Organisation: East
African Development Bank (EADB)
African Development Bank (EADB)
Duty Station: Uganda
Reports to: Manager Risk
and Compliance
and Compliance
About EADB:
The East African Development
Bank (EADB) is an international development finance institution, whose mandate
is to promote the sustainable economic development of East Africans.
Shareholders of the EADB are Uganda, Kenya, Tanzania, Rwanda, the African
Development Bank (AfDB), and other international financial institutions.
Bank (EADB) is an international development finance institution, whose mandate
is to promote the sustainable economic development of East Africans.
Shareholders of the EADB are Uganda, Kenya, Tanzania, Rwanda, the African
Development Bank (AfDB), and other international financial institutions.
Job Summary: The EADB Risk
Management Specialists will be responsible for improving Risk identification,
measurement, monitoring and control through setting appropriate Risk policies
and procedures, development of adequate Risk measurement models and providing
of Risk advice to management on new activities and projects. They will also be responsible for monitoring
Operational Risk arising out of handling market risks and financial Ratios.
Management Specialists will be responsible for improving Risk identification,
measurement, monitoring and control through setting appropriate Risk policies
and procedures, development of adequate Risk measurement models and providing
of Risk advice to management on new activities and projects. They will also be responsible for monitoring
Operational Risk arising out of handling market risks and financial Ratios.
Key Duties and Responsibilities:
1. Market Risk Related:
- Review
and formulate risk management policies and ensure that appropriate
systems, procedures, limits and guidelines are in place to implement those
policies so as to pre-empt and avert financial stresses and crises. - Establish
a comprehensive market risk framework, including market risk methodology - Interpret
market risk policies and ensure correct application. - Develop
and apply market risk assessment systems as they apply to DFIs. - Identify,
monitor and report market and counterparty risk exposures arising from
treasury investment and funding operations. - Provide
clear briefings of current events and issues to management. Perform ad-hoc analyses around the
business (including notable new transactions) in order to assist
management decision making - Regularly
engage in dialogue with unit heads around market risk appetite, risk
limits and individual large and complex transactions - Quantitatively
evaluate treasury risk positions (mark-to-market or mark-to-model)
including internally and externally managed investment portfolios,
derivative portfolios, structured bond issuance and related swap
transactions. - Promote
the application of advanced risk analytics to measure and monitor risk
exposures and enhance the methodology and process to reflect new market
development, risk policies, and technologies. - Monitor
changes of counterparties’ credit ratings, undertaking credit researches
and analyses and evaluating the valuation methodologies for credit risk. - Prepare
regular management reports on the performance of investment operations and
related attribution analysis and contribute to the formulation of
investment policy. - Assist
in the maintenance and implementation of analytical systems and reporting
requirements of market and treasury risk to enhance the timeliness and
accuracy of information to end-users. - Initiate
progress opportunities for process improvements; enhance accuracy and
completeness of market risk metrics, and advance cross-regional and
product analysis. - Compile
and produce report risk metrics (including Stress Testing, Historical
Simulation, VaR Analysis) - Work
on regulatory driven market risk exercises
2. Operational Risk Related
- Assist
in supervising the Back Office functions related to investment and funding
activities by ensuring a timely and accurate confirmation of Deposits and
swap transactions and a correct capturing of the trade terms and
conditions. - Monitor
prompt settlement of deals by Back Office with regard to receipt and payment
of funds contracted. - Follow
up on regular reconciliation of bank accounts to ensure no unauthorised
transaction has occurred.
3. Financial Aspects:
Conduct regular checks and
confirm to the management the correctness of application of rules and ratios
arrived in respect of the following: Liquidity Ratio, Capital Adequacy, Debt/Equity
Ratio, Translation Risk Revaluation and Other Financial Ratios
confirm to the management the correctness of application of rules and ratios
arrived in respect of the following: Liquidity Ratio, Capital Adequacy, Debt/Equity
Ratio, Translation Risk Revaluation and Other Financial Ratios
Perform any other duties as
assigned by Management.
assigned by Management.
Qualifications, Skills and Experience:
- The
applicant should possess a good Master’s and Bachelor’s degree qualification
in Risk Management or Finance (or equivalent) - Professional
qualification such as CFA will be an added advantage. - Demonstrably
numerate - Extensive
knowledge of financial markets, preferably in credit and interest rates
(including derivatives). Broad
interest in markets essential - Good
knowledge and understanding of risk sensitivities and P&L drivers - Have
a good understanding of the fundamentals of trading. - Excellent
technical skills (Risk methodology/Products/Systems) - Have
good programming abilities and knowledge of MS Excel (with VBA preferred) - Strong
analytical & quantitative skills, experience and working knowledge in
statistics - Excellent
written and spoken communication skills - Exceptional
analytical skills - Proactive
and able to work independently - Possess
the ability to manage own workload - Lateral
thinker and commitment to getting things done - Detail
focused and Strong team player
How to Apply:
If you are a national of one of
the EADB member states and your career aspirations match the aforementioned job
role, please send your application via email, quoting the position on the
subject of the email or cover letter.
The cover letter should specify your suitability for the position that
you are applying for and the detailed CV should highlight relevant experience,
details of current and expected salary, a day time phone contact, email
address, and the names and telephone contacts of three professional referees.
the EADB member states and your career aspirations match the aforementioned job
role, please send your application via email, quoting the position on the
subject of the email or cover letter.
The cover letter should specify your suitability for the position that
you are applying for and the detailed CV should highlight relevant experience,
details of current and expected salary, a day time phone contact, email
address, and the names and telephone contacts of three professional referees.
The applications should be addressed
to:.
to:.
Adept Systems,
Management Consultants,
P O Box 6416, Nairobi, GPO
00100
00100
Deadline: Wednesday 21 May 2014
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