Summary
Date Posted: 28th January 2019 , Base Salary: Not Disclosed , Employment Type: Full-Time , Currency: RwF

JOB DETAILS:
The Development Bank of Rwanda is Rwanda’s only National Development Bank mandated to support Rwanda’s development goals. Of recent, the bank has undergone substantial re-organization aimed at positioning itself “To be an innovative and sustainable provider of development finance for socio-economic impact”.
In order to achieve this vision, the Bank’s new strategic plan (2018-2024) outlines three (3) key strategic themes;
• Operational Excellence
• Strategic Partnerships
• Dynamic Culture
To help accomplish this ambitious and exciting vision, The Development Bank of Rwanda (BRD) would like to recruit suitable qualified candidates to fill the following positions:
Position: Market & Balance Sheet Risk Analyst (1)
Duties and Responsibilities
• Analyze and report the balance sheet risks and propose mitigation measures;
• Assist to develop policies related to balance sheet risks management;
• Analyze the interest rate, foreign exchange, liquidity and other risks embedded in the Bank’s balance sheet;
• Prepare periodic CAMELS report;
• Analyze and quantify changes in the interest rate and liquidity risks and prepare periodic reports;
• Determine the bank’s Market risk capital requirement using advanced measurement approach (AMA) methodology;
• Prepare periodic reports the management ALCO of the Bank and Risk Committee of the Board of Directors;
• Analyze and report on the market developments, and Support in implementation; of the Bank’s liquidity and market risk exposure policies
• Monitoring Stress Test and Value-at-Risk
• Exposures for Foreign Currency and Interest Rate Risks;
• Assist in conducting annual liquidity /market risk limits assessment
• Develop liquidity and funding stress tests;
• Improve liquidity risk measurement practices from time to time;
• Assess all market and balance sheet related risks by conducting financial researches;
• Employ computer programs related to statistical analysis for proper risk assessment and analysis;
• Proffer professional assistance and advice on related mathematical models that help the Bank to valuate financial instruments, optimize problems, and model market behaviors;
• Assess the Asset and Liability management and guide the Bank.
Job requirements
Education
A master’s Degree in finance, Economics, Banking, Business Administration, Mathematics, Actuarial Science, statistics or related discipline.
A professional qualification in risk management is an added advantage.
Experience and Skills
• At least 3 years’ experience in financial services, preferable in an investment bank, or investment-oriented institution in similar role.
• Extensive knowledge and experience in treasury and budget management
• Strong understanding of risk management products such as swaps, options, futures, forwards and other derivatives.
• Expert knowledge of foreign currency and interest rate risks modelling.
• Strong understanding of Value-at-Risk computations.
• Strong understanding of Basel II and III frameworks.
• Good analytical skills of the local, regional and international financial environment
• Good understanding of the best Asset and Liabilities planning practices.
• High level of accuracy in the evaluating financial records and documents

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Job application procedure
Interested candidate should apply online ( https://www.brd.rw/brd/careers/ ) and upload application documents including Curriculum Vitae, copies of degree certificates and professional certificates, past and current service/employment certificates (unproven experience will not be considered during the shortlisting) , motivation letter, names of three previous supervisors as well as their emails and telephone. Only online applications shall be considered.
Email: recruitment@brd.rw (for only inquiries)
Address all applications to the Chief Human Capital and Administrative Services of the Development Bank of Rwanda.
Deadline for application: Wednesday, January 30, 2019, 03:30 pm.
Details of the job descriptions are posted on BRD website: www.brd.rw
The employment package is highly competitive/attractive.
Only candidates with the right qualifications and relevant experience shall be shortlisted and contacted for an interview.
Done in Kigali, the January 10, 2019
MANAGEMENT