Risk Analyst

1 week ago


Johannesburg, Gauteng, South Africa IT Ridge Technologies Full time

The purpose of this position is to assess, monitor and manage credit risk exposures in line with the company's risk tolerance

Detailed Description:

  • Analyze, assess and evaluate financial, market and business information in order to report on credit risk to facilitate informed decision making on the foreign exchange, gold and other fixedincome reserve portfolios
  • Prepare and coordinate daily, weekly, monthly, quarterly and annual risk reports on risks taken and the risk profile of counterparties.
  • Perform fundamental credit analysis on counterparties, including financial statement analysis.
  • Develop and recommend strategies for credit risk management.
  • Conduct research on credit risk developments and models, and make recommendations based on the findings.
  • Contribute towards the formulation of credit riskrelated policies and ensure the implementation thereof.
  • Coordinate the deliverables of team members in the context of projects and reporting.
  • Participate in crossfunctional activities for the alignment and harmonization of riskrelated information.
  • Deliver presentations to stakeholders
  • Develop and maintain business relationships with experts in the financial markets industry.
  • Create and maintain procedure manuals for operational purposes.
  • Provide guidance and mentorship to analysts in the division.
  • Maintaining sound relationships with all stakeholders

Job Requirements

  • Bachelor's degree in Investment Management, Risk Management, Finance, Accounting or a related field
  • A minimum of five years' experience in credit risk management and various aspects of financial markets

The following will be an added advantage:

  • an Honours degree in Investment Management, Risk Management, Finance, Accounting or a related field
  • A Chartered Financial Analyst (CFA), Professional Risk Management (PRM) or Financial Risk Manager (FRM) qualification and project management skills.

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