Risk Manager - Cape Town, South Africa - Aquarius Recruitment

Aquarius Recruitment

Verified Company

Cape Town, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Introduction

As Risk Manager, you will lead and support the continuing development of the banks ALM function, develop risk models (excel) and support the annual planning process.

You will work collaboratively with departments such as Treasury and Accounting. Deliver high-standard work and be comfortable with change.

The Role

To support the management of liquidity, interest rate, foreign currency, hedging and other balance sheet risks

To identify, measure and report ALM risks on the balance sheet of the bank

To maintain, monitor and review the ALM framework, policies and contingency plans

To manage risks tools relating to ALM risks, and ensure accurate and timeous reporting to stakeholders

To perform appropriate and relevant stress testing and sensitivity analysis, including recommendations on practical and appropriate management actions to mitigate the impact and reporting thereof

To accurately and timeously perform calculations on key ALM metrics

To ensure compliance with the requirements of the ICAAP and Recovery Plan in relation to ALM risks

To timeously meet ad-hoc requests of internal and external stakeholders

To ensure compliance with regulatory requirements, timeously implement regulatory reforms, prepare for regulatory engagements and respond to requests from the Regulator

Implementation of regulatory reforms related to ALM

Responsible for drafting meeting presentations for regulatory meetings

To ensure public disclosures of ALM risks are in compliance with regulatory requirements (Pillar 3 disclosures)

Completion of regulatory assessments issued by the regulator such as Quantitative Impact Assessments, Industry Surveys, etc.

To complete and provide support to the Accounting department in terms of compiling regulatory returns

To create informative analysis using the data from regulatory returns, etc.

Asset and Liability Management reporting

To prepare accurate and insightful ALCO reports

Perform secretarial duties for ALCO

To timeously respond to audit queries

To manage third party engagements with services providers

To provide training on policy changes, regulatory reforms, etc. to ALCO

To back-up Middle-Office

To provide support to management, where required

Work Experience

Qualifications and Skills

The type of skills we are looking for include the following:
Good communicator, written and verbal and able to replay complex issues or improve understanding of key issues

Strong analytical skills and high attention to detail

Strong influencing skills, including building relationships with key stakeholders to drive solutions

Team orientated

Strong organisational skills, able to prioritise competing requirements and implement plans to deliver against them

Modelling and stress testing using excel (VBA)

People management experience