Overview

Wema Bank Plc – Widely reputed as the longest surviving and most resilient indigenous bank in Nigeria, Wema Bank Plc has over the years, diligently offered a fully-fledged range of value-adding banking and financial advisory services to the Nigerian public.

Job Position: Team Lead, Market & Liquidity Risk

Job Location: Lagos

Job Description

  1. To provides valuation services for fixed income instruments and derivatives on interest rates, foreign exchange, equity and credit for both internal and external clients.
  2. Responsibilities
  3. Support preparation of Market and liquidity risk policies, framework, and trading and balance sheet limit documents.
  4. Preparation of market and liquidity risk report on a daily, monthly, and quarterly to CRO, ALCO, MRC, and BRMC.
  5. Collateral management, margin calls and derivatives valuation
  6. Assist with ALCO secretariat functions.
  7. First level review of investment and treasury proposals
  8. Collaborate and review market and liquidity risk management stress testing report.
  9. Preparation of Basel reports – liquidity coverage ratio, net stable funding ratio, liquidity monitoring tools, interest rate risk in the banking book, Capital adequacy ratio etc.
  10. Preparation of CBN, external and any ad hoc reports and forward same to the Head, Market and Liquidity Risk Management for his review and approval for final circulation.
  11. Support the preparation of the notes to the annual accounts and all required audit schedules.
  12. Support the preparation of Internal Capital/Liquidity Adequacy Assessment Process (IC/LAAP).
  13. Performs any other task or duties as assigned by the Head, Market & Liquidity Risk Management.

Job Requirements

  • Bachelor’s Degree in any of Banking and Finance, Finance, Accounting, Economics, Statistics, Mathematics, Engineering, or any numerical field.
  • M.Sc, MBA, CFA, FRM, ACA or any relevant professional certification is an added advantage.
  • 3 – 5 years market risk and/or treasury experience.

Benefits

  1. Healthcare
  2. Staff Gym
  3. Creche
  4. Parental Leave (Paternity and Maternity)
  5. Year-End Bonus (13th month)
  6. Company Events
  7. Competitive Pay
  8. Leave Allowance.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Tagged as: Banking, Finance, Legal

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