Position: Market Risk Officer
Job Purpose: Work as a key resource to the Head of risk assisting with the management of the market risk control function in the bank.
Reports to: Chief Risk Officer
Key Responsibilities
- Support in the planning and implementation of the market risk policies, market risk management framework and internal controls, and ensure its compliance by the different business units
- Preparation of Management report to RMC and ALCO committee
- Identify emerging risks and control issues
- Daily monitoring of CRR.
- Serve as Treasury Middle officer to review and approve all treasury dealings before system booking.
- Monitor exchange rates, and interest rates and update the daily spot/monthly average prices database
- Monitoring of set limits for compliance and promptly flagging triggers to the Head of Risk.
- Review and analysis of the treasury manual and system blotters for correctness and accuracy.
- Review and analysis of Balance Sheet Ratios and limits (Internally and Regulatory).
- Maintain Revaluation rates.
- Scanning financial markets for relevant data to positions held by the bank, both financial and regulatory.
- To monitor liquidity risk, establish trends of liquid assets to total assets or liabilities over time.
- Carry out stress tests on liquid and interest-bearing assets and liability gaps to establish liquidity and interest rate risks.
- Analyze foreign currency assets and liabilities and do stress tests to establish foreign currency exchange risk.
- Respond to ad hoc requests from the business, risk management or regulators.
Education.
A Bachelor’s degree from a reputable University.
Experience.
- At least 3 years’ professional experience in information risk related position in a financial institution.
Skills And Competencies.
- Good working knowledge of the T24 Core Banking System is preferred.
- Demonstrated ability to participate in complex, comprehensive or large IT-related projects and initiatives.
- Good communication skills
- Team player
- Networking skills
- Attention to detail
Interested candidates should send their application letters together with their curriculum vitae to the Head, of Human Resources at [email protected] not later than 5pm, Friday March 28, 2025.
