Principal Financial Risk Officer - Africa
CA Global Africa Recruitment is currently looking for a Principal Financial Risk Officer for a Bank in Africa.
The overall objective of the Financial Management Department is to safeguard and improve the Bank Group’s risk bearing capacity while seeking ways to improve the efficient use of this capacity for the benefit of clients, shareholders and staff.
The candidate’s responsibilities will include (but are not limited to);
CA Global Africa Recruitment is currently looking for a Principal Financial Risk Officer for a Bank in Africa.
The overall objective of the Financial Management Department is to safeguard and improve the Bank Group’s risk bearing capacity while seeking ways to improve the efficient use of this capacity for the benefit of clients, shareholders and staff.
The candidate’s responsibilities will include (but are not limited to);
- Lead the formulation and periodic review the asset liability management (ALM) policies and guidelines for the Bank Group;
- Co‐ordinate the upgrade and update the medium and long‐term financial projection models for the Bank Group;
- Lead the preparation of the annual Board presentation on the Bank’s medium‐term financial performance outlook and the proposals for the net income allocation;
- Lead the preparation of the annual Board presentation on the Bank Group’s market risk review;
- Co‐ordinate the preparation of the quarterly reports on currency, interest rate and liquidity risk and on financial projections;
- Prepare background working papers on the Bank Group resource mobilization initiatives such as the Bank’s general capital increases and the Bank’s replenishments;
- Lead discussions with corresponding units in major Multilateral Development Banks (MDBs) on asset/liability management issues. Manage independently the division’s most complex assignments related to these issues;
- Prepare or contribute to papers for presentation at international fora on ALM and related financial management issues;
- Participate in propagating a risk awareness culture in the Bank;
- Mentor lower level professional staff of the Division.
The Candidate must have;
- At least a Master's or equivalent degree in Finance, Banking, Economics, Business Administration (with a major in Finance) or similar quantitative disciplines;
- Preferably a minimum of 6 years of relevant professional experience in Banking and/or Finance, including at least 3 years in financial risk management related areas;
- Experience in the preparation of ALM policy documents and guidelines for a major Bank or MDB;
- Good knowledge of the latest developments in capital markets relating to fixed income securities and derivative instruments; ability to understand complex financial risk management issues;
- Proficiency in the use of spreadsheets including excellent modelling skills;
- Good knowledge of the best industry practice and ability to adapt these practices to the MDB environment;
- Good team player, and good communication and interpersonal skills;
- Competence in the use of standard software used in the Bank such as Word, Excel, Access and PowerPoint;
- Ability to communicate effectively (verbally and in writing) in English and/or French, with a working knowledge of the other language.
Should you not hear from us within two (2) weeks, please consider your application unsuccessful.
