Team Lead, Market & Liquidity Risk at Wema Bank Plc

Wema Bank Plc - Widely reputed as the longest surviving and most resilient indigenous bank in Nigeria, Wema Bank Plc has over the years, diligently offered a fully-fledged range of value-adding banking and financial advisory services to the Nigerian public.

We are recruiting to fill the position below:

Job Title: Team Lead, Market & Liquidity Risk

Location: Lagos
Employment Type: Full-time

Job Summary

• To provides valuation services for fixed income instruments and derivatives on interest rates, foreign exchange, equity and credit for both internal and external clients.
• Responsibilities
• Support preparation of Market and liquidity risk policies, framework, and trading and balance sheet limit documents.
• Preparation of market and liquidity risk report on a daily, monthly, and quarterly to CRO, ALCO, MRC, and BRMC.
• Collateral management, margin calls and derivatives valuation
• Assist with ALCO secretariat functions.
• First level review of investment and treasury proposals
• Collaborate and review market and liquidity risk management stress testing report.
• Preparation of Basel reports – liquidity coverage ratio, net stable funding ratio, liquidity monitoring tools, interest rate risk in the banking book, Capital adequacy ratio etc.
• Preparation of CBN, external and any ad hoc reports and forward same to the Head, Market and Liquidity Risk Management for his review and approval for final circulation.
• Support the preparation of the notes to the annual accounts and all required audit schedules.
• Support the preparation of Internal Capital/Liquidity Adequacy Assessment Process (IC/LAAP).
• Performs any other task or duties as assigned by the Head, Market & Liquidity Risk Management.

Requirements

• Bachelor's Degree in any of Banking and Finance, Finance, Accounting, Economics, Statistics, Mathematics, Engineering, or any numerical field.
• M.Sc, MBA, CFA, FRM, ACA or any relevant professional certification is an added advantage.
• 3 - 5 years market risk and/or treasury experience.

Benefits

• Healthcare
• Staff Gym
• Creche
• Parental Leave (Paternity and Maternity)
• Year-End Bonus (13th month)
• Company Events
• Competitive Pay
• Leave Allowance.

Application Closing Date
Not Specified.