About the job Treasury Risk Officer
Our reputable client is looking for a Treasury Risk Officer who will be responsible for market risk monitoring and management in the Treasury division - Interest rate risk, credit risk, liquidity risk, currency risk and propose financial risk management strategies including Asset and Liability Management. Aggregate the measurement of risk based on overall distribution of portfolio values at a given horizon in the future. Act as a Technical resource to the Front office in terms of research and development of trading strategies. Collaborate with Enterprise wide risk management Division in the independent monitoring of Treasury division Risk. Responsible for Compliance to Treasury Policy through Identification, monitoring and quantification of financial risk as required by the Treasury Policy.
Duties and Responsibilities:
- Measuring and monitoring of impact of Interest Rate movements on the portfolio- stress testing.
- Supporting the Development of a Cash flow forecast and short-term liquidity management to ensure Corporation is always optimally funded.
- Credit risk limit monitoring e.g. credit rating and financial stability of counterparties.
- Accounting reconciliations of positions on a real time basis and sourcing of mark to market rates for valuation of securities purposes independently of front office.
- Ensuring compliance of Treasury with all necessary regulations and reporting requirements.
- Reviewing the assets and liabilities matching profile and determine the level of interest rate mismatch.
- Proposing financial risk management strategies e.g., Hedging strategies to front office.
- Research and analyse financial markets and interest rate outlook and monitor implementation in investment decisions.
- Collate and create a database for access to the organisation’s staff and stakeholders.
Competencies:
- Ability to coordinate direct investment, funding, debt and hedging activities through environmental scanning, strategy and tactical formulation.
- Understand Fixed Income market and Fixed Income Swap Market
- Ability to contribute and participate in the Financial Risk Management and ALCO function.
- Ability to co-ordinate and integrate treasury operations.
- Understand and be able to carry out hedging— short, medium, and long-term.
- Understand Investment strategies
Requirements:
- A BCom Degree, with Financial Accounting, Economics, Financial Management
- B Com Honours Financial Management, JSE Registered Dealer for Bonds, Fixed Income Derivatives is advantageous
- 10 - 15 years Treasury, Fixed Income, Money Market and Swap trading experience or similar experience