Job Opening: 1 Senior Market Risk Manager at Bank Al-Maghrib - Apply

Career Opportunity at Bank Al-Maghrib: Senior Market Risk Manager

Bank Al-Maghrib, the central bank of the Kingdom of Morocco, announces a recruitment competition for the position of Senior Market Risk Manager, as part of strengthening the staff of the Monetary Operations and Foreign Exchange Directorate. This role presents a unique opportunity for experienced professionals in financial risk management to join a leading institution in the central banking sector.

Key Job Information

• Number of Positions: 1
• Work Location: Rabat
• Application Deadline: February 4, 2026, at 16:30
• Application Method: Online submission exclusively via the official Bank Al-Maghrib website
• Competition Reference: C40689/26

Mission and Key Responsibilities

The appointed candidate will report to the Monetary Operations and Foreign Exchange Directorate and be responsible for managing the risks of the Bank's portfolios, particularly within the framework of foreign exchange reserves management and monetary policy implementation. Responsibilities include:

• Identifying and quantifying risk factors associated with foreign exchange reserves management and monetary operations.
• Developing advanced quantitative models and tools for calculating and monitoring risk and performance indicators.
• Contributing to the strategic asset allocation process.
• Ensuring market operations comply with existing management rules and regulations.
• Valuing assets comprising the Bank's portfolios (foreign exchange reserves and monetary policy instruments).
• Proposing improvements to risk management processes and methodologies.
• Preparing detailed periodic reports for senior management and governance bodies.

Required Qualifications and Experience

Candidates must meet the following conditions:

• A Master's degree (Bac+5 equivalent) from a top engineering school or equivalent higher education institution.
• A specialized Master's in financial or statistical modeling is preferred.
• At least 3 years of professional experience in a similar market risk management role.
• Possession of professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) is a significant advantage.

Skills and Personal Qualities

• Strong knowledge of financial markets and traded instruments.
• Advanced proficiency in financial mathematics and applied statistics.
• Experience in using market and credit risk management techniques and tools.
• Proficiency in statistical tools and programming languages like VBA, C++, R, Python.
• Excellent analytical and synthesis abilities, with strong written and verbal communication skills.
• Very good command of English, both spoken and written.

Application Conditions and Procedure

Interested candidates must adhere to the following conditions:

• Moroccan nationality.
• Age under 40 years.
• Mandatory completion of the online recruitment form available on the Bank Al-Maghrib website (www.bkam.ma) under the "Careers" section.
• Candidates shortlisted after the initial screening phase will be notified via email regarding the interview date and location.

About Bank Al-Maghrib

Bank Al-Maghrib is the central bank of Morocco, tasked with maintaining price stability and regulating the monetary and financial system. The Monetary Operations and Foreign Exchange Directorate is a critical entity within the bank, responsible for managing foreign exchange reserves and implementing monetary policies that influence the national economy. Joining this team means working in a dynamic, intellectually challenging environment with significant responsibilities.

Tips for a Successful Application

To maximize your chances of success, we recommend:

• Carefully reading the job requirements and ensuring you meet all criteria before applying.
• Updating your CV to highlight relevant experiences in financial risk management and quantitative modeling.
• Preparing for a potential interview focused on case studies related to risk management and financial markets.
• Submitting your application well before the deadline of February 4, 2026, as late applications will not be accepted.

Do not miss this opportunity to join a leading national institution and contribute to strengthening the financial stability of the Kingdom of Morocco.