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Job Title:  Market Risk Analyst  

Organisation: DFCU Bank

Duty Station:  Kampala, Uganda

Reports to: Head of Integrated Risk

About US:

DFCU Bank is a fast growing commercial bank offering a variety of innovative products and services. DFCU Limited was started by the Commonwealth Development Corporation (CDC) of the United Kingdom and the Government of Uganda through the Uganda Development Corporation (UDC) under the name of Development Finance Company of Uganda Limited. Later restructuring brought in DEG (of Germany) and International Finance Corporation (IFC) as equal partners with CDC and UDC, each having a 25% stake in the company. Its objective was to support long-term development projects whose financing needs and risk did not appeal to the then existing financial commercial lending institutions.

Job Summary:  Reporting to Head of Integrated Risk Management, the Market Risk Analyst is responsible for planning, managing, and monitoring the implementation of risk activities and processes in order to deliver on Market Risk oversight, Reporting and Risk Analysis in an effective and efficient manner.

Key Duties and Responsibilities:

• Timely submission of daily exposure reports, ensuring that reports are robust, efficient and accurate, with sufficient commentary necessary to guide management decision making.
• Periodically review processes and manuals within the Global Financial Markets and back office space and suggest improvements/ enhancements of controls.
• Formulation of product risk assessments and support to the Global Financial Markets by suggesting mitigating controls for new and existing products as well as complex trades.
• Enforce adherence to all Market Risk policies and standards as per the Market risk framework.
• Provide input for the Risk appetite statement with respect to Market Risk limits to improve market risk management.
• Investigate limit breaches and escalate them according to policy and furnish management with information needed to make decisions.
• Prepare monthly Market risk reports for the ALCO and RISCO reports as well as the Board.
• Provide input for the ICAAP as well Integrated stress testing with respect to Market Risk.
• Provide advice and expertise to assist business in optimising risk profiles.
• Review month end reconciliation of all Treasury suspense accounts, as well as Fixed income positions and follow through with appropriate action to resolve any outstanding issues.
• Support operational Risk in the Risk assurance reviews of Global Financial Markets as well as in the regular review of their risk registers and KCSAs.

Qualifications, Skills and Experience:

• The applicant for the DFCU Bank job must hold a First Degree in Finance, Accounting, Statistics, Economics from a recognized university.
• ACI Operations certificate is an added advantage.
• Four years’ experience in a busy financial institution, two of which must have been in a Treasury or Financial Markets field.
• In depth knowledge of treasury products and their life cycles and good exposure on Money market instruments, investment products, derivatives, and foreign exchange.
• Strong analytical and MS Excel skills.
• Self-motivated, organized, and able to manage multiple tasks.
• Team player, a ‘can-do’ attitude along with the ability to work under pressure and tight deadlines and solve problems.
• High standards of ethics and performance.
• Good aptitude for numbers and an eye for detail.

How to Apply:

If you believe you meet the requirements as noted above, please forward your application with a detailed CV including present position and copies of relevant professional/academic certificates (University Transcript, O & A level), to the email address indicated below;

Vacanciesbank@dfcugroup.com

Deadline: 10^th June 2022

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