Senior Manager: Interest Rate Risk Management and

2 weeks ago

Johannesburg, South Africa Nedbank Full time

Job Family- Risk, Audit and Compliance
- Career Stream- Enterprise Wide Risk Management
- Leadership Pipeline- Manage Managers

**Purpose of role**
- The Nedbank Group has a robust interest rate risk in the banking book (IRRBB) management framework supported by a Macro Fair Value Hedge Accounting (MFVHA) solution. This IRRBB management framework and MFVHA solution is owned by BSM and is continuously enhanced to ensure that the source of interest rate risk is identified, measured, managed and reported and that MFVHA models are effective in reducing P&L volatility by reviewing valuation methodologies and other model parameters. Collaborating and maintaining strong working relationships with the different areas in BSM, Group Risk, Treasury and front lines businesses to facilitate and coordinate the implementation; ongoing execution and continued enhancement of effective and efficient risk management practices within Nedbank to make us world class at managing interest rate risk, and so achieve our strategic objectives.

**Outputs (deliverables)**
- Identification of the sources of interest rate risk and enhancement of hedging processes to ensure that material risk positions are identified and included in the hedging programme in line with ALCO hedging mandates.
- Manage the MFVHA month-end processes and associated reporting of P&L into the various executive committees and public disclosures.
- Ensure compliance to interest rate risk regulatory requirements (Regulation 30) and hedge accounting standards (IAS39).
- Manage the House View Forum (HVF) processes including budget rates, meeting packs and approvals.
- Monitoring of the effectiveness of the hedging programme within approved thresholds and optimisation of hedging processes to reduce hedging costs.
- Perform “deep dives” into specific hedging portfolios to ensure that the risk is appropriately hedged taking into account the behavioural nature of portfolios and optionality.
- Oversight and input into all IRRBB related processes (including development and enhancements pertaining to the ALM system) and internal and external reporting, and backup to key processes.
- Represent Nedbank at the applicable industry forums.

**Formal Qualification**
- Essential: Post graduate degree in Accounting, Economics or Financial Risk Management
- Preferred: Masters degree in Accounting, Economics or Financial Risk Management, CFA/ FRM
- Experience- 8 to 10 years’ experience within a Markets, Treasury, Balance Sheet Management or Asset and Liability Management function.
- 5 years in a people management position.
- Implementation of regulatory and accounting standard changes.
- Personal Style and values- Must demonstrate a willingness to enhance understanding of current methodologies and models (self-starter).
- Excellent verbal and written communication skills. Must be able to explain complex and/or technical matters clearly, accurately and simply.
- High levels of resilience, determination and drive.
- Professional/Technical Competencies- Strong analytical and quantitative skills.
- Excellent programming skills.
- Excellent presentation skills.
- Excellent problem solving skills.
- Must be able to handle pressure and to operate with relative ease in a dynamic environment.
- Focus on detail and potential errors, must be methodical and organized.
- Detail-oriented and self-motivated.
- Work hard, smart, productive, business driven, be able to deliver under pressure.
- Ability to work in a team and engage with senior stakeholders.
- Behavioural Competencies- Building Partnerships
- Coaching
- Continuous Learning
- Customer Focus
- Facilitating Change
- Influencing
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_

  • Senior Manager

    Found in: Talent ZA C2 - 3 weeks ago

    Johannesburg, South Africa Isilumko Staffing Full time

    We are seeking a Senior Manager to oversee and optimize all Treasury and Trading activities in alignment with our clients' organizational objectives and regulatory requirements. Key Responsibilities:Ensure compliance with Head Office Treasury guidelines, ALCO, Credit, and Executive Management directives, adhering to Treasury-related Policy and Procedure...

  • Senior Manager

    Found in: Talent ZA 2A C2 - 3 weeks ago

    Johannesburg, South Africa Isilumko Staffing (JHB) Full time

    We are seeking a Senior Manager to oversee and optimize all Treasury and Trading activities in alignment with our clients' organizational objectives and regulatory requirements. Key Responsibilities:Ensure compliance with Head Office Treasury guidelines, ALCO, Credit, and Executive Management directives, adhering to Treasury-related Policy and Procedure...

