Alm Risk Analyst

time left to apply End Date : April 10, (2 days left to apply) job requisition id R

Job Description

Hello future ALM Risk Analyst!

FirstRand believes that its people are its single most important resource and will not operate in a sector unless it has people who are right for that market and who share FirstRand's business values.

We recruit self-starters who have a passion for what they do. We empower them, hold them accountable and reward them appropriately. We value diversity in our people, particularly for the way that this contributes to innovative thinking.

If you think you will flourish in our environment, and you believe you have the necessary skills and competencies for the position advertised, then we are looking for you!

Responsibilities

1. Conduct daily liquidity risk reporting e.g., daily liquidity coverage ratio.
2. Prepare and review of ALM risk BA returns for SA and foreign entities.
3. Ensure full compliance with appropriate regulations and published directives, circulars, and guidance notes.
4. Be aware of new regulations and provide guidance on how this could affect treasury operations.
5. Work with the assurance functions to continuously improve the effectiveness of the control environment.
6. Develop and provide guidance to risk production team(s) to support risk reporting / IT strategies.
7. Identify gaps in the existing risk processes and work cross-functionally to address them.
8. Provide guidance, support, and appropriate prioritization for key risk-based project deliverables.
9. Provide independent review of proposed business plans and transactions.
10. Ensure compliance with agreed ALM framework and policies.
11. Review and enhance appropriate (standardized) risk reporting to risk committee(s).
12. Conduct risk management education and training from time to time.
13. Report and conduct financial statement disclosures.
14. Actively participate in appropriate risk committees and forums.
15. Develop & maintain relationship with relevant management teams (including business and treasury).
16. Be kept informed of any new deals / products that are to be launched and identify how this could impact on risk processes and reporting.
17. Be responsible for the reporting aspects of the Asset Liability Management Risk function.

Qualifications

You will be an ideal candidate if you:

1. Under-graduate degree in Banking, Risk Management, Finance, Accounting or Auditing and / or quantitative subjects, Applied Mathematics, or Professional Accounting, and / or similar professional financial qualification.
2. 2 – 3 years + experience.
3. Capable of analyzing complex concepts and translating these into simple and concise narratives for management and other stakeholders.
4. Capable of managing large datasets using tools such as Excel / VBA / SQL / Power query.
5. Knowledge of ALM risk measures and practices.
6. Experience of balance sheet management / ALM systems such as KRM / QRM is advised.
7. Understanding of governance and control frameworks.

What We Offer

You will have access to:

1. Challenging work in a complex and exciting environment.
2. Opportunities to innovate and create efficiencies.

Are You a Match?

We can be a match if you are:

1. An experienced Asset and Liability Management Risk Analyst.
2. Obsessed with mastery.

Are you interested to take the step?

We look forward to engaging with you further.

Apply now!

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

10 / 04 / 25

All appointments will be made in line with FirstRand Group's Employment Equity plan.

The Bank supports the recruitment and advancement of individuals with disabilities.

Introduce Yourself

Introduce yourself to our recruiters and we will get in touch if there's a role that seems like a good match. Should you have any queries, please log it via MyQ.

About Us

The FirstRand Corporate Centre (FCC) houses many of the critical functions required by a large and complex financial services group. FCC's stakeholders are both external and internal, covering risk, compliance, governance, internal audit, treasury, finance, and tax amongst many others.