• Application Deadline: Fri, 20 Jan 2023 00:00:00 GMT
• Position: Team Lead, Market Risk


• Job Type Full Time


• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 7 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Duties/Responsibilities:

• Oversee the enforcement and implementation of market risk management policies and governance frameworks


• Review and develop strategies to align the organisation's market risk management policies, frameworks, and activities with regulatory requirements


• Conduct training on market risk-related topics to develop team member's risk literacy and awareness


• Oversee the implementation of valuation modelling and analysis of market risk


• Implement and enforce market risk limit for all risk-taking business units


• Develop strategies and methodologies to mitigate potential market risk which may be beyond the organisation's risk appetite


• Conduct assurance checks on risk modelling outputs for accurate assessment of controls and risk monitoring activities


• Analyse identified legislation to determine its impact on the organisation's risk exposure and risk control requirements


• Conduct scenario analysis on potential extreme market events to identify impact on market risk to the organisation


• Conduct preliminary review and validation of valuation modelling and analytics findings to identify risk management-related insights


• Review risk analysis and stress testing reports to ensure accuracy of reports and propose preliminary risk mitigation strategies


• Review and ensure market risks are adequately addressed for new products, as part of new product approval processes


• Review reports and/or presentations of financial forecast findings to explain the risk positions of products


• Identify irregular market exposure positions across the organisation


• Develop regulatory reports on market risk management positions


• Serve as a market risk subject matter expert to the business.


• Develop others' understanding of market risk management through thought leadership, mentoring, and coaching.


• Interpret relevant legislation and regulations, legal documents, standards, and codes of practice relevant to the business units and their implications

Requirements

• Bachelor’s Degree in Finance, Accounting, Economics, Business Administration or Legal (Master’s Degree


• is an additional advantage)


• Minimum of seven (7) years working experience in the financial services sector


• Local and international certifications in Risk management, such as Certificate in Risk Management (CIRM)


• Prior experience in the financial services industry interest in financial products and markets Interest in financial products and markets