Absa Group Derivatives Regulations Risk Specialist - Sandton Jobs in South Africa

Absa Group Derivatives Regulations Risk Specialist - Sandton Jobs in South Africa

Job Summary

Work closely with XVA desk in support of Pan Africa strategic initiatives impacting the global markets desks workflows and leverage across many pan African teams/functions to assess issues, quantify their impact and provide suggestions for remediation.

Will be required to maintain a strong relationship with a variety of system owners to ensure that the processes are globally aligned. Suited to a candidate with previous experience in Investment Banking with exposure to Market risks/product control and valuation topics.

A good knowledge of Sigma/or exposure to XVA system build coupled with a thorough understanding of and experience in XVA management and Counterparty Credit Risk processes such as PFE, risk reporting including drill down capabilities required at various levels and Derivative transaction life-cycle management from both a Front and Back Office perspective.

Extensive knowledge of OTC Derivatives (both Plain-Vanilla and Exotic) including valuation models and methodologies and exposure to other Asset Classes (Commodities, Credit, Equities and FX) a plus. Minimum of 4 years degree in Mathematical/Physical Sciences/ Actuarial Science.

Responsibilities

Facilitate implementation of regulatory capital requirements from a business strategy perspective, with specific focus

on revised Basel framework

Handle the main part of the special requests coming from Front Office

Interact with other lines of business within Global Markets and support areas regarding bigger projects requiring the intervention of other department (including Finance, Middle Office, Risk, Technology, Quants, Legal, etc.)

Report on a timely basis and escalate issues to management at the appropriate time.

Work with Product controller's, Market risks teams on a Pan African basis and numerous teams within the bank

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

How to Apply

For more information and job application details, see; Absa Group Derivatives Regulations Risk Specialist - Sandton Jobs in South Africa

Find daily jobs in South Africa. Jobs - South Africa jobs. Search our career portal & find the latest South African job positions, career opportunities & jobs in South Africa.

Jobs in South Africa - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in South Africa.

Find your dream job from 1000s of vacancies in South Africa posted and updated daily - click here!