Absa Treasury Analyst Jobs in South Africa

Absa Treasury Analyst Jobs in South Africa

Job Summary

Daily management of the interest rate and FX risk position of the ABMs’ banking book under the Structural Hedge and Fixed rate risk management Programme, managed by Treasury. Daily monitoring of interest rate risk limits, monitoring changes in the structural and fixed risks and hedging effectiveness

Job Description

Key accountabilities

Identify and monitor the ABM’s interest rate risk exposures centralised in Treasury by understanding and explaining the drivers of changes in all ALM risk metrics (NII risk and EVE risk)

Lead the production and management of the monthly analytics required to explain and monitor the core drivers of NII and EVE risk and IRRBB gap risk for ABM

Engage Business to identify and monitor the bank’s fixed rate risk exposures. Report risk positions and changes on a monthly basis and agree the risk mitigation activities required with TES to mitigate risks and operate within risk limits

Lead the production of monthly and ad hoc MI required to explain the fixed rate risk positions arising in RBB, CIB and Treasury. Ensure positions are aligned to Business and Treasury trade books and Finance records.

Lead the management of fixed and structural rate risk positions - Explain and monitor the impact of fixed / structural rate risk positions and hedging on IRRBB metrics, advising on monthly movements and escalation of rising risk positions

Develop a structural balance outlook to provide a forward looking view of the potential changes and impact on the local risk hedge approach

Lead

engagement with the QRM modelling team and Risk to ensure IRRBB balance sheet and risk positions are appropriately modelled for IRRBB risk measurement

Role/Person specification

Education and experience required

B-degree

5 years (Technical/Managerial) IRRBB experience

5 years QRM modelling experience (development and implementation)

Knowledge and skills:

Highly numerate with a strong analytical background.

Deep expertise in IRRBB risk modelling and hedging strategies

Strong experience with senior management reporting, influence and stakeholder management

Banking experience in a treasury environment, risk or finance

QRM risk modelling experience (not mandatory)

Competencies:

Sound attention to detail and diligent in managing processes to a high standard

Keen interest in developing technical skills in risk management

Good communicator and able to present technical content in a meaningful manner to management

Well organised and able to manage multiple responsibilities to deadlines

Able to interact efficiently and professionally with business stakeholders.

Education

Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)

How to Apply

For more information and job application details, see; Absa Treasury Analyst Jobs in South Africa

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