About the position
Team Manager - Risk Department (Gauteng)
My client is seeking a highly motivated and experienced Risk Manager to lead and develop our growing Risk team based in Gauteng. This is an exciting leadership role that requires strong management skills and a solid background in economics, quantitative disciplines, or actuarial science.
The successful candidate will be hands-on with day-to-day activities, while also driving the team's growth and performance.
Key Responsibilities
Reporting & Analysis:
Prepare accurate daily Profit & Loss (P&L) reports
- Generate detailed daily position reports by strategy, region, and instrument, including analysis of position changes.
- Collaborate on month-end P&L reconciliation with accounting teams, identifying and resolving discrepancies.
- Produce ad-hoc management reports and analyses as required.
- Coordinate daily with the global Risk team to ensure alignment.
- CTRM System Oversight:
Maintain data integrity and quality within the Commodity Risk Management (CTRM) system.
- Work closely with IT and front office teams to support system enhancements, including user acceptance testing
- Act as the primary contact for troubleshooting and resolving system and data issues promptly.
- Team Leadership & Development:
Lead, coach, and mentor 2-3 team members to foster professional growth and high performance.
- Participate in recruitment efforts, including screening and interviewing new candidates.
- Conduct regular performance reviews and provide constructive feedback.
- Manage daily workflows, schedules, and project deadlines.
- Report team progress and challenges to senior management.
- Continuous Improvement & Strategic Initiatives:
Identify opportunities for process improvement and automation in routine tasks.
- Support strategic projects such as new commodity onboarding, compliance reviews, and risk framework updates.
- Engage in cross-training to build broader risk management expertise and provide backup support when needed.
Qualifications & Experience
A strong educational background in Economics, Quantitative Sciences, or Actuarial Studies is essential.
- Minimum of 5 years' leadership experience in product risk, risk management, or middle office functions, commodity trading and ideally within trading or financial services environments.
- Experience in data analytics and advanced proficiency in tools like MS Office (Excel, Power BI) is required.
- Advanced professional qualifications (CFA, FRM) are advantageous but not mandatory.
- Exceptional attention to detail, analytical mindset, and a passion for continuous learning and process improvement.
- Excellent communication skills in English, both verbal and written.
- Ability to lead and motivate a team in a fast-paced, dynamic environment.
- Proactive, accountable, and highly organized with a positive attitude.
Should you meet the required skills please respond to this advert
Desired Skills:
