Welcome.

report
Presented by
TATENDA MAZURUSE

Company Information
Tetrad Investment bank is a subsidiary of
Tetrad Holdings
Its head office is in Arundel Office Park

History of Tetrad
Established in 1995 focusing on Asset Management
Expanded to discount house in (1996).
Formed a micro-finance in 2006 through Multiridge
Finance.
A series of mergers in 2008 expanded the groups
business into property and insurance.
Granted a merchant banking license in 2009
Further expansion in 2010 into mining

Tetrad group structure

Rotating Structure

Middle Office
Basell ll
department
Credit Risk
department

Middle office Organogram

Middle
Office
Supervisor

Analyst

Analyst

Attachee

Preliminary activities in the Middle Office

The activities were done as a preparation of the major
activities of middle office.
Assigned to the Internal System and control dept
Reading the middle office procedure manual
Reading the Tetrad product manual

Major activities in the Middle Office

Liquidity risk management through (Maturity-Gap
Analysis).
Ensuring that transactions are being carried out
according to laid down procedures.
Updating of rates in system
Reporting (Profit and loss reporting, liquidity
reports)

Activities in the Middle Office (cont)

Reporting
The reporting process involved
constructing the reports and presenting the
reports.
The asset and liabilities report (ALCO
report)
Cash-flow counterparty maturities
Book-size break-down
The foreign exchange income report

Activities in the Middle Office (cont)

Assisting auditors
Reviewing the security register
Workshops attended while in the
Middle office
The Credit workshop
The performance management and talent
grooming workshop

Major Activities (B2

department)

Risk Identification and

analysis
through the use of quantitative and
qualitative tools
stress tests
statistical techniques for model validations
Other calculations
Liquid asset template
Capital ratios

Credit scoring models

Were statistical models used to
predict the default risk of our CR
counterparties

Application Scoring
Behavioral Scoring

Credit risk regulatory aspects were:

a) determining credit risk weighted
assets;
b) Calculating provisions for bad debt.

Major activities (cont)

Verification of loan proposals
profitability analysis
Liquidity Analysis
Capital Adequacy

Skills achieved from the

Tetrad
Risk management skills
Reporting skills
Modeling skills
Communication skills
Performance management skills
Time management skills

Challenges faced
Decision Making
Lack of experience

Correlation of internship to classroom

activities

The things learnt in the past two

years are highly related to
industry expectations
Courses key to my internship

Financial Risk Management (BFE 223)

Visual Programming Concepts and Development
Financial econometrics and financial statistics
Financial Accounting 1 & 2
Commercial law (BFE 125)

Recommendations to the bank

Improve the product knowledge
to employees
Reduce the level of labor
turnover
Cost cutting

Recommendations to HIT
The university should secure
places for attachment for its
students.
Students should have exposure
to the industry after acquiring
great quantitative skills
The university should have get
strides in improving its publicity

Observations about the

banking
sector
Tech-based competition mainly
mobile banking is likely to
change the landscape of
banking.
There is low funding costs for
large international banks,
Non-funded income continued to
dominate over interest income

Thank you !!