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*Middle Office Manager (Market Risk)* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?jw *Job Description* To oversee the day-to-day processing of front-office operations in trading rooms and ensure a smooth handover to the back office. To manage, monitor, identify, measure, analyze and mitigate market risks as well as advise on the risk characteristics of complex deals/trades and reporting market information to internal and external stakeholders. ---------- Latest itel A06 on Pindula: 32GB storage, 4GB RAM $69 USD WhatsApp: +263715068543 Calls: 0772464000 ---------- *Duties and Responsibilities* Maintain and build on existing client relationships through regular communication with Treasury front office and other relevant units e.g., Back Office, International Banking, CIB and Finance. Enhance current methodologies/ policies and practices by keeping abreast of new industry developments and seeking opportunities for improvements in the Middle Office function. Ensure that methods, principles and systems used in risk management are understood and well communicated to senior management by regular and adhoc reporting and training. Ensure understanding of market risk policies and procedures by regular reviews. Provide accurate senior management level risk reporting through daily review and distribution of relevant reports. Minimise unintended losses linked to market risk by proactively supplying information for decision making to senior management. Support business in the special deal process by providing relevant input and analysis as needed. Ensure compliance to policy and mandates through effective monitoring and reporting to minimise losses. Effective adherence to laid down procedures - Internal audit and a sound ALCO governance process to effectively support ALCO process. Monitor interest rate, liquidity and foreign exchange risk policies and recommend reviews Ensure Treasury risk exposures are within limits and all controls are working. Customise Market Risk Policies, where necessary and create awareness to business to ensure understanding and adherence. Develop awareness and monitoring plans. Monitor compliance to policies. Managing operational risk in the Treasury environment through performing treasury middle office roles. Identify incidents and events in the Treasury space and advise the Head of Market Risk and Monitoring as well as ERM. Provide oversight role to all Treasury activities through checking the requisite reports and maintaining independent Treasury trading position to allow validations. Assist business in developing and continuous review of the RCSA, KRIs and facilitate the embedding (Create, Promote and maintain) a Risk awareness culture within the Treasury space. Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.). Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.. Green Strategy). *Qualifications and Experience* Bachelor’s degree in Banking, Risk Management, Mathematics, Engineering or Finance. Practical knowledge of the tools and techniques used in Treasury Operations and Risk Management and a demonstrated ability to perform analytical and detail-oriented tasks. Preferred Certifications CFA, Financial Risk Management Minimum of 7 years’ experience in any related risk area (compliance, risk management, actuary, finance, accounting, investment), of which must be in a management position. Technical / Professional Knowledge Communication Strategies Consumer behaviour Diversity management Employee training/development Financial Accounting Principles Operations planning Relevant regulatory knowledge Service level agreements Strategic planning Business writing skills Behavioural Competencies Decision Making Delivering High-Impact Presentations Building partnerships High-Impact Communication Managing Work Quality Orientation *Other* *How to Apply* To Apply Use Link: https://jobs.nedbank.co.za/job/Middle-Office-Manager-Market-Risk/904024401/ Deadline: 24 February 2023 _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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