184 Financial Risk jobs in South Africa

Results Delivery

• Provide strategic thinking and contributions to crafting of departmental business plan based on professional knowledge and experience, to ensure delivery of focus areas for the year in support of departmental strategy. Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets.
• Provide relevant input into the formalisation for the divisional budget. Implement a robust risk management plan by identifying weaknesses in the current framework, researching possible solutions, quantifying impact of the solution and finally presenting to governance committees and JSE EXCO to mitigate risks.
• Measure performance by identifying and managing exposures to mitigate and minimise impact to the JSE and market participants.

• Measure, monitor and report on credit, liquidity, counterparty credit and market risks and to mitigate risks on a per risk basis.
• Develop performance measures of risk mitigation.
• Propose solutions by analysing risks using industry best practices, past experience and mathematical skills to develop a risk framework.
• Assess and efficiently implement regulatory standards and requirements regarding settlement assurance.
• Ensure systems, products or projects delivered contribute to improve client/JSE service by providing input on budgets, resources required and process based on the understanding of costs, business objectives and relationship with external suppliers and stakeholders.

• Build strategic JSE / Industry/ Global network of thought leaders and relationships utilising social media, attending conferences and training interventions.
• Manage stakeholder relationships by understanding new products, investigating risks and advising on best solutions to consistently meet client’s needs.
• Build and maintain networks across the JSE by gaining information on existing and new products and assessing the risks thereof.
• Provide risk monitoring tools such as dashboards, logs and escalate when necessary.

• Manage own delivery against set delivery plan and set timelines, identify obstacles to delivery and take appropriate action where required.
• Deliver work consistently by identifying, monitoring, measuring, managing, and reporting on Market, Credit, Counter Party credit, and Liquidity risk by measuring and analysing exposures, coming up with potential future scenarios and quantifying the impact those scenarios can have on the JSE, its clearing members and clients.
• Identify risks for stakeholders and the JSE by applying First - Principles and using thresholds and limits and historical information.
• Apply and entrench Risk Management Frameworks and regularly conduct independent evaluations against performance thereof and report back to the board by reporting exposures and the business’ performance against same.
• Compile and conduct risk evaluations using exposure reports to measure risks and identify new risks and escalate where appropriate.
• Analyse results of daily risk quantification by comparing performance of model market performance against regime, quantify risk mitigation to assess whether the new mitigations need to be implemented and if so, at what stage.
• Assess exposures and collateral placed against the exposure, reassess the exposure and calculate required collateral and report findings to the appropriate division.
• Establish and monitor key risk indicators, as well as implement corrective action plans to mitigate risks.
• Prepare exposure and various other reports on a regular basis for team, risk committees and board if relevant to the clearing members.
• Participate in ad hoc projects by developing models and quantification procedures ensuring outputs meet business expectations.
• Conduct research to keep abreast of best industry practices and regulatory changes to ensure effectiveness of the company's risk frameworks.
• Conduct bank capital calculations and regulatory and economic capital quantification for the JSE to ensure the JSE stays solvent.
• Liaise with regulators to respond to regulatory queries, comment on draft regulations and reporting to regulators.
• Supply clients with information to help them understand capital requirements by applying methodologies and make information as intuitive and explanatory as possible.
• Assist with queries when clients enquire on a valuation model and develop models for new products to help understanding.
• Assess accuracy of valuation models on a regular basis by using methodologies and established processes and procedures.
• Develop various new risk methodologies, document risk methodologies and implement risk methodologies after approval.
• Assess new products by analysing the risk to JSE, conducting quantification on products, conducting and implementing risk mitigation methodologies, ensuring compliance with JSE.
• Provide input into the new products committee by making recommendations on whether to support new product to ensure compliance with JSE standards.

• Improve personal capability and professional growth relating to field of expertise, in line with JSE objectives by discussing development needs and proposed solutions with management.
• Keep abreast of changes in legislation or standards by conducting research and utilising networks.
• Upskill team and other professionals by sharing knowledge and research results.
• Epitomise living the JSE values, displaying professional conduct and adherence to required technical standards.

