Risk Specialist

Posted 3 Days Ago
Be an Early Applicant
Lusaka, ZMB
In-Office
Entry level
Financial Services
The Role
Supports management of liquidity, market, counterparty credit, and capital risks within a banking environment. Responsibilities include financial risk reporting, KRI tracking, governance and committee reporting, trading activity oversight, stress testing, compliance assessments, exception management, and independent risk challenge. The role also contributes to risk framework implementation, process improvement, control enhancement, and coordination with broader financial risk teams.
Summary Generated by Built In
Job Description

Provide support for the management of financial risks including liquidity risk, market risk in the trading and banking book, counterparty credit risk and capital risk. Facilitate the embedment of the bank’s risk management framework, with a key focus on financial risk. Provide independent risk challenge and oversight while also supporting financial risk governance.
  • Preparation/review of financial risk reports.
  • Escalation, investigation and exception management.
  • KRI tracking and board level reporting
  • Support daily trading activities by providing risk oversight and input into tactical decisions.
  • Preparation of management reports and Committee packs.
  • Act as a key point of contact with Broader Africa Financial Risk team and the execution of the bA Financial Risk program.
  • Execution of Ad Hoc requests such as simulations, stress tests and impact assessments.
  • Assessment of the level of compliance of business to minimum standards with key focus on solution formulation.
  • Ensuring the conformance of processes, systems and business activities to the standards of best practice.
  • Implement continuous improvement of both business processes and the control environment through collaboration with business and other Risk partners.

Knowledge & Skills

  • Broad understanding of the bank’s risk management structure and reporting lines.
  • Understanding of the role of Risk and risk management.
  • Understanding of the mechanics financial markets and products.
  • Communication skills.
  • Task management and prioritization
  • Problem solving and process optimization skills.
  • Proficiency with Microsoft office (Excel, Word, PowerPoint).
  • High level understanding of governance and compliance requirements


Important Closing Date Note

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

19/10/26

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.

Skills Required

  • Broad understanding of the bank's risk management structure and reporting lines
  • Understanding of the role of Risk and risk management
  • Understanding of financial markets and products
  • Strong communication skills
  • Task management and prioritization skills
  • Problem-solving and process optimization skills
  • Proficiency with Microsoft Excel, Word, and PowerPoint
  • High-level understanding of governance and compliance requirements
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The Company
HQ: Johannesburg
49,989 Employees
Year Founded: 1998

What We Do

FirstRand is a portfolio of integrated financial services businesses offering transactional, lending, investment and insurance products and services. The group seeks to build long-term franchise value and deliver superior, sustainable returns within acceptable levels of volatility. Its corporate centre houses key functions—including risk, compliance, governance, internal audit, treasury, finance and tax—that support the broader group and its operating businesses.

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