Recruitment, apply for Ecobank Recruitment 2023 Below
Gatekeepers News reports that Ecobank Transnational Incorporated (ETI), a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS).
Ecobank is recruiting to fill the positions below:
Market Risk Officer
Job Specifications:
Full Time
Required Qualifications: BA/BSC/HND
Location: Lagos | 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.
Qualifications and Requirements:
- Should possess B.Sc/HND in related fields.
Deadline: August 29, 2023
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