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Senior Financial Risk Officer - Systems and Risk Infrastructure

  • Position title: Senior Financial Risk Officer - Systems and Risk Infrastructure
  • Grade: PL-5
  • Position N°: NA
  • Reference: ADB/12/197
  • Publication date: 06/08/2012
  • Closing date: 03/09/2012

Objectives

The overall objective of the Financial Management Department is to safeguard and improve the Bank Group’s risk bearing capacity while seeking ways to improve its efficient use for the benefit of clients, shareholders and staff. The specific objectives of the Asset and Liability Management (ALM) Division are to:

  • Formulate and propagate the Bank’s financial policies and guidelines (including capital adequacy, asset and liability, and others);
  • Monitor and report on compliance with financial policies and guidelines;
  • Prepare financial projections for the ADB, ADF and NTF and periodically update them; and
  • Prepare financial management documents related to the Bank Group’s resources mobilization efforts.

Duties and responsibilities

Under the direction and supervision of the Division Manager, Asset/Liability Management, the incumbent will perform the following duties and responsibilities:

  • Ensure proper business risk assessment to determine the ALM infrastructure required to improve the efficiency of the Division;
  • In collaboration with the Corporate Information Management and Methods Department (CIMM), Develop, maintain and upgrade the ALM systems and software applications used by the Division. These ALM systems include: i) a SAS based system to monitor the Bank Group financial projections, ii) a credit risk management software to monitor the Bank’s capital adequacy, iii) a risk dashboard system to monitor the various risks to which the Bank is exposed, and iv) several in-house applications to monitor currency and interest rate risks; Enhance the Division’s Risk Management infrastructure and databases with the objective to improve the decision making process and the control framework;
  • Design interfaces between ALM systems and other Bank’s applications such as SAP and Summit in order to improve the information workflow and risk monitoring;
  • Draft documentation, operations procedures and user guides to facilitate the use and maintenance of ALM systems and to reduce operational risk;
  • Provide functional and technical support and training to staff on the use of ALM systems;
  • Serve as focal contact point on functional and technical issues related to ALM systems within and outside the Division.

Selection Criteria

  • At least a Master’s degree or equivalent in Computer Science, Management Information Systems, and/or Finance/Banking. Additional professional qualification in one of these fields or in in Risk Management would be an advantage;
  • Preferably a minimum of 5 years of relevant professional experience in information systems analysis and programming, Banking and Risk Management, or comparable professional practice;
  • Proficient in the design of risk management decision support tools, in financial modeling, and in quantitative risk analysis;
  • Competence in the use of Bank standard software applications and development tools (SAS base, SAS Enterprise Guide, Oracle, SQL, XML, C++, SAP, Windows…). Knowledge of SAS, Oracle and SAP ETL and BI tools is also highly desirable and will be an advantage;
  • Solid understanding of financial instruments, fixed income securities, derivatives and risk management concepts;
  • Good team player with strong interpersonal and communication skills;
  • Ability to communicate and write effectively in French and/or English, with a working knowledge of the other language.

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Senior Financial Risk Officer - Systems and Risk Infrastructure (74 KB)

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To apply for this position, you need to be national of one of AfDB member countries.

  • Submitted by: Harold AKINGBADE-TAYLOR, OIC, Division Manager, CHRM.1
  • Approved by: Gemina ARCHER-DAVIES, Directeur, CHRM