Market Risk Analyst – 1post
Reporting to eh Risk Manager, the market Risk Analyst is responsible for the design and implementation of the Bank’s market risk management framework, S/he is responsible for maintaining Bank wide policies, and procedures concerning market risk management and controls, measurement methodologies, for the design and implementation of market risk-reporting systems and for developing strategies to identify, measure, monitor and control market risk
Ensuring that market risk policies and procedures a rein lace, adhered to at all times and are updated regularly, Reviewing annual treasury strategy and ensuring that core activities planned for the year are successfully implemented during the year, Identifying analysing and quantifying risks inherent in all instruments that are exposed to market risk, Monitoring compliance to limits and key rations, investigate non compliance and timely escalate to Risk Manager, Analysing and closely monitor the Bank’s liquidity and funding requirements, Reviewing the ICAAP document and actively take part in capital planning for the Bank, Performing regular Stress Testing and Scenario Analysis for the Bank, Implementing the internal market disclosure framework and ensure that all quarterly a, semi-annual and annual disclosers are timely done, reviewing completeness of Basel II schedule for market risk and liquidity risk, Timely submission of accurate ALCO pack and market risk reports
Very good understanding of financial markets and experience in analysing fixed income, interest rates and foreign exchange forward and swap contracts
Exceptional financial modelling and analytical skills, Strong MS Excel skills and ability to learn new systems quickly, Excellent communication coherently market risk issues to senior management within the Bank Ability to prioritise tasks and meet deadlines
If you meet the above minimum requirements and are interested in the job, please send your application and an updated CV with names of 3 traceable and reputable refs and your copies of certificates to the Head of Human Resources, NBS Bank Limited, P O Box 32251, Chichri, Blantyre 3, Or alternatively send or your application and CV to recruitment@nbsmw.com the closing date for receiving applications is 27th November Only shortlisted applicants will be acknowledged –www.nbsmw.com
