Market Risk Analyst

20 hours ago


Pretoria, South Africa Global e-Talent Full time

The purpose of this position is to realise the responsibilities of the Risk Support Department (RSD) in respect of the supervision and regulation of market risk, equity risk in the banking book, margin requirements and counterparty credit risk (risk types) emanating from the activities in which institutions, falling under the supervisory scope of the Prudential Authority (PA), participate.

Understanding institutions strategies and business models in the relevant environments to which the risk types relate.

Monitoring the relevant industrys exposure to the risk types.

Monitoring industry compliance with regulations governing these risk types.

Benchmarking an institutions risk management practices with respect to the risk types of management best practice.

Evaluating an institutions internal models for management of these risk types.

Providing specialist input with regards to the risk types to front-line supervision and policy development.

Developing analytical methods to analyse and interpret risk-based regulatory data submissions.

Participating in capital/own fund requirement-adequacy assessments.

Contributing to risk-based meetings with representatives of an institution and their auditors.

Conducting thematic reviews pertaining to the risk types; and

Informing the RSD of the aggregate behaviour of banks pertaining to the risk types.

**Job Requirements**:
A relevant Honours degree of commerce, science (particularly in the financial mathematics and financial engineering disciplines), finance, risk management, or accounting.

5-8 years applicable experience in the banking, insurance or financial regulator sector in positions related to the risk types.

Knowledge of, and experience in, the banking, insurance and financial market infrastructure systems, financial products, regulations, and risk type approaches and models


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