Treasury Risk Manager at FirstRand Corporate Centre

Job Description

• To set up and review appropriate risk metrics underpinning frameworks and or policies including that they are in line with best practice and international standards

Frameworks and governance

• Maintain and enhance the ALM Risk Management framework, policies and standards and ensure adherence to principles.
• Support the translation of board-approved risk appetite into limits and early warning indicators.
• Support the requirements of ALCO, Group Risk Committees and Board Risk Committees.

ALM Risk metrics and compliance

• Oversight of both internal and external regulatory metrics e.g. LCR, NSFR, maturity mismatches, funding concentration, PV01, EVE, NII sensitivity to ensure full compliance with existing regulatory reporting requirements, as well as with internal limits and thresholds.
• Reviewing risk metrics to ensure they are in line with best practice and international standards and comply with BCBS 239 requirements.
• Interpret and ensure implementation of new regulatory directives across jurisdictions and unpack potential impact on our existing processes to assist in managing the implementation of these.
• Support the preparation of committee packs and relevant ALM related submissions.
• Review and support the production of appropriate quantitative and qualitative data to support treasury risk disclosures in financial statements.
• Identify opportunities to enhance efficiencies, e.g. through automated reporting

Participate in industry forums

• Work with audit and compliance functions in providing assurance of the effectiveness of the control environment and to embed a functioning feedback loop

Business partnering

• Partner with Treasury and Business units on integrating risk measurement within their strategy development process (e.g. funding strategy) and balance sheet optimisation
• Provide advice, guidance and assistance to internal and external stakeholders, including the provision of business intelligence and insights on an ad hoc basis.
• Build sound relationships with all stakeholders, and display ability to communicate across various levels within the organization

Quantitative analysis and stress testing

• Enhance and maintain ALM stress testing frameworks and ensure these are implemented as required.
• Ensure that relevant stress testing scenarios are incorporated into internal information.
• Support the development of behavioral models for the balance sheet across ALM risk types
• Support the Contingency Funding Plan
• Perform deep dive analytics across liquidity and interest rate drivers

Leadership and capability building

• Mentor junior staff and support graduate programmes
• Provide formal training across jurisdictions on ALM Risk topics
• Contribute to risk culture

Candidate profile

• 7–10 years’ experience in liquidity risk, ALM, treasury risk or balance sheet risk within a large bank
• Strong quantitative background (Mathematics, Statistics, Engineering, Actuarial, Economics or similar).
• Deep understanding of Basel III ALM standards and regulatory expectations
• Proven experience engaging with senior stakeholders and regulators
• Commercially minded, analytically strong and confident operating at senior management level

Qualifications (Preferred)

• Post graduate qualification in a quantitative discipline
• FRM, CFA, CA (SA

Deadline:3rd March,2026