Market Risk Analyst

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Job Description

Role overview:

Old Mutual Specialised Finance is a leading financial services affiliate focused on Shareholder Credit, ALM and Structured Solutions. We are committed to technical and service excellence. The Market Risk Analyst role provides technical support to the broader OMSFIN business, with particular focus in supporting the ALM and Trading Teams by assisting with analysis and information around Portfolio Management actions. The team also engages with the broader Old Mutual Group around the valuation and risk measurement of new and existing products.

Key Result Areas:

The successful candidate will fulfil the following primary functions:

• Supervise production of Market Risk Reports and Compliance Reports on a daily, weekly and monthly basis, and analyse them appropriately.

• Support monthly client and mandate reporting activities.

• Undertake projects to enhance risk management methodologies and to add value to OMSFIN's ALM offerings.

• Model new and existing trades and instruments in Risk Systems, as well as build first-principles models in Excel.

• Devise and simulate trading and portfolio optimization strategies.

• Oversee the valuation of instrument valuations and portfolio margin forecasts for financial reporting purposes.

• Analysis of interest rate risk dynamics and any other dynamics underlying OMSFIN’s ALM offering, including currency risk and liquidity risk.

Qualifications and Experience required :

B.Sc. Computer Science, Applied Mathematics, Mathematics or Statistics / B.Com / B. Bus. Sci.: Operations Research, Finance / Economics.

• Relevant experience in quantitative fixed income portfolio management and/or Market Risk management would be advantageous.

• Programming skills in one or more of the following is advantageous: Visual Basic, VBA, C#, Power Query / PowerBI.

• Whilst technical IT skills are not a requirement, the candidate must have comfort around working with various data systems in an IT-engineering related environment.

Competencies :

• Exceptional attention to detail.

• Solid analytical and mathematical skills with a problem-solving mindset.

• Pro-active approach to work.

• Able to communicate effectively at all levels.

• Must be able to work both independently and as part of a team.

• Motivated with high energy levels, show initiative and be able to think creatively.

• Able to cope and deliver under pressure.

Assists with the formulation, revision and implementation of investment plans which may include fixed income, equity, property and foreign exchange portfolios and economic views. Performs investment research, monitors developments in security markets and liaises with tax attorneys or accountants to determine legal consequences of investment decisions. Gathers and interprets data, monitors financial performance, and prepares reports supporting portfolio managers.

ResponsibilitiesFinancial Management and Control

Track progress against budgets within established finance systems, and report variances to more senior colleagues.

Financial Policies, Guidelines, and Protocols

Contribute to the development and delivery of financial policies, guidelines, and protocols to ensure the company complies with regulations and good financial practice.

Data Collection and Analysis

Collate and analyze data using preset tools, methods, and formats. Involves working independently.

Document Preparation

Organize and prepare complex documents using a variety of applications for technology devices, such as standard office software. Also responsible for gathering and summarizing data for special reports.

Investment Management

Support the investment team on more-complex activities by monitoring financial performance and preparing ad hoc reports using a wide variety of existing processes, procedures, and precedents.

Solutions Analysis

Interpret data and identify possible answers. Involves navigating a wide variety of processes, procedures, and precedents.

Internal Communications

Help others get the most out of internal communications systems by offering support and advice.

Internal Client Relationship Management

Build effective working relationships within the internal client organization, delivering high-quality professional services with guidance from senior colleagues.

Data Management

Help others get the most out of data management systems by providing support and advice.

Personal Capability Building

Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching; gain or maintain external professional accreditation, where relevant, to improve performance and fulfill personal potential. Maintain an understanding of relevant technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media.

Skills

Competencies

Business InsightCollaboratesCommunicates EffectivelyDecision QualityEnsures AccountabilityFinancial AcumenInstills TrustManages Complexity

Education

Closing Date

24 April 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

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