Summary
Date Posted: Monday, May 23, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Market Risk Officer 
Background Information
Department: Risk
Reports to: Risk Manager
Direct Report: N/A Indirect Reports: N/A
Contract Terms – Open Ended

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

Working relationships
• All departments
• 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.

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

Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

Job application procedure
Interested candidate should apply online (https://www.brd.rw/careers/  ) and upload application documents including Curriculum Vitae, copies of degree certificates and professional certificates, motivation letter, names of three previous supervisors (as one document) as well as their emails and telephone.
Only online applications shall be considered.
Email only for inquiries (not application): recruitment@brd.rw 
Address all applications to the Head, Human Capital and Corporate Services of the Development Bank of Rwanda.
Deadline for application: Tuesday 31st May 2022
The employment package is highly competitive/attractive.
Due to expected high volume of applications, ONLY shortlisted applicants will be contacted.

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