Senior Manager: Risk - Corporate and Institutional Bank

 

Recruiter:

Ratio Recruitment

Job Ref:

Rsk1

Date posted:

Sunday, September 11, 2022

Location:

Johannesburg, South Africa

Salary:

R800,000.00 - R1,000,000.00 CTC P/A plus annual bunuses


JOB SUMMARY:
Excellent opportunity with renound International Corporate and Institutional Bank. Opportunity to grow your Risk Career as a Senior Manager involved in leading and supporting the Bank''''s Strategic Risk Planning process. Strong benefits.

JOB DESCRIPTION:

Risk: Senior Manager

Job Purpose:

The risk senior manager will lead and support the continuing development of the banks ALM function, develop risk models (excel) and support the annual planning process. Work collaboratively with departments such as Treasury and Accounting. Deliver high-standard work and be comfortable with change.

Responsibilities/KPIs:

Support the management of liquidity, interest rate, foreign currency, hedging and other balance sheet risks:

  • To identify, measuring and report ALM risks on the balance sheet of the bank
  • To maintain, monitor and review the ALM framework, policies and contingency plans
  • To manage risks models such as the hedge accounting and counterparty credit risk, and ensure accurate and timeous reporting to stakeholders
  • To monitor and report performance against the approved risk appetite statements and limits of the bank, including recommendations on new and amendments to existing statements and limits
  • To perform appropriate and relevant stress testing and sensitivity analysis, including recommendations on practical and appropriate management actions to mitigate the impact and reporting thereof
  • To accurately and timeously perform calculations on key ALM metrics
  • To ensure compliance with the requirements of the ICAAP and Recovery Plan in relation to ALM risks
  • To timeously meet ad-hoc request of internal and external stakeholders

To ensure compliance with regulatory requirements, timeously implement regulatory reforms, prepare for regulatory engagements and respond to requests from the Regulator:

  • Implementation of regulatory reforms related to ALM
  • Responsible for drafting meeting presentations for regulatory meetings
  • To ensure public disclosures of ALM risks are in compliance with regulatory requirements (Pillar 3 disclosures)
  • Completion of regulatory assessments issued by the regulator such as Quantitative Impact Assessments, Industry Surveys, etc.
  • To provide support to the Accounting department in terms of completing regulatory returns
  • To create informative analysis using the data from regulatory returns

Asset and Liability Management reporting:

  • To prepare accurate and insightful ALCO reports
  • Perform secretarial duties for ALCO
Administrative and Stakeholder Engagement (internal and external):
  • To timeously respond to audit queries
  • To manage third party engagements with services providers
  • To provide training on policy changes, regulatory reforms, etc. to ALCO
  • To back-up Middle-Office
  • Work collaboratively with all departments, such as Accounting and Treasury
Qualifications and Experience required:
  • Undergraduade degree in Commerce (Minimum)
  • Post Graduate degree in Commerce (an Advantage)
  • FRM Designation (Desirable)
  • Minimum 5 year banking and regulatory experience relating to asset and liability management
  • Asset liability management including: Liquidity, interest rate risk and market risk management
  • Market Risk Related regulatory requirements and implementation
  • Hedge Accounting
  • Pillar 3, risk appetite knowledge for ALM and market risk

Knowledge Requirements:

  • General understanding of a bank’s balance sheet, Regulations relating to Banks, regulatory developments, Accounting Standards (in particular IFRS 9 as it relates to hedge accounting),
  • MS Office (Excel, Word and PowerPoint)

Skills Requirements:

  • Good communicator, written and verbal and able to relay complex issues or improve understanding of key issues
  • Strong analytical skills and high attention to detail
  • Strong influencing skills, including building relationships with key stakeholders to drive solutions required
  • Team orientated/Team Player
  • Strong organisational skills, able to prioritise competing priorities and implement plans to deliver against them
  • Modelling and stress testing using excel
  • People management experience

 

NB! This job is now closed. You can apply for other jobs by uploading your CV.



 

 

 

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