158 Market Risk jobs in South Africa

Pay Competitive

Location Johannesburg/Gauteng

Employment type Full-Time

Req#: 1430906

The opportunity

We are looking to expand our Quantitative Advisory Services (QAS) team by recruiting suitably qualified and experienced individuals. QAS focusses on providing credit risk, market risk and data science solutions to banking, insurance and other corporate clients. Our services cover statutory, regulatory and other quantitative areas from both a consulting and an assurance perspective.

Your key technical responsibilities

The successful applicant will work within a team which offers our clients advice and hands-on assistance with issues such as:

• IFRS 13 fair value measurement focussing on the valuation of exotic derivatives across a range of underlying asset classes and the valuation of fixed income and money market instruments
• IFRS 2 share-based payment and BEE deal valuation
• xVA modelling (credit and debit valuation adjustment, funding valuation adjustment, etc.)
• IRRBB and FRTB regulatory compliance
• Alternative reference rate transition

Your client and business responsibilities

• Participate in and lead client engagements
• Manage the build and delivery of client solutions, based on knowledge of clients’ agendas
• Develop informed views for clients on the implications of current and anticipated industry issues
• Assist with new business sales through proactively managing accounts, identifying new client opportunities and playing a role in developing and driving sales campaigns
• Maintain an educational program to continually develop your own personal skills
• Develop people through effectively supervising, coaching and mentoring all junior levels of staff
• Provide learning and growth opportunities to staff and encourage the potential within all staff to take on challenging opportunities
• Conduct performance reviews and contribute to performance feedback for junior levels of staff
• Contribute to people initiatives including recruiting, retaining and training QAS professionals

To qualify for the role, you must have:

• Qualifications: Relevant Honours or Masters (MCom / MSc /MPhil) level degree
• Professional qualification (CFA / FRM / PRM / FIA / FASSA) a plus
• A minimum of 5 years relevant working experience
• Proficiency in VBA, R or Python

What working at EY offers

As one of our valued employees in EY, you get to work on inspiring, meaningful and challenging projects. Our focus is education and coaching alongside practical experience to ensure your personal development. At EY we value our employees and you will be able to control your own development with an individual progression plan. You will quickly grow into a responsible role with challenging and stimulating assignments. In addition to these, you will be part of an interdisciplinary environment that encourages high quality and knowledge exchange. Furthermore, we offer excellent working conditions, in a stimulating, inclusive and enjoyable environment. We offer:

• Support, coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you

About EY

As a global leader in assurance, tax, consulting, strategy and transaction services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world. Apply now.

EY provides consulting, assurance, tax and transaction services that help solve our client’s toughest challenges and build a better working world for all.

Are you a financial expert with a deep understanding of market risks, particularly in the areas of counter-party credit and derivative pricing? If you're passionate about analysing complex financial instruments and ensuring the stability of financial systems, we have an exciting opportunity for you!

Key Responsibilities:
As a Market Risk Specialist specialising in counter-party credit and derivative pricing, you will play a pivotal role in our organisation's risk management strategy.

Your responsibilities will include:

• Counter-party Credit Risk Analysis: Assessing and managing the counter-party credit risk exposure of our organisation, including evaluating the creditworthiness of counter-parties and mitigating potential risks.
• Derivative Pricing: Utilising your expertise to accurately price and value complex derivatives, ensuring that our portfolio remains competitive and compliant with regulatory standards.
• Risk Modeling: Developing and enhancing risk models to quantify and forecast market risk, helping us make informed decisions regarding our financial strategies.
• Portfolio Analysis: Conducting comprehensive analysis of our financial portfolios to identify potential risks and opportunities, and providing recommendations for optimising risk-return profiles.
• Regulatory Compliance: Ensuring that our risk management practices align with industry regulations and standards, and participating in audits and compliance reporting.
• Communication: Collaborating with cross-functional teams, including traders, quantitative analysts, and senior management, to convey risk assessments and insights effectively.

