61 Risk Management Analyst jobs in South Africa

Our client is a highly regarded Boutique Asset Management company based in Cape Town – due to a restructuring and reengineering process they now have the requirement for a skilled and experienced Risk & Performance Analyst, this new role will comprise the following job duties.

1. Performance Measurement & Attribution | Oversee theend-to-endperformancecalculation and reporting process.

Objective: To calculate and explain portfolio returns accurately and provide attribution insights that help portfolio managers and clients understand the sources of performance.

Key Processes:

• Daily NAV, return reconciliation and validation: Reconcile and verify returns across mandates, ensuring alignment with fund administrators and internal systems.
• Performance attribution: Conduct both top-down (asset allocation, sector, region) and bottom-up (security selection) attribution across equity, fixed income, and multi-asset portfolios.
• Benchmark alignment: Maintain benchmark data and ensure accurate benchmarking for relative performance reporting.
• GIPS compliance: Assist in maintaining compliance with Global Investment Performance Standards (GIPS) and support audit processes as needed.
• Enhance performancemodels, tools, and automation processes to improve efficiency.

1. Independent Risk Management Function | Risk Management & Monitoring

Objective: To identify, measure, monitor, and report portfolio risks across strategies in a manner that supports both regulatory and investment team requirements.

Key Processes:

• Risk modelling: Run risk models to evaluate ex-ante (forward-looking) and ex-post (historical) risk metrics such as tracking error, VaR, beta, and volatility.
• Scenario & stress testing: Simulate portfolio outcomes under various macro and market shock scenarios (interest rate shifts, FX movements, etc.).
• Limit monitoring: Track adherence to client-mandated and regulatory constraints (e.g., issuer limits, sector caps, Reg 28 compliance).
• Liquidity risk monitoring: Assess portfolio liquidity profiles and highlight risks associated with redemptions or market dislocation.

1. Reporting & Insights

Objective: To deliver clear and value-adding reporting to internal stakeholders and clients.

Key Processes:

• Client reports: Prepare monthly/quarterly performance and risk reports tailored for consultants, institutional clients, and retail platforms.
• Board and EXCO support: Provide analytical support and dashboards for internal governance bodies and investment committees.
• Investment team interface: Work closely with portfolio managers to provide analytical insights that support portfolio construction and decision-making.
• Ad hoc analysis: Run performance or risk analysis to support product development, RfPs, or client servicing queries.

1. Data Governance & Systems

Objective: To ensure high-quality data and infrastructure underpin performance and risk processes.

Key Processes:

• System management: Maintain and enhance the performance and risk systems (e.g., Bloomberg PORT, Morningstar, StatPro, proprietary tools).
• Data integrity: Work with data teams to ensure clean and consistent security, pricing, and benchmark data.
• Automation and efficiency: Streamline reporting and analytics processes through scripting, dashboards, or integration with BI tools (e.g., Power BI, Tableau).

1. Compliance, Audit & Regulatory Support

Objective: To support compliance and audit functions through robust controls and documentation.

Key Processes:

• Audit support: Provide evidence for performance figures and methodology during internal and external audits.
• Regulatory reporting: Contribute to regulatory filings (e.g., CISCA, Reg 28, ASISA risk classification).
• Policy development: Assist in drafting and maintaining policies related to performance measurement, risk management, and model validation.

1. Strategic Initiatives and Special Projects

Objective: To contribute to initiatives that enhance client engagement, deepen investment insights, and strengthen market positioning.

Key Processes:

• Management Information & Insights:Develop and deliver data-driven insights and dashboards that support executive decision-making and business strategy.
• Sales Enablement Tools:Create analytical tools and materials to articulate our role within client solutions (e.g., portfolio construction impact, equity factor exposure analysis).
• Market Intelligence & Research:Support industry benchmarking, market trend analysis, and client research to inform distribution strategy and enhance positioning.

