Risk Analyst - Financial Services

Placements24; East End (United States Virgin Islands); Hybrid; USD 21,000 - 42,000; Full time

Benefits offered by this job

Hybrid work arrangement

Competitive salary

Bonuses

Medical aid

Retirement fund

Job summary

Placements24 is seeking a highly analytical Risk Analyst for a client in Welkom, Free State. The role focuses on identifying and mitigating financial and operational risks, developing risk frameworks, and delivering insights to senior management.

The ideal candidate will conduct quantitative analyses, build risk models, and prepare reports while ensuring regulatory compliance. A strong background in finance or related quantitative fields and at least 4 years of relevant experience are required.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Minimum 4 years of experience in risk analysis, financial modeling, or a similar role within financial services.
• Strong understanding of risk management principles, methodologies, and tools.
• Proficiency in data analysis software and statistical modeling techniques.
• Excellent analytical, problem-solving, and communication skills.

Responsibilities

• Identify, assess, and monitor various financial and operational risks within the company.
• Develop and implement comprehensive risk management strategies and policies.
• Conduct quantitative analysis of financial data to model potential risk scenarios and their impact.
• Prepare detailed risk reports and present findings and recommendations to senior leadership.
• Ensure compliance with regulatory requirements related to risk management in the financial sector.

Skills

Data analysis

Statistical modeling

Analytical thinking

Communication skills

Education

Bachelor's degree in Finance, Economics, Mathematics, or related quantitative field

Tools

Excel

R/SAS

Job description

About the Role

Our client is seeking a highly analytical and experienced Risk Analyst to join their financial services division in Welkom . This role is integral to identifying, assessing, and mitigating financial and operational risks across the organization. You will develop and implement risk management frameworks, conduct risk assessments, and provide strategic insights to senior management to safeguard the company's assets and reputation. This is a critical position for an individual passionate about quantitative analysis and risk mitigation within the dynamic Free State financial landscape.

Key Responsibilities

• Identify, assess, and monitor various financial and operational risks within the company.
• Develop and implement comprehensive risk management strategies and policies.
• Conduct quantitative analysis of financial data to model potential risk scenarios and their impact.
• Prepare detailed risk reports and present findings and recommendations to senior leadership.
• Ensure compliance with regulatory requirements related to risk management in the financial sector.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Minimum of 4 years of experience in risk analysis , financial modeling, or a similar role within financial services.
• Strong understanding of risk management principles, methodologies, and tools.
• Proficiency in data analysis software and statistical modeling techniques.
• Excellent analytical, problem-solving, and communication skills.

Benefits

• Competitive salary and performance-related bonuses.
• Hybrid work arrangement for a balanced work-life integration.
• Comprehensive medical aid and retirement fund contributions.
• Opportunities for professional certifications and advanced training.
• A stimulating work environment with exposure to complex financial challenges.