RE-ADVERTISEMENT: FINANCIAL RISK AND SYSYTEM SUPPORT
Overview
Rand Water is currently looking for the Financial Risk and System Support to support the Senior Treasury Manager - Middle Office in the identification, assessment, monitoring, and mitigation of financial risks within Rand Water’s Treasury environment, while ensuring the effective operation, maintenance, and enhancement of treasury systems.
Requirements
- Bachelor’s Degree in Quantitative Finance, Mathematics, Statistics, Economics, or a related discipline.
- Minimum of 3 years’ experience in financial risk management within a Treasury environment.
- Proven exposure to liquidity, interest rate, foreign exchange, credit, and market risk analysis.
- Postgraduate qualification or progress toward professional certification in finance or risk management (advantageous).
- Knowledge and experience within a public sector entity environment including applicable regulatory requirements (PFMA, Treasury Regulations etc).
- Experience with quantitative modelling, stress testing, and scenario analysis tools.
Responsibilities
- Identify, analyse, and evaluate financial risks including liquidity, interest rate, foreign exchange, credit, and market risks.
- Monitor economic and financial market trends (local and global) and assess their impact on Treasury operations.
- Assist in developing and implementing Treasury-specific risk mitigation strategies and policies unique to Rand Water’s needs.
- Analyze financial data and trends within the Treasury Department to identify emerging risks and recommend appropriate risk management actions.
- Collaborate with other Treasury Offices to monitor and evaluate the effectiveness of risk mitigation measures.
- Conduct regular risk assessments, stress testing, and scenario analysis to evaluate potential adverse impacts.
- Monitor risk exposures, limits, and breaches and report findings to the Senior Treasury Manager.
- Support internal and external audits by ensuring compliance with internal controls, PFMA, and other applicable regulatory requirements.
- Perform quantitative analysis using financial and market data to support risk measurement and decision-making.
- Maintain and validate treasury risk models, methodologies, and scenario analysis tools.
- Analyse interest rate movements, currency fluctuations, and other market indicators affecting Treasury portfolios.
- Assess and evaluate financial risks and their potential impact on investment portfolios, investment strategies, and other treasury activities.
- Assist in the preparation of risk reports, dashboards, and presentations for management decision-making.
- Provide operational and technical support for treasury management systems, and financial risk management systems.
- Assist with maintaining system configurations, access controls, instrument set-ups, and data integrity.
- Collaborate with cross-functional teams and external vendors to enhance the functionality and efficiency of financial systems within the Treasury department.
- Train Treasury users on systems, processes, and controls to ensure effective and compliant system usage.
- Identify opportunities for system optimisation, automation, and process improvement within Treasury operations.
How to apply
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