Risk and Capital management analyst - DCEM

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

The Risk and Capital Management Specialist is vital in identifying and responding to regulatory change and updates to the credit risk (SACCR and CVA) regime while ensuring the highest internal standards and governance are adhered to.  This person must continuously seek ways to contribute to delivery of the business.  He/She will be responsible for the regulatory reporting and the implementation of SACCR and CVA capital models, as well as ensuring that control and governance requirements are met. The individual must ensure that best practices are in place through efficient and scalable processes.

Job Description

Accountability: Market and Valuation Risk Oversight

Governance and Control

• Understand and comply with all applicable governance, compliance and risk policies and procedures, ensuring that the relevant documentation is in place.

Risk Evaluation

• Identify market, regulatory or other developments which may affect market and valuation risk models and methodologies.
• Understand the intricacies of new regulatory approaches so as to develop and implement appropriate models and advise business on impact on the potential risk-weighted returns.

Risk Monitoring and Measurement

• Monitor changes in regulations and legislation and ensure firm is informed and educated on relevant topics by taking responsibility for rolling out necessary changes.
• Understand the drivers behind regulatory changes.
• Review of existing measurement methodologies and recommend improvements where necessary.
• Establish an appropriate risk reporting and monitoring framework, ensuring businesses are aligned to governance framework and defined risk appetite.

Accountability: Capital Management

• Ensure that appropriate models are used for accurate capital calculations for both regulatory and management purposes.
• Responsible for reporting an accurate EAD component of the SACCR and CVA calculations, including understanding drivers, inputs into the calculations, counterparties specific structures, adjustments to the calculation.
• Establish and maintain selective daily / monthly / quarterly risk and capital measurement and forecasting processes.

Accountability: Projects and Innovation

• Drive enhancements of processes by measuring the effectiveness of all procedures. Review of existing measurement methodologies and recommend improvements where necessary.
• Implement best practices as relevant and proactively find value-adds to the business and timely respond to business needs.
• Be part of the process to bring regulatory capital pricing drivers into markets trading decision-making.

Accountability: Stakeholder and Relationship Management

• Lead by example in building strong relationships.
• Establish and nurture influential relationships with a wide network across the organization in order to identify synergies and optimally leverage relationships, knowledge, services and resources to provide superior solutions.
• Timely escalation of potential issues to relevant stakeholders.

Education and Experience Required:

• Post Graduate qualification in Commerce, Finance, Risk Management, Statistical or Mathematical essential
• 2+ Banking Regulatory experience (SACCR, CVA and credit risk RWA’s)

Knowledge & Skills:

• Knowledge of capital risk measures related to SACCR and credit risk RWA’s
• Knowledge and understanding of investment banking
• Strong understanding of financial instrument and risk across banking and trading spectrum
• Understand middle and back office operations and supporting infrastructure and risk management processes
• Good communication (written and oral) and documentation skills
• Able to adhere to strict governance and control procedures, including both internal and external requirements
• Problem solving skills - able to solve problems into their components and identify innovative and practical solutions
• Capability and ability to assimilate new information (able to deconstruct problems into their components and identify innovative and practical solutions)
• Able to collaborate effectively across teams to solve complex problems
• Takes initiative for problem solving, has