Subscribe to Job Alert
Join our happy subscribers
Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us
Nedbank Group Limited is a bank holding company that operates as one of the four largest banking groups in South Africa. The company's shares have been listed on the JSE Limited since 1969. The group offers a wide range of wholesale and retail banking services through four main business clusters, namely Nedbank Corporate and Investment Banking, Nedbank Retai...
Job Purpose
To provide high quality, timely, independent and objective market risk analysis and reporting in order to ensure that risk taking is within the defined risk appetite, in line with the business strategy.
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
Essential Qualifications
Professional Qualifications/Honour’s Degree
Preferred Qualification
Chartered Financial Analyst (CFA) ,Financial Risk Managment (FRM).
Minimum Experience Level
5 or more years experience in market risk and/or quantitative analysis within global markets
Type of Exposure
Analysing and interpreting qualitative and quantitative data
Drafting reports
Interacting with various levels of management
Managing conflict situations
Managing multiple projects
Influencing stakeholders to obtain buy-in for concepts and ideas.
Communicating complex information orally
Communicating complex written information.
Sharing information in different ways to increase stakeholders understanding.
Identifying trends
Technical / Professional Knowledge
Banking knowledge
Governance, Risk and Controls
Industry trends
Microsoft Office
Principles of project management
Relevant regulatory knowledge
Relevant software and systems knowledge
Research methodology
Decision-making process
Data base programming knowledge
Behavioural Competencies
Communication
Continuous Learning
Collaborating
Decision Making
Initiating Action
Work Standards
Build your CV for free. Download in different templates.
Join our happy subscribers