Job Title: Market and Credit Risk Analyst
Organisation: Housing Finance Bank
Duty Station: Kampala, Uganda
Reports To: Manager Market and Credit risk
About US:
Housing Finance Bank, is a Commercial Bank and the leading provider of housing finance solutions with a vision to be the preferred consumer and business bank with a focus on housing finance.
Job Summary: The Market and Credit Risk analyst is accountable for developing and implementing policies and procedures that reduce Credit and Market Risk for the bank & managing the building of financial models that predict Credit & Market Risk exposure to the organi-zation. The Role Holder will be responsible for the oversight and management of the Bank’s Interest Rate Risk, Currency/Foreign Exchange Risk, Liquidity Risk and Credit risk as they relate to the Bank’s Banking and Trading Book.
Key Duties and Responsibilities:
- Support in Implementation of the new Basel 11 guidelines on liquidity, market and credit risk.
- Treasury limits Monitoring – weekly snap checks on Treasury limits. (Dealer, Counterparty, stop loss, Open position, CRR, Daily revaluation, System interest rates) acting as main middle office role holder.
- Verify daily Revaluation Rates used by Treasury in Marking-to-Market the Bank’s residual (end of day and carried forward)
- Trading Positions.
- Weekly Snap check on Treasury voice recording system.
- Review of Risk registers for Lending related departments,
- Finance and Treasury.
- Follow up of Internal audit Issues for Lending related departments Finance, and Treasury.
- Follow up of risk assessment recommendations under credit and market risk.
- Preparation of credit case studies for training purposes.
- Snap checks on branch credit processes
- Snap checks on custodial services operations
- Monthly review of credit products and associated risks
- Monthly review of Employer schemes and associated risks.
- Review of covenants monitoring process in Credit.
- Market risk snap checks.
- Review of new and reviewed credit product papers
Qualifications, Skills and Experience:
- At least an Upper second-class business degree in Risk, finance, Commerce, Business Administration, Economics, Statistics, Mathematics or any relevant field.
- Possession of a Certified market risk qualification.
- At least CFA level 2 qualification would be an added advantage.
- Master’s degree in a relevant field would be an added advantage.
- Relevant Practical training courses in Market and Credit risk in the financial services sector
- Strong Mathematical background is an added advantage
- A minimum of five years of banking experience with at least 2 of it being in the Credit and Market Risk Management domain.
- Strong hands-on experience of market risk is an added advantage.
- Good verbal and written communication skills
- Good understanding of Risk Management principles.
- Good understanding of Basel principles and evolving regulatory guidelines in this space.
- Possess strong problem-solving skills (hypothesis-driven thinking, analytical, quantitative, conceptual skills).
- Thorough understanding of the evolving practices for the management of credit risk and regulatory requirements.
- Capable of professional discussions with internal and external stakeholders.
- Able to source data, perform periodic computations & report on findings.
- Exposure to credit risk modelling is desirable.
- The ability to communicate clearly both verbally and in written form in a professional manner is deemed essential.
- Ability to build functioning working relationships across organizational, corporate, and cultural boundaries.
- Takes clear accountability and focuses on delivery of corporate goals.
- Team player
- Provides extraordinary service
- Must be a person of impeccable integrity.
How to Apply:
All interested candidates should submit their applications with a recent CV, copies of all academic transcripts, certificates and testimonials, daytime telephone contact, postal and email address and three competent referees to:
Chief Human Resources Officer
Housing Finance Bank
Investment House
4 Wampewo Avenue, Kololo
Please take note that all applications should be sent by email to:
Do Not Hand Deliver Your Application.
Please note that ONLY shortlisted candidates will be contacted and any form of canvassing will lead to automatic disqualification.
Guidelines for submitting Documents
Please ensure that all your documents are scanned and submitted in 1 single batch using the following order:
- Application letter
- Curriculum Vitae (CV)
- Academic Documents and Certificates
The maximum document size is 10 MB
Please indicate the name of the position you are applying for in the subject.
NB: For Housing Finance staff to be eligible to apply, you must have held your substantive position for at least two (2) years and have a consistent satisfactory performance with no disciplinary record over the immediate consecutive past two years’.
Deadline: Tuesday 11th October 2022 at 5:00pm