Phillips Consulting - Our Client is a leading diversified business conglomerate in Africa with a reputation for excellent business practices and product quality. As part of a remodeling exercise, Dangote is seeking to recruit astute and qualified candidates to fill vacancies for its new Corporate Centre.
Job Title: Head, Risk Analytics
Ref No: DGT-PCL-HRA
Location: Lagos, Nigeria
Job Responsibilities
- Development of methodologies for rating & scoring including decision analytics, portfolio modeling for all risk types across the group( VaR and economic capital – REGULATORY CAPITAL IS NOT CURRENTLY APPLICABLE)
- Development of exposure methodologies and the calibration & validation of the respective risk parameters
- Development and management of applications and tools for capital planning, stress testing, Raroc, portfolio optimization etc.)
- Development of new scoring methodologies and extended use of sophisticated statistical methods for credit risk ;Data analysis on defaulted customers and modeling of recoveries
- Analytical support of portfolio management units in the risk assessment of sub-portfolios
- Development and validation of expert rating models (rating sheets)
- Capital planning: extension and maintenance of planning tools; support of the annual group-wide capital planning process
- Risk adjusted return on capital (RaRoC) calculations: extension and maintenance of the RaRoC pricing/performance Tools RPT and Client RaRoC; regular RaRoC calculations
- Portfolio management tools: establishment of a risk appetite grid and a portfolio optimization framework
- Definition of integrated scenarios for financial (market and liquidity), credit, operational, business risk and develop the different approaches into one unified framework
- Identification of risk drivers and their stress impact
- Analysis of stress test results and communication with relevant stakeholders i.e. Business Units, Risk
- Management units, Finance (Treasury and Capital Management)
- Establishment of a reporting engine that allows ready and efficient result dissemination
Requirements
- Minimum Education: Master’s degree or higher in a strongly technical degree (e.g. Mathematics, Statistics, Physics, Computer Science, engineering).
- Minimum experience – 10 years working experience with a minimum of 5 years experience in financial mathematics, ideally in the field of statistics, probability or structured finance
- Experience working in an R&D or entrepreneurial environment, particularly on a development team
- Proficiency in MS Office suite (Excel, Word, PowerPoint, Access)
- At least one programming language: C, C++, Matlab, Java, Mathematica, SAS, VBA
- Strong understanding of Risk Management principles
Application Closing Date
11th March, 2014
Method of Application
Interested and qualified candidates should
Click here to apply online