• Analyse, research, develop and implement improvement/innovative ideas and value adding solutions contributing to divisional and JSE results.

• Degree in Risk (Essential) Post-graduate (Honours/ Masters)
• Degree in Financial Quantitative field (Preferred)
• 5 years risk management experience in a trading, investments quantitative or market risk environment

Business Segment: Corporate & Investment Banking

The role will encompass the requirement to drive thought leadership, execution and implementation of the operational risk management processes and framework as a key enabler to achieving business objectives in NFR in SA and trusted risk management business partner that equips business with the tools to mitigate financial, reputational and regulatory impact of operational risk incidents.

This will require the anticipation of external drivers coupled with impacts of current and planned systems, processes, products and strategic changes on the risk profile of the business and to guide decision making on controls to manage and mitigate these risks.

Qualifications Required:

• Commercial or Legal Degree.
• Post-graduate qualification in Risk Management.

Minimum Experience Required:

• 5-7 years in Risk - Operational Risk Management.
• 3-4 years in Risk - Regulatory Compliance.
• 5-7 years in-depth business and commercial acumen into the banking functions and services.

• Articulating Information
• Challenging Ideas
• Directing People
• Examining Information
• Exploring Possibilities
• Generating Ideas
• Making Decisions
• Providing Insights
• Resolving Conflict
• Upholding Standards
• Economic Capital Management

Results Delivery

• Provide strategic thinking and contributions to crafting of departmental business plan based on professional knowledge and experience, to ensure delivery of focus areas for the year in support of departmental strategy.
• Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets.
• Provide relevant input into the formalisation for the divisional budget.
• Implement a robust risk management plan by identifying weaknesses in the current framework, research possible solutions, quantify impact of the solution and finally present to governance committees and JSE EXCO to mitigate risks.
• Measure performance by identifying and managing exposures to mitigate and minimise impact to the JSE and market participants.
• Measure, monitor and report on credit, liquidity, counterparty credit and market risks and to mitigate risks on a per risk basis.
• Develop performance measures of risk mitigation.
• Propose solutions by analysing risks using industry best practices, past experience and mathematical skills to develop a risk framework.
• Assess and efficiently implement regulatory standards and requirements regarding settlement assurance.
• Ensure systems, products or projects delivered contributes to improve client/JSE service by providing input on budgets, resources required and process based on the understanding of costs, business objectives and relationship with external suppliers and stakeholders.

Stakeholder Relationship Management

• Build strategic JSE / Industry/ Global network of thought leaders and relationships utilising social media, attending conferences and training interventions.
• Manage stakeholder relationships by understanding new products, investigating risks and advising on best solutions to consistently meet client’s needs.
• Build and maintain networks across the JSE by gaining information on existing and new products and assessing the risks thereof.
• Provide risk monitoring tools such as dashboards, logs and escalate when necessary.

