Specialist: ALM at Liberty Group South Africa

Purpose

• The primary role is to provide technical support to Liberty’s equity and interest rate non-linear ALM portfolios in managing market risk, day-to-day processes and to interface with stakeholders. The role will expose the successful candidate to an array of financial instruments such as equity derivatives, interest rate derivatives and government bonds.

Key Responsibilities

• Work within a fast-paced trading and financial markets-focused team.
• Run a subset of the ALM portfolio from day-to-day (Monitor Risk and PNL).
• Execute market facing hedging strategies.
• Analyse and investigate asset and liability pricing models and risk metrics.
• Pricing of guaranteed investment and fixed income products.
• Use modern financial mathematics to help with the development and implementation of stochastic and deterministic financial models, primarily in the equities and fixed income space.
• Provide technical and operational support to other senior members within the ALM team.

Minimum Qualifications

• Bachelor`s Degrees and Advanced Diplomas [NQF Level 07] in Finance Economics and Accounting

Additional Qualifications

• Strong result in a quantitative degree at a postgraduate level.

Minimum Experience

• 2 - 3 years experience in a similar environment

Knowledge

• Enthusiasm for financial markets.
• Knowledge of applying statistical techniques to financial modelling.
• Programming experience (Python, VBA, Matlab).
• Familiarity with risk-neutral pricing techniques.
• Understanding of South African markets, particularly in equities and fixed income.