Credit & Market Risk Analyst

The purpose of this role is to support the measurement and monitoring of credit, market and equity investment risks and provide support in relation to risk governance and oversight.

The purpose of this role is to support the measurement and monitoring of credit, market and equity investment risks and provide support in relation to risk governance and oversight.

Key Responsibilities

Credit, Market and Equity Investment Risk Governance and Oversight

• Develop and maintain policies, frameworks and processes for lending and investment approvals to ensure effective credit risk management.
• Manage and control the organisation’s risk appetite process in line with approved risk criteria and guidelines.
• Monitor credit risks at an enterprise-wide level, including equity investment risks, counterparty risks, sector risks, default risks, and concentration risks.
• Develop, monitor, and review credit, market and equity investment risk policies to align with organisational goals and market best practice.
• Contribute to the development, monitoring, and review of the DBSA risk appetite statement.
• Provide independent oversight of the credit, equity investments and treasury function within the Bank.

Risk Analysis and Monitoring

• Collect and collate information for market risk analysis in collaboration with the Treasury team.
• Obtain data from relevant sources to monitor counterparty exposures effectively.
• Maintain MIS systems to support the market risk analysis in their monitoring efforts.
• Perform analytical assessments to evaluate the adequacy of provisions proposed by management.
• Source MIS data from relevant systems and analyse to enable the monitoring of credit, market and equity investment risks.
• Conduct assessments of treasury counterparties and credit protection providers.
• Monitor prudential risk measures to ensure regulatory compliance.
• Prepare and report on credit and investment risk exposures to relevant stakeholders.
• Execute other duties as assigned to support the risk management function.
• Improve efficiencies in risk reporting processes.

Key Measurements of Outputs

• Accuracy and quality of credit and market risk assessments, analysis, and recommendations provided.
• Timeliness of credit and market risk policy reviews, risk reporting, and risk monitoring activities.
• Percentage compliance with approved risk management frameworks, regulatory requirements, and internal policies.
• Effective monitoring of the adherence to set risk appetite levels, regulatory and organisational standards.
• Effectiveness of credit risk monitoring, including identification of deteriorating exposures and early warning indicators.
• Quality and accuracy of portfolio risk analysis.
• Accuracy and completeness of risk models, financial analysis, and risk rating methodologies applied.
• Effectiveness of market risk monitoring across interest rate, foreign exchange, liquidity, and investment exposures.
• Quality and accuracy of reports and risk mitigation plans.
• Clean audit.

Expertise & Technical Competencies

Minimum Qualification

• A Bachelor's Degree in Commerce, Finance, Risk Management or related.

Minimum Experience

• A minimum of 8 years’ experience in credit and or market risk management.
• Understanding the SARB regulatory requirements relating to credit, market and equity investment risk
• Proven understanding of legislation and regulations relevant to market and credit risk management and accounting, which affect the business of the bank, e.g., IFRS, Forex regulations, etc.
• Knowledge of the SARB regulatory requirements relating to credit and market risk.
• Proven understanding of Basel and other capital management guidelines.
• Working knowledge of Quantum, SAP and other risk systems.

Desirable Requirements

• A postgraduate qualification specialising in Risk Management.
• Proficiency in using data analysis programming languages and tools such as SQL, R, Power BI, etc.

TECHNICAL COMPETENCIES

Written communication

• Understands that different writing styles are required for different documents or audiences.
• Write effective correspondence, prepare questions and reports, statements of circumstance and briefing notes.
• Reviews others’ documents for clarity and impact.
• Has a solid mastery of writing principles such as grammar, sentence construction, etc.

Computer Literacy

• Demonstrates advanced skills in the use of one or more software tools.
• Integrates technology and information technology systems with workplace activities in order to resolve operational problems.
• Guides others in the effective use of specialised systems or automated equipment.
• Has enhanced skills in understanding the purpose of, and applying the functionality of, various programs and databases, such as when gathering intelligence.

Presentation skills

• Can reinforce key presentation points with examples.
• Is able to translate technical terminology into language understandable to the audience.
• Has insight into the audience’s behaviour and motivation and responds appropriately and professionally, adapting communication style as appropriate.

Reporting

• Designs / customises reports to meet user needs.
• Prepares complex or tailored reports, gathers information from a variety of sources, analyses and includes in a report.
• Keeps standard reports under review and proposes improvements to meet user needs.

Risk Identification and Assessments

• Diagnoses significant, unusual and emerging risks to which the business is exposed.

Risk Management Policies and Procedures

• Develops innovative approaches to managing significant business risks effectively and efficiently.
• Leads implementation, execution and monitoring activities.
• Advises on best solutions and foresees the impact of changes in regulations, policies and procedures for non-complex and increasingly complex business issues.

Presentation Skills

• Knows how to deliver arguments persuasively by employing a range of advanced presentation techniques (e.g., the appropriate use of body language, how to close a presentation so that the audience continues to think about the subject matter, etc.).
• Has knowledge of various feedback mechanisms to check levels of audience understanding.

Risk Response and Reporting

• Develop and implement appropriate risk mitigation for significant and unusual risks to which the business is exposed.
• Provide advice on business continuity management mechanisms, define appropriate risk responses for reasonably foreseeable emergency scenarios and events.
• Design and implement risk reporting systems and communicate to executive management risk processes and results, including recommendations for improvement.

• The KPA’s, competencies and relationships listed in this document are not exhaustive, and the incumbent will be expected to undertake additional duties within their capacity to meet the needs of business and/or the business unit.

Required Personal Attributes

BEHAVIOURAL COMPETENCIES

Customer Service Orientation

• Tries to understand the underlying needs of customers and matches these needs to available or customised products and services.
• Adapts processes and procedures to meet ongoing customer needs.
• Utilises the feedback received by customers, in order to develop new and/or improve existing services / products that relate to their ongoing needs.
• Thinks of new ways to align DBSA’s offerings with future customer needs.

Self-awareness and Self Control

• Withholds effects of strong emotions in difficult situations.
• Keeps functioning or responds constructively despite stress.
• May apply special techniques or plan ahead of time to manage emotions or stress.

Strategic and Innovative Thinking

• Experiments with new approaches, tests scenarios, questions assumptions and challenges conventional thinking.
• Creates new concepts that are not obvious to others, leveraging internal and external sources of information, to build incremental revenue and growth opportunities.

Driving delivery of results

• Sets challenging goals that will have a significant impact on the business or support the organisational strategy.
• Commits significant resources and/or time to ensure that challenging goals are achieved, while also taking action to mitigate risk.

Teamwork & Cooperation

• Acts to promote a friendly climate and good morale and resolves conflicts.
• Creates opportunities for cross-functional working.
• Encourages others to network outside of their own team/department and learn from their experience.