Trading Regulatory Risk Specialist

FirstRand Bank Limited; Sandton; On-site; ZAR 800,000 - 1,100,000; Full time

Benefits offered by this job

Networking opportunities with StakeHld

Innovative work environment

Job summary

FirstRand Bank Limited is seeking a skilled risk monitoring professional to oversee trading book risk and ensure compliance with regulatory standards. You will develop reports and dashboards to clearly communicate risk insights to internal and external stakeholders.

The role emphasizes collaboration across risk, compliance, and business teams, with a focus on governance and policy development to strengthen regulatory adherence in the trading environment.

Qualifications

• Bachelor-level or above required in a finance or related field with strong analytical skills.
• Proven ability to monitor and report on market and counterparty risk.
• Experience interpreting regulations and translating them into actionable policies.

Responsibilities

• Monitor trading book risk, ensuring adherence to risk limits and regulatory standards.
• Provide clear insights on trading book risks to stakeholders via reports.
• Develop and maintain policies supporting regulatory adherence and governance.
• Maintain alignment with risk and compliance frameworks and operating standards.
• Collaborate with enablement teams to strengthen regulatory and governance frameworks.
• Maintain strong relationships with internal and external stakeholders.

Skills

Risk monitoring

Reporting

Regulatory compliance

Stakeholder communication

Dashboards

Analytical writing

Education

Honours degree in Finance, Economics, Mathematics, or a related field

Job description

Job Description

To ensure that internal and external reporting pertaining to market, counterparty credit and other risk types is done in accordance with industry and prudential standards, considering business policies and risk frameworks. To interpret regulations, engage with internal and industry stakeholders (BASA), translate regulatory requirements into context, and ensure that the implementation of trading regulatory principles are applied to mitigate regulatory risk and ensure that all reportable metrics are monitored and within acceptable risk tolerance levels.

Are you someone who can:

• Monitor trading book risk, ensuring adherence to risk limits and compliance standards.
• Clearly provide insights on trading book risks to internal and external stakeholders through reports.
• Develop and maintain policies that foster a culture of regulatory adherence and good governance within the business area.
• Maintain function alignment with risk and compliance frameworks and operating standards.
• Collaborate with enablement teams to develop and maintain a strong regulatory and governance framework within the relevant business area/environment.
• Maintain strong relationships with internal and external stakeholders.
• Stay updated on market developments and regulatory changes.

You will be an ideal candidate if you have:

• Honours degree in Finance, Economics, Mathematics, or a related field.
• Minimum of 3-5 years of trading book risk monitoring and reporting.
• Strong understanding of trading risks i.e. market risk, counterparty credit risk and non-financial risks
• Excellent analytical, writing, and problem-solving skills.
• Proven ability to create clear reports and fit-for-purpose dashboards.
• Ability to work efficiently under pressure and manage multiple priorities.
• Strong communication and teamwork skills.

You will have access to:

• Opportunities to network and collaborate
• Challenging working Opportunities to innovate

We can be a match if you are:

Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it Love putting our clients at the forefront of what you do

Are you interested to take the step? We look forward to engaging with you further.

Important Closing Date Note

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below. 26/09/26

All appointments will be made in line with FirstRand Group’s Employment Equity plan.

The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

FirstRand provides a comprehensive range of financial services in South Africa and certain markets in broader Africa. The group also offers certain niche products and services in the UK and India. Listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), FirstRand Limited is the largest financial institution by market capitalisation in Africa. The group follows a multi-branding approach. Its portfolio of financial services businesses includes FNB, RMB, WesBank, Ashburton Investments, Aldermore, MotoNovo and DirectAxis. Many are leaders in their respective segments and markets, offering transactional, lending, investment and insurance products and services The FirstRand Corporate Centre houses many of the critical functions required by a large and complex financial services group. The group's track record of delivering superior returns to shareholders has been achieved through a combination of organic growth, acquisitions, innovation and the creation of completely new businesses. The group’s purpose of delivering Shared Prosperity provides many opportunities for employees to innovate to address social and environmental challenges in our markets. All of our businesses have successful Volunteering programmes which also allow employees to adopt and support causes close to their hearts.