Market Risk Manager

2 weeks ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time
Job Title: Assistant Market Risk Manager

Network Recruitment is seeking a highly skilled Assistant Market Risk Manager to join our team. As a key member of our risk management team, you will be responsible for providing high-quality valuation and risk analysis services to our banking and financial clients.

Key Responsibilities:
  • Collaborate with Senior Managers: Work closely with senior managers to deliver high-quality risk analysis services to clients.
  • Review and Assess Market Risk Techniques: Review and assess market risk techniques and processes for clients, ensuring they meet regulatory expectations.
  • Support Projects: Support projects on Interest Rate Risk in the Banking Book (IRRBB) and the Fundamental Review of the Trading Book (FRTB), contributing to the development of risk management frameworks.
  • Contribute to Liquidity Risk and Counter-party Credit Risk Projects: Contribute to liquidity risk and counter-party credit risk projects, including framework review and implementation.
  • Participate in Derivatives Valuation Projects: Participate in derivatives valuation projects using analytical and numerical methods, ensuring accurate and timely results.
  • Prepare Briefs and Reports: Prepare briefs, analytical notes, and reports sections, communicating complex risk analysis to stakeholders.
  • Manage Client Relationships: Manage client relationships, overseeing work program delivery and ensuring high-quality results.
  • Coordinate with Specialists: Coordinate with specialists across the team and firm, ensuring seamless collaboration and knowledge sharing.
  • Ensure High-Quality Deliverables: Ensure high-quality deliverables within agreed timelines and budgets, identifying and documenting risks, issues, and conclusions as needed.
  • Contribute to Client Research: Contribute to client research on the evolving financial landscape, staying up-to-date with industry trends and developments.
  • Mentor and Coach Junior Staff: Mentor and coach junior staff, sharing knowledge and expertise to support their growth and development.
Requirements:
  • Education: Bachelor's Degree in Quantitative Finance, with a Master's in Financial Engineering or Quantitative Finance preferred.
  • FRM or PRM Certification: FRM or PRM certification advantageous.
  • Experience: Minimum 4 years' experience in a prominent South African bank or professional services firm.
  • Skills: Strong quantitative and development skills (Excel, VBA, Python, R, C++), proficient in business writing, detail-oriented with the ability to work under pressure, and a collaborative team player.


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