Manager, Market Risk X3

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

The role requires the incumbent to take responsibility for rotational placement into a Market Risk manager role (rates, equities, forex, commodities etc.) in either SA and/or Africa regions.

 

Minimum Qualifications

Type of Qualification: Post Graduate Degree

Field of Study: BSc Honours Maths of Finance; BSc/BBusci Actuarial Sciences; MCom (Risk Management); BSc/BCom Honours Mathematical Statistics, Quantitative Finance.

Other Minimum Qualifications, Certifications or Professional Memberships: FRM or CFA



Experience Required

4-5 years experience in Market Risk or Global Markets or related functions is critical. Proficiency in the understanding of Market Risk as a control function including, market risk identification, measurement, analysis, and reporting. Understanding of Global Markets Derivative products (linear and non-linear), their valuations, and the use of associated risk sensitivity measures to inform risk-based decisions.

4-5 years experience in stakeholder management with ability to engage senior bank stakeholders on key market risk exposures. Experience in change management would be beneficial (being a Market Risk business lead in the implementation of new risk measurement systems). Proficiency in Regulations that impact Market Risk. Basic coding and automation skills are beneficial.

Behavioral Competencies:

• Upholding Standards and Following Procedures
• Interpreting Data and Checking Details
• Meeting Timescales and Persuing Goals
• Examining Information and Documenting Facts
• Team Working and Embracing Change

Technical Competencies:

• Exposure to Global Markets products and market risks that emanate from them
• Analytical skills and understanding of Market Risk governance frameworks including regulations that impact these
• Numerical competence, derivative valuation and assessments
• Risk Reporting and automation
• Written Communication, stakeholder management and leading Market Risk change initiatives