Deadline: 03 April, 2021
Location: Abidjan, Ivory Coast
African Development Bank (AfDB) is seeking to fill the role of Principal Quantitative Risk Officer.
AfDB’s mission is to spur sustainable economic development and social progress in its regional member countries (RMCs).
Responsibilities
- Lead the development, enhancement and maintenance of the quantitative risk analytics and models for credit risks
- Responsible for the identification, measurement, analysis, monitoring and mitigation of the credit and counterparty risks borne by the bank’s lending activities
- Provide analytical advice on the structuring, pricing and exposure measurement for the bank’s lending portfolio
- Conduct the implementation, validation and back testing of quantitative risk models
- Assess and advise on the impact of proposed changes in bank-wide policies on risk management methodologies, prudential ratios, systems and practices
- Represent risk management at internal committees, cross-departmental working groups, external rating agency presentations, internal and external auditors’ meetings, new transactions and legal documentation discussions with the counterparties
- Oversee risk methodologies and documentation and obtain approval from internal and external auditors
Requirements
- Master’s degree, minimum, in Financial Engineering, Quantitative Finance, Applied Finance, or a related field
- Six years, minimum, of relevant experience in a financial institution or a consulting role, with five years, minimum, in regulatory capital or economic capital management
- Experience with an MDB with emphasis on quantitative risk is a plus
- In-depth knowledge of credit risk management techniques, capital adequacy requirements, international financial reporting standards, quantitative financial and risk modelling tools
- Experience in credit risk and economic capital models design, management and implementation
- Experience in the preparation of capital adequacy policies and/or reports for MDB or financial institution
- Experience in modelling, maintaining and updating of software or models for regulatory capital or economic capital
- Excellent problem-solving skills, project management and I.T. skills
- Ability to communicate effectively (written and oral) in English or French
- Competence in the use of standard MS Office applications (Word, Excel, Access, and PowerPoint)
- Experience in using SAP and CreditManager is a plus
To apply and for more information, click here.
Photo source: Rwanda Government
