Trading Regulatory Risk Specialist at RMB - Rand Merchant Bank

Job Description

• To ensure that internal and external reporting pertaining to market, counterparty credit and other risk types is done in accordance with industry and prudential standards, considering business policies and risk frameworks. 
• To interpret and translate regulatory requirements into context, and ensure that the implementation of trading regulatory principles are applied to mitigate regulatory risk and ensure that all reportable metrics are monitored and within acceptable risk tolerance levels.

Job Description

Are you someone who can:

• Monitor trading book risk, ensuring adherence to risk limits and compliance standards.
• Clearly provide insights on trading book risks to internal and external stakeholders through reports.
• Develop and maintain policies that foster a culture of regulatory adherence and good governance within the business area.
• Maintain function alignment with risk and compliance frameworks and operating standards.
• Collaborate with enablement teams to develop and maintain a strong regulatory and governance framework within the relevant business area/environment.
• Maintain strong relationships with internal and external stakeholders.
• Stay updated on market developments and regulatory changes.

 You will be an ideal candidate if you have:  

• Honours degree in Finance, Economics, Mathematics, or a related field.
• Minimum of 3-5 years of trading book risk monitoring and reporting.
• Strong understanding of trading risks i.e. market risk, counterparty credit risk and non-financial risks
• Excellent analytical, writing, and problem-solving skills.
• Proven ability to create clear reports and fit-for-purpose dashboards.
• Ability to work efficiently under pressure and manage multiple priorities.
• Strong communication and teamwork skills.