Process Performance Management

• Manage own delivery against set delivery plan and set timelines, identify obstacles to delivery and take appropriate action where required.
• Deliver work consistently by identifying, monitoring, measuring managing, and reporting on Market, Credit, Counter Party credit, and Liquidity risk by measuring and analysing exposures, come up with potential future scenarios and quantify the impact those scenarios can have on the JSE, its clearing members and clients.
• Identify risks for stakeholders and the JSE by applying First - Principles and using thresholds and limits and historical information.
• Apply and entrench Risk Management Frameworks and regularly conduct independent evaluations against performance thereof and report back to the board by reporting exposures and the business’ performance against same.
• Compile and conduct risk evaluations using exposure reports to measure risks and identify new risks and escalate where appropriate.
• Analyse results of daily risk quantification by comparing performance of model market performance against regime, quantify risk mitigation to assess whether the new mitigations need to be implemented and if so, at what stage.
• Assess exposures and collateral placed against the exposure, reassess the exposure and calculate required collateral and report findings to the appropriate division.
• Establish and monitor key risk indicators, as well as implement corrective action plans to mitigate risks.
• Prepare exposure and various other reports on a regular basis for team, risk committees and board if relevant to the clearing members.
• Participate in ad hoc projects by developing models and quantification procedures ensuring outputs meet business expectations.
• Conduct research to keep abreast of best industry practices and regulatory changes to ensure effectiveness of the company's risk frameworks.
• Conduct bank capital calculations and regulatory and economic capital quantification for the JSE to ensure the JSE stays solvent.
• Liaise with regulators to respond to regulatory queries, comment on draft regulations and reporting to regulators.
• Supply clients with information to help them understand capital requirements by applying methodologies and make information as intuitive and explanatory as possible.
• Assist with queries when clients enquire on a valuation model and develop models for new products to help understanding.
• Assess accuracy of valuation models on a regular basis by using methodologies and established processes and procedures.
• Develop various new risk methodologies, document risk methodologies and implement risk methodologies after approval.
• Assess new products by analysing the risk to JSE, conducting quantification on products, conducting and implementing risk mitigation methodologies, ensuring compliance with JSE.
• Provide input into the new products committee by making recommendations on whether to support new product to ensure compliance with JSE standards.

Self-Management

• Improve personal capability and professional growth relating to field of expertise, in line with JSE objectives by discussing development needs and proposed solutions with management.
• Keep abreast of changes in legislation or standards by conducting research and utilising networks.
• Upskill team and other professionals by sharing knowledge and research results.
• Epitomise living the JSE values, displaying professional conduct and adherence to required technical standards.

Transformation and Innovation Contribution

• Analyse, research, develop and implement improvement/innovative ideas and value adding solutions contributing to divisional and JSE results.

• Degree in Risk (Essential) Post-graduate (Honours/ Masters)
• Degree in Financial Quantitative field (Preferred)
• 5 years risk management experience in a trading, investments quantitate or market risk environment

Reference: JHB000960-VM-1

Leading organisation within the investments and financial services industry requires a Risk Consultant for the KZN branch. This position is based in Kloof / Gillitts.

1. Minimum 5 years’ experience as a Broker Consultant / Life Insurance Agent.
2. Preference will be given to candidates with a CFP.
3. RE5 is essential.
4. Have completed relevant class of business and product-specific training.
5. FAIS compliant (continuous professional development).
6. Completed supervision for long-term insurance categories.
7. Ability to function at a strategic level whilst fulfilling operational responsibilities.
8. Meet the FAIS honesty, integrity and good standing requirements.
9. Meet the FAIS minimum experience requirements in respect of long-term insurance products.
10. Must not have been declared insolvent or provisionally insolvent.
11. Appropriate tertiary qualification (bachelor’s degree in commerce, finance, investments preferable).
12. Have a qualification recognised by the FSCA for FAIS purposes.
13. Fully computer literate, xPlan experience advantageous.
14. Excellent communication skills, verbal and written.
15. Excellent negotiation and persuasion skills.
16. Client-oriented, with strong interpersonal skills and able to take the initiative (self-starter).
17. Provide and implement advice in respect of insurance needs and solutions to clients in conjunction with the company Partner.
18. Analyse and identify Life and Short-Term Insurance (STI) opportunities within the client bases of their panel of financial planning partners.
19. Prepare comprehensive advice documents (proposals, comparisons, and quotations) for presentation to clients.
20. Provide specialist advice in respect of Life Insurance (Death, Disability and Critical Cover) needs, including Estate Planning and Business Assurance.
21. Implement the agreed solution for clients and manage underwriting and other onboarding requirements.
22. Review clients' cover according to internal business procedures or if client circumstances change.
23. Acquire short-term insurance leads from the company’s financial planning partners.
24. On receipt of the client’s consent, refer clients to the STI tele-advisor and book an appointment for the client.
25. Maintain and develop client relationships.
26. Support and contribute to company initiatives to communicate, educate, and engage clients.
27. Monitor and report on the success and implementation of client and partner-focused initiatives.
28. Adhere to the culture and principles of TCF – treating customers fairly.
29. Comply with Group and Industry regulatory requirements.

