Fresh Job Vacancy at Polaris Bank Limited

Polaris Bank is one of the largest banks in Nigeria with more than 350 branches across the country. It also operates in Sierra Leone, Liberia, Angola was established by the Central Bank of Nigeria (CBN) on September 21, 2018 to offer commercial banking services to the Nigerian public.

or Follow us on WhatsApp Channel

Polaris Bank is in search of passionate, result-oriented candidates willing to work in our plus 300 branches within Nigeria to build a banking career.

Applications are invited from interested and qualified candidates to apply for Job Vacancies at Polaris Bank Limited.

Market Risk Specialist

Job Specifications:

  • Full Time
  • Required Qualifications: BA/BSC/HND
  • Location: Lagos | Nigeria.

SEE ALSO: Job Vacancy at Polaris Bank Limited

Job Description:


  • We are seeking a highly motivated and experienced Market Risk Specialist to join our dynamic Risk Management team.
  • The ideal candidate will possess a strong understanding of market risk principles and experience in applying quantitative modeling techniques to assess and manage various market risk exposures.
  • They will play a critical role in ensuring the bank’s compliance with regulatory capital requirements and contribute to the development and implementation of effective risk management strategies.

Key Responsibilities:

Risk Monitoring and Analysis:

  • Monitor and analyze market risk exposures, including interest rate risk, foreign exchange risk, and commodity price risk.
  • Conduct regular stress testing and scenario analysis to identify potential vulnerabilities and assess the impact on the bank’s portfolio.

Reporting and Communication:

  • Prepare and present comprehensive market risk reports to senior management and relevant stakeholders.
  • Communicate key risk metrics and trends effectively, providing insights that support decision-making processes.

Risk Modeling:

  • Develop and enhance market risk models to accurately measure and predict potential risks.
  • Ensure compliance with regulatory requirements by staying abreast of industry best practices and regulatory changes.

Policy and Procedure Compliance:

  • Ensure adherence to internal risk policies, procedures, and regulatory guidelines.
  • Collaborate with other departments to implement risk management best practices across the organization.


  • Work closely with traders, portfolio managers, and other relevant teams to understand business strategies and identify emerging risks.
  • Provide risk expertise and support in the development and implementation of new financial products.

Continuous Improvement:

  • Identify opportunities for process improvement within the market risk function.
  • Contribute to the development and enhancement of risk management tools and methodologies.

SEE ALSO: Job Vacancies at Petrogap Oil and Gas Limited

Qualifications and Requirements:

  • Bachelor’s degree in Finance, Economics, Mathematics, or a related field.
  • 4-6 years of experience in market risk management within the banking or financial services industry.
  • Solid understanding of financial instruments, derivatives, and risk measurement techniques.
  • Familiarity with relevant regulatory requirements and industry standards.
  • Strong analytical and quantitative skills, with proficiency in risk modeling and statistical analysis.
  • Excellent communication and presentation skills.
  • Relevant professional certifications (e.g., FRM, CFA) will be an added advantage.


  • Competitive salary and benefits package.
  • Opportunity to work with a team of experienced and dedicated professionals.
  • Chance to make a significant impact on a leading Nigerian bank’s risk management practices.
  • Professional development and training opportunities.
  • Work in a dynamic and fast-paced environment.


Join WhatsApp Groups

Join any of these WhatsApp Groups to receive more jobs and other opportunities

You can also Join our Telegram Group here.

> Check your mailbox or spam to confirm.

DISCLAIMER: Do not pay or release sensitive financial details to any organizer/recruiter unless futher verified from your end.

Deadline: Not Specified

Recommended For You

Got a question/Suggestion? Let's talk!