Senior Financial Risk Manager

Placements24; Durban; Hybride; ZAR 1 200 000 - 1 800 000; Plein temps

Avantages offerts par ce poste

Performance incentives

Medical benefits

Retirement benefits

Hybrid work model

Professional development opportunities

Résumé du poste

A Durban-based financial services firm is seeking a Senior Financial Risk Manager to bolster its risk management capabilities. The role involves identifying, assessing, and mitigating market, credit, liquidity, and operational risks, and developing robust frameworks and policies.

You will lead risk modelling, stress testing, reporting to senior management and the board, and collaboration with business units to embed a strong risk culture.

Qualifications

• Master's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
• FRM or CFA certifications are highly advantageous.
• Minimum of 7 years of progressive experience in financial risk management within banking/finance.
• Strong understanding of Basel Accords and SARB regulations.
• Proven experience in developing and implementing risk models and methodologies.
• Excellent analytical, problem-solving, and communication skills.

Responsabilités

• Develop and maintain the company's risk management framework, policies, and procedures.
• Identify, assess, and quantify key financial risks (market, credit, liquidity, operational).
• Design and implement risk mitigation strategies and controls.
• Conduct regular risk assessments, stress testing, and scenario analysis.
• Monitor risk exposures and ensure compliance with regulatory requirements and internal risk appetite.
• Prepare comprehensive risk reports for senior management and the board of directors.
• Collaborate with various business units to embed a strong risk culture throughout the organization.
• Stay abreast of emerging risks and industry trends in financial risk management.
• Manage relationships with external auditors and regulators on risk-related matters.
• Mentor and guide junior members of the risk team.

Connaissances

Excel

Data analysis

Analytical thinking

Communication skills

Leadership potential

Formation

Master's degree in Finance, Economics, Mathematics, Statistics, or related quantitative field

Outils

Risk modeling software

Description du poste

About the Role

Our client, a rapidly growing financial services firm headquartered in **Durban, KwaZulu-Natal**, is looking for a Senior Financial Risk Manager to bolster its risk management capabilities. This pivotal role involves identifying, assessing, and mitigating various financial risks, including market risk, credit risk, and operational risk, across the organization. You will be instrumental in developing and implementing robust risk management frameworks and policies. The position is based in our modern **Durban** offices, offering a flexible hybrid work model that balances essential in-office collaboration with remote workdays. This is an excellent opportunity for a seasoned risk professional to make a substantial contribution to the stability and growth of a respected financial entity in the **Durban** area.

Key Responsibilities

• Develop and maintain the company's risk management framework, policies, and procedures.
• Identify, assess, and quantify key financial risks (market, credit, liquidity, operational).
• Design and implement risk mitigation strategies and controls.
• Conduct regular risk assessments, stress testing, and scenario analysis.
• Monitor risk exposures and ensure compliance with regulatory requirements and internal risk appetite.
• Prepare comprehensive risk reports for senior management and the board of directors.
• Collaborate with various business units to embed a strong risk culture throughout the organization.
• Stay abreast of emerging risks and industry trends in financial risk management.
• Manage relationships with external auditors and regulators on risk-related matters.
• Mentor and guide junior members of the risk team.

Requirements

• Master's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
• Professional certifications like FRM or CFA are highly advantageous.
• Minimum of 7 years of progressive experience in financial risk management within the banking or financial services sector.
• Strong understanding of financial markets, instruments, and regulatory frameworks (e.g., Basel Accords, SARB regulations).
• Proven experience in developing and implementing risk models and methodologies.
• Excellent analytical, problem-solving, and critical thinking skills.
• Proficiency in risk management software and tools; strong Excel and data analysis skills are essential.
• Effective communication and presentation skills, capable of conveying complex risk information to diverse audiences.
• Demonstrated leadership potential and team collaboration skills.
• Ability to manage multiple projects and meet tight deadlines.
• Must be comfortable with a hybrid work schedule, based in **Durban**.

Benefits

• Competitive salary package with performance-based incentives.
• Comprehensive medical and retirement benefits.
• Generous annual leave.
• Opportunities for professional development and certifications.
• Hybrid work model enhancing work-life integration.
• Be part of a growing and dynamic financial institution in **Durban**.
• Access to advanced risk management tools and resources.
• Supportive team environment focused on professional growth.