Monthly plus Basic Salary + Commission

• 3-4 years Operational Risk Management. Practical knowledge and experience of applicable Short Term Insurance legislation which would include an understanding of the SAM regulatory environment, the Insurance Act and other applicable legislation to the insurance business.
• 5-7 years Practical knowledge of risk, control frameworks, assurance & applications in the financial services industry. Fully conversant in risk appetite, risk responses & process improvement concepts. Understand of both regulatory and financial reporting risk principles.
  
  

• Interpersonal skills.
• Ability to interact with diverse stakeholders, for example, Executive management, Regulators, Line management and operational personnel at all levels.
• Analytical and strategic thinking abilities.
• Attention to detail
• Good communication Skills - written, verbal and presentation skills.
• Disciplined and have high level of integrity, professionalism and trustworthiness.
• Customer service focused
• Team player
  
  

• Risk and governance experience.
• An understanding of the risk environment in which the different business units operate.
• Understand the legal implications and pitfalls of insurance legislation and policy wordings.
• Financial planning / budgeting.

Business Segment: Insurance & Asset Management

Location: ZA, GP, Roodepoort, Ellis Street 4

To provide pro-active management and operational support enabling the implementation of the risk management strategy across the Short Term Insurance business unit of the Insurance and Asset Management (IAM) cluster.

Minimum Qualifications

Type of Qualification: First Degree

Field of Study: Actuarial Science/ Risk Management/ Finance related/ BCom

1. 3-4 years Operational Risk Management. Practical knowledge and experience of applicable Short Term Insurance legislation which would include an understanding of the SAM regulatory environment, the Insurance Act and other applicable legislation to the insurance business.
2. 5-7 years Practical knowledge of risk, control frameworks, assurance & applications in the financial services industry. Fully conversant in risk appetite, risk responses & process improvement concepts. Understand of both regulatory and financial reporting risk principles.

• Interpersonal skills.
• Ability to interact with diverse stakeholders, for example, Executive management, Regulators, Line management and operational personnel at all levels.
• Analytical and strategic thinking abilities.
• Good communication Skills - written, verbal and presentation skills.
• Disciplined and have high level of integrity, professionalism and trustworthiness.
• Team player.
• Risk and governance experience.
• An understanding of the risk environment in which the different business units operate.
• Understand the legal implications and pitfalls of insurance legislation and policy wordings.

Business Segment: Corporate & Investment Banking

Location: ZA, GP, Johannesburg, 30 Baker Street

To provide strategic leadership, direction, and drive implementation of Non-Financial Risk (NFR) management across the Corporate and Investment Banking (CIB) business units by acting as a trusted NFR management business partner that equips business with the solutions, resources, and tools to identify and mitigate NFRs.

Minimum Qualifications

Type of Qualification: Post Graduate Degree

Field of Study: Business Commerce, Risk Management

Other Minimum Qualifications, Certifications or Professional Membership: IRMSA

5-7 years experience and practical knowledge and experience under Information Risk which would include an understanding of the Standard Bank South Africa (SBSA) Information Risk Framework and Data Privacy Standard or Industry exposure to similar standards such as the Information Security Forum (ISF) Standard of Good Practice and Protection of Personal Information Act (POPIA).

5-7 years experience and practical knowledge of risk, control frameworks and applications in financial services industry. Fully conversant in risk appetite, risk response and process improvement concepts. Understand both NFR and financial reporting risk characteristics.

5-7 years experience in driving the control of NFR, mitigation of NFR risk threats and the implementation of controls in business strategy. Assess the appropriateness and effectiveness of the internal governance and control arrangements by designing and implementing criteria and agreed programmes for regular monitoring and evaluation thereof.

