Job Description

Risk Analyst xe2x80x93 Asset and Liability Management (ALM) (Financial Services)Preference will be given to BBBEE candidates due to BEE requirements.Location: Pretoria, Gauteng / HybridA leading financial services group requires the services of a skilled Associate ALM Risk Analyst to join their Risk Support Department (RSD).Position Overview:The main purpose of this position is to ensure that the Risk Support Department (RSD) discharges its responsibilities arising from its mission insofar as Asset and Liability Management (ALM) related risk management is concerned.This includes being part of a team of risk specialists in the RSD responsible for providing specialist knowledge, skills, and experience in ALM-related risk supervision and regulation, specifically relating to liquidity risk and interest-rate risk in banking and insurance companies.Responsibilities:

• Review and evaluate insurance firms' ALM frameworks and reports.
• Provide expert guidance on matters relating to compliance with minimum regulatory requirements relating to ALM for supervised institutions.
• Develop analytical methods to analyse and interpret risk-based regulatory data submissions.
• Conduct on- and off-site reviews of ALM-related risks for the insurance sector.
• Identify ALM-related risks.
• Inform the Prudential Authority (PA) regarding the aggregate behaviour of insurers regarding ALM-related risks.
• Ensure that the own risk and solvency assessment (ORSA) process adequately captures ALM-related risks.
• Assist with the development of internal policies and processes.

Essential Experience, Qualifications and Skills RequiredEssential Qualifications to qualify for further consideration:

• A Postgraduate qualification in Risk Management, Finance, Accounting or Auditing.
• Financial Risk Manager (FRM) or a Professional Risk Manager (PRMIA) qualification.

Essential Experience to qualify for this role:

• A minimum of 2 to 5 years' applicable experience in the Insurance or Financial Sector or within Risk Management.
• Applicable ALM-Risk Management experience.
• Conversant in the Basel Frameworks - related to Liquidity Risk - at both a theoretical and practical level and be abreast of best practices in ALM Risk Management.
• Familiar with the Liquidity Risk Papers published by the International Association of Insurance Supervisors.

Essential skills to qualify for this role:

• Sound knowledge of the Insurance Act.
• Excellent Risk and Control knowledge.

If you meet all the requirements mentioned above and if you are interested to further the process, kindly contact Patricia Jacobs by referring a detailed CV per email to

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