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    Assistant Manager: Market Risk - Johannesburg, South Africa - KPMG-SouthAfrica

    KPMG-SouthAfrica background
    Description
    Position

    Assistant Manager, FRM, Advisory

    Contract type & Employment


    • Permanent
    • Full time
    Responsibilities

    Role Summary:


    As part of the Quantitative valuation and market risk team, you will work alongside a team of capital market specialists and will be able to quickly build upon your existing industry skills to become an expert in your field.

    You will be expected to lead projects and contribute to developing and nurturing our existing talent pool.


    Focus on preparation, delivery, reporting and evaluation of the results in response to the needs of stakeholders and external regulators will be key for the successful candidate.

    Details:


    • Work closely with partner and senior managers to deliver high quality valuation and market risk analysis services to our banking and financial services sector clients. The candidate will be involved in the review and assessment of Market risk methodologies and processes for the benefit of our banking clients.
    • Supporting projects related to the implementation of the Interest Rate Risk in the Banking Book (IRRBB) and the Fundamental Review of the Trading Book (FRTB)
    • Contributing to project related to Liquidity Risk and Counterparty Credit Risk, covering framework review, design and implementation
    • Involvement in Derivatives valuation projects using analytical and numerical methods
    • Prepare briefs and analytical notes and contribute to the writing of sections in analytical reports
    • Work in a client-facing capacity managing the delivery of work programs and responsible for management of client relationships on a day-to-day basis.
    • Coordinate with specialists within the broader team and the whole firm
    • Complete tasks and deliverables to a high-quality standard as part of client engagements - working to an agreed plan, budget, and quality.
    • Identify and document risks, issues and conclusions - consulting with appropriate team members as necessary
    • Escalate risks and issues beyond own experience or skill set
    • Lead thinking about the changing financial landscape by contributing to research for our clients.
    • Integrate with the KPMG community, both locally and internationally, to identify and convert opportunities for business growth.
    • Inspire, teach and coach the junior staff reporting to you.
    Qualification, Skills and Knowledge


    • Honours Degree in Quantitative Finance and ideally master's degree in financial engineering or Quantitative Finance
    • Certification such as FRM or PRM
    • Excellent Quantitative Skills
    • Development Skills (Excel/VBA, Python, R, C++)
    • Solid business writing skills
    • Attention to details
    • Ability to work under pressure
    • Team player
    Experience

    At least 4 years' experience in a top South African Bank or leading professional services firm

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