ALM Risk Analyst

FirstRand Bank Limited; Sandton; Vor Ort; ZAR 600.000 - 900.000; Vollzeit

Zusammenfassung

FirstRand Bank Limited is seeking an ALM Risk Analyst: Projects to own change initiatives across the ALM Risk function, focusing on Broader Africa and foreign entities. You will translate regulatory and business requirements into sustainable processes, data solutions and system-enabled outcomes.

The role collaborates with ALM Risk, Treasury Risk Reporting, ALMA and technology teams to define requirements, coordinate implementation, validate outputs and transition solutions into BAU.

Qualifikationen

• Three to five years’ banking or financial risk experience.
• Experience translating regulatory requirements into processes and reporting.
• Experience in project coordination and delivery.

Aufgaben

• Own ALM risk projects from scoping to BAU transition.
• Interpret regulatory changes and assess impacts on reporting and controls.
• Design and coordinate technology-enabled solutions and testing.
• Stabilise and optimise ALM and regulatory reporting processes.
• Manage stakeholders across risk, finance, technology and in-country teams.
• Build knowledge transfer materials and provide training.

Kenntnisse

SQL

Python

Power BI

Power Query

Analytical thinking

Documentation

Ausbildung

Postgraduate degree in Finance or Risk Management or Commerce or Auditing

Tools

Data analysis tools

Jobbeschreibung

Job Description

The ALM Risk Analyst: Projects is responsible for owning and delivering assigned change initiatives across the ALM Risk function, with a focus on to Broader Africa and foreign entities. The role translates regulatory, risk-management and business requirements into sustainable processes, reporting capabilities, data solutions and system-enabled outcomes.

The analyst works across ALM Risk, Treasury Risk Reporting, ALMA, technology teams, business units and Broader Africa entities to define requirements, coordinate implementation, perform user acceptance testing, validate outputs and transition completed solutions into controlled business-as-usual processes. A key objective of the role is to improve the scalability, repeatability and resilience of ALM risk processes. This includes reducing manual intervention and key-person dependency, strengthening documentation and controls, standardizing common reporting components, and building capability through training, knowledge transfer and cross-skilling.

Project ownership and delivery

• Own assigned ALM risk projects from initial scoping through implementation and transition into business as usual.
• Define project objectives, scope, deliverables, milestones, dependencies, risks and measures of success.
• Develop and maintain implementation plans and proactively monitor delivery progress.
• Identify project overlaps and dependencies and coordinate these across the relevant workstreams.
• Escalate delivery risks and initiate appropriate corrective action.
• Maintain appropriate project governance, including status reporting, issue logs, decision records and implementation evidence.

Regulatory interpretation and risk analysis

• Interpret new and amended regulatory requirements across South Africa and relevant Broader Africa jurisdictions.
• Assess the effect of regulatory change on ALM risk measurement, reporting processes, systems, data and controls.
• Translate regulatory and risk-management requirements into clear business and functional requirements.
• Assess the balance-sheet and risk-measurement implications of proposed process, model or system changes.
• Provide guidance on existing ALM regulatory reporting requirements.

Solution design and implementation

• Document current and target-state processes and perform business-process impact assessments.
• Develop business requirements for technology-enabled solutions.
• Coordinate solution design with ALM Risk, Treasury Risk Reporting, ALMA, technology and other affected stakeholders.
• Plan and execute user acceptance testing and maintain evidence of test coverage and outcomes.
• Validate the completeness and reasonableness of results produced by implemented solutions.
• Coordinate implementation, post-implementation review and formal transition into business as usual.

Reporting stabilisation and optimisation

• Identify opportunities to simplify, standardise and automate ALM and regulatory reporting processes.
• Promote the use of common data sources, mappings, calculation logic and controls across related regulatory reports.
• Develop exception-based monitoring and reporting approaches that identify material data or risk movements promptly.
• Reduce manual intervention and improve the repeatability, resilience and auditability of reporting processes.
• Support the development of readily available dashboards and decision-useful risk information.

Stakeholder management

• Build effective working relationships across ALM Risk, Treasury Risk Reporting, ALMA, technology, business units and in-country risk teams.
• Ensure appropriate stakeholder involvement and alignment throughout the project lifecycle.
• Manage expectations through clear communication of scope, progress, risks, decisions and delivery timelines.
• Work with Internal Audit, Compliance and assurance functions to demonstrate the effectiveness of relevant controls and incorporate feedback into process improvements.

Capability building and knowledge transfer

• Produce operating procedures, process maps, control documentation, training material and user guidance for implemented solutions.
• Facilitate formal training and practical knowledge-transfer sessions across relevant jurisdictions and teams.
• Design processes that can be maintained by more than one appropriately trained team member.
• Support cross-skilling and succession coverage for critical processes.
• Ensure that project knowledge and lessons learned are retained and reusable.

Experience and Skills Essential

• Three to five years’ relevant experience in banking, financial risk, regulatory reporting, business analysis or project delivery.
• Working knowledge of bank balance sheets, ALM risk and Basel-based regulatory requirements.
• Experience translating business or regulatory requirements into processes, functional requirements or reporting solutions.
• Experience in project coordination or project delivery, including managing milestones, dependencies, risks and stakeholders.
• Experience in process mapping, business-process analysis, testing and implementation.
• Strong analytical, problem-solving, communication and documentation skills.
• Ability to work across risk, finance, reporting, technology and business teams.
• Experience with SQL, Python, Power BI, Power Query or similar data and automation tools.

Advantageous

• Experience in liquidity risk, interest-rate risk in the banking book, regulatory reporting or Treasury Risk.
• Experience with BA returns, LCR, NSFR or related ALM reporting.
• Change-management, consulting, advisory or auditing experience.
• Experience supporting the implementation or operationalization of financial risk models.
• Experience working across multiple jurisdictions.

Qualifications

Post Graduate Degree or an Honours Degree in Finance or Risk Management or a Commerce discipline or Auditing.

Important Closing Date Note

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 12/11/26.

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.

FirstRand provides a comprehensive range of financial services in South Africa and certain markets in broader Africa. The group also offers certain niche products and services in the UK and India.

Listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), FirstRand Limited is the largest financial institution by market capitalisation in Africa.

The group follows a multi-branding approach. Its portfolio of financial services businesses includes FNB, RMB, WesBank, Ashburton Investments, Aldermore, MotoNovo and DirectAxis. Many are leaders in their respective segments and markets, offering transactional, lending, investment and insurance products and services.

The FirstRand Corporate Centre houses many of the critical functions required by a large and complex financial services group. The group's track record of delivering superior returns to shareholders has been achieved through a combination of organic growth, acquisitions, innovation and the creation of completely new businesses.

The group’s purpose of delivering Shared Prosperity provides many opportunities for employees to innovate to address social and environmental challenges in our markets.

All of our businesses have successful Volunteering programmes which also allow employees to adopt and support causes close to their hearts.