Senior Risk Analyst

First Global Bank is a Jamaican-based commercial bank and a wholly-owned subsidiary of GraceKennedy Limited. Operating since 2002, FGB has a reputation of redefining the banking experience through its commitment to technology and a high standard of service delivery. The bank was first to deliver several digital channels including the Caribbean’s First Video Teller Machine and expanded service delivery through agent banking services. FGB also offers one of the best rated online banking platforms (Global Access). First Global Bank currently operates eight (8) main branches and fourteen (14) banking agents across Jamaica.  

Our Employee Value Proposition

GK takes pride in our people, our products and our environment. Our culture is built on a philosophy of unity, grounded in our spirit of care, and guided by our core values of Honesty, Integrity and Trust. We are a team that cares and supports you on your journey to achieving your personal goals and realizing your potential.

You will gain hands-on experience working on real transformation initiatives within a dynamic commercial banking environment, while being supported by a team committed to your growth and development.

First Global Bank invites applications for the following position: 

SENIOR RISK ANALYST

Purpose of position          

As a Senior Risk Analyst at First Global Bank, the primary purpose of the role is to play a key role in safeguarding the bank's financial stability by assessing, monitoring, and mitigating various financial and non-financial risks. You will be responsible for analyzing and managing risks related to liquidity, interest rate, investment portfolio, credit exposures, counterparties, on/off-balance sheet exposures, AML/CFT, fraud, strategy leveraging risk measurement techniques such as VaR, stress testing, scenario analysis, and simulations. Insights and recommendations from the role will directly evaluate the bank's operational and strategic decisions, ensuring its operating efficiency, financial health and regulatory compliance.

Principal Responsibilities

Financial Risk Functions:

• Conduct risk assessments on financial exposures – Interest Rate, Capital, Liquidity, Foreign Exchange, Equities, Investment Portfolio
• Conduct stress tests to ascertain any future material impact on FGB.
• Conduct reverse stress tests to assess the viability of the business and aid the business in addressing potential threat events.
• Analysing the company’s market position and running figures through complex modelling techniques to find value at risk (VAR) measurements, particularly in its bond portfolio exposures.
• Carrying out quantitative analysis of significant macroeconomic exposures to the business.
• Build market risk models to provide sensitivity and scenario analysis of Balance Sheet and Profit & Loss exposures, Strategic Plans and new products and services.
• Continuously examine financial literature and regulatory requirements to ensure the bank is using the latest models and statistical techniques to quantify portfolio risk exposures.
• Developing quantitative strategies that assist in the management of portfolios and / or achievement of a more efficient risk / return trade-off, including effective strategies to manage concentrated positions.
• Develop tools to better understand and communicate risk concentrations, and counterparty transactions, limits and breaches.
• Analyse risks across all business areas and asset classes.
• Provide risk assessment / analysis and recommendations for potential investment options.
• Develop and maintain ALCO risk frameworks where limits are respected and consistent with the FGB’s risk appetite.
• Develop and maintain appropriate risk and capital models, in partnership with other subsidiaries of GKFG FHC.
• Proactively identify and assess relevant emerging risks and industry standards.

Credit Risk Functions:

• Provide independent assessments of credit risk management processes to determine material credit risks exposures to FGB on a portfolio basis.
• Assist management by reviewing estimated credit loss (ECL) calculations and assessments from time to time.
• Conduct macro and micro analyses of FGBs credit practices and portfolios and ascertain potential upside and downside risks to the overall process.

Non-Financial Risk Functions:

• Assess, develop, lead, and support formal enterprise risk management programs, including the establishment of foundational processes and methodologies and the integration of the ERM program with strategic plans, priorities, and reporting mechanisms.
• Conduct operational risk assessments and update risk registers, and operational loss registers.
• Conduct strategic and process risk assessments to determine how risks may impact the strategy and execution of key processes and initiatives at FGB.
• Perform Data Privacy Risk Assessments and support the ongoing monitoring of privacy risk exposures.
• Support FGBs key strategic initiatives by way of risk monitoring and reporting.
• Perform any job related duties assigned from time to time.

Required Qualification, Experience and Key Competencies:  The successful candidate should have:

• Postgraduate degree in Enterprise Risk Management, Finance, Actuarial Science, Business Administration, Management, or Accounting.
• Completion of CFA/FRM or ACCA or any other related professional designation
• Minimum 4-5 years related working experience.
• Training in Audit, Risk, Compliance, Data Analytics (R, Python etc.) Report Writing, Project Management
• Executive training in Enterprise Risk Management (ERM)
• Ability to implement new concepts.
• Excellent facilitation and presentation skills
• Capable of operating at all levels in the organization
• Ability to develop policy and procedure documentation.
• Ability to interpret, analyse and apply guidelines and procedures.
• Excellent critical thinking and communication skills
• Excellent interpersonal skills, analytical, problem solving and negotiation skills.
• High degree of honesty and integrity.
• Proficiency in Microsoft Office Suite (MS Word, Excel, PowerPoint and Visio).

Qualified applicants are invited to submit applications no later than 17/04/2026 via the Careers section of SuccessFactors.

First Global Bank Limited upholds the principles of fairness and equity in the treatment of all our employees and stakeholders. The Company is committed to equity in all its employment practices and policies and seeks to recruit, develop and retain its employees on the basis of merit, ability and performance. As such, we are committed to ensuring equal opportunity in employment, and will not discriminate on the grounds of race, national origin, religion, gender, or otherwise.