Product Risk Team Lead (49075) at Ntice Sourcing Solutions

Job Description

Team Manager - Risk Department (Gauteng)

• My client is seeking a highly motivated and experienced Risk Manager to lead and develop our growing Risk team based in Gauteng.
• This is an exciting leadership role that requires strong management skills and a solid background in economics, quantitative disciplines, or actuarial science.
• The successful candidate will be hands-on with day-to-day activities, while also driving the team's growth and performance.

Key Responsibilities

Reporting & Analysis:

• Prepare accurate daily Profit & Loss (P&L) reports
• Generate detailed daily position reports by strategy, region, and instrument, including analysis of position changes.
• Collaborate on month-end P&L reconciliation with accounting teams, identifying and resolving discrepancies.
• Produce ad-hoc management reports and analyses as required.
• Coordinate daily with the global Risk team to ensure alignment.

CTRM System Oversight:

• Maintain data integrity and quality within the Commodity Risk Management (CTRM) system.
• Work closely with IT and front office teams to support system enhancements, including user acceptance testing
• Act as the primary contact for troubleshooting and resolving system and data issues promptly.

Team Leadership & Development:

• Lead, coach, and mentor 2-3 team members to foster professional growth and high performance.
• Participate in recruitment efforts, including screening and interviewing new candidates.
• Conduct regular performance reviews and provide constructive feedback.
• Manage daily workflows, schedules, and project deadlines.
• Report team progress and challenges to senior management.

Continuous Improvement & Strategic Initiatives:

• Identify opportunities for process improvement and automation in routine tasks.
• Support strategic projects such as new commodity onboarding, compliance reviews, and risk framework updates.
• Engage in cross-training to build broader risk management expertise and provide backup support when needed.

Qualifications & Experience

• A strong educational background in Economics, Quantitative Sciences, or Actuarial Studies is essential.
• Minimum of 5 years' leadership experience in product risk, risk management, or middle office functions, commodity trading and ideally within trading or financial services environments.
• Experience in data analytics and advanced proficiency in tools like MS Office (Excel, Power BI) is required.
• Advanced professional qualifications (CFA, FRM) are advantageous but not mandatory.
• Exceptional attention to detail, analytical mindset, and a passion for continuous learning and process improvement.
• Excellent communication skills in English, both verbal and written.
• Ability to lead and motivate a team in a fast-paced, dynamic environment.
• Proactive, accountable, and highly organized with a positive attitude.
• Should you meet the required skills please respond to this advert