Qualifications:

• Bachelor's or Master's degree in Finance, Economics, or a related field.
• 4+ years extensive experience in market risk management, with a focus on counter-party credit and derivative pricing.
• Proficiency in quantitative analysis.
• Strong understanding of financial markets, derivatives, and risk management concepts.
• Knowledge of regulatory frameworks related to market risks.
• Excellent communication and presentation skills.
• Ability to work in a dynamic and fast-paced environment.

Why Join Us:
By joining our team as a Market Risk Specialist, you will have the opportunity to work on cutting-edge financial strategies and contribute to the success and stability of our organisation. We offer a collaborative and inclusive work environment, competitive compensation, and opportunities for professional growth.
If you're ready to take your market risk expertise to the next level and make a meaningful impact, we invite you to apply for this exciting role. Join us in shaping the future of financial risk management!

Annually

• Conduct risk identification, assessments, and monitoring across assigned portfolios.
• Design and adapt risk reports to track key risks and adjust as market conditions change.
• Take ownership of coordinating, implementing, evolving, and communicating risk reports.
• Collaborate effectively with the team and traders to understand market positioning and current conditions.
• Implement bespoke stress tests for various market scenarios and communicate findings to senior management and commercial teams.
• Define and monitor predictive risk scenarios to help management and traders understand portfolio positioning as the markets evolve.
• Utilize Python coding and data visualization software (Tableau/Power BI) to present metrics in daily dashboards.
• Assess a wide range of transactions, providing modeling and analysis as necessary.
• Communicate results clearly to traders and senior management.

• Bachelors Degree in Science required (Masters Degree preferred, ideally in Finance or Risk Management).
• Post-graduate qualifications in Finance or Risk Management are advantageous.

• Proven experience in market risk.
• Experience in commodities, especially oil or gas, is a plus but not required.
• High proficiency in Python coding.
• Strong analytical and problem-solving skills with a focus on numerical analysis.
• Excellent communication skills.
• Ability to constructively challenge proposals while maintaining strong working relationships.
• Collaborative team player with flexibility to manage various issues.
• Capable of working autonomously while meeting tight deadlines and delivering practical business solutions.

Are you a financial expert with a deep understanding of market risks, particularly in the areas of counter-party credit and derivative pricing? If you're passionate about analysing complex financial instruments and ensuring the stability of financial systems, we have an exciting opportunity for you!

Key Responsibilities:

• Counter-party Credit Risk Analysis: Assessing and managing the counter-party credit risk exposure of our organisation, including evaluating the creditworthiness of counter-parties and mitigating potential risks.
• Derivative Pricing: Utilising your expertise to accurately price and value complex derivatives, ensuring that our portfolio remains competitive and compliant with regulatory standards.
• Risk Modeling: Developing and enhancing risk models to quantify and forecast market risk, helping us make informed decisions regarding our financial strategies.
• Portfolio Analysis: Conducting comprehensive analysis of our financial portfolios to identify potential risks and opportunities, and providing recommendations for optimising risk-return profiles.
• Regulatory Compliance: Ensuring that our risk management practices align with industry regulations and standards, and participating in audits and compliance reporting.
• Communication: Collaborating with cross-functional teams, including traders, quantitative analysts, and senior management, to convey risk assessments and insights effectively.

Qualifications:

• Bachelor's or Master's degree in Finance, Economics, or a related field.
• 4+ years extensive experience in market risk management, with a focus on counter-party credit and derivative pricing.
• Proficiency in quantitative analysis.
• Strong understanding of financial markets, derivatives, and risk management concepts.
• Knowledge of regulatory frameworks related to market risks.
• Excellent communication and presentation skills.
• Ability to work in a dynamic and fast-paced environment.

Why Join Us: By joining our team as a Market Risk Specialist, you will have the opportunity to work on cutting-edge financial strategies and contribute to the success and stability of our organisation. We offer a collaborative and inclusive work environment, competitive compensation, and opportunities for professional growth. If you're ready to take your market risk expertise to the next level and make a meaningful impact, we invite you to apply for this exciting role. Join us in shaping the future of financial risk management!

