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Uganda jobs at East African
Development Bank - Uganda, Jobs in Uganda,
Position Title: Risk Management Specialists (Several Career Opportunities)
Reports to: Manager Risk and Compliance
Organization:The East African Development Bank (EADB),Jobs Vacancy in Uganda,
Primary Location:Uganda
Job Type : Full-time Employment
Brief Company Profile:
The East African Development Bank (EADB) is an international development
finance institution, whose
mandate is to promote the sustainable economic
development of East Africans. Shareholders of the EADB are Uganda, Kenya,
Tanzania, Rwanda, the African Development Bank (AfDB), and other international
financial institutions.
Job Summary:
The EADB Risk Management Specialists will be responsible for improving Risk
identification, measurement, monitoring and control through setting appropriate
Risk policies and procedures, development of adequate Risk measurement models
and providing of Risk advice to management on new activities and projects. They will also be responsible for monitoring
Operational Risk arising out of handling market risks and financial Ratios.
Key Duties and Responsibilities:
1. Market Risk Related:
·
Review and formulate risk
management policies and ensure that appropriate systems, procedures, limits and
guidelines are in place to implement those policies so as to pre-empt and avert
financial stresses and crises.
·
Establish a comprehensive market
risk framework, including market risk methodology
·
Interpret market risk policies
and ensure correct application.
·
Develop and apply market risk
assessment systems as they apply to DFIs.
·
Identify, monitor and report
market and counterparty risk exposures arising from treasury investment and
funding operations.
·
Provide clear briefings of
current events and issues to management.
Perform ad-hoc analyses around the business (including notable new transactions)
in order to assist management decision making
·
Regularly engage in dialogue with
unit heads around market risk appetite, risk limits and individual large and
complex transactions
·
Quantitatively evaluate treasury
risk positions (mark-to-market or mark-to-model) including internally and
externally managed investment portfolios, derivative portfolios, structured
bond issuance and related swap transactions.
·
Promote the application of
advanced risk analytics to measure and monitor risk exposures and enhance the
methodology and process to reflect new market development, risk policies, and
technologies.
·
Monitor changes of
counterparties’ credit ratings, undertaking credit researches and analyses and
evaluating the valuation methodologies for credit risk.
·
Prepare regular management
reports on the performance of investment operations and related attribution
analysis and contribute to the formulation of investment policy.
·
Assist in the maintenance and
implementation of analytical systems and reporting requirements of market and
treasury risk to enhance the timeliness and accuracy of information to
end-users.
·
Initiate progress opportunities
for process improvements; enhance accuracy and completeness of market risk
metrics, and advance cross-regional and product analysis.
·
Compile and produce report risk
metrics (including Stress Testing, Historical Simulation, VaR Analysis)
·
Work on regulatory driven market
risk exercises
2. Operational Risk Related
·
Assist in supervising the Back
Office functions related to investment and funding activities by ensuring a
timely and accurate confirmation of Deposits and swap transactions and a
correct capturing of the trade terms and conditions.
·
Monitor prompt settlement of
deals by Back Office with regard to receipt and payment of funds contracted.
·
Follow up on regular
reconciliation of bank accounts to ensure no unauthorised transaction has
occurred.
3. Financial Aspects:
Conduct regular checks and confirm to the management the correctness of
application of rules and ratios arrived in respect of the following: Liquidity
Ratio, Capital Adequacy, Debt/Equity Ratio, Translation Risk Revaluation and
Other Financial Ratios
Perform any other duties as assigned by Management.
Qualifications, Skills and Experience:
·
The applicant should possess a
good Master’s and Bachelor’s degree qualification in Risk Management or Finance
(or equivalent)
·
Professional qualification such
as CFA will be an added advantage.
·
Demonstrably numerate
·
Extensive knowledge of financial
markets, preferably in credit and interest rates (including derivatives). Broad interest in markets essential
·
Good knowledge and understanding
of risk sensitivities and P&L drivers
·
Have a good understanding of the
fundamentals of trading.
·
Excellent technical skills (Risk
methodology/Products/Systems)
·
Have good programming abilities
and knowledge of MS Excel (with VBA preferred)
·
Strong analytical &
quantitative skills, experience and working knowledge in statistics
·
Excellent written and spoken
communication skills
·
Exceptional analytical skills
·
Proactive and able to work
independently
·
Possess the ability to manage own
workload
·
Lateral thinker and commitment to
getting things done
·
Detail focused and Strong team
player
Mode of Application:
If you are a national of one of the EADB member states and your career
aspirations match the aforementioned job role, please send your application via
email, quoting the position on the subject of the email or cover letter.
The cover letter should specify your
suitability for the position that you are applying for and the detailed CV
should highlight relevant experience, details of current and expected salary, a
day time phone contact, email address, and the names and telephone contacts of
three professional referees.
The applications should be addressed to:.
Adept Systems,
Management Consultants,
P O Box 6416, Nairobi, GPO 00100
Email: recruit@adeptsystems.co.ke
Closing date: Wednesday 21 May 2014
