Team Lead, Trading Market Risk Management & Reporting at United Bank for Africa Plc (UBA)

Job Title: Team Lead, Trading Market Risk Management & Reporting | | United Bank for Africa Plc (UBA) | Location: Nigeria
Job Type: Full-time

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Job Profile

  • We are looking to hire a talented and experienced individual for Trading Market Risk
  • The ideal candidate must have 3-7 years’ experience in Market Risk function preferably in a Bank and with at least 2 years leading a team in same function.

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.
  • 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 impact on the Bank’s positon.
  • 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 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 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.

Minimum Education Qualifications

  • Minimum of a B.Sc. in Accounting, Economics, Computer Science or other Numerical related disciplines.

Previous Work Experience Requirements:

  • 3 – 7 years in banking, accounting firm or computer logistics company

Skills Required:

  • Above average database management abilities.
  • Highly numerate

Knowledge

  • Basic accounting
  • Understand banking operations.
  • Good grasp of balance sheet mapping.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their updated CV to: [email protected] using the Job Title as the subject of the email.