Job Title: Market Risk Analyst
Organisation: Equity Bank Uganda
Duty Station: Kampala, Uganda
About Organisation:
Equity Bank Uganda Limited is one of the region’s leading banks whose purpose IS to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern, inclusive financial services that maximize their opportunities. With a strong footprint in Uganda, Kenya, Tanzania, Rwanda, Southern Sudan and DR Congo, Equity Bank is now home to more than 12 million customers, the largest customer base in the Eastern African Region.
Job Summary: The Market Risk Analyst shall support the business to establish and implement Middle Office Operational Controls and Market Risk practices that ensure compliance and Treasury efficiency. The role shall be guided by the market risk policy and the treasury policies and procedures manual and shall work closely with the Finance and Treasury departments.
Key Duties and Responsibilities:
- Conduct stress tests such as Liquidity, Foreign exchange, Credit and Interest rate to test the resilience against possible future financial situations.
- Monitor market trends and rates such as foreign exchange rates, lending rates, Central bank rates, and Treasury bills and Bonds yields and communicate to stakeholders through the Market yields report.
- Review the Bank wide Cash holding in branches and central vault to confirm that it is within both the Insurance and operating limits.
- Preparing the Monthly concentration risk report analysing the Top depositors and Borrowers both in foreign exchange and local currency as a percentage of total bank deposits and total loan book.
- Periodically review and update the liquidity contingency plan.
- Review and brief management on Central Bank reports and circulars that relate to treasury and financial performance rating of the bank.
- Conduct and facilitate annual reviews of Treasury policies and procedures such as the Treasury standard operating procedures, Market risk policy, Stress testing procedures.
- Monitor the cash reserve requirement to ensure that we comply with the statute while ensuring optimum liquidity management.
- Ensure that customers and counterparties are priced within the market rates, central bank rate band, for the various treasury products and interbank deals.
- Review deal confirmation process and interbank settlements to prevent non settlement and disputes.
- Generate and disseminate revaluation rates for maintenance by treasury back office team in the system.
- Prepare Market risk reports such as Monthly, Weekly and Daily reports and others as and when they may be required.
- Train and sensitise branches on treasury related risks and fraud.
- Review reconciliation items to establish reasons for outstanding treasury related items and also reconcile the core banking booked government securities with Central securities depository system.
- Develop and maintain clear set of market risk management principles through evaluation of the level of risk correlated to the treasury activities, determine and monitor a set of key risk indicators and promote their awareness within the treasury department.
- Revenue assurance to prevent income leakages and also ensure daily revaluation operations are carried out properly, reviewed for consistency, and escalate any relevant anomaly detected.
- Limit monitoring by ensuring limits such as counterparty, approval and dealer in the system meet the limits set out in the limits guidelines and daily reviewing of trading positions both Overnight and intraday.
- Support the preparation, coordination, and timely submission of ILAAP, ICAAP, Recovery Plan, and other regulatory risk management requirements by providing accurate market risk data and stress testing results.
Qualifications, Skills and Experience:
- Bachelor’s degree in a business or finance related field
- Minimum of 2 years’ proven experience in a treasury related environment.
- Experience working with risk-related models
- Professional certifications in Risk, Treasury, or Finance (e.g., FRM, ACI, CPA, ACCA) are an added advantage
- Knowledge of market risk metrics (VaR, PV01, EVE), stress testing, liquidity risk principles, and capital adequacy frameworks
- Excellent problem-solving skills with keen attention to detail
- Proficient in operating within ambiguous environments and adapting promptly to dynamic regulatory and market changes.
- Strong analytical and quantitative skills, capable of interpreting complex data and developing risk models
- Proficient in data analysis tools and Microsoft Excel
- Excellent written and verbal communication and presentation skills
How to Apply:
If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your job application cover letter along with a detailed resume, copies of the relevant certificates and testimonials in a single PDF file format, quoting the respective Job title or Ref no. in the subject field to [email protected]
Deadline: 26th July 2025
NB: Only short-listed candidates will be contacted. Equity Bank is an equal opportunity employer. We value the diversity of individuals, ideas, perspectives, insights and values, and what they bring to the workplace.
For more of the latest jobs, please visit https://www.theugandanjobline.com or find us on our facebook page https://www.facebook.com/UgandanJobline
Level of Education: Bachelor Degree
Work Hours: 8
Experience in Months: 24