About the Role
Ecobank Nigeria, a member of the Ecobank Group—the leading pan-African banking institution established in 1985—is currently seeking a dynamic and experienced professional to join our risk management team as the Head, Market Risk. In this critical leadership role, you will be responsible for identifying, measuring, monitoring, and controlling market risk exposures across the bank's trading and investment portfolios, ensuring alignment with regulatory standards and corporate risk appetite.
Key Responsibilities- Develop, implement, and review comprehensive market risk policies, frameworks, and methodologies across all trading and non-trading portfolios.
- Monitor daily market risk exposures, value-at-risk (VaR), stress testing results, and compliance with established risk limits.
- Collaborate with the Treasury and Asset Liability Management (ALM) desks to evaluate the risk-return profile of new products, investments, and balance sheet strategies.
- Provide regular, insightful risk reports and strategic recommendations to senior management, the Board Risk Committee, and relevant regulatory authorities.
- Ensure full compliance with Central Bank of Nigeria (CBN) guidelines and international banking best practices regarding market risk management.
- Lead, mentor, and develop a high-performing team of risk analysts and professionals within the department.
- Bachelor's degree in Finance, Economics, Statistics, Accounting, or a related quantitative discipline; a Master's degree or professional certifications (such as FRM, CFA, or ACA) will be a distinct advantage.
- Minimum of 10 years of cognate experience in risk management, with at least 5 years in a senior market risk or treasury risk role within the banking sector.
- Deep understanding of financial markets, macroeconomic indicators, derivative products, and pricing models.
- Exceptional analytical, problem-solving, and decision-making skills with strong attention to detail.
- Demonstrated leadership capabilities with a proven track record of managing and developing professional teams.
- Competitive salary package with performance-based incentives and bonuses.
- Comprehensive health insurance coverage for employee and dependents.
- Opportunities for continuous professional development, local and international training, and career progression within the pan-African Ecobank network.