  • Senior Manager

    Found in: Adzuna ZA B C2 - 3 weeks ago

    Johannesburg, South Africa Adzuna ZA B C2 Full time

    We are seeking a Senior Manager to oversee and optimize all Treasury and Trading activities in alignment with our clients' organizational objectives and regulatory requirements. Key Responsibilities:Ensure compliance with Head Office Treasury guidelines, ALCO, Credit, and Executive Management directives, adhering to Treasury-related Policy and Procedure...

  • Alm Risk Head

    1 day ago

    Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - Develop and implement strategies for the effective and efficient management of interest rate, inflation, credit, liquidity and other ALM risks taken on by the non-banking entities in the FirstRand Group incl. Insurance entities - Build and operate the reporting processes within...

  • Senior Treasury Manager

    Found in: Whatjobs ZA C2 - 1 week ago

    Johannesburg, South Africa Isilumko Staffing (JHB) Full time

    As a Treasury and Trading Manager, you will be responsible for overseeing all Treasury and Trading related activities, ensuring compliance with Head Office Treasury guidelines, ALCO, Credit, and Executive Management directives. Your role will involve managing cash positions, coordinating liquidity risk, setting Treasury Department parameters, and more. Key...

  • Senior Treasury Manager

    Found in: Talent ZA C2 - 3 weeks ago

    Johannesburg, South Africa Isilumko Staffing Full time

    As a Treasury and Trading Manager, you will be responsible for overseeing all Treasury and Trading related activities, ensuring compliance with Head Office Treasury guidelines, ALCO, Credit, and Executive Management directives. Your role will involve managing cash positions, coordinating liquidity risk, setting Treasury Department parameters, and more.Key...

  • Senior Treasury Manager

    Found in: Talent ZA 2A C2 - 3 weeks ago

    Johannesburg, South Africa Isilumko Staffing (JHB) Full time

    As a Treasury and Trading Manager, you will be responsible for overseeing all Treasury and Trading related activities, ensuring compliance with Head Office Treasury guidelines, ALCO, Credit, and Executive Management directives. Your role will involve managing cash positions, coordinating liquidity risk, setting Treasury Department parameters, and more.Key...

  • Senior Treasury Manager

    Found in: Adzuna ZA B C2 - 3 weeks ago

    Johannesburg, South Africa Adzuna ZA B C2 Full time

    As a Treasury and Trading Manager, you will be responsible for overseeing all Treasury and Trading related activities, ensuring compliance with Head Office Treasury guidelines, ALCO, Credit, and Executive Management directives. Your role will involve managing cash positions, coordinating liquidity risk, setting Treasury Department parameters, and more.Key...

  • Xva Market Risk Head

    1 day ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To ensure oversight and management of market risk by defining and measuring adherence to risk appetite, limits and loss tolerance levels as a subset of the overall markets financial risk appetite, and ensuring support on aggregating risk appetite across these risk types. To manage and supervise the operation of Market Risk Department in...

  • Manager - Credit Risk

    Found in: Talent ZA 2A C2 - 3 weeks ago

    Johannesburg, South Africa JeloCorp Full time

    Main purpose of the Job:To carry out comprehensive credit risk management for the branchDuties & Responsibilities:To analyze credit applications made by the corporate banking and treasury departments, including risk review of internal credit ratings and post-loan management reports.Review credit limit and transaction application and provide risk review...

  • Senior Risk and Control/ Tech Risk Officers

    5 days ago

    Johannesburg, South Africa Outsource Business Management SA Full time

    Senior Risk and Control Officer **Role Objective**: Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Absa Policies and Policy Standards Understand and manage risks and risk events (incidents) relevant to the role. **Overall Job Purpose**: To support...

