Senior Liquidity Risk Strategist
7 months ago
**Requisition Details & Talent Acquisition Consultant**
- REQ 133837 - Michelle Thabethe- Job Family- Investment Banking
- Career Stream- Market Risk
- Leadership Pipeline- Manage Self: Professional
**Job Purpose**
- To assist with overall measurement, monitoring and management of liquidity risk across the Group within the Board approved risk framework while contributing to the implementation of world class liquidity risk standards.**Responsibilities**:
- The main responsibilities of the role are listed below:
- Liquidity risk measurement, monitoring and management based on the Board approved liquidity risk appetite
- Maintaining and enhancing the Internal Liquidity Adequacy Assessment (ILAAP) process, incorporating international best-practice benchmarking
- Strategic management of liquidity risk to ensure compliance with regulatory requirements
- Assist with the review and update of the ICAAP/ ILAAP and Liquidity Simulation for the African Subsidiaries, London Branch and Nedbank Private Wealth International.
- Assist with liquidity risk management in the foreign entities
- Contribute to ALCO report, Pillar III, GRCMC report, ECC report, GAC report, annual financial statements, etc
- Research international liquidity risk management best practice (research, position papers, impact assessments, international benchmarking, etc.)
- Challenge liquidity risk models, including evaluating the reasonableness of inputs/ assumptions and performing output analysis to test the functionality of the models
- Work directly with business to ensure sound understanding of strategic liquidity risk management and value
- adding contribution to enhance proactive liquidity risk management
- Engagement with BASA (Banking Association of South African) and the SARB (South African Reserve Bank) within Nedbank approved channels
- Propose modifications/ enhancements to liquidity risk methodologies, frameworks, limits/ targets, and policies
- Evaluate the appropriateness of intra-day liquidity risk management practices deployed by CFD, ensuring compliance with Group ALCO and regulatory requirements
- Play a key role in building high quality liquidity risk management requirements in the Nedbank ALM system
- Actively contributing to data mining/ sorting and enhancing MI reporting capabilities required to support Basel III, intra-day liquidity risk management and best practice
- Essential Qualifications - NQF Level- Matric / Grade 12 / National Senior Certificate
- Professional Qualifications/Honour’s Degree
- Preferred Qualification- BSc. Degree, Chartered Accountant CA(SA), Financial Risk Management (FRM).
- Minimum Experience Level- 5 or more years’ experience within a risk environment in the banking industry, ideally in a balance sheet management role with liquidity risk management and or ALM modelling exposure.
**Technical / Professional Knowledge**
- Banking knowledge
- Balance sheet management knowledge
- Quantitative modelling experience
- Governance, risk and controls
- Industry trends and research
- Microsoft Office (Excel and PowerPoint)
- Principles of project management
- Relevant regulatory knowledge
- Research methodology
- Decision-making process / Process management
- Communication and presentations
- Business writing skills
- Reporting
- Strategic Planning
- Behavioural Competencies- Analytical thinking
- Problem solving and analysis with ability to handle complexity
- Creative and innovative thinker
- Result focussed
- Adaptability and flexibility
- Quality oriented
- Effective communication
- Continuous learning
- Collaborating
- Decision making
- Initiating action
- Planning and organising
- Energetic and positive
**Disclaimer**
**_Please contact the Nedbank Recruiting Team at +27 860 555 566_**
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_
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