Liquidity Risk Analyst NMB PLC Dar es Salaam, Tanzania
Full-Time
28th July 2023
Job Location: Head Office

Job Purpose:

To assist the Head; Market Risk to effectively assess and report on the Bank's liquidity risk.

Main Responsibilities:

  • Develop and implement liquidity risk policy within NMB bank.
  • Develop liquidity early warning indicators and monitor mitigations for Management reporting.
  • Understand the principles of prudent liquidity management and reporting, both internal and BOT requirements.
  • Ensure that a snap check programme is implemented and maintained.
  • Report on the value at risk, stress testing, liquidity, and profitability across the range of products traded.
  • Ensure that liquidity positions/reports are accurately and timely reported and explanations are provided for any major change/movement.
  • Develop and report on the bank's funding plan, including modeling alternative funding strategies.
  • Monitor the liquidity tolerance level as approved by the Board and report to Asset and Liability Committee (ALCO).
  • Analyze and quantify risks associated with liquidity in retail and wholesale products, particularly relating to counterparty behavior and treatment under internal and regulatory liquidity regimes.
  • Review and re-calibrate, on at least an annual basis, all behavioral liquidity assumptions and submit updated assumptions to NMB ALCO for approval.
  • Develop assumptions for Stress Testing scenarios and monitor the same during Stress Testing quarterly.
  • Ensure that Liquidity contingency plans (short and long term) are up to date, ALCO approved and tested as per approved frequency.
  • Perform risk assessments and gap analyses over liquidity and capital risks.
  • Monitor the funding concentration in line with adequate mix of assets and liabilities as per the bank's strategy.
  • Monitor the funding strategy on managing liquidity in different currencies.
  • Improve liquidity risk management practices (measuring, monitoring, and reporting)
  • Work with other business areas in Risk, Retail, Wholesale and Financial Markets and support Market Risk management in business or departmental wide initiatives.
  • Provide analysis for work with external parties such as regulators and ratings agencies.
  • Recommend and implement improvements to risk analytics and reporting, thus improving the risk decision making process.

Knowledge and Skills:

  • Excellent communication skills both written and verbal.
  • Excellent interpersonal relationships
  • In-depth knowledge of treasury and financial risk management, in particularly ALM in banking
  • In-depth knowledge of banking book liquidity risk
  • In-depth understanding of financial and capital markets
  • Knowledge of economic fundamentals
  • Knowledge of banking book balance sheets and accountancy
  • Knowledge of banking products and capital market instruments (including derivative instruments)
  • Computer literacy
  • Financial modeling, statistical analysis, and financial analysis
  • Strategic business focus, Self - initiative, determination, and passion to succeed, Leadership and motivation skills, Ability to work under pressure, Delivery, and control oriented, Systematic and methodical, Problem solving and analytical skills

Qualifications and Experience:

  • Bachelor's Degree or its equivalent in a Finance-related field.
  • ACI dealing certification is mandatory.
  • Minimum of three (3) years of work experience as a Liquidity & Market Risk Analyst or Financial Analyst in a financial institution.

NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position
.

NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.

Only shortlisted candidates will be contacted.

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