Job Description

To provide expertise, advice and support to develop operational implementation plans and / or associated service delivery processes, in order to continuously enhance service delivery.

To play a key role in performing advanced data analysis, developing risk models, and providing actionable insights. To utilise deepened understanding of more complex risk management principles in work delivery.

Hello Future Quantitative Risk Analyst

RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact.

United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart.

Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2025, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

Are You Someone Who Can

Understand CCR exposures, monitor exposures against limits, appropriately escalate limit breachesQuantify CCR exposures through using simulation-based and analytical methods and ability to perform attribution of exposuresDevelop, validate, and maintain models that measure and monitor counterparty exposures across trading products (derivatives and SFTs)Conduct portfolio risk reviews as well as stress testing and scenario analysisCollaborate with front-office, credit risk management, legal and regulatory teams to ensure compliance with internal risk appetite, industry standards and regulatory guidelinesDesign reports that represent CCR risks to senior management, risk committees, and regulators Enhance existing models to ensure risks are appropriately captured and align with best practice, regulatory requirements and internal risk appetiteUnderstand regulatory requirements pertaining to financial risk management and regulatory capital, including relevant Basel frameworks and the Bank’s Act.Support the execution of strategic initiatives Provide expertise and guidance in the development of detailed and comprehensive risk reports, ensuring they are accurate, timely, and provide actionable insights.Provide mentorship and development opportunities for team members, fostering a culture of continuous learning and improvements
 

You Will Be An Ideal Candidate If You

Minimum education: BSc Honours in Financial Mathematics, Quantitative Risk Management, Actuarial Science, or equivalent. MSc, FRM, CQF are advantageous A minimum working experience of 2 yearsCoding skills are advantageous (example SQL, R, Python, etc.)Industry experiences in financial marketsRegulatory knowledge Basel III/IV, SA-CCR, BA-CVA, SA-CVA and ISDA SIMMAnalytical thinking, strong communications skills, good stakeholder management, ability to work under pressure and be adaptable

You will have access to:

Opportunities to network and collaborateChallenging workingOpportunities to innovate

We can be a match if you are:

Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough toObsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do itLove putting our clients at the forefront of what you do

Are you interested to take the step? We look forward to engaging with you further. Apply now!

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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.

01/10/25

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.