Senior Manager Market Risk
6 days ago
Are you market risk professional? Then this role may be for you.
We are presently recruiting searching for a Senior Manager: Market Risk, for an investment management company. This role reports into the General Manager of Investment risk, and has four direct reports into it; 2 Senior Analysts and 2 Analysts). This role is based out of** Pretoria**,
Some key duties for the incumbent are:
- Develop and maintain a financial risk management framework, encompassing the market and liquidity risk frameworks, including processes and procedures for a structured approach to risk identification, assessment, measurement, reporting and monitoring in the corporation
- Monitor market and liquidity risk compliance with mandates, deal agreements, policies, processes and procedures, in relation to investment risk
- Monitor and report portfolio Investment Risk periodically (daily, monthly, quarterly, annually)
- Review risk reports compiled by the Market Risk Analysts and Senior Analysts
- Report periodically to various committees within the corporation
- Responsible for ensuring the corporation’s policies, procedures, guidelines for market risk are reviewed periodically, ensuring that they remain relevant to the environment and aligned to best practice
- Oversight of investment risk systems, ensuring the corporation adopts best practice solutions to manage market risk
- Valuation of financial instruments and derivatives
The main requirements for the role are:
- Degree in Commerce or Risk Management
- Post graduate qualifications / Financial Risk Management and/or CFA, PRM and/or equivalent
- At least 5 - 8 years financial risk management experience in financial services industry
- Sound understanding of financial risk management principles
- FAIS RE 05 certification or must be obtained after employment
- Advanced knowledge of investment risk management systems
- 1 - 2 years’ experience in team leadership and people management
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