Market Risk Officer at Development Bank of Rwanda(BRD):(Deadline:31-05-2022)

1. Background Information

Job Title: Market Risk Officer

Current Grade: JG 6

Department: Risk

Reports to: Risk Manager

Direct Report: N/A

Indirect Reports: N/A

2. Contract Terms – Open Ended

3. Purpose of the Job

To Identify, assess/measure, monitor and report to the line manager the Bank’s exposures to market risk

4. Main Responsibilities of the Job

• Work as a key resource in assisting with the management of the market risk control function in the pursuit of its targets.
• Develop market risk management framework, policies and procedures and ensure their adherence by business lines.
• Collate relevant data and prepare market risk reports to ALCO and other bank’s committees as may be required from time to time
• Identify, measure and treat emerging market risks
• Take ownership of key responsibilities and be a problem solver.
• Prepare market risk components related to ICAAP and ILAAP
• Support the line manager in managing market risk and ensure exposures to market risk do not threaten the bank’s capital adequacy
• Ensure detailed understanding of all P&L and risk drivers.
• Review processes for the quality control of market data captured by
  the core banking system.
• Respond to ad hoc requests from the business, risk management or regulators.

5. Working relationships 

• All departments

6. Professional, academic qualifications and experience

• Experience of at least 5 years in similar function in the Market risk function
• Degree in Economics, Finance, Management, Mathematics or similar field.
• Fluency in English, with excellent oral and written communication skills.
• Proficiency in Excel to maintain, improve and develop reporting tools.

7. Core competencies

• Good understanding of Market Risk concepts and metrics (VaR, EVE/NII, scenario
  analysis, risk Scenario and sensitivity analysis etc.), and governance frameworks.
• knowledge of Capital Market activities and main instruments
• Ability to manipulate, analyze, summarize, and present data/results
• Strong quantitative, analytical, and problem-solving skills
• The ideal candidate is curious, detail-oriented, self-starter and communicates easily
  and openly.
• Strong work ethics and commitment
• Good interpersonal communication skills and ability to work as a team.
• Able to demonstrate a personal commitment to taking ownership and following up
• Experience with a Development Financial Institution is an added advantage