Country Risk Analyst at Rand Merchant Bank (RMB)

Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is a leading African corporate and investment bank and part of one of the largest financial services groups in Africa. We offer our clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions.

We are recruiting to fill the position below:

Job Title: Country Risk Analyst

Location: Lagos
Employment Type: Full Time

Job Description

• To review the risks associated with the different jurisdictions in which the organisation operates, or plans to operate, and communicate findings, insights and deep understanding to stakeholders.
• To translate the economic, political, and operational risks in the respective portfolio of assigned countries/sovereigns and calculate and recommend Sovereign ratings and LGDs (Loss Given Default) to Credit Committee.
• To enable, and where appropriate, lead country limits that are proposed by business for the allocated portfolio countries at the mandated approval committee.

Responsibilities

• Build and maintain professional working relationships with all stakeholders displaying excellent abilities to initiate dialogue, listen, advise, influence, and negotiate to achieve win-win outcomes.
• Understand what key stakeholders are looking for and customise reporting and presentations accordingly
• Provide recommendations and insights gleaned from robust analyses.
• Liaise with various stakeholders to clearly define the research objective and any questions that need to be asked, recommending the type of data required for analysis.
• Contact the relevant stakeholders to source required information and documentation.
• Ensure that conventional and unconventional (where required) research protocols are followed by the team to gather and sift the necessary information.
• Visit the relevant country, having set up meetings with key individual and bodies.
• Assign a Probability of Default and Loss Given Default to these sovereigns by using internal models and methodologies.
• Monitor and report key developments in these countries to stakeholders, and present relevant information to key stakeholders in the form of a written report and verbal presentation.
• Lead meetings with key stakeholders to track progress manage expectations and ensure stakeholders requirements are delivered.
• Anticipate consequences and adapt problem solving based on continual feedback.
• Act speedily to resolve problems queries and challenges
• Recommend business processes (and relevant improvements required) according to quality standards; policy; and compliance and governance requirements in area of accountability.
• Stay relevant and up to date with legislations and new developments.
• Plan and manage own workflow anticipating obstacles juggling priorities and following through on objectives within agreed time frames and according to quality standards.
• Build and sustain collaborative working relationships with relevant peers and stakeholders to achieve productivity synergies.
• Participate in specialist communities of practice and contribute positively to own and organizational knowledge improvement.
• Being able to speak, read or converse in French will be a valuable attribute.

Qualifications and experience

• Formal degree in Economics or Econometrics with at least 3 years’ experience in a related African research or Country Risk role.

Application Closing Date
19th July, 2024.

Method of Application
Interested and qualified candidates should:
Click here to apply online