Senior Financial Risk Analyst

Placements24; Bloemfontein; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Medical aid

Retirement annuity

Professional development

Performance bonus

Job summary

Placements24 in Bloemfontein invites a Senior Financial Risk Analyst to join our established financial services client. You will identify, assess, and manage market, credit, operational and liquidity risks, develop risk management frameworks, and perform stress tests to safeguard financial health.

The role requires a strong analytical mindset, experience with VaR and credit risk models, and the ability to translate complex risk data into actionable insights for senior management.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Statistics or related field.
• A Master's degree is advantageous.
• Minimum of 5 years of experience in financial risk analysis or related role.
• Strong understanding of financial markets, instruments and risk management.

Responsibilities

• Analyze financial data and market trends to identify and assess potential financial risks.
• Develop, implement, and monitor risk management policies and procedures.
• Conduct stress testing and scenario analysis to evaluate impact of adverse market conditions.
• Assist in development and validation of risk models (VaR, credit scoring).
• Prepare detailed risk reports and presentations for senior management and regulators.
• Collaborate with departments to ensure effective risk mitigation strategies.
• Monitor regulatory changes and ensure compliance with risk regulations.
• Contribute to continuous improvement of risk management processes and systems.
• Support development of risk appetite frameworks and KRIs.

Skills

Analytical thinking

Problem-solving

Communication

Organizational skills

Detail-oriented

Education

Bachelor's degree in Finance/Economics/Math/Stats

Master's degree advantageous

Tools

Excel

SQL

R

Python

Job description

About the Role Our client, a well-established financial services firm based in Bloemfontein, Free State , is seeking a skilled Senior Financial Risk Analyst. This role is integral to safeguarding the company's financial health by identifying, assessing, and managing various financial risks, including market, credit, operational, and liquidity risks. You will be responsible for developing and implementing risk management frameworks, conducting stress tests, and contributing to strategic risk mitigation efforts. The ideal candidate will possess a strong analytical mindset, a thorough understanding of financial markets and instruments, and the ability to translate complex risk data into actionable insights for senior management. Join a dedicated team committed to maintaining robust risk management practices in Bloemfontein .

Key Responsibilities

• Analyze financial data and market trends to identify and assess potential financial risks.
• Develop, implement, and monitor risk management policies and procedures.
• Conduct stress testing and scenario analysis to evaluate the impact of adverse market conditions on the company's financial position.
• Assist in the development and validation of risk models, including VaR and credit scoring models.
• Prepare detailed risk reports and presentations for senior management and regulatory bodies.
• Collaborate with various departments to ensure effective risk mitigation strategies are in place.
• Monitor regulatory changes and ensure compliance with relevant financial risk regulations.
• Contribute to the continuous improvement of risk management processes and systems.
• Support the development of risk appetite frameworks and key risk indicators (KRIs).

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related field.
• A Master's degree is advantageous.
• Minimum of 5 years of experience in financial risk analysis, management, or a related role.
• Strong understanding of financial markets, instruments, and risk management principles.
• Proficiency in data analysis tools and techniques, including Excel, SQL, and statistical software (e.g., R, Python).
• Experience with risk modeling methodologies such as Value-at-Risk (VaR) and credit risk modeling.
• Excellent analytical, problem-solving, and quantitative skills.
• Strong communication and presentation skills, with the ability to convey complex information clearly.
• Detail-oriented with a high degree of accuracy and organizational ability.
• Familiarity with regulatory requirements in the financial services industry is a plus.

Benefits

Our client offers a competitive salary commensurate with experience, along with an annual performance bonus. Benefits include comprehensive medical aid coverage, a substantial retirement annuity, and opportunities for professional development and further qualifications. The role is based in modern offices in Bloemfontein , offering a supportive and collaborative work environment. This is an excellent opportunity for a motivated risk professional to advance their career within the Free State province.