Risk Management Specialist for Market Exposures

1 month ago


Pretoria, Gauteng, South Africa Network Recruitment Full time
Job Title: Risk Management Specialist for Market Exposures

About the Role:
This exciting opportunity exists within the Market Risk Division of a leading insurer in South Africa. As a Risk Management Specialist for Market Exposures, you will be responsible for overseeing and managing key risk areas, including market risk, counterparty credit risk, and margin requirements. The role will cover diverse areas across banks, insurers, and financial institutions, ensuring compliance with regulatory standards.

Main Responsibilities:
Assess and understand institutions' strategies and business models to identify potential risks.
Monitor and benchmark industry risk exposure and regulatory compliance to ensure adherence to regulatory frameworks.
Provide expert insights for policy development and front-line supervision to mitigate risks effectively.
Develop analytical methods for risk-based data submissions to enhance decision-making processes.
Engage with institutions on capital adequacy assessments and thematic risk reviews to promote risk awareness.
Participate in developing and maintaining statutory regulations for risk types to ensure compliance.

Requirements:
A postgraduate degree in Banking, Data Science, Finance, Financial Engineering, Statistics, or a similar field is required for this position.
The ideal candidate should have 5-8 years of experience in risk management within banking, insurance, or financial regulatory sectors.
In-depth knowledge of local/global markets, financial risk management, and regulatory frameworks is essential.
Familiarity with trading, investment, and risk management systems is also necessary.
Proficiency in Power BI, Tableau, and programming (Python or R) is required.
Achieving certifications such as CFA, FRM, PRM, or CQF would be advantageous.

About Network Recruitment:
We are a specialist recruiter focusing on Actuarial & Analytics roles. Our team has extensive experience in placing top talent within the industry.

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