Macroprudential Specialist Stress

2 weeks ago


Pretoria, Gauteng, South Africa Kamo Placement Full time
Gauteng, Tshwane (Pretoria)

  • Annually Cost To Company (Market related, Negotiable)


The main purpose of this position is to lead the development and implementation of stress testing frameworks in order to promote stability in the financial system.

This includes a quantitative analysis of potential systemic risks and advising policymakers on the soundness of financial institutions under stress scenarios.


JOB DESCRIPTION

  • Contribute to the development and implementation of topdown and bottomup stress testing frameworks (methodologies, processes, models etc.).
  • Conduct stresstesting exercises and report the results to policymakers.
  • Conduct research to inform the assumptions and relationships that underpin the relevant models.
  • Conduct research on macroeconomic stresstesting and possible financial stability risks to enable the early detection of systemic vulnerabilities and provide thorough reports on the findings.
  • Build econometric models to stresstest the resilience of financial institutions.
  • Contribute to the development and implementation of monitoring frameworks for systemic risk in domestic financial institutions.
  • Prepare briefings and presentations on stresstest results, research findings and economic analysis, and present these to internal and external stakeholders.
  • Deliver work independently and determine deliverables from a range of prescheduled and ad hoc team responsibilities.

JOB REQUIREMENTS
- the minimum of an Honours degree (NQF 8) in Econometrics, Economics, Mathematics or Statistics, a partial qualification in Actuarial Science, or an equivalent qualification; and
- the minimum of five years of job-related experience with a background in stress-testing, model development and/or quantitative analysis of systemic risk in the financial sector.

The following would be an added advantage:

  • experience in relevant programming languages (e.g. Matlab, Python, R)
- significant progress with Actuarial Science examinations; and/or
- proven experience in insurance regulation.

For more information please contact:
- margret chifamba

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