(1014) Markert Risk Analyst

South African Reserve Bank; Pretoria; On-site; ZAR 60 000 - 100 000; Full time

Job summary

An established industry player is seeking a Market Risk Analyst to oversee compliance and risk management practices. This role involves evaluating internal models, benchmarking against best practices, and developing analytical methods for regulatory data analysis. The ideal candidate will have a strong background in quantitative fields, with a postgraduate degree and extensive experience in banking or financial regulation. Join a dynamic team where your expertise will contribute to shaping risk management policies and practices within the financial sector, making a significant impact on the industry.

Qualifications

• 5-8 years of experience in banking or financial regulation.
• Postgraduate degree in a quantitative field required.

Responsibilities

• Monitor industry exposure and compliance with regulations.
• Develop analytical methods for risk-based regulatory data analysis.
• Conduct thematic reviews on risk types.

Skills

Risk Management

Data Analysis

Regulatory Compliance

Financial Mathematics

Quantitative Analysis

Education

Postgraduate degree in Banking

Postgraduate degree in Data Science

Postgraduate degree in Finance

Job description

Job title: (1014) Market Risk Analyst

Job Location: Gauteng, Pretoria

Deadline: May 28, 2025

Detailed Description

The successful candidate will be responsible for the following key performance areas:

1. Understand institutions’ strategies and business models in relevant environments related to the risk types.
2. Monitor industry exposure and compliance with regulations concerning these risk types.
3. Benchmark institutions’ risk management practices against best practices.
4. Evaluate internal models for managing these risk types.
5. Provide specialist input to supervision and policy development regarding risk types.
6. Develop analytical methods for risk-based regulatory data analysis.
7. Participate in capital and fund requirement assessments.
8. Contribute to risk-based meetings with institutions and auditors.
9. Conduct thematic reviews on risk types.
10. Inform RSD of banks’ aggregate behavior related to risk types.
11. Develop and maintain regulations and instructions for statutory risk management requirements.
12. Create internal policies and processes for supervising risk types.
13. Participate in international and domestic forums on regulations for risk types.
14. Promote understanding of risk types concepts and developments throughout the PA.

Job Requirements

Candidates must possess:

• A postgraduate degree (NQF 8) in Banking, Computer Science, Data Science, Economics, Finance, Mathematics, Statistics, or other relevant quantitative fields.
• 5–8 years of applicable experience in banking, insurance, or financial regulation related to risk types.
• Preference for candidates with financial mathematics or financial engineering postgraduate qualifications.

Additional Advantages

• Chartered Financial Analyst (CFA)
• Financial Risk Manager (FRM)
• Certificate in Quantitative Finance (CQF) or similar certification
• Master of Business Administration (MBA) or other relevant master's-level degree