Wema Bank Plc Job Recruitment 2024

Wema Bank Plc is a commercial bank that offers a range of retail and SME banking, corporate banking, treasury, trade services, and financial advisory to its ever-expanding clients.

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Applications are invited from interested and qualified candidates to apply for the Wema Bank Plc Job Recruitment 2024.

Job Title: Team Lead Market & Liquidity Risk

Job Specifications:

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

Job Description

To provides valuation services for fixed income instruments and derivatives on interest rates, foreign exchange, equity and credit for both internal and external clients.

Responsibilities

Support preparation of Market and liquidity risk policies, framework, and trading and balance sheet limit documents. Preparation of market and liquidity risk report on a daily, monthly, and quarterly to CRO, ALCO, MRC, and BRMC. Collateral management, margin calls and derivatives valuation Assist with ALCO secretariat functions. First level review of investment and treasury proposals Collate and review market and liquidity risk management stress testing report. Preparation of Basel reports – liquidity coverage ratio, net stable funding ratio, liquidity monitoring tools, interest rate risk in the banking book, Capital adequacy ratio etc. Preparation of CBN, external and any ad hoc reports and forward same to the Head, Market and Liquidity Risk Management for his review and approval for final circulation. Support the preparation of the notes to the annual accounts and all required audit schedules. Support the preparation of Internal Capital/Liquidity Adequacy Assessment Process (IC/LAAP). Performs any other task or duties as assigned by the Head, Market & Liquidity Risk Management

Qualifications and Requirements:

Requisite experience: 3 – 5 years market risk and/or treasury experience

Academic background: Bachelors in any of Banking and finance, Finance, Accounting, Economics, Statistics, mathematics, engineering, or any numerical field. MSc, MBA, CFA, FRM, ACA or any relevant professional certification is an added advantage.