Treasury Risk Officer

Interdot Solutions; South Africa; On-site; ZAR 800 000 - 1 200 000; Full time

Job summary

A financial services company in South Africa is seeking a Treasury Risk Officer responsible for market risk monitoring and proposing financial risk management strategies. The ideal candidate should have 10-15 years of experience in Treasury and a BCom Degree in a relevant field. This role requires strong competencies in cash flow forecasting and regulatory compliance, among other responsibilities.

Qualifications

• Completion of a BCom Degree with coursework in Financial Accounting, Economics, Financial Management.
• 10-15 years of experience in Treasury or related fields.

Responsibilities

• Measure and monitor the impact of interest rate movements on the portfolio.
• Support development of cash flow forecasts and short-term liquidity management.
• Ensure compliance with regulatory and reporting requirements.
• Propose financial risk management strategies to the front office.

Skills

Market risk monitoring

Financial risk management

Cash flow forecasting

Hedging strategies

Education

BCom Degree in Financial Accounting or related

BCom Honours in Financial Management

Job description

About the job: Treasury Risk Officer

Our reputable client is looking for a Treasury Risk Officer who will be responsible for market risk monitoring and management in the Treasury division - interest rate risk, credit risk, liquidity risk, currency risk, and proposing financial risk management strategies including Asset and Liability Management. The role involves measuring risk based on the portfolio's distribution at a future horizon, acting as a technical resource for research and development of trading strategies, collaborating with the Enterprise-wide risk management division for independent risk monitoring, and ensuring compliance with Treasury policies through risk identification, monitoring, and quantification.

Duties and Responsibilities:

1. Measuring and monitoring the impact of interest rate movements on the portfolio, including stress testing.
2. Supporting the development of cash flow forecasts and short-term liquidity management to ensure optimal funding.
3. Monitoring credit risk limits, including credit ratings and financial stability of counterparties.
4. Performing accounting reconciliations of positions in real-time and sourcing mark-to-market rates for securities valuation independently of the front office.
5. Ensuring compliance with all regulatory and reporting requirements.
6. Reviewing asset and liability matching profiles and determining interest rate mismatch levels.
7. Proposing financial risk management strategies, such as hedging strategies, to the front office.
8. Researching and analyzing financial markets and interest rate outlooks, and monitoring their implementation in investment decisions.
9. Creating and maintaining a database accessible to staff and stakeholders.

Competencies:

• Ability to coordinate direct investment, funding, debt, and hedging activities through environmental scanning and strategic/tactical formulation.
• Understanding of the Fixed Income market and Fixed Income Swap Market.
• Ability to contribute to and participate in Financial Risk Management and ALCO functions.
• Ability to coordinate and integrate treasury operations.
• Understanding and ability to carry out hedging strategies across short, medium, and long-term horizons.
• Understanding of investment strategies.

Requirements:

• A BCom Degree with coursework in Financial Accounting, Economics, Financial Management.
• BCom Honours in Financial Management; JSE Registered Dealer for Bonds and Fixed Income Derivatives is advantageous.
• 10-15 years of experience in Treasury, Fixed Income, Money Market, and Swap trading or similar experience.