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Market Risk Analyst | Market Risk & Product Control BU | Risk SBU | December 2025

MCB Group.com

Office

Mauritius

Full Time

Embark within MCB’s Risk Strategic Business Unit (SBU) is an exciting opportunity and establishes a solid foundation for a career in banking.

As part of Risk SBU, the Market Risk & Product Control BU exercises independent oversight and control over traded and non-traded market and liquidity risk exposures.

Your responsibility as a Market Risk Analyst will be to coordinate the analysis and the reporting of Traded Risk data and models. This role includes preparing comprehensive risk reports and enhancing risk awareness for submission to senior management, Board Committees, and regulatory bodies.

We Are Looking For:

Job vacancy: Market Risk Analyst

In This Role You Will:

  • Control, monitor, comment Market Risk metrics (DV01, Fx Exposure, Value-At-Risk), Counterparty Credit Risk consumption (Potential Future Exposure, Settlement) and report breaches against approved targets and limits;
  • Control and serve as the main point of contact for Market Data topic related;
  • Conduct analysis and prepare presentation for internal Committees presentations;
  • Act as an alternate point of contact and provide Subject Matter Expertise to internal business units and external stakeholders regarding market risk reports;
  • Participate in IT related projects related to upgrade, new implementation or change requests for regulatory or internal management purposes;
  • Assist the Executives and Manager regarding other functional requirements related but not restricted to stress-testing, dynamic simulation, risk appetite and other related requests from Risk SBU or other SBUs.

To succeed, you will be required to demonstrate the following competencies:

  • Makes sense of complex, high quantity, and sometimes contradictory information to effectively solve problems;
  • Anticipates and adopts innovations in business-building digital and technology applications;
  • Learns through experimentation when tackling new problems, using both successes and failures as learning fodder;
  • Adapts approach and demeanor in real time to match the shifting demands of different situations.

We are looking for candidates who have at least:

Either

  • A completed degree in Finance, Risk Management, Economics, Business, Risk Management, or numerate fields such as Mathematics or Statistics;
  • Minimum of 2 years’ experience in one or more of the following areas: Counterparty Credit Risk, Market Risk monitoring on Africa or Exotic Trading Desks, or proficiency in Calypso for Market Risk and P&L reporting.

Or

• Minimum of 3 years’ experience in one or more of the following areas: Counterparty Credit Risk, Market Risk monitoring on Africa or Exotic Trading Desks, or proficiency in Calypso for Market Risk and P&L reporting.

And

  • Good understanding of Product Control and Market Risk concepts;
  • Excel is an essential skill and Reporting skills with Power BI/SQL/Python knowledge would be an advantage.

A combination of both qualifications & experience will be considered.

Should this opportunity match your career aspirations, skills and competencies, click on ‘Apply’ to complete your online application.

Please ensure all required information is accurately entered in relevant sections. Any incomplete application will not be considered. Kindly attach a complete CV when applying.

Note that candidates under consideration for this position will be required to provide 2 professional references.

As part of the recruitment process, shortlisted candidate(s) will be required to provide a valid Certificate of Character of less than 3 months.

The deadline for submission of application is 05 January 2026.

Management reserves the right not to appoint anyone following this advert.

Market Risk Analyst | Market Risk & Product Control BU | Risk SBU | December 2025

Office

Mauritius

Full Time

December 10, 2025