Key Stakeholders:

• Portfolio Managers & CIO
• Client Reporting and Relationship Management
• Compliance & Legal
• Fund Operations & Administration
• External Auditors, Consultants, Clients

To apply for the role please send your CV and supporting documentation to

• Contribute to crafting of IT departmental business plan to ensure delivery of focus areas for the year in support of IT strategy
• Apply cost effectiveness principles in planning and delivery to contribute to achievement of divisional financial targets
• Provide relevant input into the formalisation of the divisional budget
• Manage allocated budget by tracking costs and recommending solutions that meet critical business needs
• Provide guidance to the business on best system solution selection to ensure fit to the client's requirements and meet the future strategic objectives
• Champion Business Analyst services with stakeholders
• Observe and be involved in the day to day operations to understand the business domain and business needs and requirements of relevant stakeholders
• Provide insight regarding BA methodologies and best practices to internal clients to enable a BA presence within the group
• Maintain and build relationships with Business Owners to ensure the BA team is consulted and involved in initiatives that may require IT support
• Determine business requirements and actively manage key projects to ensure expectations are met
• Conduct Business Owner feedback sessions with every milestone phase of a project to inform business of progress, manage business expectation proactively and measure the effectiveness of Business Process Improvement
• Build relationships with other IT teams, like Enterprise Architecture and other key counterparts
• Ensure regular engagement (as needed) with all stakeholders to gain visibility and maintain relationships through networks utilising social media, attending and presenting at conferences and training interventions
• Build strategic / Industry/ Global network of thought leaders and relationships utilising social media, attending and presenting at conferences and training interventions
• Meet stakeholder needs accurately by following the Business Analyst process flow methodology to maintain quality and consistency of service provided
• Manage stakeholder relationships by communicating openly and honestly with regards to project status
• Manage own delivery on multiple and/or complex projects against departmental delivery plan and set timelines, identify obstacles to delivery and take appropriate action where required
• Receive request from business to start new project and conduct stakeholder analysis to clearly define the relevant people required for information gathering
• Gather supporting information by holding interviews, conducting surveys, running workshops and reviewing existing documents and information
• Draft a full system requirements plan to detail the activities and outputs
• Execute the requirements plan in alignment with Software Development Lifecycle process to ensure compliance
• Obtain system project classification by presenting the business requirement to the initiation forum
• Conduct a cost and benefit analysis to assess the feasibility of the requirements
• Produce a business case study by assessing solution options, considering costing and risks to formulate a recommendation
• Support the business sponsor to develop and present the business case
• Create the business requirements specification document to confirm clarity of business scope
• Create the functional requirements specification document to translate the business requirements into functional requirements
• Present functional requirements specification to all stakeholders to validate the requirements and solution
• Recommend the most effective course of action after evaluating options against decision criteria
• Provide regular feedback and progress to all stakeholders on current projects
• Review the technical design specifications to check that all requirements are included
• Review the test cases to ensure that it covers all scenarios related to the functional requirements
• Assist the development team and testers to perform root cause analysis for any functional defects
• Perform adhoc functional testing for quality assurance
• Ensure correct utilisation of solution developed by creating user training manuals
• Assist business by project co-ordination of deliverables for small initiatives
• Proactively or by request identify obstacles to performance relating to process flow and identify opportunities for optimisation
• Assist users in being effective by utilizing the new solution productively
• Partner with the project manager/lead to contribute to the development of the Senior Business Analysts role and delivery plan to ensure a successful solution delivery output
• Reduce time spent on projects by elicitation, analysis and optimisation of business requirements
• Contribute to BA COE practice development by presenting courses to the team
• Improve personal capability and professional growth relating to field of expertise, in line with the client's objectives by discussing development needs and proposed solutions with management
• Keep abreast of changes in legislation or standards by conducting research and utilizing networks
• Up skill team and other professionals by sharing knowledge and research results
• Epitomise living the company's 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 clients results

• Bachelor's degree or Diploma in IT or Engineering
• Business Analyst Certification from a reputable institution
• +7 years' experience in the BA field with a focus on in Capital Markets and Risk Management
• Candidates must come from the Financial Sector
• Gather Business Knowledge
• Must be able to collaborate with Internal Stakeholders effectively

• Basic software applications (e.g., Outlook, Word, Excel, Access, Internet, Email)
• Divisional service offerings
• Business continuity standard
• Business principles
• Data analysis
• Decision-making process
• International Standards for Professional Practice
• Must be able to work under pressure

Please note that this is a Hybrid role.

