United Bank for Africa (UBA) is currently recruiting suitably qualified and interested candidates for the position of Team Lead, Market Risk. Learn about the job requirements, and how to apply.
About UBA
At UBA, we strongly believe that our people are critical to our success in building a sustainable and dominant business in the countries we operate in, across Africa and beyond. We go to great lengths to source, attract, recruit, develop and retain the best talent, wherever they may be in the world. To this end, we are always striving to:
– Provide a non-threatening environment that encourages and rewards role-model performance.
– Help our workforce maintain a healthy balance between work and their personal lives amongst others.
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.
Knowledge & Skills Required
Basic accounting.
Understand banking operations.
Good grasp of balance sheet mapping.
Above-average database management abilities.
Highly numerate skills.
First Degree in any related discipline.
Minimum Educational Qualification
Others
Minimum years of work experience required
10 years
METHOD OF APPLICATION
Interested and
qualified applicants should follow the link below to submit CV and application
letter for the position of Team Lead,
Market Risk.
Application Deadline: Ends Friday, December 23rd, 2022
