Brief description

The main purpose of this position is to provide credit risk analysis in the Risk Management Section of the Financial Markets Department within the South African Reserve Bank (SARB).

Detailed description

The successful candidate will be responsible for, among other things, the following key performance areas:

• Analyse, assess and evaluate financial, market and business information to report on market risks to facilitate informed decision making on the foreign exchange, gold and other fixed-income reserve portfolios of the SARB.

• Prepare and coordinate daily, weekly, monthly, quarterly and annual risk reports, and provide analysis on the market risk measures and how they impact SARB’s investments.

• Assist in the development of strategies for market risk management of SARB’s investment portfolios.

• Assist in conducting research on market risk developments and make recommendations based on the findings.

• Assisting in researching and conceptualising and building market risk models for calculating market risks associated with the SARB’s portfolios and particular trades or strategies.

• Contribute towards the formulation of market risk-related policies and ensure the implementation thereof.

• Participate in cross-functional activities for the alignment and harmonisation of risk-related information.

• Creating and maintaining procedure manuals for operational purposes

• Develop and maintain business relationships with all stakeholders

• Create and maintain procedure manuals for operational purposes.