Company Description
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.
Job Description
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.
Qualifications
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.
Additional Information
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
What We Do
As a brand with a legacy of 161 years in Africa, we have a deep understanding and belief in the boundless opportunities that this continent presents. Our vision extends beyond mere geography; it encompasses a profound recognition of the potential for growth that resonates within our people, customers, entrepreneurs, and all who share our unwavering commitment and passion for investing in Africa. With a presence in 20 countries across sub-Saharan Africa, we have cultivated a diverse community of the most skilled, innovative, and creative minds in the industry. Our purpose is to drive Africa's growth, acting as a catalyst for inclusive and sustainable economic development in the regions we serve. We strive to improve the lives of our fellow Africans by conducting business in an ethical and responsible manner. As a trusted partner, we consistently set higher standards and aspire to become better with each endeavour. We are more than just a banking institution; we are a driving force behind Africa's growth. Join us on this transformative journey. Together, we have the collective power to propel Africa into the future, making tangible progress for all who proudly call Africa home.