  • Manager - Credit Risk

    Found in: Talent ZA C2 - 3 weeks ago

    Johannesburg, South Africa Jelocorp Full time

    Main purpose of the Job:To carry out comprehensive credit risk management for the branchDuties & Responsibilities:To analyze credit applications made by the corporate banking and treasury departments, including risk review of internal credit ratings and post-loan management reports.Review credit limit and transaction application and provide risk review...

  • Senior Manager: Margin Analytics

    1 day ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Consultant** - REQ 133195 - Michelle Thabethe- Job Family- Risk, Audit and Compliance- Career Stream- Enterprise Wide Risk Management- Leadership Pipeline- Manager of others**Job Purpose** - The Margin Analytics function plays an important role in Nedbank in terms of unpacking the Group and cluster-level net...

  • Flow Trading Market Risk Head

    1 day ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To ensure oversight and management of market risk by defining and measuring adherence to risk appetite, limits and loss tolerance levels as a subset of the overall markets financial risk appetite, and ensuring support on aggregating risk appetite across these risk types. To manage and supervise the operation of Market Risk Department in...

  • Senior Manager Treasury Dealer

    Found in: Whatjobs ZA C2 - 1 week ago

    Johannesburg, South Africa Isilumko Staffing (JHB) Full time

    We are seeking a Senior Manager to oversee and optimize all Treasury and Trading activities in alignment with our clients' organizational objectives and regulatory requirements.   Key Responsibilities: Ensure compliance with Head Office Treasury guidelines, ALCO, Credit, and Executive Management directives, adhering to Treasury-related Policy and Procedure...

  • Senior Manager, ALM Systems Development and Support

    Found in: beBee S ZA - 4 weeks ago

    Gauteng, Johannesburg, South Africa Standard Bank Group Full time

    Standard Bank Group’s job vacancy, Career and Recruitment Job title : Senior Manager, ALM Systems Development and Support jobs in Gauteng Job Location : Gauteng, Johannesburg Deadline : May 04, 2024 Quick Recommended Links Jobs by Location Job by industries Job Description To lead and drive the end-to-end Asset and Liability Management (ALM)...

  • Senior Manager, ALM Systems Development and Support

    Found in: beBee S ZA - 3 weeks ago

    Gauteng, Johannesburg, South Africa Standard Bank Group Full time

    Standard Bank Group’s job vacancy, Career and Recruitment Job title : Senior Manager, ALM Systems Development and Support jobs in Gauteng Job Location : Gauteng, Johannesburg Deadline : May 04, 2024 Quick Recommended Links Jobs by Location Job by industries Job Description To lead and drive the end-to-end Asset and Liability Management (ALM)...

  • Senior Manager/Dealer

    Found in: Whatjobs ZA C2 - 1 week ago

    Johannesburg, South Africa JeloCorp Full time

    Main Purpose: To partake in all Treasury and Trading related activities, ensuring compliance to Head Office Treasury guidelines, ALCO, Credit and Executive Management directives, in accordance with the Treasury related Policy and Procedure manuals. Duties & Responsibilities: Advise on the branch's daily liquidity requirements based on a funding report...

  • Senior Manager/Dealer

    Found in: Talent ZA 2A C2 - 2 weeks ago

    Johannesburg, South Africa JeloCorp Full time

    Main Purpose:To partake in all Treasury and Trading related activities, ensuring compliance to Head Office Treasury guidelines, ALCO, Credit and Executive Management directives, in accordance with the Treasury related Policy and Procedure manuals.Duties & Responsibilities:Advise on the branch's daily liquidity requirements based on a funding report provided...

  • Senior Manager/Dealer

    Found in: Adzuna ZA B C2 - 2 weeks ago

    Johannesburg, South Africa Adzuna ZA B C2 Full time

    Main Purpose:To partake in all Treasury and Trading related activities, ensuring compliance to Head Office Treasury guidelines, ALCO, Credit and Executive Management directives, in accordance with the Treasury related Policy and Procedure manuals.Duties & Responsibilities:Advise on the branch's daily liquidity requirements based on a funding report...