Market Risk - Manager

EY; Johannesburg; On-site; ZAR 200,000 - 300,000; Full time

Job summary

A leading global consulting firm in Johannesburg seeks a qualified professional to join their Financial Services Risk Management team, focusing on market risk valuations. The ideal candidate will have significant experience in client engagement and technical proficiencies in VBA, R, or Python. Opportunities for personal development and flexible working conditions are provided.

Benefits

Support and coaching from colleagues

Opportunities to develop new skills

Freedom and flexibility in role management

Qualifications

• Minimum of 5 years relevant working experience.
• Professional qualification (CFA/FRM/PRM/FIA/FASSA) is a plus.

Responsibilities

• Work within a team providing market risk valuation advice.
• Participate in and lead client engagements.
• Develop informed views on industry issues.
• Manage accounts and identify new client opportunities.

Skills

VBA

R

Python

Education

Relevant Honours or Masters degree

Job description

The opportunity

The opportunity We are looking to expand our Financial Services Risk Management – Quantitative Advisory Services (QAS) team. QAS focusses on providing credit risk, market risk and data science solutions to banking, insurance and other corporate clients. Our services cover statutory, regulatory and other quantitative areas from both a consulting and an assurance perspective. The role will focus on market risk valuations.

Your key technical responsibilities

The successful applicant will work within a team which offers our clients advice and hands on assistance with issues such as :

• IFRS 13 fair value measurement focussing on the valuation of exotic derivatives across a range of underlying asset classes and the valuation of fixed income and money market instruments
• IFRS 2 share-based payment and BEE deal valuation
• xVA modelling (credit and debit valuation adjustment, funding valuation adjustment, etc.)
• IRRBB and FRTB regulatory compliance
• Alternative reference rate transition

Your client and business responsibilities

• Participate in and lead client engagements
• Manage the build and delivery of client solutions, based on knowledge of clients’ agendas
• Develop informed views for clients on the implications of current and anticipated industry issues
• Assist with new business sales through proactively managing accounts, identifying new client opportunities and playing a role in developing and driving sales campaigns
• Maintain an educational program to continually develop your own personal skills
• Develop people through effectively supervising, coaching and mentoring all junior levels of staff
• Provide learning and growth opportunities to staff and encourage the potential within all staff to take on challenging opportunities
• Conduct performance reviews and contribute to performance feedback for junior levels of staff
• Contribute to people initiatives including recruiting, retaining and training QAS professionals

To qualify for the role, you must have :

• Qualifications : Relevant Honours or Masters (MCom / MSc / MPhil) level degree
• Professional qualification (CFA / FRM / PRM / FIA / FASSA) a plus
• A minimum of 5 years relevant working experience
• Proficiency in VBA, R or Python

What working at EY offers

As one of our valued employees in EY, you get to work on inspiring, meaningful and challenging projects. Our focus is education and coaching alongside practical experience to ensure your personal development. At EY we value our employees and you will be able to control your own development with an individual progression plan. You will quickly grow into a responsible role with challenging and stimulating assignments. In addition to these, you will be part of an interdisciplinary environment that encourages high quality and knowledge exchange. Furthermore, we offer excellent working conditions, in a stimulating, inclusive and enjoyable environment. We offer :

• Support, coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you

About EY

As a global leader in assurance, tax, consulting, strategy and transaction services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.