JOB NAME |
Principal: Credit & Market Risk Monitoring [Midrand]
POSTED BY: Development Bank of Southern Africa
REF:DBSA 2009
Date Published:Wednesday, May 22, 2024
Date of Expiration:Monday, November 18, 2024 EXPIRED
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LOCATION OF THIS JOB |
South Africa | MIDRAND in South Africa |
INDUSTRY |
DEVELOPMENT FINANCE INSTITUTIONS
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JOB TYPE |
Full-Time |
MAIN JOB DESCRIPTION |
Closing Date 2024/06/01 Reference Number DBS231102-1 Job Type Classification Permanent Location - Town / City Midrand Location - Province Gauteng Location - Country South Africa JOB DESCRIPTION To lead, direct and manage the Credit and Market Risk Monitoring function of the Bank. The key accountabilities,interfaces and measures of this role are elaborated below: 1. Credit Risk Monitoring Function 2. Market Risk Monitoring Function 3. Management Function
KEY RESPONSIBILITIES Credit Risk Monitoring Function 1. In collaboration with the GM: Risk and the Chief Risk Officer, set the strategic direction for the DBSA approach to credit risk. 2. Assist in the facilitation of capacity and systems throughout the DBSA to identify risk at source, in particular for the measurement and management of credit and investment risk 3. Assist in developing and implementing policies and strategies for managing risk across DBSA lending and investment portfolios. 4. Ensure management of credit risk by: 1) Developing and maintaining frameworks and processes for lending and credit approval 2) Managing and control of the organisational risk appetite process 3) Monitoring credit risks at an enterprise wide level including counterparty risks, sector risks, default risk and concentration risk 4) Developing, monitoring and reviewing credit and investment risk policies 5) Contributing to the development, monitoring and reviewing of the risk appetite statement for DBSA 6) Reporting on credit and investment risk exposures to the Chief Risk Officer, EXCO, CEO and Board 7) Unblocking any issues/roadblocks that rise between Lending and Risk; escalating to the GM: Risk and Chief Risk Officer if necessary 8) Managing Investment Committee meetings and processes 9) Performing a key analytical role in the assessment of the adequacy of provisions proposed by management 10) Providing independent oversight of credit function within the
Financing Operations area 1) Ownership and monitoring of prudential risk measures 2) Risk KRI |
REQUIREMENTS FOR THIS JOB |
EXPERTISE & TECHNICAL COMPETENCIES 1. Minimum relevant Post-Graduate qualification or equivalent 2. Minimum 8 years experience in the Credit & Market Risk Monnitoring environment 3. Ability to understand and interpret corporate vision and strategy 4. Strong credit and liquidity risks understanding 5. Deep understanding of impact of external factors (e.g. economy) on risk of DBSA portfolio and potential deals 6. Deep understanding of South African and other relevant regulations 7. Ability to create effective and practicable frameworks 8. Understanding of key financial markets 9. Knowledge of market risk dynamics 10. Understanding of competitors |
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