Jobs at The Development Bank of Nigeria (DBN)

The Research Officer will be part of the Office of the Chief Economist team and will report to the Chief Economist. S/he will be responsible for conducting research, reviewing articles submitted to the Bank thereby providing insights and up to date content for the Banks intellectual materials and newsletters. S/he will support on sustainability reporting as well as M&E reporting.

Responsibilities

• Provide support in the identification of market demand and market opportunity to contribute to the growth of the institution
• Assist in preparing presentations and speaking notes as required.
• Contribute to original articles in the working paper series of the Bank.
• Collaborates in the preparation of quarterly technical reports
• Assist in the maintenance of research database and intellectual materials of the bank.
• Analyze and resolve research issues in a timely and accurate manner.
• Support on an ad-hoc basis M&E analysis and reporting.
• Support on an ad-hoc basis for Sustainability activities
• Conduct regular market survey/competitive analysis of the industry.

Qualifications

• Bachelor’s degree in Business or Social Science or equivalent. A master’s degree is a plus
• Preferably have 1 – 5 years’ experience in banking or/and microfinance sector
• Experience in field research, data collection and analysis and report writing
• Good at research methodology & procedure
• Good command in English
• Be able to communicate well with all staff, local communities, and authority
• Ability to perform task with minimum supervision
• High motivation, initiative, willing and able to travel
• Good computer literacy (MS Office, SPSS, Stata, or other analysis applications)

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Responsibilities

Efficient risk management

• Provide support in the implementation of the Bank’s Enterprise Risk Management Framework, Risk Appetite Framework, Operational Risk Framework, Reputational Risk Framework, FX Policy, Capital Management & Stress Testing and Bael III Implementation.
• Review the above Frameworks as at when required and developing new risk frameworks to address emerging risk issues.
• Engagement of various stakeholders to set and communicate appropriate risk appetites/ tolerances.
• Provide risk advisory services to various departments in the effective management of risks arising from the Bank's policies, activities and initiatives.
• Monitor appropriate risk indicators and triggers for the Bank
• Participate in the identification, assessment, treatment, monitoring and reporting of risks across the Bank.
• Set risk exposure limits in collaboration with relevant stakeholders.
• Participate in the periodic review of the Bank’s Investment Policy, Assets and Liability Management Policy (ALM) in collaboration with relevant stakeholders
• Conduct periodic (quarterly and semi-annually) stress test on various risk metrics and indicator and recommend appropriate measures to mitigate the observed vulnerabilities.
• Oversee the management and reporting of risk events on the Bank’s counterparties.
• Prepare MRC and ALCO reports.
• Ensure that agreed resolutions from the MRC and ALCO meetings are implemented.
• Provide support in Developing risk models for Pillar I & II Capital Charge which will serve as inputs into the ICAAP.
• Monitor the media for negative mentions of the Bank.

Operational risk assessment and capacity building

• Identification and independent monitoring of enterprise-wide view of known and emerging risks in the Bank.
• Work with risk owners and all stakeholders in the development and update of the risk register
• Work with departments in developing Control Risk Self-Assessment (CRSA) and development Key Risk Indicators (KRIs) for all departments and monitoring of the set KRIs.
• Implementation of Business Continuity Plan (BCP); including coordinate the regular BCP test and follow-up on the remediation of the observed gaps.
• Work with relevant stakeholders in the implementation of the ISO certification.
• Monitor the risk exposure of the subsidiary (Impact Credit Guarantee Ltd) and ensure risk exposure of the company are within the Bank`s risk appetite
• Analysis of incidence reports and proposing mitigants for the identified risks

Market and Liquidity risk management

• Identification, measurement, analysis, monitoring and reporting of market, liquidity and FX risk exposures of the Bank.
• Review of the Bank’s Market (IRRBB) and liquidity Risk Policy to identify gaps and areas for improvements
• Monitor and report compliance with the Bank Market (IRRBB) and liquidity Risk appetite (standards, limits) and risk tolerance.
• Support the ALCO and MCRC secretariats
• Monitor compliance with counterparty placement limits
• Render regulatory returns to the CBN.

Financial Risk Management

• Formulate and periodically review the asset liability management (ALM) policies, liquidity policies and guidelines for the Bank
• Update the Bank’s Capital Management and Stress Testing framework
• Prepare the Bank’s annual market risk review, providing a monitoring report to the Board on currency, interest rate, liquidity and counterparty risks
• Prepare monthly reports on currency and interest rate risks, as well as quarterly reports on financial projections, liquidity risk and debt allocation.

Qualifications

• Bachelor’s degree in Accounting, Banking & Finance, Economics, Business Administration or any social sciences related discipline.
• Post graduate degree in a business-related field or management is an added advantage.
• Membership of any recognized professional certification such as RIMAN, PRMIA, GARP, IRM or any related certification is required.
• Minimum of 3 years of experience in Banking or Financial risk in a related field is required.

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The Treasury & Investment Officer is to support treasury function to always ensure efficient and seamless services. The Treasury & Investment Officer reports directly to Head, Treasury & Investments.

Responsibilities

• Engages Participating Financial Institutions (PFIs) to receive Securities as Collaterals for loan disbursements. This includes valuation of the securities, switches and rollovers when necessary.
• Responsible for funding activities.
• Engages in treasury bills investments.
• Engages Operations department and obtain pipeline loans for treasury planning purposes.
• Reviews of transactions with banks to identify reconciliation issues for resolution.
• Follows up with commercial banks and obtain all contract letters.
• Capturing of treasury transactions on Eazybank
• Prepares Treasury reports based on market developments to position DBN’s portfolio in a profitable manner.
• Ensures documentation of all treasury activities.
• Engages and responds to requests relating to Treasury from different departments and units of the bank.
• Participates in audit confirmation of account balances and securities positions as requested by commercial banks, Microfinance Banks and Audit Department.
• Ensures compliance with statutory and internal policies.
• Nurtures and maintains relationships with relevant key stakeholders.
• Performs other duties assigned from time to time.
• Complies with the principles of the Information Security Policy of the bank.
• Performs other tasks such as arranging meetings with commercial banks and other stakeholders on treasury related issues.
• Works closely with Head, Treasury and investments to ensure effective treasury services for the bank.
• Follows up on requests and issues addressed to Treasury and ensures timely feedback is provided or the issues are resolved.
• Handles treasury assignments expeditiously, proactively, and follows-through to successful completion, often with deadline pressures.
• Provides a link between treasury and other stakeholders to build relationship crucial to the success of DBN.
• Communicates on behalf of the Head, Treasury and Investments with internal and external stakeholders, on various matters as may be directed by Head, Treasury and investments.
• Proactively and reactively handle ad hoc requests for treasury unit.

Qualifications

• A good first degree in Social / Management Sciences or any related discipline.
• A post-graduate degree in a management related field is an added advantage.
• Membership of ACI, ACIB, ICAN, ACCA, CFA, CPA or any other related certifications is an added advantage.
• Minimum of 3 years cognate experience in a similar role is required.