Senior Market Risk Analyst at Nedbank

Job Responsibilities

• Provide accurate senior management level risk reporting through daily review and distribution of relevant reports.
• Minimise unintended losses linked to market risk by proactively supplying information for decision making to senior management.
• Minimise costs by ensuring that auditors receive information timeously.
• Support business in the special deal process by providing relevant input and analysis as needed.
• Ensure compliance to policy and mandates through effective monitoring and reporting to minimise losses 
• Maintain and build on existing client relationships through regular communication with front office.
• Contribute to overall performance of team by sharing knowledge with the team.
• Establish and maintain sound working relationships with external stakeholders e.g. regulators through regular and timeous reporting.
• Support the achievement of the business strategy, objectives and values by reviewing Nedbank and Business Unit Plans and ensuring delivered systems, process, services and solutions are aligned.
• Provide senior management with high level feedback through timeous and accurate reports on both regular and ad hoc basis.
• Ensure that mandate breaches are fully understood and do not expose the bank to excessive risk through relevant analysis.
• Ensure the accuracy of risk reports by regular review and management of the reconciliation process.
• Enhance current methodologies/ policies and practices by keeping abreast of new industry developments and seeking opportunities for improvements.
• Ensure that models, methods, principles developed and systems used in pricing and risk management are understood and well communicated to senior management by regular and adhoc reporting.
• Ensure understanding of Level 3 market risk policies and procedures by regular reviews.
• People Specification

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Preferred Qualification

• CFA, Financial Risk Management (FRM)

Minimum Experience Level

• 5 or more years experience in market risk and/or quantitative analysis within global markets