Senior Risk Analyst

Placements24; South Africa; Remote; ZAR 1,000,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary

Fully remote work

Professional development allowance

Job summary

Placements24 is seeking a Senior Risk Analyst for a fully remote team. You will identify, assess, and mitigate market, credit, and operational risks, developing advanced risk models to protect assets and ensure regulatory compliance.

Ideal candidates have a Master's in a quantitative field, 5+ years in risk or quantitative analysis, and strong Python/R skills, with the ability to work independently in a remote environment.

Qualifications

• Master's degree in Finance, Economics, Statistics, Mathematics or related quantitative field.
• Minimum 5 years of experience in risk management or quantitative analysis.
• Strong proficiency in statistical software (R, Python) and financial modeling techniques.

Responsibilities

• Analyze and quantify potential risks across business units and financial products.
• Develop, test, and implement statistical and financial risk models.
• Monitor risk exposures and ensure alignment with risk appetite.
• Prepare risk reports and present findings to senior management.
• Stay updated with regulatory changes and emerging risks.
• Collaborate with cross-functional teams to implement mitigation strategies.
• Contribute to the firm's risk management framework.

Skills

Risk analysis

Statistical modeling

Python

R

Communication

Problem solving

Education

Master's degree

Tools

Statistical software

Job description

About the Role

Our client is seeking a highly analytical and detail-oriented Senior Risk Analyst to join their dynamic, fully remote team. This role is pivotal in identifying, assessing, and mitigating various risks across the organization, including market risk, credit risk, and operational risk. You will develop and implement sophisticated risk management models and strategies to protect the company's assets and ensure regulatory compliance. This is an excellent opportunity for a seasoned professional to contribute to robust risk governance in a flexible, remote-first environment, ensuring the financial integrity and security of the institution from anywhere.

Key Responsibilities

• Analyze and quantify potential risks across different business units and financial products.
• Develop, test, and implement statistical and financial risk models.
• Monitor risk exposures and ensure they remain within established risk appetite limits.
• Prepare detailed risk reports and present findings and recommendations to senior management.
• Stay current with industry best practices, regulatory changes, and emerging risks.
• Collaborate with cross-functional teams to implement risk mitigation strategies.
• Contribute to the development and enhancement of the firm's overall risk management framework.

Requirements

• Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Minimum of 5 years of experience in risk management, quantitative analysis, or a related field within financial services.
• Strong proficiency in statistical software (e.g., R, Python) and financial modeling techniques.
• Deep understanding of financial markets, instruments, and risk management principles.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently and collaboratively in a remote team setting.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive health, dental, and vision insurance.
• Generous paid time off and professional development allowance.
• Fully remote work arrangement providing significant flexibility.
• Opportunity to work on challenging risk analytics projects with a high degree of autonomy.