Treasury & Market Risk Analyst

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With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

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Job Summary

Treasury and Market risk Analyst works closely with business units and control groups to ensure there is a transparent, consistent and comprehensive program for managing Market risk across the bank. The role requires collaborating with various stakeholders to build a sound governance framework that conforms to the risk appetite established by Board of Directors. This includes implementing policies, establishing limits, leading the development of Market risk analytics and reports, monitoring existing trading activities and advising in regard to new trading & business activities or significant market and economic events.

This role reports into the Head of Market and Treasury Risk, with responsibility for incorporating the daily reporting of various risk metrics, continuous assessment of all market risk impacts to the business, stress testing, sensitivity analysis and the management and development of applicable policies, procedures, systems and controls. They provide hands-on development of risk models involving market, credit and operational risk, assure controls are operating effectively, and provide research and analytical support

Job Description

Risk Control (25%)

• Adhere to policies and standards, as per the market risk framework.
• Participate in market risk limit review at least once a year, but as often as required.
• Investigate PV and completeness reconciliations and resolve exceptions on daily basis.
• Investigate and resolve back-testing exceptions daily.
• Sign off on VaR, capital and other risk metrics daily.
• Implement new controls as may be required by regulations, the Group, relevant projects or other stakeholders.
  
  

Risk Reporting / Monitoring (25%)

• Report on and monitor exposures against predefined limits on daily basis
• Ensure that limit breaches are escalated according to policy and that management is provided with all information that is needed to make decisions
• Reports must be accompanied by commentary that is relevant to the business and highlights key risks and changes in risk
• Provide inputs for daily, weekly, monthly and other / ad hoc reports; this includes both quantitative and qualitative input
• Develop reports for new businesses
  
  

Risk Management (25%)

• Provide advice and expertise to assist business in optimizing risk profiles.
• Develop and maintain familiarity with key positions held and market risk issues faced by the relevant trading desk(s)
• Provide meaningful and value-add analysis. This will be used to inform management actions and/or discussions.
• Build an understanding of capital requirements and the drivers thereof to provide business with insight to make trading / hedging decisions.
• Perform any ad hoc analysis requested by management or business
• Participate in new product / business developments, significant change processes and
• Structured product / derivative reviews by performing risk assessment
  
  

Stakeholder / Relationship Management (25%)

• Continually interact with Front Office staff to discuss strategy, market risk profile, market expectations and key risks
• Build strong internal (Market Risk) and external (Front Office and other Infrastructure areas) relationships, to build synergies and efficiencies
• Manage business needs and expectations
  
  

Preferred Education

• Bachelor’s Degree in Statistics, Mathematics, Economics, Risk Management or Accounting and Finance
• Master’s Degree in Business / Financial Services is an added advantage
  
  

Preferred Experience

• More than 3 years’ experience in Market Risk, Treasury, Front Office, Middle Office,
• Finance or Product Control in a financial institution, financial regulatory or consulting companies.
• Experience in being able to produce high quality work under pressure, prioritise work and meet deadlines.

Knowledge And Skills

• Good understanding of Market Risk concepts and metrics (VaR, EVE/NII, scenario analysis, risk sensitivities), and governance frameworks, policies and standards.
• Excellent interpersonal communication skills (verbal and written communication)
• Strong quantitative, analytical and problem-solving skills
• Good understanding of the regulatory and control environment
  
  

Education

Higher Diplomas: Business, Commerce and Management Studies (Required)









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