Market Risk Analyst
- Employer
- FirstRand Bank
- Location
- Central Johannesburg 1 Merchant Place, 1 Fredman Drive, Sandton, Johannesburg, 2196 Johannesburg, South Africa
- Salary
- Competitive
- Closing date
- Jan 25, 2025
View more categoriesView less categories
- Job Role
- Risk Manager
- Sector
- Finance
- Contract Type
- Permanent
- Hours
- Full Time
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Job Description
To monitor and manage the risk in relevant area for the Markets Division by identifying, quantifying, analysing and troubleshooting market risk issues on a daily basis
You will be an ideal candidate if you:
Are you interested to take the step? We look forward to engaging with you further. Apply now!
Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it
We can be a match if you are:
Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to
You will have access to:
Opportunities to network and collaborate Challenging Working Opportunities to innovate
#post
#RMB
#LI-SP3
Job Details
Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
30/01/25
All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
To monitor and manage the risk in relevant area for the Markets Division by identifying, quantifying, analysing and troubleshooting market risk issues on a daily basis
RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact.
United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it's the magic of our people and culture that sets us apart.
Now, is the time to imagine your next move with South Africa's number one employer in Financial Services for 2023, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.
Are you someone who can:
Demonstrate cost consciousness and awareness of personal contribution to costs and productivity Identify and escalates potential risks that may lead to increased costs
Prevent wastage and identify process improvements to contain and reduce costs
Establish relationships with relevant individuals and departments to deliver on work expectations
Adhere to relevant service level agreements to build trust in the relationship
Adhere to Organisational values and service standards and interact with and communicate with customers accordingly
Ensure first time resolution of customer queries or complaints and take ownership of any requirements and follow up on queries handed over to other parties or areas to ensure delivery on agreed time lines and Service Level Agreements
Meet set turnaround times while ensuring own availability, reliability and accuracy
Propose improvements on internal processes that impacts service levels and customer satisfaction within area of accountability
Ensure own product knowledge and guidance provided is technically accurate and collects feedback to help improve customer service
Execute own work in accordance with the organisational values and code of ethics
Comply with and adhere to identified governance and compliance standards and escalate problems for investigation and resolution
Identify and escalate risk as normal part of work
Provide timeous reports on operations, performance and audit findings
Report on transactional activity progression within set guidelines to provide timely information for decision making in area of accountability Investigate new ways to optimise processes
Flag opportunities to migrate to platform and supports the use of technology in process and system improvements
Draw on knowledge and experience to identify and develop solutions that lead to improved service delivery and quality
Contribute to teamwork and inclusivity by working together to achieve team goals Value individual contributions and respects diversity in the team
Share information and knowledge that benefits the team
Seek out regular performance feedback and put actions in place to improve and enhance performance Identify activities to address own development gaps
Create own personal development plan and review plan with team leader or manager
Understand which competencies and skills are required to be mastered to ensure personal development and performance
Keep abreast of learning opportunities, changing products and trends
You will be an ideal candidate if you:
Type of Qualification: Post Graduate Degree
Field of Study: Mathematical Science, Mathematics of Finance, Actuarial Science, Financial Risk Management, Mathematical Statistics, Quantitative Finance or Risk Management, and Econometrics
Advantageous: FRM, PRM, CQF or CFA
2-3 years' experience and exposure to Market Risk, Global Markets or related Financial Risk functions would be beneficial.
Good understanding of Market Risk as a control function including proficiency in market risk identification, measurement, analysis and reporting.
Knowledge of Global Markets products, their valuations and the use of associated risk sensitivity measurements to inform risk-based decisions.
Intermediate coding, modelling and report building skills would be beneficial. Exposure to Market Risk regulations, including FRTB, would be advantageous.
Are you interested to take the step? We look forward to engaging with you further. Apply now!
Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it
We can be a match if you are:
Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to
You will have access to:
Opportunities to network and collaborate Challenging Working Opportunities to innovate
#post
#RMB
#LI-SP3
Job Details
Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
30/01/25
All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
You need to sign in or create an account to save a job.
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