Market Risk Analyst at Rand Merchant Bank

Job description

Qualifications/Experience

Minimum Honours Degree in Mathematics, Physics or Quantitative Finance; Financial Risk Manager (FRM) Qualification, CFA or Certificate in Quantitative Finance (CQF) advantageous

Minimum 1-2 years similar working experience; Experience in market risk within a financial institution advantageous

The main function of this role is to form part of the trading function within Global Markets and work alongside all the traders in order to understand the drivers of profit and losses through risk factors, as well as manage the market risk profile of GM within the board-approved risk appetite.

Some of the input actors for the role are as follow:

• Build and/or improve on a risk report for various trading desks
• Perform market risk factor analysis in order to identify risk
• Attribute profit and losses to various market risk factors
• Identify, quantify, analyse and troubleshoot market risk issues
• Evaluate, implement and optimise risk management processes and systems
• Attribute actual profits and losses to its risk sensitivities
• Explain large profits/losses to top management in terms of market risk sensitivities
• Ensure daily interaction with traders and conduct scenario analysis on their behalf
• Build and maintain professional working relationships with all stakeholders, displaying excellent abilities to initiate dialogue, listen, advise, influence and negotiate to achieve win-win outcomes
• Initiate meetings with key stakeholders to track progress, manage expectations and ensure stakeholders’ requirements are delivered
• Preserves relationships despite airing conflicting views and seeks mutual gains when addressing conflicts
• Anticipates consequences and adapts problem solving based on continual feedback
• Act speedily to resolve problems, queries and complaints
• Adapt communication styles to meet the needs of different audiences