Annually

My client is looking for a Market Risk Senior Manager to join their Financial Risk Management practice in Johannesburg. This opportunity is with a global leader in audit, tax, and advisory services known for its collaborative culture and innovative approach. As part of the Financial Risk Management Market Risk team, you will play a key role in managing and mitigating financial risks for clients in the banking and financial services sectors.

Key Responsibilities:

1. Work closely with partners and associate directors to provide high-quality reporting on market risk issues including counterparty credit risk, interest rate risk, liquidity risk, and more.
2. Lead quantitative financial risk management engagements related to foreign exchange, interest rate, credit, and commodity risks along with associated controls.
3. Demonstrate in-depth understanding of capital markets processes such as trading limits, risk management, credit, settlement, and operations.
4. Serve as a subject matter expert in areas like quantitative risk management, IFRS2 Share-based Payment, IFRS9 / IAS39 Hedge Accounting, and exotic derivative modelling.
5. Lead staff on advisory engagements and audit assist assignments.
6. Collaborate locally and internationally to identify and convert opportunities for business growth.
7. Contribute to research on the evolving financial landscape and guide the development of new business ideas.
8. Inspire and mentor junior staff members.

1. A degree in finance, quantitative finance, engineering, mathematics, or statistics coupled with advanced or professional qualifications.
2. A minimum of 7 years of relevant experience, ideally in a consulting environment with a regulator or in a financial institution (preferably a bank).
3. Strong expertise in market risk analysis and the ability to build trusted business relationships.
4. Demonstrated success in a project-based environment where collaboration is essential.
5. Exceptional communication skills, both written and verbal.
6. Proven ability to lead and mentor teams in delivering high-quality work.

If you meet these qualifications and are ready to take on this exciting opportunity, please send your CV to (contact email). Should you not hear from us within two weeks, please consider your application unsuccessful.

Market-related

Senior Manager

IT Hardware & Networking, Cruise, Import & Export, Light Vehicle Driving, ACCA, ITI

Type: Full-Time

Vacancy: 1

Risk Manager • Johannesburg Metropolitan Municipality, Gauteng, South Africa

Senior Manager, Structured Solutions, Market Risk

Job Overview

Business Segment: Corporate & Investment Banking

Location: ZA, GP, Johannesburg, Baker Street 30

To provide leadership and subject matter expertise on the Structured Solutions desk, including complex and bespoke structured deals, X-Value Adjustment (XVA) relating to derivative contracts for risks not captured by vanilla systems, non-linear risk and other exotic derivatives covering all asset classes in order to identify, measure, manage and report market risk exposures and ensure alignment to the risk appetite of the organisation.

This includes performing detailed analysis on complex and large structured deals with XVA exposures to prepare and submit appropriate risk management proposals in collaboration with Market/Credit/Country Risk as part of the submission to Structured Transactions Committee (STC). Where relevant, engage with FO Structurers/Global Market Legal/Africa Regions Global Market Heads. Engage with quantitative teams to ensure that material economic risks are modelled and provide proposals on unobservable valuation inputs. Participate in the new business plan evaluation, new products implementation to identify market risk for the desk. Present results to relevant forums for approval.

Ensure a deep understanding of the markets in which Global Markets trades, including market correlations across all asset classes to identify, measure, manage and report market risk exposures on the Structured Solutions desk. Take a proactive role in assessing the risk/reward of Front Office (FO) positions and be able to challenge these where appropriate. This includes identifying gaps and leading specific projects and actions to enhance and improve the reporting of Market Risk metrics used to quantify risk with buy-in from relevant traders/head of desk where relevant to enable better more informed decision making. Monitor and control all Structured Solutions trading and banking operations to ensure that market risk consumed by the trading and banking operations is within the approved risk appetite and limit breaches are reported and escalated to the relevant audience whilst providing insights and proposed actions. Lead and manage a complex negotiation with traders on positions or as part of Market Risk review to ensure that risks taken are within the bank's risk appetite.

