Gss Credit and Market Risk Manager

About us, purpose, experience and qualifications

**about us**:
**purpose**:

- To monitor Counterparty Credit and Market Risks across all GSS Business pillars and to ensure that risk is maintained at appropriate levels.**experience and qualifications**:

- Bachelors Degree in Pure or Applied Mathematics, Actuarial Science or relevant equivalent
- Honours Degree in Pure or Applied Mathematics, Actuarial Science or relevant equivalent
- 3 to 5 years experience in a similar environment, of which 1 to 2 years ideally at junior or entry level management
- Programming using SQL/VBA/Python/R - advantageous.
- Understanding of the Financial Markets products
- Competencies:

- Judgement and Decision Making
- Analytical Thinking
- Verbal and Written Communication
- Building Relationships
- Decisiveness and Action Orientation
- Ethical Judgement
- Mathematical Acumen
- Business Insight and Risk Awareness
- Time and Self-Management**additional requirements**:
**responsibilities**:

- Deliver customer experience excellence aligned to Organisational values and service standards
- Build professional long-term relationships with customers based on trust that builds the brand
- Collect and interrogate information and feedback to ensure full understanding of customer needs to deliver a quality service
- Provide customers with relevant information to keep them informed of products and service options
- Build relationships that allow for the managing of expectations; the sharing of knowledge and diverse insights; and the creation of buy-in
- Engage in cross-functional relationships to obtain and to provide work support
- Build close relationship with the Heads of Risk.
- Required to have a relationship with business but critical to retain independence as Risk.
- Process and analyze daily ETL’s and VAR metrics from Murex
- Process risk reports from various trading systems, consolidate and publish to a client portal
- Update collateral reports per client and provide feedback to GSS operations team
- Assess reasonability of risk numbers and investigate where there are issues
- Disseminate risk report to clients and monitor exposures to ensure that the organization is within an acceptable risk appetite at a counterparty and portfolio level
- Process pre-trade risk calculations to assess portfolio risk impacts
- Escalate breaches and heightened risk in line with Markets escalation policy as the 2nd line of defense is critical.
- Perform ad-hoc analyses of the risk portfolio by sourcing required information from risk systems
- Conduct the necessary research for reporting and distribute findings to the relevant Business Unit and Risk Heads
- Undertake risk reporting to various Risk Committees on a consolidated counterparty credit risk profile
- Needs to be a self-starter and take initiative and ownership of the risk area.
- Monitor market and liquidity risk compliance with mandates, deal agreements, policies, processes and procedures, in relation to investment risk
- Monitor and report portfolio Investment Risk periodically (daily, monthly, quarterly, annually)
- Review risk reports compiled by the Market Risk Analysts
- Report periodically to various committees within the corporation
- Responsible for ensuring the corporation's policies, procedures, guidelines for market risk are reviewed periodically, ensuring that they remain relevant to the environment and aligned to best practice
- Oversight of investment risk systems, ensuring the corporation adopts best practice solutions to manage market risk
- Valuation of financial instruments and derivatives
- Oversight of market data and instruments pricing
- Formulate and manage the department budget
- Periodic portfolio analysis (including stress-testing, and scenario analysis) as required
- Responsible for ensuring internal controls for Market Risk department remain robust and introduce and implement additional controls where required
- Represent the Risk department in various committees and in client engagement meetings
- Improve business decisions by providing accurate and reliable business intelligence (information) together with analysing trends and data
- Provide regular reports on delivery of services against agreed service level agreements and in terms of overall customer targets
- Accumulate information to review work progress that provides input to reporting, decision making and the identification of improvement opportunities
- Assess own performance against competencies and skills required delivery
- Identify development needs and select effective solutions to address own development need
- Prepare a personal development plan with management to implement and review as required
- Monitor own progress against development plan and measure impact of results
- Participate and contribute to a development culture where information regarding successes, issues, trends and ideas are actively shared
- Build and sustain collaborative working relationships with relevant peers and stake