Company Info
Large organization
200 + Employees
Ecobank Transnational Incorporated (ETI)
Ecobank Transnational Incorporated (ETI) is a public limited liability company founded in 1985 as a bank holding company as part of a private-sector initiative led by the Federation of West African Chambers of Commerce and Industry and supported by the Economic Community of West African States (ECOWAS).
1). Market Risk Officer – ENG RMD 998
Job Identification: 393
Location: Victoria Island, Lagos
Job Schedule: Full time
Job Description
- Monitor, report and ensure compliance to existing and revised market risk management policies and procedures of the Bank by Business Units.
- Performing appropriate Stress testing and Scenario analysis on the Balance sheet to determine the effect of unusual large movements in market risk factors.
- Measurement of Net Interest Income (NII) sensitivity based on structure of the Bank’s Repricing Gap.
- Preparation of accurate market risk reports for ALCO, Line Management, Group Market risk Manager while providing practical recommendations for a better management and improvement of balance sheet risks management.
- Provide a first line review of all limit requests, liquidity funding and contingency plans, and stress testing procedures.
- Analyze macro-economic trends. Define short, medium- and long-term economic perspectives (market risk factors) and simulate its downside risk on the Bank’s on and off-balance sheet positions.
- Conducting Factor Sensitivities (PV01) and Duration analysis on Trading portfolio.
- Ensure that all market risks are adequately addressed via limits/triggers to prevent unauthorized exposures and determine additional limits/triggers beyond/below minimum requirements where necessary.
- Work with Trading and Investment desks to support new business initiatives in line with the Board’s risk appetite and the Bank’s risk management policies.
- Implementing best practice mark to market models such as interpolation and extrapolation models amongst others.
- Attend to other tasks as may be assigned by Head, Market Risk; Group Market Risk Management and/or Country/Cluster Risk Manager
Technical/Industry Specific:
- Excellent knowledge of financial markets and products
- Good knowledge and interpretation of financial risks
- Proficiency in the use of MS office tools
- Understands Market Risk Management best practices and methodologies
- Understands economic variables/trends and regulatory/monetary policies
- Excellent knowledge of the balance sheet
Educational Qualification and Experience
- An excellent academic background.
- Minimum of seven (7) years banking experience, part of which must have been spent within a Treasury
Personal Attributes:
- Excellent numeric and analytical skill
- Attention to details
- Risk conscious and sensitive
- Ability to work under pressure and meet tight deadlines with high level of accuracy
- Highly organized
- Self starter
- Excellent interpersonal, team-working and communication skills
- Decisiveness
Application Closing Date
15th September, 2023; 19:00
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2). Credit Portfolio Management & Reporting Officer
Job Identification: 392
Location: Victoria Island, Lagos
Job Schedule: Full time
Job Description
The ideal candidate must be able to perform the underlisted functions:
- Daily spooling of the credit portfolio and reconciliation/proofing of the list with the risk asset GLs.
- Periodic appraisal of the Bank’s credit portfolio to ascertain the quality of the portfolio using both NGAAP and IFRS approaches.
- Periodic appraisal of the adequacy of the Bank’s loan loss provision (IFRS)
- Periodic computation of Impairment using the Bank’s IFRS 9 models
- Preparation of periodic and adhoc impairment and performance reports to relevant stake holders
- Weekly preparation of the portfolio concentration reports
- Preparation and analyses of the Monthly Credit Report (Power Point)
- Preparation and analyses of the Monthly Business segment Credit reports (Power Point)
- Preparation of weekly, monthly, quarterly, bi-annual, annual, and ad-hoc Group reports within stipulated deadlines in line prescribed formats and stipulated deadlines
- Preparation and analyses of periodic Board reports
- Active involvement in the periodic stress testing process
- Active involvement in periodic ICAAP and RRP process
- Active involvement in the preparation of the Credit Portfolio plan and Target Market documentation.
- Actively involved in the End to End IFRS Impairment process and maintenance of the IFRS 9 models
- Periodic review of the portfolio with the view to identifying accounts eligible from write-offs/transfer to memorandum.
- Other portfolio monitoring and review related duties and as assigned by the Supervisor.
- Management of the Intervention funds process and reporting (i.e. CBN, BOI, etc.)
- Preparation and submission of the Monthly Regulatory CAR reports.
- Active collaboration with Finance to resolve all unreconciled issues concerning the reports sent.
- Collation of documents and information required by regulators and auditors during examinations and audits.
- CRMS reference number generation for new credits, monthly submission, and update
- Monthly Credit bureau data extraction and submission.
- Preparation and triggering accounts for Global Standing Instruction (GSI) quarterly.
- Private Credit Bureau checks for new credits.
Work Experience
- 2 – 5 years banking experience
- Good knowledge of credit risk management and loan administration.
- Has good understanding of the Bank’s credit culture.
- Excel spreadsheet, SQL
- Applications & other support applications
- Good knowledge of Core banking application
- Good Knowledge of Banking and Financial environment
- Knowledge of CBN Regulations, BASEL and IFRS 9 requirements.
Deadline: 15th September, 2023 (07:59 PM).
How to Apply: Interested and qualified candidates should use the links below to apply: