Risk Specialist (Asset and Liability Management)

Capitec Bank Ltd.; Sandton; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A leading bank in South Africa is seeking an experienced Risk Specialist for Asset and Liability Management. The ideal candidate should have 4+ years in banking with strong skills in liquidity and interest rate risk management, along with quantitative experience. This role involves developing ALM frameworks and collaborating with key teams to optimize financial strategies. Join us in our mission to build the best bank in the world!

Qualifications

• Minimum 4 years’ experience in banking, specifically in treasury risk or balance sheet management.
• Exposure to ALM functions and liquidity risk management.
• Experience in financial and statistical modelling.

Responsibilities

• Develop and maintain ALM frameworks, policies, and procedures.
• Perform stress testing and scenario analysis for financial resilience.
• Collaborate with teams to optimize funding and capital strategies.

Skills

Treasury risk expertise

Liquidity Risk management

Interest Rate Risk management

Data analysis

Quantitative skills

Project management

Job description

Risk Specialist (Asset and Liability Management)

Join Us in Becoming the Best Bank in the World!!

We appoint energized and motivated people for their potential and continuously look for talented, driven individuals to help us innovate and evolve. That is why we focus on finding the right people for the right jobs. We love what we do because we focus on making a positive difference for our clients and employees. Our company DNA is built around talented and committed teams dedicated to building a brand that we are proud of and earns the trust of our clients.

Who We Are

We are a bank, but we’re much more than that. We believe that banking is about enabling people to control their financial lives through banking that is simplified, accessible, affordable and delivered through a personal experience. By helping our clients manage their financial lives better, we enable them to live better.

Why Choose Us

At Capitec, we offer our best by living up to our CEO values in every situation – we always put the client first, act with energy and take ownership. And to support people in being their best, our Employee Value Proposition offers every value to all team members through cohesive teams, growth opportunities as well as employee benefits and savings. We make it a priority to ensure that each member of the Capitec team feels welcome, valued, focused, and has the opportunity to grow.

Main Purpose

We are seeking an experienced and analytical Risk Specialist to become part of our Risk Management team, with a primary focus on Asset & Liability Management (ALM). The role involves identifying, measuring, monitoring, and reporting on liquidity risk, interest rate risk, and funding strategies to ensure compliance with regulatory requirements and alignment with the bank’s risk appetite. You will provide quantitative expertise by developing and maintaining models, as well as delivering forward-looking insights into balance sheet risks.

As Risk Specialist your primary responsibilities will include:

• Develop and maintain ALM frameworks, policies, and procedures.
• Oversight of Liquidity Risk and Interest Rate Risk in the Banking Book.
• ALM modelling and generating insights.
• Perform stress testing and scenario analysis to assess financial resilience.
• Collaborate with Treasury, Finance, and Risk teams to optimize funding and capital strategies.
• Prepare ALM reports for senior management and regulatory bodies.
• Support ICAAP processes and contribute to regulatory submissions.

The ideal candidate will have:

• Minimum 4 years’ experience working in a banking environment, specifically in treasury risk or balance sheet management.
• Prior exposure to ALM (Asset and Liability Management) functions.
• Strong background in Liquidity Risk and Interest Rate Risk in the Banking Book (IRRBB).
• Quantitative experience, including developing or maintaining models and providing forward-looking forecasts of balance sheet risks.
• Financial and statistical modelling.
• Risk management and regulatory compliance.
• Data analysis and automation.
• Project management and stakeholder engagement.

If you are interested in being part of this dynamic team, on a mission to build the best bank in the world through unlocking the potential of its people, please apply. We would love to hear from you!

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.

Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec Bank Limited Reg. No: 1980/003695/06