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

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.