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Santam is looking for a passionate and energetic individual for a position as Technical Support: Geographical Information Systems & Risk Analysis who will be based in Tygervalley, Bellville. This exciting opportunity is available within Santam Group Underwriting.

This role will provide support to the technical specialist in the Risk Management Team, positioned in the Underwriting Risk Management department. This will include:

• Assist with the management of certain project deliverables (e.g. geocoding, thatch accumulation, etc.).
• Assist with the management of ESRI’s cloud solution, ArcGIS Online.
• Data management: collection, cleaning, analysing, and visualisation of non-spatial/spatial data.
• Daily duties on the FloodQueries (flood) mailbox and the MyLocation (geocoding) mailbox.

KEY ACCOUNTABILITIES:

• Assist with the management and execution of the project deliverables.
• Underwriting Viewer support: Provide administrative and data management support to the ArcGIS Online Viewer application.
• Data collection, cleaning, and analysis: Perform daily GIS tasks relating to data collection, cleaning and analysis for both spatial and non-spatial data.
• Geocoding of Santam policy data: Perform the cleaning of address data, followed by geocoding and reverse geocoding.
• GIS analysis.
• Report writing (presenting research or analysis results).
• LITool updates on the Viewers and PolicyCenter (PC).
• Application development, support, and updates.
• ArcGIS Online management and support.
• Conduct training sessions (e.g. geocoding, viewers overview).
• FloodQueries mailbox management: Be responsible for e-mail queries relating to flood reviews one day per week.
• MyLocation mailbox management: Be responsible for e-mail queries relating to geocoding enquiries one day per week.

• BSc/Bachelor’s degree in Geomatics/Geoinformatics or relevant specialist degree.
• 10 - 15 years’ experience as a GIS Technologist/Professional.

• Basic knowledge of disaster risk (floods, fire, etc.).
• Must be proficient in the ESRI software suite (e.g., ArcGIS Pro, ArcGIS Online).
• GIS data capture, data preparation and analytics.
• Python scripting skills for customisation and automation will be a benefit.
• Geocoding capabilities.
• Spatial analytics.
• Coordinate Systems and Map Projections.
• Research and report writing.
• Advance knowledge in MS Office: Word, Excel, PowerPoint, Outlook.
• Good communication, presentation, and networking skills.
• Ability to work under pressure.
• Teamwork.
• Analytical thinking.
• Problem solving.
• Time management.
• Client focus.
• Flexibility and adaptability.
• Drives results.
• Cultivates innovation.
• Plans and aligns.
• Balances stakeholders.

Stay safe online. Now more than ever it’s important to be cybersafe. See Santam’s tips to help you stay safe online. Learn more.

Santam is looking for a passionate and energetic individual for a position as Technical Support: Geographical Information Systems & Risk Analysis who will be based in Tygervalley, Bellville. This exciting opportunity is available within Santam Group Underwriting.

This role will provide support to the technical specialist in the Risk Management Team, positioned in the Underwriting Risk Management department. This will include:

• Assist with the management of certain project deliverables (e.g. geocoding, thatch accumulation, etc.).
• Assist with the management of ESRI’s cloud solution, ArcGIS Online.
• Data management: collection, cleaning, analysing, and visualisation of non-spatial/spatial data.
• Daily duties on the FloodQueries (flood) mailbox and the MyLocation (geocoding) mailbox.

KEY ACCOUNTABILITIES:

• Assist with the management and execution of the project deliverables.
• Underwriting Viewer support: Provide administrative and data management support to the ArcGIS Online Viewer application.
• Data collection, cleaning, and analysis: Perform daily GIS tasks relating to data collection, cleaning and analysis for both spatial and non-spatial data.
• Geocoding of Santam policy data: Perform the cleaning of address data, followed by geocoding and reverse geocoding.
• GIS analysis.
• Report writing (presenting research or analysis results).
• LITool updates on the Viewers and PolicyCenter (PC).
• Application development, support, and updates.
• ArcGIS Online management and support.
• Conduct training sessions (e.g. geocoding, viewers overview).
• FloodQueries mailbox management: Be responsible for e-mail queries relating to flood reviews one day per week.
• MyLocation mailbox management: Be responsible for e-mail queries relating to geocoding enquiries one day per week.

