Join us at Polaris Bank Limited, a vibrant Tier II Nigerian bank fueled by innovation and owned by Strategic Capital Investment Limited (SCIL). Embrace a career where you’ll be at the forefront of shaping risk management practices in the heart of Victoria Island, Lagos.
Position: Market Risk Specialist
Location: Victoria Island, Lagos
About the Role:
Are you a passionate Market Risk Specialist? We’re on the lookout for someone like you to join our dynamic Risk Management team. Your expertise will be pivotal in ensuring regulatory compliance, developing effective risk management strategies, and contributing to the bank’s success.
Responsibilities:
Risk Monitoring and Analysis:
Dive into market risk exposures, from interest rates to foreign exchange and commodity prices.
Conduct insightful stress testing and scenario analysis to fortify the bank’s portfolio.
Reporting and Communication:
Craft comprehensive market risk reports for senior management, sharing key metrics and trends.
Your effective communication will empower decision-making processes.
Risk Modeling:
Develop and refine market risk models to predict and measure potential risks accurately.
Stay ahead of regulatory changes, ensuring compliance with industry best practices.
Policy and Procedure Compliance:
Uphold internal risk policies, procedures, and regulatory guidelines.
Collaborate with other departments to implement risk management best practices.
Collaboration:
Work closely with traders, portfolio managers, and relevant teams to identify emerging risks.
Provide expertise in the development and implementation of new financial products.
Continuous Improvement:
Spot opportunities for process enhancement within the market risk function.
Contribute to evolving risk management tools and methodologies.
Requirements:
Bachelor’s Degree in Finance, Economics, Mathematics, or a related field.
4-6 years of market risk management experience in banking or financial services.
Strong grasp of financial instruments, derivatives, and risk measurement techniques.
Familiarity with regulatory requirements and industry standards.
Proficient in risk modeling, statistical analysis, and excellent communication skills.
Relevant professional certifications (e.g., FRM, CFA) are a plus.
Benefits:
Competitive salary and benefits package.
Join a team of experienced and dedicated professionals.
Shape risk management practices in a leading Nigerian bank.
Access professional development and training opportunities.
Thrive in a dynamic and fast-paced environment.
How to Apply:
I and qualified candidates can click here to apply online.