Actively contribute to the Fundamental Review of the Trading Book (FRTB) embedment phase and tracking to create a clear regulatory boundary between the trading and banking books and to ensure that regulatory market risk models deliver reliable capital outcomes for the desk and promote consistent implementation of the standards across jurisdictions.

Lead and drive the digitisation and automation journey for the Structured Solutions capability within Market Risk to achieve the objectives of the Standard Bank Group to reduce manual process activities and align to world best practices whilst ensuring alignment to BCBS239 principles.

Qualifications

Minimum Qualifications
Type of Qualification: Post Graduate Degree
Field of Study: BSc Honours Maths of Finance/MPhil; BSc/BBusci Actuarial Sciences; BSc/BCom Honours Mathematical Sciences, Quantitative Studies

Other Preferred Qualifications, Certifications or Professional Memberships: FRM, CFA or CQF

Experience Required
8-10 years of experience as a seasoned Market Risk professional with relevant work experience of the end-to-end Market Risk and Trading Market Risk value chain as a control function and measures. Experience in managing a non-linear book.
8-10 years of experience with deep specialist knowledge and experience of Global Markets Products and their valuations, including XVA relating to derivative contracts.
2-3 years of experience in people management.

Additional Information

• Documenting Facts
• Adopting Practical Approaches
• Following Procedures
• Interpreting Data
• Making Decisions
• Market Analysis
• Product Knowledge (Trading, Transacting)

Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any form of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or

Senior Manager, Structured Solutions, Market Risk

Job Overview

Business Segment: Corporate & Investment Banking

Location: ZA, GP, Johannesburg, Baker Street 30

To provide leadership and subject matter expertise on the Structured Solutions desk, including complex and bespoke structured deals, X-Value Adjustment (XVA) relating to derivative contracts for risks not captured by vanilla systems, non-linear risk and other exotic derivatives covering all asset classes in order to identify, measure, manage and report market risk exposures and ensure alignment to the risk appetite of the organisation.

This includes performing detailed analysis on complex and large structured deals with XVA exposures to prepare and submit appropriate risk management proposals in collaboration with Market/Credit/Country Risk as part of the submission to Structured Transactions Committee (STC). Where relevant, engage with FO Structurers/Global Market Legal/Africa Regions Global Market Heads. Engage with quantitative teams to ensure that material economic risks are modelled and provide proposals on unobservable valuation inputs. Participate in the new business plan evaluation, new products implementation to identify market risk for the desk. Present results to relevant forums for approval.

Ensure a deep understanding of the markets in which Global Markets trades, including market correlations across all asset classes to identify, measure, manage and report market risk exposures on the Structured Solutions desk. Take a proactive role in assessing the risk/reward of Front Office (FO) positions and be able to challenge these where appropriate. This includes identifying gaps and leading specific projects and actions to enhance and improve the reporting of Market Risk metrics used to quantify risk with buy-in from relevant traders/head of desk where relevant to enable better more informed decision making. Monitor and control all Structured Solutions trading and banking operations to ensure that market risk consumed by the trading and banking operations is within the approved risk appetite and limit breaches are reported and escalated to the relevant audience whilst providing insights and proposed actions. Lead and manage a complex negotiation with traders on positions or as part of Market Risk review to ensure that risks taken are within the bank's risk appetite.

Actively contribute to the Fundamental Review of the Trading Book (FRTB) embedment phase and tracking to create a clear regulatory boundary between the trading and banking books and to ensure that regulatory market risk models deliver reliable capital outcomes for the desk and promote consistent implementation of the standards across jurisdictions.

Lead and drive the digitisation and automation journey for the Structured Solutions capability within Market Risk to achieve the objectives of the Standard Bank Group to reduce manual process activities and align to world best practices whilst ensuring alignment to BCBS239 principles.

