Senior Market Risk Analyst

Job Description

Job PurposeTo provide high quality, timely, independent and objective market risk analysis and reporting in order to ensure that risk taking is within the defined risk appetite, in line with the business strategy.Job Responsibilities• Provide accurate senior management level risk reporting through daily review and distribution of relevant reports.• Minimise unintended losses linked to market risk by proactively supplying information for decision making to senior management.• Minimise costs by ensuring that auditors receive information timeously.• Support business in the special deal process by providing relevant input and analysis as needed.• Ensure compliance to policy and mandates through effective monitoring and reporting to minimise losses• Maintain and build on existing client relationships through regular communication.• Contribute to overall performance of team by sharing knowledge with the team.• Establish and maintain sound working relationships with external stakeholders e.g. regulators through regular and timeous reporting.• Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plans and ensuring delivered systems, process, services and solutions are aligned.• Provide senior management with high level feedback through timeous and accurate reports on both regular and ad hoc basis.• Ensure that mandate breaches are fully understood and do not expose the bank to excessive risk through relevant analysis.• Ensure the accuracy of risk reports by regular review and management of the reconciliation process.

Responsibilities + Skills

Analysing situations or data that requires an in depth evaluation of multiple factorsDeveloping ways to minimize risksManaging conflict situations

Education

Professional Qualifications/Honours Degree

Experience

Working with a group to identify alternative solutions to a problem.Interacting with diverse peopleBuilding and maintaining effective relationships with internal and external stakeholdersAnalysing and interpreting quantitative and qualitative data

Job Summary

  • Published on: Saturday, 8th February 2020
  • Designation: Senior Market Risk Analyst
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: on a call
  • Gender:
  • Application Deadline: Saturday, 8th February 2020

About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website: https://www.nedbank.co.za/
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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