Market Risk Officer at Ecobank Nigeria

Job Description

• Monitor, report and ensure compliance to existing and revised market risk management policies and procedures of the Bank by Business Units.
• Performing appropriate Stress testing and Scenario analysis on the Balance sheet to determine the effect of unusual large movements in market risk factors.
• Measurement of Net Interest Income (NII) sensitivity based on structure of the Bank's Repricing Gap.
• Preparation of accurate market risk reports for ALCO, Line Management, Group Market risk Manager while providing practical recommendations for a better management and improvement of balance sheet risks management.
• Provide a first line review of all limit requests, liquidity funding and contingency plans, and stress testing procedures.
• Analyze macro-economic trends. Define short, medium- and long-term economic perspectives (market risk factors) and simulate its downside risk on the Bank’s on and off-balance sheet positions.
• Conducting Factor Sensitivities (PV01) and Duration analysis on Trading portfolio.
• Ensure that all market risks are adequately addressed via limits/triggers to prevent unauthorized exposures and determine additional limits/triggers beyond/below minimum requirements where necessary.
• Work with Trading and Investment desks to support new business initiatives in line with the Board’s risk appetite and the Bank’s risk management policies.
• Implementing best practice mark to market models such as interpolation and extrapolation models amongst others.