Qualifications

Minimum Qualifications
Type of Qualification: Post Graduate Degree
Field of Study: BSc Honours Maths of Finance/MPhil; BSc/BBusci Actuarial Sciences; BSc/BCom Honours Mathematical Sciences, Quantitative Studies

Other Preferred Qualifications, Certifications or Professional Memberships: FRM, CFA or CQF

Experience Required
8-10 years of experience as a seasoned Market Risk professional with relevant work experience of the end-to-end Market Risk and Trading Market Risk value chain as a control function and measures. Experience in managing a non-linear book.
8-10 years of experience with deep specialist knowledge and experience of Global Markets Products and their valuations, including XVA relating to derivative contracts.
2-3 years of experience in people management.

Additional Information

• Documenting Facts
• Adopting Practical Approaches
• Following Procedures
• Interpreting Data
• Making Decisions
• Market Analysis
• Product Knowledge (Trading, Transacting)

Please note: All our recruitment processes comply with the applicable local laws and regulations. We will never ask for money or any form of payment as part of our recruitment process. If you experience this, please contact our Fraud line on +27 800222050 or

Job category : Credit Analysis and Risk Management Contract : Permanent Remuneration : Market Related EE position : Yes About our company The JSE recognises that its success and strength depend on the quality of its employees.

We are committed to fostering a culture of continuous learning and high standards of performance.

Our employee wellness programme is designed to encourage work-life balance for employees.

We naturally seek to empower staff and encourage diversity and opportunities for all.

Introduction To develop, implement and maintain a robust credit, liquidity, counterparty credit and market risk management infrastructure and performing critical quantitative functions to create market integrity and enable the JSE to operate the cash and derivative markets.

Responsibilities Business and Financial 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 input into the formalisation for the divisional budget.

Develop a robust risk management plan by identifying weaknesses in the current framework, research possible solutions, quantify impact of the solution and finally make a recommendation to 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.

Develop methodologies to measure / monitor risks and to mitigate risks on a per risk basis.

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 and presenting at 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 and the financial market industry by seeking and providing guidance on financial instruments to gain information of new risks and engaging clients on exposures, products and trends.

Provide risk monitoring tools such as dashboards, logs and escalate if necessary.

Process Management Manage own delivery by establishing a delivery plan and setting timelines, identify obstacles to delivery and take appropriate action where required.

Deliver work consistently by identifying, monitoring, measuring managing and mitigating Market, Credit, Counter Party credit, Operational and Liquidity risk by measuring and analysing processes and 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.

Develop, assess and entrench Risk Management Frameworks and regularly conduct independent evaluations thereof and propose same to the board when appropriate.

Design risk reports, conduct evaluations using exposure reports to assess levels of risk and identify new risks and escalate when appropriate.

Propose levels of risk appetite.

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.

Determine appropriate collateral types including risks and levels of discounting thereof.

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 propose and implement corrective action plans to mitigate risks.

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.

Establish bank capital calculations with regard to contributions to any mutualised default fund.

Propose methodologies for and establish regulatory and economic capital quantification for the JSE to ensure the solvency of the JSE.

Liaise with regulators to respond to regulatory queries, comment on draft regulations and reporting to regulators.

Supply clients with information to help them analyse and understand capital requirements by applying methodologies and make information as intuitive and explanatory as possible.

Assist with queries when clients enquire on valuation models and initial margin calculations.

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, propose to relevant governance committees, 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.

Make proactive recommendations to Board and Risk committee and to EXCO on capital and risk related policies, including risk appetite of the JSE to help establish complete and comprehensive risk frameworks, appetites and policies.

Design and specify new systems and processes for implementation for internal and external clients.

Minimum Requirements Degree in Risk.

Post-graduate (Honours / Masters / PhD in quantitative field and / or FRM, CFA or similar industry qualification).

5 years risk management experience in a trading, investments quantitative or market risk environment.

Knowledge and Skills required Basic software applications (e.g., Outlook, Word, Excel, Access, Internet, Email).

Divisional service offerings.

Business continuity standard.

Business principles.

Data analysis.

Decision-making process.

Industry trends.

International Standards for Professional Practice.

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