Senior Risk Manager : Risk Governance And Portfolio Management(18-Months Fixed Term Contract)

Adcorp Group; Gauteng; On-site; ZAR 700 000 - 900 000; Full time

Job summary

A financial services company in Gauteng is seeking an experienced Portfolio Manager to oversee portfolio management and reporting. The ideal candidate will have 8 to 10 years in Credit Risk or Finance, strong analytical skills, and a postgraduate qualification. Responsibilities include trend analysis and ongoing credit monitoring, along with monthly reporting to senior management.

Qualifications

• 8 to 10 years' relevant experience in Credit Risk, Finance, or Investment Banking.
• Portfolio management experience is essential.
• Knowledge of regulations and compliance requirements.
• Excellent analytical and communication skills.

Responsibilities

• Produce trend analysis reports and sector risk reviews.
• Perform proactive ongoing credit monitoring and risk management.
• Monitor performance against Board approved risk appetite levels.
• Recommend stress testing of the book against risk parameters.
• Develop and prepare statistics and report on portfolio trends.

Skills

Credit Risk Analysis

Financial Reporting

Analytical Skills

Communication Skills

Education

B Com Honours or equivalent postgraduate qualification

CFA (added advantage)

Job description

JOB DESCRIPTIONResponsible for Portfolio Management and Reporting within the organisationQUALIFICATIONSB Com Honours, CA or equivalent post graduate qualifications.CFA an added advantage

JOB EXPERIEN

• CE8 to 10 year's relevant experience in Credit Risk / Finance / Investment Banking in a financial institution.Portfolio management experienceKnowledge and understanding of credit risk and any associated risks prevalent in the financing of transactions / projects will be an advantageExcellent analytical, verbal and written communication skillsPreferred knowledge of regulations and compliance requirement
• s.ROLES AND RESPONSIBILIT
• IESProduce trend analysis reports and sector risk reviews and run sensitivities for concentrations and deviations to expected performance, and recommend strategies to keep the risk within acceptable levels.Perform proactive ongoing credit monitoring and risk management at a portfolio level and recommend strategies to keep portfolio risks within stipulated acceptable levels.Monitor and report on the performance against the Board approved risk appetite levels and thresholds.Monitor trends of internal risk grades and produce summary reports that provide insight as to whether rating standards, protocols, and policies are consistently applied across portfolios and sectors.Recommend stress testing of the book against approved and emerging risk parameters to be conducted by the Quantitative Modeling team and input the results into the analysis of the adequacy of capital and provisions, as well as generating updates on industry risk positions.Develop and prepare statistics and report on portfolio trends, and assist the Head of the department and the Chief Risk Officer in preparation to lead the IMC processes.Provide relevant and required information to present to lenders and rating agencies.Involvement in policy formulation and policy review across a range of key risk management issues.Development of credit risk systems and procedures, ensuring that these are well managed to support the corporation's business strategies.Attendance of Investment Monitoring Committees and providing advice on portfolio matters.Providing advisory services to Strategic Business Units (SBU's) on Portfolio risk matters and assisting in structuring deals.Working with credit risk managers to help ensure that the risks are fully understood by Portfolio Management and are consistent with the firm's client objectives and risk constraints.Understanding how macro-economic factors drive the investment decision making process.Supporting the creation, production and delivery of supervisory and marginal reports pertaining to risk management and performance attributionMonthly and quarterly reporting to Executive committee and Board Risk & Sustainability Committee.Performing ad hoc reporting and analyses to help address real time demands of senior members of the team.