• Articulating Information
• Directing People
• Interpreting Data
• Making Decisions
• Providing Insights

Business Segment: Corporate & Investment Banking

Location: ZA, GP, Johannesburg, 30 Baker Street

To provide overall strategic Non-Financial Risk leadership, vision, and direction; and ensure effective implementation of Non-Financial Risk management processes and systems to enable conscious risk taking through excellence in the embedment of the Non-Financial Risk framework. The purpose of the role is to be the trusted risk management business partner that equips Technology, IT Security and Corporate Functions with the tools to manage the impact of Non-Financial Risks. The role will require in depth understanding of, and experience in managing Technology, Artificial Intelligence, Cyber, Information/Privacy, Business Resilience and Compliance related risks in a Corporate and Investment Banking environment. This will require the anticipation, monitoring and management of internal and external drivers coupled with impacts of current and planned systems, processes, products, and strategic changes on the risk profile of the business and to guide decision making on controls to manage and mitigate these risks.

Qualifications

Type of Qualification: FirstDegree

Field of Study: Business Commerce

Licenses & Certifications: CA (SA) or CFA would be advantageous

Experience Required

More than 10 years experience as a seasoned leader and expert in Risk Management and business with knowledge of the full dimensions of the field but specific focus on non-financial risks. Regulatory environment savvy, a proven track record in large scale and high-level leadership and capable of influencing leaders as well as employees and regulators. An influential leader with the capacity to manoeuvre through the landscape of relevant decision makers in industry and drive change.

Additional Information

• Developing Strategies
• Directing People
• Empowering Individuals
• Making Decisions

Leading organisation within the investments and financial services industry requires a Risk Consultant for the Western Cape branch.

1. Minimum 5 years’ experience as a Broker Consultant or Life Insurance Agent / Financial Advisor.
2. Life insurance experience is essential.
3. Short-term insurance experience is an advantage.
4. Appropriate tertiary qualification (bachelor’s degree in commerce, finance, investments preferable).
5. Have a qualification recognised by the FSCA for FAIS purposes. Preference will be given to candidates with a CFP.
6. RE5 qualification.
7. Have completed relevant class of business and product specific training.
8. Ability to function at a strategic level whilst fulfilling operational responsibilities.
9. Meet the FAIS honesty, integrity and good standing requirements.
10. Meet the FAIS minimum experience requirements in respect of long-term insurance products.
11. Must not have been declared insolvent or provisionally insolvent.
12. FAIS compliant (continuous professional development).
13. Completed supervision for long-term insurance categories.
14. Fully computer literate, xPlan experience advantageous.
15. Excellent communication skills, verbal and written.
16. Excellent negotiation and persuasion skills.
17. Client oriented, with strong interpersonal skills and able to take the initiative (self-starter).
18. Provide and implement advice in respect of insurance needs and solutions to clients in conjunction with the company Partner.
19. Analyse and identify Life and Short-Term Insurance (STI) opportunities within the client bases of their panel of financial planning partner’s practice.
20. Prepare comprehensive advice documents (proposals, comparisons, and quotation) for presentation to clients.
21. Provide specialist advice in respect of Life Insurance (Death, Disability and Critical Cover) needs.
22. Implement the agreed solution for clients and manage underwriting and other onboarding requirements.
23. Review clients cover according to internal business procedures, or if client circumstances change.
24. Acquire short term insurance leads from the company’s financial planning partners.
25. On receipt of the client’s consent, refer these clients to the STI tele-advisor, book an appointment for the client with the tele-advisor, and forward any existing short term insurance schedules to the STI tele-advisor for capture prior to the appointment.
26. Communicate and receive confirmation from the STI tele-advisor that the appointment has taken place and the outcome of the appointment.
27. Maintain and develop client relationships.
28. Support and contribute to company initiatives to communicate to, educate and engage clients in order to better meet their needs.
29. Monitor and report on the success and implementation of client and partner focused initiatives.
30. Adhere to the culture and principles of TCF – treating customers fairly.
31. Comply with Group and Industry regulatory requirements.

Monthly plus Basic + commission.