Alm Risk Analyst

time left to apply End Date : April 10, (2 days left to apply) job requisition id RJob 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 and to embed a functioning feedback loop.
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 prioritisation 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 relationships with relevant management teams (including business and treasury).
16. Develop & maintain relationships with teams driving new group reporting and data strategies.
17. Be kept informed of any new deals / products that are to be launched and identify how this could impact on risk processes and reporting.
18. Be responsible for the reporting aspects of the Asset Liability Management Risk function such as conformance and adherence with: Group policies; risk limits; the relevant regulations across jurisdictions; and ensure constant review / enhancements of existing processes to improve the underlying control framework informing outputs to various key stakeholders.

Qualifications:

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 (e.g., NII sensitivity, reprice and cashflow ladders).
6. Experience of balance sheet management / ALM systems such as KRM / QRM is advised.
7. Understanding of governance and control frameworks.

You will have access to:

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

We can be a match if you are:

1. An experienced Asset and Liability Management Risk Analyst.

In this role you will be responsible for the regulatory and external reporting of Asset & Liability Management across the Group. Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it. 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. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

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, such as regulators, shareholders, global developmental institutions and government; and internal, mainly the businesses that service the group's customers. These critical functions cover risk, compliance, governance, internal audit, treasury, finance and tax amongst many others.

They require deep specialist and technical skills and ultimately represent the custodianship of the FirstRand group's licence to operate. FCC employees develop a unique perspective of the group because nowhere else can you own or be part of a mandate that operates across the portfolio. This allows for both big picture thinking and operational learning. It is also a great place to drive collaboration and a place to have a significant impact.