• BSc/Bachelor’s degree in Geomatics/Geoinformatics or relevant specialist degree.
• 10 - 15 years’ experience as a GIS Technologist/Professional.

• Basic knowledge of disaster risk (floods, fire, etc.).
• Must be proficient in the ESRI software suite (e.g., ArcGIS Pro, ArcGIS Online).
• GIS data capture, data preparation and analytics.
• Python scripting skills for customisation and automation will be a benefit.
• Geocoding capabilities.
• Spatial analytics.
• Coordinate Systems and Map Projections.
• Research and report writing.
• Advance knowledge in MS Office: Word, Excel, PowerPoint, Outlook.
• Good communication, presentation, and networking skills.
• Ability to work under pressure.
• Teamwork.
• Analytical thinking.
• Problem solving.
• Time management.
• Client focus.
• Flexibility and adaptability.
• Drives results.
• Cultivates innovation.
• Plans and aligns.
• Balances stakeholders.

ROLE OF THE ECONOMIST

• Daily, apply analytical tools necessary to identify, assess, manage and monitor country / industry risks; and implement and maintain the ECIC underwriting engines to comply with international best practice.
• Compile country/ industry/ sector reports as well as providing inputs to publications that identify trade and investment opportunities for the benefits of South African exporters and investors.

KEY ACCOUNTABILITIES, MEASURES & INTERFACES

• Research, analysis, interpretation and preparation of reports summarising economic data.
• Apply risk assessment methodologies and models for country, industry/ sector and pricing.
• Independently investigate and prepare political, economic and industry briefs/reports of countries in which ECIC would have political and commercial risk appetite.
• Conduct debt sustainability analysis on countries and make recommendations to key committees.
• Compile country and industry risks assessment reports, that enable effective decision making.
• Monitor and manage country/sector risk exposure limits as well as single obligor limits, in line with the Corporation’s risk appetite.
• Liaise with the other Business Units and management on operational issues and evaluation of project insurance applications.
• Work with Senior Economists and contribute to key publications.
• Prepare quarterly economic strategy reports. This includes South African and global economic write-ups. This must be presented to clients, executives and at strategic Board meetings.

KEY ACCOUNTABILITIES, MEASURES & INTERFACES

Key Measures

• Technical reports writing
• Strategic ad hoc research & analysis
• Interaction with internal & external clients & stakeholders

Key Interfaces

• All Operational functions
• ECIC key stakeholders

QUALIFICATIONS & EXPERIENCE

A Bachelor’s Degree in Economics, Econometrics, Commerce, International Studies, Business Sciences, Political Sciences or any relevant field with subjects in Economics or Econometrics as majors. Minimum 3 years' experience is required in the field of economic research, country risk analysis and/or industry/ sector analysis in a business, academic or financial environment.

SKILLS & ABILITIES

The incumbent should have demonstrated the following competencies:

• Economic research & International relations research
• Data analysis,
• Report writing,
• Risk analysis
• Excellent communication and writing skills.
• Ability to work independently
• Ability to use own initiatives.
• Ability to prioritize own tasks effectively
• Ability to work under pressure.
• Ability to forge relationships with other areas of the business and at all levels;
• Problem solving skills to identify issues and present creative and practical solutions.

BEHAVIOURAL COMPETENCIES

The incumbent is required to have the following Behavioural competencies:

• Problem solving: Demonstrates adequate problem-solving skills and appropriately applies proven solutions.
• Delivery : Translates business objectives into practical, prioritised and organised action plans; ensures plans are safely and successfully implemented.
• Conflict resolution : Identifies and pushes for solutions in which all parties can benefit.
• Team participation : Consistently offers relevant inputs to team discussions as issues are being clarified and solutions are being developed.
• Flexibility : Available to work more than ordinary business hours.

Closing Date : Monday, 18^th July 2025

NOTE : It is ECIC’s intention to promote equity through the filling of posts, according to the set Employment Equity targets.

Data Protection

Personal information collected and processed for purposes of recruitment will be protected from unauthorised access and improper use or disclosure.

