Financial Risk Analyst (SP7)- Financial Risk
Listing reference:
capgh_000274
Listing status:
Online
Apply by:
28 October 2024
Position summary
Introduction
Responsible for identifying and assessing key financial risks within the banking environment and serve as a support function to senior analysts in the financial risk team. Extract and transform data and compile reports for different areas including Treasury Middle Office, Credit Risk and Asset and Liability Risk. Perform routine operations and reporting (regulatory and business as usual) within the financial risk environment. Be comfortable with teamwork.
Job description
Key Performance Areas
1.
Asset and Liability Risk Management Support (Main)
Prepare and aggregate data for report modelling and forecasting.
Extract and analyze monthly data to prepare the monthly ALCO and LMRF report, and ALMAN or other similar model(s).
Conduct research and analysis for investigations in the asset and liability management space.
Secretarial duties for the ALCO (taking minutes of meetings, distribution of pack etc.) and/or support to the Secretariat/Chairman of the meeting as may be required.
Assist with updates of necessary policies and terms of reference.
Update monthly KRIs.
Assist with the update of the monthly and quarterly returns to Bank of Namibia
Prepare the quarterly group ALCO report
Assist the ALM Risk Manager with ALCO and LMRF actions
Assist with specific areas of the annual financial statements and ICAAP
2.
Credit Risk Management Support (for continuity purposes in team)
Credit risk data extraction and populating data analysis sheets for Credit Risk Dashboard and reports.
Monthly population of credit risk report for CRF, BCC and Risk Committee.
Quarterly update of the BARC report.
Gathering macro-economic data and forecasts for updates and development of models.
Investigation of the macro-economic environment and outlook.
Population of KRI report.
Assisting the Credit Risk Manager with credit risk related investigations.
Obtain data and MIS requests from stakeholders and respond promptly and in a professional manner with verified data.
Assist with updating of applicable policies and terms of reference.
Annual update of the credit risk self-assessment.
Monthly run and updating of IFRS 9 models and compiling reports
Assist with specific areas of the annual financial statements and ICAAP
3.
Treasury Middle Office Operations
Perform oversight on activities and reporting performed by the Treasury Middle Office teams within the respective banks in Group.
Provide insight and analytics to the TMO and Treasury teams in the respective legal entities as and when may be required.
4.
Other
Familiarise themself with policies, manuals and internal documentation, as well as management models pertaining to market and credit risk.
Identifying and analysing existing and potential risks in any product or activity offered or envisaged to be offered by Bank Windhoek.
Ensure the follow-up of issues identified during the monitoring process.
Engage with business to pro-actively identify potential market and credit risk, as requested and/or as deemed necessary through indicative analyses
Assisting the managers in preparing and presenting reports to the Board Audit, Risk and Compliance Committee, the Executive Management Team, Asset and Liability Committee and the Risk Committee.
Considering, suggesting and applying methods to improve market and credit risk analysis and reporting to the Board Audit, Risk and Compliance Committee, the Executive Management Team, Asset and Liability Committee and the Risk Committee.
Assisting in consulting and advising on actions to address significant market and credit risk weaknesses and table recommendations to the Risk Committee, Asset and Liability Committee and Board Audit, Risk and Compliance Committee for approval.
Minimum requirements
Core Competencies and Skills Required:
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Good team player
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Attention to detail and strong numeric capability
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Computer literate (e.g., Excel, Power Bi, Word, Power Point etc.)
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Programming skills (e.g., SQL, SAS, Python etc.)
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Strong analytical and problem-solving skills
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Knowledge of financial instruments and financial analysis
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Be able to navigate and manage projects
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Be comfortable presenting analysis to senior employees or exco
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Stand in for senior analysts when needed
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Be able to translate business requirements into tangible technical solutions
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See the bigger picture
Minimum Qualification Requirements
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At least 4 years experience in a relevant field (e.g., banking, investments)
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Bachelors degree (Finance, Mathematics, Investments, Statistics)
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CFA / FRM / ACI or studying towards it will be an added advantage
