Team Lead, Market & Liquidity Risk Job at Wema Bank Plc

Full Time
Lagos
Posted 4 months ago
Applications have closed
Wema Bank Plc profile

Wema Bank Plc

Wema Bank Plc – Widely reputed as the longest surviving and most resilient indigenous bank in Nigeria, Wema Bank Plc has over the years, diligently offered a fully-fledged range of value-adding banking and financial advisory services to the Nigerian public.

We are recruiting to fill the position below:

Job Title: Team Lead, Market & Liquidity Risk

Location: Lagos
Employment Type: Full-time

Job Summary

To provides valuation services for fixed income instruments and derivatives on interest rates, foreign exchange, equity and credit for both internal and external clients.
Responsibilities
Support preparation of Market and liquidity risk policies, framework, and trading and balance sheet limit documents.
Preparation of market and liquidity risk report on a daily, monthly, and quarterly to CRO, ALCO, MRC, and BRMC.
Collateral management, margin calls and derivatives valuation
Assist with ALCO secretariat functions.
First level review of investment and treasury proposals
Collaborate and review market and liquidity risk management stress testing report.
Preparation of Basel reports – liquidity coverage ratio, net stable funding ratio, liquidity monitoring tools, interest rate risk in the banking book, Capital adequacy ratio etc.
Preparation of CBN, external and any ad hoc reports and forward same to the Head, Market and Liquidity Risk Management for his review and approval for final circulation.
Support the preparation of the notes to the annual accounts and all required audit schedules.
Support the preparation of Internal Capital/Liquidity Adequacy Assessment Process (IC/LAAP).
Performs any other task or duties as assigned by the Head, Market & Liquidity Risk Management.

Requirements

Bachelor’s Degree in any of Banking and Finance, Finance, Accounting, Economics, Statistics, Mathematics, Engineering, or any numerical field.
M.Sc, MBA, CFA, FRM, ACA or any relevant professional certification is an added advantage.
3 – 5 years market risk and/or treasury experience.

Benefits