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Job Title:       Market Risk Analyst

Organisation: Stanbic
Bank

Duty Station: 
Kampala, Uganda

About US:

Stanbic Bank Uganda
Limited is a subsidiary of Stanbic Africa Holdings Limited which is in turn
owned by Standard Bank Group Limited (“the Group”), Africa’s leading banking
and financial services group. The Standard Bank Group is the leading banking
group focused on emerging markets. It is the largest African banking group
ranked by assets and earnings. Stanbic Bank Uganda Limited is the largest bank
in Uganda by assets and market capitalization. It offers a full range of
banking services through two business units; Personal and Business Banking
(PBB), and Corporate and Investment Banking (CIB).

Job Summary:  The Market Risk Analyst is responsible for the
management and oversight of all market risk arising within the Global Markets
business. Market risk arises in both the banking books (interest rate risk) and
trading books.

Key Duties and Responsibilities: 

• The AR Market Risk analyst will play a role in shaping the function,
  delivering on ‘change the bank’ (CTB) initiatives and for running it in
  ‘business as usual’
• Daily market risk reporting, analysis and commentary including
  weekly review of back-testing failures. This includes VaR measurement, VaR
  proxy decisions, collating of historic data, discussion of risk positions
  and changes with traders, reviewing of limits based on liquidity, design
  and implementation of appropriate market risk reports, reporting to ALCO,
  regulatory market risk capital and economic capital reporting.
• Ensuring accuracy and appropriateness of the valuation models and
  liaise with Market Risk Hub and model validation teams for assistance on
  quantitative matters.
• Limits and trigger monitoring
• Profit & Loss attribution analysis, provision reporting, price
  verification and liaison with finance on reconciliation of reported
  results
• Reviewing and stress testing the bank’s risk profile to ensure that
  businesses are within allocated limits
• Review and research of economic indicators and discussion of
  positioning ahead of possible market moves to maximise/minimise
  risk-reward
• Preparation of risk reports and presentations for tabling at Country
  ALCO
• Support the bank’s New Product Development Process by participating
  in the ‘New Product roll-outs’
• Providing change management and implementation of appropriate
  controls.
• Provide back-up role for the market risk function in another country
  in the AR region.

Qualifications, Skills and Experience: 

• The ideal candidate for the Stanbic Bank Market Risk Analyst job
  should hold a B.Com degree and/or Quantitative degree
• Two to three years of work experience
• Exposure to treasury/derivative products, project management and
  IT.  An understanding of the
  objectives and operations of Market Risk Department would be an advantage
• Understand the treasury processes (front office, middle office, back
  office, risk) associated with treasury/derivative products
• Proficiency in using Microsoft Office
• Microsoft Excel VBA will be added advantage
• Strong analytical and financial skills
• An appreciation and a good understanding of macroeconomics and
  external factors affecting the business strategies adopted, and market
  serviced by the Bank.
• A self-starter who is action orientated with energy and drive
• Highly organised and decisive with the ability to escalate issues,
  where appropriate, to the Regional Head of Market Risk
• Strong command of English language.
• Have a flexible approach, independent minded, tough yet balanced
  decision maker, calm under pressure with the ability to prioritise and delegate
• Ability to multi task, network and to be able to communicate with
  people at different levels
• Be focused on delivery and results, and able to work to deadlines
• Ability to be analytical and to solve problems
• Ability to plan tasks and to monitor progress and quality of output
• Ability to co-ordinate tasks and people and to be able to work
  individually or to work in a team
• Be assertive, proactive, play a leadership role when necessary
• Strong operational thinker with strong implementation skills
• Team player

How to Apply:

All candidates who
wish to join the one of Africa’s biggest Banking Groups, Standard Bank in the
aforementioned capacity are encouraged to Apply Online by visiting Link below.

Click
Here

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