Job Description

Closing Date 2025/02/16
Reference Number MMH250206-1
Job Title Quantitative Risk & Performance Analyst
Position Type Permanent
Role Family Risk
Cluster Momentum Investments
Remote Opportunity Some of the time
Location - Country South Africa
Location - Province Gauteng
Location - Town / City Centurion/Sandton
IntroductionThrough our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms Momentum Group provides practical financial solutions for people, communities and businesses.
Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page.
Role PurposeTo provide accurate and comprehensive data analysis on the risk, performance and attribution of investment portfolios/funds, generating high-quality standardized and bespoke reporting for internal and external use. This role also acts as a key support function for CAIM and, in time, may expand to support other businesses.RequirementsQualification

• Degree-level qualification (or equivalent), ideally in a quantitative, finance, economics, mathematics or computer science field.

Experience

• Minimum 3+ years of experience in a relevant role, preferably within financial services or asset management.
• Strong skills in Excel, VBA, and familiarity with coding practices
• Proficiency in SQL and R (including the data.table package and Shiny). Python coders should demonstrate an ability to migrate to R quickly.
• Experience with fixed income and investments is a plus, though not essential.

Duties & ResponsibilitiesData Analysis & Reporting

• Produce and develop high-quality risk and performance reports and analyses for client presentations, investment proposals, and internal use, using Word, Excel, PowerPoint, SQL and R.
• Generate daily investment performance reports, alongside monthly and quarterly client reports, to support business needs.
• Collate data from CAIM systems, validate accuracy, and upload to the CAIM database for use across the team.
• Analyze portfolio and fund performance against relevant benchmarks, providing insights to internal stakeholders.

Regulatory & Compliance Reporting

• Assist with the preparation and submission of regulatory reporting, ensuring adherence to compliance standards.
• Encode, identify, and monitor investment guideline breaches, promptly raising issues with appropriate stakeholders.

Risk Monitoring & Mitigation

• Monitor portfolio risks against established targets and discuss observations with the QRA team and Portfolio Managers, taking corrective actions as needed.

Collaboration & Team Support

• Actively share responsibilities with the Quantitative Strategies, Risk, and Analytics team to ensure seamless execution of team objectives.
• Maintain feedback loops with fund managers, especially within the SA Fixed Income team, to deliver data-driven insights and support decision-making.

Technical Migration & Automation

• Migrate existing VBA processes to R, ensuring efficient and reliable solutions for data analysis and reporting.

Process Improvement & Strategy Support

• Proactively identify opportunities to enhance work processes and improve the quality of data, analyses, and reporting.
• Contribute to the development of team strategies, ensuring alignment with CAIM's goals and the firms broader objectives.

CompetenciesTechnical ability

• Extremely confident in MS Office, inc. VBA, and SQL.
• Proficiency with R (particularly with the data.table package and Shiny). If a candidate is more skilled with another language (e.g. Python), they must demonstrate an ability to quickly evolve their skills into facility with R.
• Familiarity with the Latex word processing package would be an advantage.
• Familiar with financial statistics and risk management concepts such as tracking error, VaR and CVaR. Or a willingness to learn if coding ability is very strong.
• Familiar with data architecture practices.

Project management

• Confident worker with ability to deliver against expectations.
• Ensures projects are well planned and completed within budget.
• Deals effectively with pressure and setbacks.
• A self-starter, able to work independently.

Strategic and commercial mindset

• Assists with the development of the team strategy ensuring alignment with the firms goals.
• Uses their commercial knowledge to build relationships with clients/colleagues and ensures they add value to the business.
• Displays initiative in improving work processes and quality of output.
• Uses understanding/knowledge to provide new ideas and solutions to current challenges.
• Proactively identifies new tasks/methods that will add value.

Communications and relationship building

• Displays strong written and verbal ability.
• Engages confidently with others and is adept at adjusting personal style.
• Able to deal with Portfolio Managers and defend their case if need be.
• Understands the needs of the business and communicates them appropriately.
• Listens to others points of view whilst considering options.
• Confident speaker and presenter, both internally and externally.
• Shows consistent commitment to ensuring that client needs are addressed, and solutions are provided.
• Earns trust by acting in a responsive and consistent manner.

Negotiation and influence

• Can confidently negotiate with internal and external colleagues/clients.
• Works to achieve a win-win outcome.
• Establishes credibility through appropriate style and approach.

Quality and risk management

• Structures approach to ensure deliverables are of a high standard. Requires limited supervision.
• Actively seeks feedback internally on how to improve/maintain quality.
• Proactively anticipates potential problems and takes pre-emptive action to minimise their impact on the business.

Inspirational leadership and team building

• Inspires others and is seen as a positive role model who can motivate others.
• Creates a can-do positive team environment.
• Encourages ideas and development of direct reports by identifying their strengths and areas for development. Rewards good performance and ensures poor performers are dealt with effectively.
• Encourages and demonstrates effective teamwork.

Career passion and ambition

• Consistently goes the extra mile, a keen learner who is eager to get involved.
• Formulates plans for achieving personal goals, aligned with business needs.
• Can adapt style/approach and takes the opportunity to experiment and learn from mistakes.

Risk control

• Stays up to date with compliance regulation, including money laundering, whistleblowing, anti-bribery and corruption and conduct rules and takes responsibility for the raising any concerns in line with Company policy.

PolicyWe are committed to Employment Equity, diversity and inclusion when recruiting internally and externally. All appointments are made in alignment to our Employment Equity goals and we encourage people with disabilities to apply.

Momentum Group