Team Lead, Market Risk at United Bank for Africa Plc (UBA)

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Full Time Jobs

Nigeria

Posted 3 years ago

We are recruiting to fill the position below:

Job Title: Team Lead, Market Risk

Location: Nigeria

Job Objective(s)

Measurement, monitoring and controlling of the market risks to which the Group is exposed.
Implement consistent Market Risk Management policies and procedures across the Group.
Minimize Position and Trading Losses.
Achieve high levels of Customer Satisfaction.

Duties & Responsibilities

Scanning financial markets for relevant data to positions held by the bank, both financial and regulatory.
Collection of internal data for the head office and subsidiaries through the Bank’s operating systems.
Data collection from various market intelligence reports that impacts the Bank’s position.
Collection of bank data to identify the Bank’s market positions.
Collection of market data with reference to the various positions in order to be able to make comparisons.
Preparation of daily reports which show the position of the Bank, highlighting areas of concern and areas requiring improvement.
Monitoring of set limits for compliance for the bank.
Circulation of reports to concerned parties and escalation of issues where the need arises.
Preparation of Other Market Risk Reports.
Preparation of revaluation report for both the Held for Trading and Available for Sale portfolio of the Bank.
Preparation of Value-at-Risk Reports for the bank.
Preparation of Sensitivity Analysis for Fixed Income and Foreign Exchange portfolios – bank.
Monitoring of deals consummated by Treasury.
Preparation of Derivatives Valuation Report for the bank
Preparation of other trading Market Risk report.
Provide support in the preparation of GALCO Reports – bank.
Provide support in the preparation of the Group Risk Management Report – bank.
Provide support in the preparation of Market Risk Snapshots for the Chairman – bank.
Provide support in the Preparation of Board Reports – bank.