Financial Risk Analyst

On Point Hr & Talent Solutions; Gauteng; On-site; ZAR 400 000 - 600 000; Full time

Job summary

A financial solutions provider in Gauteng is seeking an experienced Financial Risk Analyst to support risk management across various products. The ideal candidate will have a degree in a quantitative discipline and 2-4 years of relevant experience. Responsibilities include data analysis, model development, and reporting to stakeholders. This role offers an opportunity to engage in cross-functional teams to influence financial strategies.

Qualifications

• 2 - 4 years of relevant experience within a quantitative role.
• Experience in vehicle asset finance or banking is advantageous.

Responsibilities

• Extract data from established databases.
• Create and maintain Excel-based models.
• Analyze data to minimize potential financial losses.
• Make mitigating recommendations based on risk analysis.
• Report and present findings to stakeholders.

Skills

Data analysis

Model development

Risk assessment

Stakeholder engagement

Education

Degree in Quantitative Finance, Mathematics, Statistics or equivalent

Tools

Excel

Job description

The Financial Risk Analyst will support the Financial Risk Manager and Residual Value Asset Manager on all areas of execution within the Financial Risk Management portfolio across Retail, Wholesale, and Fleet products. From a residual value perspective, the person will be responsible for assisting with the collection of data as well as the analysis of such data to form trends and future value data.

Over time the person will be expected to make additional assumptions and have a full understanding of the second‑hand car market in order to influence models as well as assumptions.

, using the information to provide detailed market insights in various formats.

The person would be expected to assist with some administrative functions regarding termination of contracts and selling of assets. Although most of the technical credit risk work is performed by company partner, there still needs to be oversight and input into their Credit Risk Management since Credit is the main driver of the business and the incumbent should be able to challenge input, assumptions, and results of Credit Risk models and Credit Analytics. The incumbent needs to understand how the credit models, produced by company partner, function and change in response to changing macroeconomic conditions and portfolio behaviour.

The incumbent further needs to be comfortable developing in-house models to examine other risk types, including, for example, residual value risk. The incumbent will be responsible for the delivery of credit risk‑based analytics to support Credit Risk strategies and decision making, acquisition strategy, company risk appetite and portfolio risk tolerance. The incumbent will be responsible for collating information and producing financial risk management reports, standard and ad hoc analytics on available data to support the risk and finance decision making strategies within the business and for providing support on other types of Financial Risks such as Interest rate risk, Liquidity risk, Earnings risk and Shareholder risk. Minimum RequirementsQualification

Minimum Requirements

• Degree in a quantitative discipline such as Quantitative Finance, Mathematics, Statistics or equivalent, or other relevant financial degree.Experience
• Minimum 2 - 4 years of relevant experience within a quantitative role
• Vehicle asset finance or banking experience would be advantageous

Role Outputs

• Extraction of data from established databases
• Creation and / or maintenance of Excel‑based models
• Analysis of data within a given framework to minimise potential financial losses
• Analysis of risk to organisation and make mitigating recommendations
• Analysis, reporting, and presenting to various internal / external stakeholders
• Engage in cross‑functional relationships / teams in order to obtain and to provide work support
• Ensure customer excellence through interaction with internal / external stakeholders throughout all business activities
• Ensure continuous process improvement to enable effective operational processes
• Identify and participate in planned activities that are appropriate for own personal and career development
• Support management with administrative tasks (e.g. taking meeting minutes)