Senior Risk Management Specialist

6 days ago


Johannesburg, Gauteng, South Africa Network Recruitment Full time
Job Description

The Department of Risk Management is responsible for ensuring that the risk-reward profile of trade books is fully understood by senior management and that the company's physical exposure is valued correctly.

A key responsibility of this role is managing junior risk managers while undertaking your own risk management duties.

In addition to providing support, the Senior Risk Management Specialist should also be proactive with their communication with risk management and traders.

Key Responsibilities:
  • Trade Management: Ensure accurate and prompt entry and maintenance of physical and derivative trades.
  • Risk Reporting: Calculate and run daily risk reports, including profit and loss calculations.
  • Process Development: Provide assistance in developing systems, processes, and reports.
  • Communication: Maintain effective communication with traders and senior management about results.
  • Issue Identification: Make sure reports and measurements reflect issues identified and are communicated proactively.
  • Ad Hoc Duties: Perform ad hoc duties as needed.
Requirements:
  • Education: Degree in Mathematics, Finance, or Economics (Honours Degree preferred).
  • Experience: 3 to 7 years' experience in financial services or commodities trading.
  • Skills: VBA and Python coding skills are advantageous. Experience managing a team and mentoring junior members is preferred.
  • Personal Qualities: A high level of numeracy, as well as analytical and problem-solving abilities. Strong communication skills required, with the ability to understand different perspectives and convey complex ideas to various audiences.
  • Teamwork: Capable of constructively challenging proposals to ensure their robustness while maintaining positive working relationships.
  • Independence: Able to work well in a team, flexibly managing a diverse range of issues. Must work independently with a focus on practical business benefits, often under tight deadlines.


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