Risk Manager

Weplace (Pty) Ltd; Johannesburg; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading Financial Institution is seeking a Risk Manager to implement and maintain risk management infrastructure. This role involves measuring, monitoring, and reporting on credit, liquidity, and market risks while developing performance measures and regulatory compliance. Candidates should possess a degree in Risk and extensive experience in risk management, ideally with a quantitative focus. This position requires strong analytical skills and the ability to build relationships within the industry.

Qualifications

• 5 years of risk management experience in trading or market risk.
• Experience in quantitative analysis methodologies.
• Familiarity with regulatory standards and capital calculations.

Responsibilities

• Implement and maintain risk management infrastructure.
• Measure, monitor, and report on various risks.
• Build strategic industry relationships and manage stakeholder expectations.

Skills

Risk management

Quantitative analysis

Stakeholder relationship management

Data analysis

Education

Degree in Risk

Post-graduate Degree in Financial Quantitative field

Job description

Reference: JHB

SS-5 Our client, a leading Financial Institution is looking for a Risk Manager to implement and maintain a robust credit, liquidity, counterparty credit and market risk management infrastructure.

Duties & Responsibilities

Purpose: To implement and maintain a robust credit, liquidity, counterparty credit and market risk management infrastructure and perform quantitative functions to maintain market integrity and report on risks.

Business and Financial Result Delivery: Provide strategic thinking and contributions to crafting of departmental business plan based on professional knowledge and experience, to ensure delivery of focus areas for the year in support of departmental strategy. Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets. Provide relevant input into the formalisation for the divisional budget. Implement a robust risk management plan by identifying weaknesses in the current framework, researching possible solutions, quantifying impact of the solution and finally presenting to governance committees to mitigate risks.

Measure performance by identifying and managing exposures to mitigate and minimise impact to the company and market participants. Measure, monitor and report on credit, liquidity, counterparty credit and market risks and to mitigate risks on a per risk basis. Develop performance measures of risk mitigation. Propose solutions by analysing risks using industry best practices, experience, and mathematical skills to develop a risk framework. Assess and efficiently implement regulatory standards and requirements regarding settlement assurance. Ensure systems, products or projects delivered contribute to improve client service by providing input on budgets, resources required, and process based on the understanding of costs, business objectives and relationship with external suppliers and stakeholders.

Stakeholder Relationship Management: Build strategic industry/global network of thought leaders and relationships utilising social media, attending conferences and training interventions. Manage stakeholder relationships by understanding new products, investigating risks, and advising on best solutions to consistently meet client's needs. Build and maintain networks across the company by gaining information on existing and new products and assessing the risks thereof. Provide risk monitoring tools such as dashboards, logs and escalating when necessary.

Process Performance Management: Deliver work consistently by identifying, monitoring, measuring, managing, and reporting on market, credit, counterparty credit, and liquidity risk by measuring and analysing exposures, coming up with potential future scenarios and quantifying the impact those scenarios can have on the company, its clearing members, and clients. Manage own delivery against set delivery plan and set timelines, identify obstacles to delivery and take appropriate action where required. Identify risks for stakeholders and the company by applying first‑principles and using thresholds and limits and historical information. Apply and entrench risk management frameworks and regularly conduct independent evaluations against performance thereof and report back to the board by reporting exposures and the business's performance against the same. Conduct bank capital calculations and regulatory and economic capital quantification for the company to ensure they stay solvent. Liaise with regulators to respond to regulatory queries, comment on draft regulations and reporting to regulators.

Qualifications and Experience

Degree in Risk (Essential). Post‑graduate (Honours/Masters) Degree in a Financial Quantitative field (Preferred). 5 years risk management experience in a trading, investments, quantitative or market risk environment.