About the Role
Coronation Merchant Bank, a strong emerging merchant banking franchise in Nigeria, is recruiting an experienced Team Lead, Market Risk. In this pivotal leadership role, you will oversee the identification, measurement, and management of market risk exposures across the Bank's trading and investment activities. You will be responsible for developing comprehensive risk management frameworks that drive organizational resilience and maintain competitive advantage in a dynamic financial landscape.
Key Responsibilities- Develop and implement market risk management frameworks, policies, and limits aligned with organizational objectives
- Monitor and report on FX, interest rate, and price risk exposures with accuracy and timeliness
- Conduct stress testing, scenario analysis, and Value-at-Risk (VaR) computations to assess portfolio vulnerabilities
- Ensure compliance with Central Bank of Nigeria (CBN) regulatory requirements and internal risk appetite limits
- Collaborate with Treasury, Trading, and Asset-Liability Management (ALM) teams to optimize risk-adjusted returns
- Prepare comprehensive market risk reports for Executive Management, ALCO, and the Board Risk Committee
- Lead, mentor, and develop a high-performing team of market risk analysts
- Bachelor's degree in Finance, Economics, Statistics, or related field
- Minimum 8+ years of market risk management experience in banking or financial institutions
- Expert knowledge of market risk methodologies including VaR, stress testing, and sensitivity analysis
- Strong understanding of CBN market risk guidelines and Basel framework principles
- Proven leadership experience with demonstrated ability to build and manage high-performing teams
- Professional certifications (FRM, CFA, or equivalent) advantageous
- Exceptional analytical, quantitative, and stakeholder management capabilities