Absa Group Derivatives Regulations Risk Specialist - Sandton Jobs in South Africa

Absa Group Derivatives Regulations Risk Specialist - Sandton Jobs in South Africa


Job Summary

Work closely with XVA desk in support of Pan Africa strategic initiatives impacting the global markets desks workflows and leverage across many pan African teams/functions to assess issues, quantify their impact and provide suggestions for remediation.

Will be required to maintain a strong relationship with a variety of system owners to ensure that the processes are globally aligned. Suited to a candidate with previous experience in Investment Banking with exposure to Market risks/product control and valuation topics.

A good knowledge of Sigma/or exposure to XVA system build coupled with a thorough understanding of and experience in XVA management and Counterparty Credit Risk processes such as PFE, risk reporting including drill down capabilities required at various levels and Derivative transaction life-cycle management from both a Front and Back Office perspective.

Extensive knowledge of OTC Derivatives (both Plain-Vanilla and Exotic) including valuation models and methodologies and exposure to other Asset Classes (Commodities, Credit, Equities and FX) a plus. Minimum of 4 years degree in Mathematical/Physical Sciences/ Actuarial Science.

Responsibilities