggers.
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Provide management with an overview of total exposures to identify concentration risk in portfolio management.
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Prepare and report interest rate sensitivity analyses and conduct stress testing of collective investment schemes.
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Conduct periodic testing of Redemption Risk Reports.
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Develop tools for Risk-Adjusted Performance measurement across all funds.
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Utilize risk findings to create contingency plans for market emergencies.
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Review the Fund Manager Report on a monthly basis.
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Develop Key Operational Risk Indicators (KRIs) and ensure mitigation controls are in place.
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Prepare and monitor RCSA and KRIs on a departmental level.
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Prepare and present reports/MIS to management committees and board-level subcommittees.
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Ensure all deviations and associated risks are reported to the Head of Risk.
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Liaise with auditors, compliance, and other departments on key risk matters.
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Assist the Head of Risk in updating policies and procedure manuals.
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Perform additional portfolio performance and risk-related tasks as assigned by the Head of Risk.
Required Competencies
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Strong knowledge of capital and fixed-income markets.
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Excellent writing and reporting skills.
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Proactive, self-motivated, and effective communicator.
Education & Experience
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MBA in Finance or Risk Management.
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Minimum 4–5 years of experience in Risk Management.