Declaration and Informed Consent

By submitting your application for the advertised role, you give ECIC permission to process your personal information and you acknowledge that you understand the purpose for which it is required and for which it will be used. Furthermore, you declare that all personal information supplied to the ECIC for the purposes of recruitment is accurate, up to date, not misleading and that it is complete in all respects.

Key responsibilities

Managing client financial risk management activities

Risk monitoring and reporting (internal and external to clients)

Development, maintenance and improvement of risk reports

Maintenance of market rates environment

Monitor and understand financial markets for opportunities / threats that affect client portfolios

Valuation of derivatives

Pricing and execution of hedging strategies (commodities, FX, interest rates) in accordance with client policies and procedures

Assist Front Office team with derivative pricing

Assist Back Office area with queries on transactions

Market research and producing market update reports (commodities FX and interest rates) for client meetings

Key Skills

Knowledge of the price / market risk management process, risk measurement and reporting

Working knowledge of the corporate treasury environment and the process flow between front, middle and back office

Working understanding of macro-economics and business environment

Business acumen

Knowledge of programming languages (e.g. VBA, etc.)

Mathematical abilities

Good numeric and financial mathematics skills

Derivative pricing knowledge

Thoroughness and accuracy

Report writing / composition

Working Hours

Expected to work average 8 hours working day, but dependent on clients / business needs

Should be willing to work odd hours (early mornings and late evenings) when required by clients in time zones other than CAT

Should be willing to work on special projects where large volumes of work are handled in short periods of time, including weekends. These occur rarely

Should be willing to put in extra time / effort to assist other team members during busy periods

Interpersonal skills

Team player

Communicate with confidence and authority when interacting with clients, which would usually be senior people in companies (e.g. Treasurer, Financial Manager, FD / MD)

Calm under pressure

General

Subscribe to highest ethical and professional standards

Committed

Curious

Innovative

Willing and keen to learn

Enjoy working with numbers

Should have own reliable means of transport

Reliable internet access for remote working

Qualifications, Skills & Experience :

Honours Degree in Finance / Commerce and / or CFA, FRM

Financial Risk Management experience

Excellent working knowledge of Microsoft Excel

Excellent communication skills

Salary - R500 000pa CTC

Job category: Credit Analysis and Risk Management

Contract: Permanent

Remuneration: Market Related

EE position: Yes

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.

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.

• 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.

• 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.

• 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.

• 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.

• 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

Key responsibilities
Managing client financial risk management activities
Risk monitoring and reporting (internal and external to clients)
Development, maintenance and improvement of risk reports
Maintenance of market rates environment
Monitor and understand financial markets for opportunities/threats that affect client portfolios
Valuation of derivatives
Pricing and execution of hedging strategies (commodities, FX, interest rates) in accordance with client policies and procedures
Assist Front Office team with derivative pricing
Assist Back Office area with queries on transactions
Market research and producing market update reports (commodities FX and interest rates) for client meetings

Key Skills
Knowledge of the price/market risk management process, risk measurement and reporting
Working knowledge of the corporate treasury environment and the process flow between front, middle and back office
Working understanding of macro-economics and business environment
Business acumen
Knowledge of programming languages (e.g. VBA, etc.)
Mathematical abilities
Good numeric and financial mathematics skills
Derivative pricing knowledge
Thoroughness and accuracy
Report writing/composition

Working Hours
Expected to work average 8 hours working day, but dependent on clients / business needs
Should be willing to work odd hours (early mornings and late evenings) when required by clients in time zones other than CAT
Should be willing to work on special projects where large volumes of work are handled in short periods of time, including weekends. These occur rarely <3 times per annum.
Should be willing to put in extra time/effort to assist other team members during busy periods
Interpersonal skills
Team player
Communicate with confidence and authority when interacting with clients, which would usually be senior people in companies (e.g. Treasurer, Financial Manager, FD / MD)
Calm under pressure

General
Subscribe to highest ethical and professional standards
Committed
Curious
Innovative
Willing and keen to learn
Enjoy working with numbers
Should have own reliable means of transport
Reliable internet access for remote working

Qualifications, Skills & Experience:
Honours Degree in Finance/Commerce and/or CFA, FRM
Financial Risk Management experience
Excellent working knowledge of Microsoft Excel
Excellent communication skills

Salary - R500 000pa CTC