Market Risk Officer at a Digital Payment Institution

A newly licensed Digital Payment Institution in Nigeria with strong affiliation to one of the leading Mobile Telecommunication in Africa desires to recruit a highly competent, talented, self-motivated and result oriented individual to fill the position below:

Job Title: Market Risk Officer

Ref: Market Risk
Location: Nigeria

Responsibilities

• Responsible for daily measurement and reporting of probable losses as a result of market risks inherent in bank’s trading positions in equities and bonds using various metrics.
• Responsible for daily mark to market of various trading rates and prices.
• Ensure that all the databases maintained by the department as well as other sources are updated and reflective of market rates/prices.
• Investigate and report off-market rates.
• Understand the risks and work with the trading desks to create and monitor a suitable limits structure and propose new limits when necessary.

Qualifications / Experience / Competencies

• A minimum of First Degree in Accounting, Banking & Finance, Statistics, Econometrics or any other Quantitative Discipline e.g. Engineering. Computer Science is desirable.
• Possession of MBA or M.Sc. in Finance and Econometrics would be an advantage.
• Possession of relevant Professional qualification (e.g. ACCA, ACA, FRM, CFA etc.) would be an added advantage.
• 3 - 5 years cognate experience in similar functions such as Financial/Treasury Control, Asset and Liabilities Management, Risk Management, etc.
• Possess adequate knowledge of regulatory requirements in the Nigerian financial services Industry including Basel II requirements
• Demonstrate knowledge of ALM / Market risk management methodologies & procedures.
• Sound awareness! understanding of trends and recent developments In both the regulatory and supervisory environment of the banking industry.
• Solid track record in market risk management with significant risk experience built up in management roles in Treasury or Investment banking environment.
• Proven track record of delivery in contribution to enterprise risk management solutions delivery to business functions.

Remuneration
Very attractive and competitive remuneration packages and challenging prospects await the successful candidates.

Application Closing Date
25th January, 2022.

How to Apply
Interested and qualified candidates should send their Resume with a scanned passport-sized photograph to: [email protected] quoting the reference as the subject of the mail.

Note: All applications will be treated in confidence and only shortlisted candidates will be contacted.