Financial Risk Manager

Top Talent Professional Services; Johannesburg; On-site; ZAR 500,000; Full time

Job summary

A financial services firm in Johannesburg is seeking a Financial Risk Manager. The ideal candidate will manage financial risk activities, including valuation and pricing of derivatives, and must have an Honours Degree in Finance or Commerce. Strong communication skills and a solid understanding of financial markets are essential. Expect to work 8-hour days with flexibility for client needs.

Qualifications

• Experience in financial risk management.
• Good numeric and financial mathematics skills.
• Strong analytical and report writing skills.

Responsibilities

• Manage client financial risk management activities.
• Monitor and report financial risks to clients.
• Valuate derivatives and execute hedging strategies.

Skills

Financial risk management

Microsoft Excel

Communication skills

Derivatives pricing

Programming languages (e.g. VBA)

Education

Honours Degree in Finance/Commerce

CFA

FRM

Job description

Key responsibilities

Managing client financial risk management activities

Risk monitoring and reporting (internal and external to clients)

Development, maintenance and improvement of risk reports

Maintenance of market rates environment

Monitor and understand financial markets for opportunities / threats that affect client portfolios

Valuation of derivatives

Pricing and execution of hedging strategies (commodities, FX, interest rates) in accordance with client policies and procedures

Assist Front Office team with derivative pricing

Assist Back Office area with queries on transactions

Market research and producing market update reports (commodities FX and interest rates) for client meetings

Key Skills

Knowledge of the price / market risk management process, risk measurement and reporting

Working knowledge of the corporate treasury environment and the process flow between front, middle and back office

Working understanding of macro-economics and business environment

Business acumen

Knowledge of programming languages (e.g. VBA, etc.)

Mathematical abilities

Good numeric and financial mathematics skills

Derivative pricing knowledge

Thoroughness and accuracy

Report writing / composition

Working Hours

Expected to work average 8 hours working day, but dependent on clients / business needs

Should be willing to work odd hours (early mornings and late evenings) when required by clients in time zones other than CAT

Should be willing to work on special projects where large volumes of work are handled in short periods of time, including weekends. These occur rarely

Should be willing to put in extra time / effort to assist other team members during busy periods

Interpersonal skills

Team player

Communicate with confidence and authority when interacting with clients, which would usually be senior people in companies (e.g. Treasurer, Financial Manager, FD / MD)

Calm under pressure

General

Subscribe to highest ethical and professional standards

Committed

Curious

Innovative

Willing and keen to learn

Enjoy working with numbers

Should have own reliable means of transport

Reliable internet access for remote working

Qualifications, Skills & Experience :

Honours Degree in Finance / Commerce and / or CFA, FRM

Financial Risk Management experience

Excellent working knowledge of Microsoft Excel

Excellent communication skills

Salary - R500 000pa CTC