- Position title: Senior Treasury Risk Officer –Investment / Liability Activities - Treasury Risk Division (FFMA3)
- Grade: PL5
- Position N°: NA
- Reference: ADB/12/200
- Publication date: 31/07/2012
- Closing date: 15/08/2012
Objectives
The Treasury Risk Management Division (FFMA3) is responsible for the identification, measurement, monitoring and mitigation of market and credit risks in the Bank’s Treasury operations. In addition to the risk management activities, the Division ensures the timely reporting of the Treasury Department activities. The Division is therefore in charge of building an efficient control framework to ensure adherence to the Bank’s Assets and Liabilities Management (ALM) guidelines and to International Financial Reporting Standards (IFRS). Finally, in fulfilling its mission, the Division provides efficient information systems and analytical support tools to the Treasury Department to improve the decision-making process.
Duties and responsibilities
Under the supervision of the Manager of the Treasury Risk Division, the incumbent’s duties and responsibilities will be as follows:
Report on the Bank’s investment and liability management activities
- Ensure the timely production of reports monitoring investment and liability activities for staff, management, the Financial Control Department (FFCO) and the Assets and Liability Management Committee (ALCO);
- Perform PnL calculation, performance attribution, hedge effectiveness for investment portfolio;
- Reconcile the valuation of portfolio positions with market data;
- Keep abreast of developments in IFRS and their impacts on reporting activities in the financial statements.
Provide support to the Front Office Divisions for transaction and risk analysis
- Review the terms of new funding proposals received by counterparties;
- Analyze and assist investment officers to evaluate complex investment structures;
- Ensure that the Bank has the internal capacity to fair value new borrowing transactions proposed by counterparties;
- Participate in the design and implementation of decision support tools that improve the efficiency of investment and liability management activities;
- Conduct and coordinate the training of Front Office staff on the use of pricing, risk analysis and risk monitoring systems.
Ensure the proper maintenance of the key treasury systems used to monitor investment and liability management activities
- Monitor the day to day use of the Treasury pricing and risk analysis and monitoring systems and the integrity of market and trade data;
- Maintain systems and participate in migrations to new versions to improve the accuracy of security valuations and risk reporting;
- Participate in the analysis and calibration of trades in Treasury systems during audit reviews.
Ensure an efficient control framework for treasury investment and liability management activities
- Monitor and report on the compliance with guidelines for investment and liability management transactions.
Selection Criteria
Including desirable skills, knowledge and experience
- At least a Master’s degree in Business Administration, Finance, Banking, Accounting, Economics. Professional qualification in risk management will be a plus;
- At minimum of 5 years of relevant professional experience in IFI’s, with a large scope of treasury activities;
- Working experience in the implementation of Treasury credit monitoring and portfolio management models and stress testing tools used by IFI’s and/or Multilateral Development Banks;
- Good knowledge of treasury financial instruments, fixed income securities, derivatives, and risk management;
- Good mastery of standard computer applications (Microsoft office package), and competence in modelling and quantitative products
- Ability to interact with IT team to customize and upgrade functionalities of new treasury systems and tools;
- Capacity to follow and to adjust to new markets developments
- Ability to communicate and write effectively in French and/or English, with a working knowledge of the other language;
- Good team worker with strong interpersonal skills.
Document download
Senior Treasury Risk Officer –Investment / Liability Activities - Treasury Risk Division (FFMA3) (163 KB)
Apply online
To apply for this position, you need to be national of one of AfDB member countries.
- Submitted by: Harold Akingbade-Taylor, Division Manager, CHRM.1
- Approved by: Mrs. Gemina Archer-Davies, Director, CHRM
Only applicants who fully meet the Bank's requirements and are being considered for interview will be contacted. Applicants will only be considered if they submit an online application, and attach a comprehensive Curriculum Vitae (CV). The AfDB President reserves the right to appoint a candidate at a lower level. The African Development Bank is an equal opportunities employer and female candidates are strongly encouraged to apply: www.afdb.org/jobs
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