Senior Risk Manager (ALM function) - International Corporate Bank

Recruiter:

Ratio Recruitment

Job Ref:

Rsk1

Date posted:

Sunday, October 9, 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.

Similar jobs you might be interested in:

Senior Manager: Corporate Insurance (Group Risk)
Location: Johannesburg
Salary: Market-Related
senior manager: corporate Insurance (Group risk), Gauteng
17 days ago

Legal Credit Controller
Location: Johannesburg
Salary: 300000 Annually
Law Meets Ledger – A Role for the Commercially-Minded Legal Eagle! If you hold a BCom Law, LLB, or BCom in Accounting / Finance, and you're passionate about the legal side of business without wanting to go the attorney route, this could be your perfect match! My client, a household name in the wholesale and retail industry, is looking for a sharp, assertive Legal Credit Controller to join th...
1 day ago

Operational Financial Manager
Location: Johannesburg
Salary: 1 500 000 Annually
Are you a strategic and commercially savvy finance professional with a passion for operational excellence?
2 days ago

Financial Manager
Location: Johannesburg
Salary: R1 100 000
Fast-moving products need fast-thinking finance—step into the engine room of a leading FMCG brand and help turn rapid sales into smart strategy.
2 days ago

Regional Dealer Development Manager Automotive OEM - Gauteng, Northern Suburbs
Location: Midrand
Salary:
Remuneration: Market Related dependent on skill set, knowledge, and experience Our client a leading automotive OEM, recognized globally for its innovation, rapid growth, and expanding portfolio of vehicles requires a Regional Dealer Development manager.Purpose Of The Job: To lead and manage the strategic and operational development of the dealer network within an assigned region, ensurin...
2 days ago

Head: Corporate Finance
Location: Johannesburg
Salary:
We are on the hunt for a Head of corporate Finance & that will be responsible for the development and maintenance of life pricing models and providing actuarial support and insights to the Life business. An integral part of the role will also be supporting business with insights and producing reports for the executive and various committees.
3 days ago

Chief Financial Officer
Location: Johannesburg
Salary: 1 400 000 Annually
We are looking for an experienced and strategic Chief Financial Officer (CFO) to take the lead in shaping and managing the financial direction of a fast-growing manufacturing group. This role will involve end-to-end financial leadership, covering areas such as financial reporting, budgeting, system improvements, and performance optimisation. The successful candidate will bring strong commercial ac...
3 days ago

HR Manager
Location: Johannesburg
Salary:
We’re looking for a dynamic and experienced HR manager to lead, shape, and scale our human resources function. The ideal candidate will play a key role in fostering a positive workplace culture, managing all HR operations, and ensuring compliance with labor regulations. You’ll be the go-to person for both strategic HR leadership and hands-on implementation of policies, procedures, and ...
4 days ago

Actuarial Manager
Location: Johannesburg
Salary:
Are you ready to take the reins of an established, niche-focused actuarial team within a dynamic life insurance environment? This is your opportunity to guide capital strategy, elevate analytics infrastructure, and work at the forefront of cell-based insurance innovation—without sacrificing complexity or compliance integrity.
4 days ago

Design Draughtsman
Location: Johannesburg
Salary:
Company based in Klipriver Gauteng is looking for a Design Draughtsman to join their team!
4 days ago

Senior Risk Manager (ALM function) - International Corporate Bank

Similar jobs you might be interested in:

Create a free job alert for Senior Risk Manager (ALM function) - International Corporate Bank in Johannesburg