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Manager – Market Risk

Investrust Bank Plc, a growing indigenous commercial bank listed on the Lusaka Stock Exchange, is looking for qualified, self-motivated, hardworking and enthusiastic individuals to fill the following positions that have fallen vacant.

Location: Lusaka Main Branch

Reporting to : Head Risk

Job Purpose

Reporting to the Head Risk Management, the purpose of the role is to assist in the implementation of the Enterprise Risk Management Framework and ensure that Market risks are consistently and effectively managed in the business in accordance to Bank of Zambia’s expectations and Basel II standards.

Duties and Responsibilities

• Identifying, evaluating and management of Market Risks among other key risks in the business.

• Establishment of Market Risk Key Risk Indicators (KRIs) and monitor trends to ensure early warning signs are reported for correction or prevention.

• Preparing of the Risk Management reports for ALCO meetings

• Supporting the rolling out of Basel II as regards Market Risk such as actively participation in Market risk measurement and reporting to minimise the amount of economic capital allocation.

Knowledge, Skills & Abilities

• Daily performance monitoring of money Markets, Securities and Valuations.

• Monitoring the reconcilable daily reports (such as the Bank of Zambia Currency reconciliation report, Foreign Currency Reconciliation report, Interbank and Correspondent banks’ exposure reports etc.) to ensure their status is within the set limits, both internal and regulatory limits and any variation in balances is reported.

• Utilisation of product knowledge and risk concepts e.g. Value-at-Risk and Stress-Tests, to analyze the exposure of portfolios, individual trades etc.

Qualifications and Experience

• Bachelor’s Degree in Business, Mathematics, Finance, Economics or a related field.

• Certification in ACI

• Certification in GARP,Risk Management or any related risk field will be an added advantage

• Five 5 years banking experience

How to Apply

Applications together with certified copies of certificates and CVs along with details of 3 references who can be reached/ contacted easily should reach the under listed address:

Head - Human Resource & Administration,

Investrust Bank Plc,

PO Box 32344,

Lusaka.

Application deadline
26 Apr
Email applications to
hr@investrustbank.com
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Investrust Bank Plc
Investrust Bank Plc
Lusaka
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This is a public limited liability company, incorporated under the Companies Act of 1994. Investrust Bank conducts commercial and retail banking services and has a primary listing in the Lusaka Stock Exchange. The bank is committed to providing outstanding value for money, cost effective and efficient products and services to its customers. Investrust Bank's major strengths lie in their ability to provide quick and efficient products and services.
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