• 2.7.3 Risk management – Market risk and liquidity risk


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    Description of role

    Responsible for identifying, measuring and reviewing market risk and liquidity risk across     

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    Core technical skills

    • Knowledge of QCB laws and regulations.
    • Knowledge of financial sector, and subsectors
    • Knowledge of financial risk management and enterprise risk management concepts
    • Ability to identify risks including systemic risks and priorities them based on significance
    • Knowledge of treasury, derivative and other products
    • Ability to develop, implement and maintain market risk identification and measurement framework 
    • Knowledge of markets, instruments and risks of foreign exchange, interest rate, equity and commodity
    • Knowledge of liquidity risk
    • Knowledge of asset and liability management approaches
    • Knowledge of market risk metrics such as stress testing, Value at Risk (VaR) etc.
    • Ability to perform stress tests and back tests
    • Ability to prepare cash flows for derivative and other products
    • Understand valuation and pricing of market risk related products
      • Understand models and tools for valuation and pricing
    • Knowledge of risk and return consideration in market risk products
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    Qualification and/ or certification

    • QFSQF Level 3
    • FRM / PRM / CFA or equivalent qualifications would be useful
    • Relevant experience