Senior Risk Manager - Financial Markets

Placements24; Durban; Hybrid; ZAR 1,200,000 - 1,900,000; Full time

Benefits offered by this job

Competitive salary

Annual bonus

Health, dental, and vision insurance

Retirement plan with company match

Remote-first environment

Professional development programs

Access to risk management tech

Wellness initiatives

Job summary

Financial Institution is seeking an experienced Senior Risk Manager to oversee financial markets risk operations in a fully remote role. Lead the development of risk frameworks, monitor market exposures, and ensure regulatory compliance with Basel III and related frameworks.

You will collaborate with trading desks, portfolio managers, and senior management to implement robust risk controls and models, driving strategic risk decisions in a flexible remote environment.

Qualifications

• Master's degree in a quantitative field and 7+ years of risk management experience.
• Deep knowledge of financial markets, instruments and trading strategies.
• Proficiency in quantitative analysis and statistical modeling.
• Experience with risk management systems such as Murex, Calypso and Bloomberg.

Responsibilities

• Develop and implement risk management frameworks for financial markets.
• Monitor market risk exposures including interest rate, currency and equity risks.
• Assess and manage credit risk exposures arising from transactions and counterparties.
• Evaluate liquidity risk to ensure obligations are met.
• Maintain risk models, metrics and KRIs.
• Conduct stress testing and scenario analysis for resilience.
• Provide risk reporting to management and regulators.
• Collaborate with trading, operations and tech teams on controls and systems.
• Stay updated on Basel III and other regulatory changes.

Skills

Financial markets knowledge

Risk management principles

Statistical modeling

Leadership

Regulatory compliance

Communication

Education

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

Tools

Murex

Calypso

Bloomberg

Job description

About the Role

Our client, a prominent financial institution, is seeking an experienced Senior Risk Manager to oversee their financial markets risk operations. This is a fully remote position, allowing you to contribute to our client's success from the comfort of your own home. You will be responsible for identifying, assessing, and mitigating various risks associated with the financial markets, including market risk, credit risk, and liquidity risk. This role requires a deep understanding of financial instruments, trading strategies, and regulatory frameworks. You will collaborate with trading desks, portfolio managers, and senior management to develop and implement robust risk management policies and procedures. The ideal candidate is analytical, detail-oriented, and possesses strong leadership qualities. This is an excellent opportunity to make a significant impact within a leading financial organization, working in a flexible, remote-first environment that fosters innovation and professional growth.

Key Responsibilities

• Develop and implement comprehensive risk management frameworks and strategies for financial markets.
• Monitor and analyze market risk exposures, including interest rate, currency, and equity risks.
• Assess and manage credit risk exposures arising from financial transactions and counterparty relationships.
• Evaluate and manage liquidity risk to ensure the firm meets its financial obligations.
• Develop and maintain risk models, metrics, and Key Risk Indicators (KRIs).
• Conduct stress testing and scenario analysis to evaluate the firm's resilience to adverse market conditions.
• Provide timely and accurate risk reporting to senior management and regulatory bodies.
• Collaborate with trading, operations, and technology teams to implement risk controls and systems.
• Stay informed about regulatory changes and ensure compliance with relevant frameworks (e.g., Basel III).

Requirements

• Master's degree in Finance, Economics, Mathematics, or a related quantitative field.
• Minimum of 7 years of progressive experience in financial risk management.
• In-depth knowledge of financial markets, instruments (e.g., derivatives, fixed income), and trading strategies.
• Strong understanding of risk management principles, methodologies, and regulatory requirements.
• Proficiency in quantitative analysis and statistical modeling techniques.
• Experience with risk management systems and software (e.g., Murex, Calypso, Bloomberg).
• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership and team management capabilities.
• Exceptional communication and presentation skills, with the ability to articulate complex risk issues clearly.

Benefits

• Highly competitive salary and annual bonus structure.
• Comprehensive health, dental, and vision insurance.
• Generous retirement savings plan with company contributions.
• Flexible work arrangements and a supportive remote work environment.
• Professional development programs and continuous learning opportunities.
• Access to state-of-the-art risk management technology.
• Opportunity to shape risk policies and influence strategic decisions.
• Employee assistance program and wellness initiatives.