Purpose
To identify, measure, monitor and report on existing and/or emerging market and liquidity risks within LG.
Key Responsibilities
- Check accuracy and reasonability of the data loaded into the trading system (will require using Reuters and Bloomberg)
- Investigate and comment on daily/weekly changes in risk metrics (e.g. VaR, Delta, Gamma, Vega, Theta, P&L, PV01s, LCR etc.)
- Understand and where necessary challenge trading strategies and exposures.
- Investigate and comment on daily/weekly changes in risk metrics
- Respond to ad hoc requests from internal clients.
- Accountable for the execution of specialised work including the improvement of quality, standards and outputs within defined work routines and operating procedures.
- Proactively solves problems, determines root-cause and applies solutions in line with guidelines and providing the necessary information to solve problems related to area of specialisation.
- Plan for own task execution and advises on improvements related to area of specialisation.
- Daily reporting of market and liquidity risk exposures within the business and verification of risk-based P&L estimations against actual P&L.
- Sourcing data and calculating risk metrics for market and liquidity risk reporting.
- Map and streamline processes to retrieve information effectively and efficiently.
- Developing a deep understanding of the products/instruments giving rise to market/liquidity risk on the balance sheet.
- Pro-actively looking for risks, market developments, control issues and communicate risk positions to stakeholders.
Minimum Experience
2 - 3 years experience in a similar environment
Minimum Qualifications
Bachelor`s Degrees and Advanced Diplomas (NQF Level 07) in Finance Economics and Accounting
Additional Minimum Qualifications
CFA, PRM/FRM advantageous
Technical Competencies
- Costing and Budgeting (Intermediate)
- Data Analysis (Basic)
- Pricing and Trade Practices (Proficient)
- Communication skills (Fundamental) (Basic)
- Research and Information Gathering (Basic)
- Financial Acumen (Intermediate)
- Investment Management (Intermediate)
- Written Communication (Basic)
- Liquidity Management (Proficient)
- Risk Knowledge (Proficient)
#J-18808-Ljbffr