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Kampala, Uganda

Full-time

Deadline:

30 Nov 2023

Absa Bank Uganda Limited is part of Absa Group Limited, an African financial services group that aims to be the pride of the continent. Absa Group Limited is listed on the JSE in South Africa and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 42, 000 employees.
We’re committed to finding local solutions to uniquely local challenges and everything we do is focused on adding value. To this end, we offer our clients a range of retail, business, corporate and investment, and wealth management solutions. We also ensure a positive impact in all the countries where we operate.

We’re a truly African brand, inspired by the people we serve and determined to always be brave, passionate and ready so that we can make our continent proud.

Learn more about this organisation

ABSA Bank jobs (4 new) - May 2024

Market Risk Analyst job at Absa Bank

ABSA Bank

Market Risk Analyst works closely with business units and control groups to ensure there is a transparent, consistent and comprehensive program for managing Market risk across the bank.

Risk Control

Adhere to policies and standards, as per the market risk framework.
Participate in market risk limit review at least once a year, but as often as required.
Investigate PV and completeness reconciliations and resolve exceptions on a daily basis.
Investigate and resolve exceptions in the sensitivities reports daily.
Implement new controls as may be required by regulations, Absa Group, relevant projects or other stakeholders.

Risk Reporting / Monitoring

Report on and monitor exposures against predefined limits on a daily basis.
Ensure that limit breaches are escalated according to policy and that management is provided with all information that is needed to make decisions.
Reports must be accompanied by commentary that is relevant to the business and highlights key risks and changes in risk.
Provide inputs for daily, weekly, monthly and other / ad hoc reports; this includes both quantitative and qualitative input.
Develop reports for new businesses.

Risk Management

Provide advice and expertise to assist business in optimizing risk profiles.
Develop and maintain familiarity with key positions held and market risk issues faced by the relevant trading desk(s).
Provide meaningful and value-add analysis. This will be used to inform management actions and/or discussions.
Build an understanding of capital requirements and the drivers thereof to provide business with insight to make trading / hedging decisions.
Perform any ad hoc analysis requested by management or business.
Participate in new product / business developments, significant change processes and
Structured product / derivative reviews by performing risk assessment.

Stakeholder / Relationship Management

Continually interact with Front Office staff to discuss strategy, market risk profile, market expectations and key risks
Build strong internal (Market Risk) and external (Front Office and other Infrastructure areas) relationships, to build synergies and efficiencies.
Manage business needs and expectations.