(523) Market Risk Analyst - FMD at South African Reserve Bank

Detailed description 

The successful candidate will be responsible for, among other things, the following key performance areas:

• Analyse, assess and evaluate financial, market and business information in order to report on market risks to facilitate informed decision making on the foreign exchange, gold and other fixed-income reserve portfolios of the SARB.
• Prepare and coordinate daily, weekly, monthly, quarterly and annual risk reports and provide analysis on the market risk measures and how they impact the SARB’s investments.
• Develop and recommend strategies for market risk management of the SARB’s  investment portfolios.
• Conduct research on market risk developments and make recommendations based on the findings.
• Assist in the conceptualising and building of market risk models for calculating market risks associated the SARB’s portfolios and particular trades or strategies. 
• Contribute towards the formulation of market risk-related policies and ensure the implementation thereof.
• Coordinate the deliverables of team members in the context of projects and reporting.
• Participate in cross-functional activities for the alignment and harmonisation of risk-related information.
• Develop and maintain business relationships with experts in the financial markets industry.
• Create and maintain procedure manuals for operational purposes.
• Provide guidance and mentorship to analysts in the division.
• Maintaining sound relationships with all stakeholders.

QUALIFICATIONS

Job requirements

To be considered for this position, candidates must have:

• an Honours degree (NQF8) or equivalent in Investment Management, Risk Management, Finance, Accounting or a related field; and 
• a minimum of five years’ experience in market risk management and various aspects of financial. 

The following will be an added advantage

• as a Chartered Financial Analyst (CFA), Professional Risk Management (PRM) or Financial Risk Manager (FRM) qualification and project management skills.
• knowledge of Environmental Social and Governance investment processes.