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Job Description

Job Title

Market Risk Officer

Reporting Line

Chief Risk Officer

Job Objective

Ensure timely and accurate development and submission of Market risk analysis and Balance Sheet reports to Management

Roles & Responsibilities

Extract data and monitor group positions
Responsible for periodic balance sheet stress testing
Responsible for contingency funding plan maintenance and testing, to ensure that there are contingencies for systemic crises e.g. liquidity issues
Monitor compliance with regulatory and internal limits
Produce daily market risk reports
Monitor proposed limits for indicators
Monitor external and market risk indicators
Collect market data and conduct statistical analysis
Conduct risk assessment on new trading products
Carry out P & L attribution analysis
Maintain valuation rates
Responsible for trading portfolio stress testing to see the impact of systemic variations on the bank’s position
Responsible for trading book risk reporting
Monitor commodity prices, exchange rates, interest rates and update the daily spot/monthly average prices database
Manage daily collateral placement with counterparties for derivative transactions
Monitors Key Risk indicators across the Subsidiary and produces relevant management reports

Key Performance Indicators

Timely delivery of standard analysis and reports
Responsiveness to information on changes in market trends
High internal and external customer satisfaction index
Good external risk rating
Compliance with internal and external policies and regulations

Job Requirements

Minimum of Bachelor’s Degree (MBA, MSC, MA, ML and/or Professional Qualifications compulsory)
Minimum of 4 – 7 years banking experience; minimum of 6 - 9 years non-banking but related experience
Key Competency Requirements
Broad knowledge of financial accounting with ability to analyze and interpret corporate financial statements
Good knowledge of risk assessment
Good knowledge of the Country’s economy and market dynamics
Good knowledge of the bank’s policies and procedures

Key Skills

Good analytical skills
Excellent writing skills
Good presentation skills
Good interpersonal skills
Strong team player and excellent organization skills
Strong attention to details and ability to work under pressure

Deadline

The deadline for applications will be on 12/05/2023. Note that only shortlisted candidates will be contacted.

Skills

Customer Satisfaction, Analytical Skill, Risk Assessment, Trading, Writing Skill, Ability To Work Under Pressure, Presentation Skill, Financial Statements, Attention To Detail, Writing Skills, Statistical Analysis, Interpersonal Skill, Compliance, Banking, Organization Skill, Excel, Trends, Interpersonal Skills, Strong Attention

About Company

United Bank for Africa (UBA) PLC is a leading pan-African financial services institution with a global footprint. We have a clear purpose to be a role model for African businesses by creating superior value for all our stakeholders.

UBA has a large footprint across the globe operating in 20 African countries: Republique du Benin, Burkina Faso, Cameroun, Congo Brazzaville, Congo DRC, Cote d'Ivoire, Gabon, Ghana, Guinea, Kenya, Liberia, Mali, Mozambique, Nigeria, Senegal, Sierra Leone, Tanzania, Tchad, Uganda, and Zambia. The Bank also operates in the United Kingdom, the United States of America, and with a presence in Paris.

Our Mission
To be a role model for African businesses by creating superior value for all our stakeholders, abiding by the utmost professional and ethical standards, and building an enduring institution.

Our Vision
To be the undisputed leading and dominant financial services institution in Africa.

Organizational Values
We take our corporate culture very seriously and take proactive steps to enshrine it in the hearts of our employees. Our corporate culture is defined by our core values. We do not just train our people to be the best in the job, we also offer encouragement, recognition, and rewards. UBA remains the ideal workplace to realize potential and enjoy career advancement.

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