Market Risk Analyst Job Vacancy At Wema Bank

Market Risk Analyst

Wema Bank

Market Risk Analyst Job Vacancy At Wema Bank

A Market Risk Analyst job vacancy is currently available at Wema Bank. Applications are hereby invited from suitably qualified individuals who possess all the below-listed criteria.


Specialization(s): Risk Analysis

Job Summary

  • The Ideal candidate would oversee computation of market risk regulatory capital using Standardized Approach (Basel II/III) and preparation/coordination Basel III regulatory reports.

Market Risk Analyst Responsibilities

  • Preparation of market risk reports to ALCO, MRC, and BRMC
  • Computation of market risk regulatory capital using Standardized Approach (Basel II/III) and preparation/coordination Basel III regulatory reports
  • Provide relevant data and participate in the Internal Capital Adequacy Assessment Process (ICAAP) and Internal Liquidity Adequacy Assessment Process (ILAAP) of the Bank
  • Perform macroeconomic review and formulate economic outlooks for the Bank
  • Conduct risk and return analysis on Treasury portfolios and banking book
  • Daily review of trading blotters to ensure compliance to internal and regulatory limits/policies
  • Preparation of daily Market Risk dashboard
  • Liquidity gap, re-pricing gap & net interest income (NII) sensitivity analysis
  • Development and validation of internal models for seamless market risk identification, monitoring, management, and reporting.
  • Support the implementation and enforcement of market risk policies & procedures in the Bank, while participating in the annual and periodic review of market risk & related policies
  • Attend to other tasks as may be assigned by Head, Market Risk or Senior Management.


  • An excellent academic background (preferably a numerical discipline);
  • Minimum of Four (4) years banking experience, part of which must have been spent within a Risk, Market Research, Treasury and Finance function.
  • Professional Qualification: Any FRM, PRM, CFA, ACA, ACCA will be an added advantage (preferably FRM, PRM, or CFA).
Technical Competencies:
  • Excellent knowledge of financial markets and products
  • Good knowledge and interpretation of financial and balance sheet risks & opportunities
  • Proficiency in the use of MS office tools
  • Good understanding of economic variables/trends and regulatory/monetary policies
  • Market risk management best practices and methodologies
  • Understanding of Basel II/III accords & practices
  • Ability to interpret balance sheet gaps/risks and relate them to various economic perspectives/scenarios with a high level of accuracy.
Behavioural Competencies:
  • Strong Communications skills(written and oral) with strong business and customer focus
  • Excellent numerical and analytical skills
  • People management
  • Accuracy and attention to detail
  • Excellent time management and organisational skills
  • Interpersonal skills
  • Willingness to learn
  • Ability to work under pressure and meet tight deadlines.

How To Apply For Market Risk Analyst Job

  • Hit the ‘APPLY FOR JOB’ button below.
  • Follow the displayed link to proceed to the WEMA Bank recruitment portal.
  • Follow the onsite guidelines and complete your application.
  • The application deadline is 31st January.

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