• Application Deadline: Fri, 23 Dec 2022 00:00:00 GMT
• Position: Team Lead, Market Risk


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 10 years


• Location Not specified


• Job Field Banking 
  

Job Objective(s)

• Measurement, monitoring and controlling of the market risks to which the Group is exposed.


• Implement consistent Market Risk Management policies and procedures across the Group.


• Minimize Position and Trading Losses.


• Achieve high levels of Customer Satisfaction.

Duties & Responsibilities

• Scanning financial markets for relevant data to positions held by the bank, both financial and regulatory.


• Collection of internal data for the head office and subsidiaries through the Bank’s operating systems.


• Data collection from various market intelligence reports that impacts the Bank’s position.


• Collection of bank data to identify the Bank’s market positions.


• Collection of market data with reference to the various positions in order to be able to make comparisons.


• Preparation of daily reports which show the position of the Bank, highlighting areas of concern and areas requiring improvement.


• Monitoring of set limits for compliance for the bank.


• Circulation of reports to concerned parties and escalation of issues where the need arises.


• Preparation of Other Market Risk Reports.


• Preparation of revaluation report for both the Held for Trading and Available for Sale portfolio of the Bank.


• Preparation of Value-at-Risk Reports for the bank.


• Preparation of Sensitivity Analysis for Fixed Income and Foreign Exchange portfolios – bank.


• Monitoring of deals consummated by Treasury.


• Preparation of Derivatives Valuation Report for the bank


• Preparation of other trading Market Risk report.


• Provide support in the preparation of GALCO Reports - bank.


• Provide support in the preparation of the Group Risk Management Report – bank.


• Provide support in the preparation of Market Risk Snapshots for the Chairman - bank.


• Provide support in the Preparation of Board Reports – bank.

Knowledge & Skills Required

• First Degree in any related discipline.


• Minimum years of work experience required: 10 years.


• Basic Accounting.


• Understand banking operations.


• Good grasp of balance sheet mapping.


• Above-average database management abilities.


• Highly numerate skills.