Risk Specialist (Asset and Liability Management) at Capitec Bank

Main Purpose

• We are seeking an experienced and analytical Risk Specialist to become part of our Risk Management team, with a primary focus on Asset & Liability Management (ALM). The role involves identifying, measuring, monitoring, and reporting on liquidity risk, interest rate risk, and funding strategies to ensure compliance with regulatory requirements and alignment with the bank’s risk appetite. You will provide quantitative expertise by developing and maintaining models, as well as delivering forward-looking insights into balance sheet risks.

As Risk Specialist your primary responsibilities will include:

• Develop and maintain ALM frameworks, policies, and procedures.
• Oversight of Liquidity Risk and Interest Rate Risk in the Banking Book
• ALM modelling and generating insights
• Perform stress testing and scenario analysis to assess financial resilience.
• Collaborate with Treasury, Finance, and Risk teams to optimize funding and capital strategies.
• Prepare ALM reports for senior management and regulatory bodies.
• Support ICAAP processes and contribute to regulatory submissions.

The ideal candidate will have:

• Minimum 4 years’ experience working in a banking environment, specifically in treasury risk or balance sheet management
• Prior exposure to ALM (Asset and Liability Management) functions
• Strong background in Liquidity Risk and Interest Rate Risk in the Banking Book (IRRBB)
• Quantitative experience, including developing or maintaining models and providing forward-looking forecasts of balance sheet risks
• A complete relevant degree

Technical competencies

• Financial and statistical modelling
• Risk management and regulatory compliance
• Data analysis and automation
• Project management and stakeholder engagement