Market & Liquidity Risk Officer Job at Optimus Bank

Optimus Bank is a digital-driven financial service platform built with a bold ambition of offering optimum banking experiences to millions of customers globally.

We are recruiting to fill the position below:

Job Position: Market & Liquidity Risk Officer

Job Location: Lagos
Job type: Full-time

Responsibilities

• Develop market and liquidity risk management policies.
• Monitor and ensure compliance with market risk limits (Foreign currency net open position, foreign currency borrowing position, trading limits, foreign currency counterparty/settlement limits and money market).
• Prepare daily mark to market reports and ensure timely delivery of reports to stakeholders.
• Ensure inherent market risks (Value at Risk, and Duration/Sensitivity Analysis) in all trading activities (FX, Bonds, T-Bills) are computed and communicated to stakeholders.
• Prepare liquidity reports and monitor to ensure compliance with both internal and regulatory limits.
• Prepare and monitor liquidity and interest rate risk gap analyses on the banking book.
• Develop risk management tools and models for evaluating, measuring & monitoring market & liquidity risks.
• Review and develop limits (Foreign Currency Placement limit, Foreign Currency Trading Position Limit, Dealers’ limit, Portfolio limits, and Stop Loss limits) to monitor all dealing room activities.
• Perform stress test analysis and market reviews on current happenings.
• Prepare all regulatory, management and board risk reports.
• Manage escalations of all exceptions and risk limits related issues.

Requirements
Education / Qualification:

• A Bachelor of either Finance, Business Administration, Economics, or any related field.

Experience:

• A minimum of 4 years of experience in the Market and Liquidity Risk field.

Skills / Competencies:

• Excellent attention to detail.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Broad understanding of global financial products, markets & regulations.
• Strong analytical and problem-solving skills.