20.05.2024
Manager: Financial Risk Data Analysis
Road Accident Fund
South Africa, Centurion
3 weeks ago Be among the first 25 applicants Direct message the job poster from Road Accident Fund The Manager: Financial Risk Data Analysis position is graded at TASK level 16 and r eports to the Senior Manager Financial Risk Management .The managerwill be responsible for Data Warehousing and Analyses, including management of payments batching and flow of cash. The incumbant will also be responsible for creation of cash flow ladders and the identification of potential financial risk areas within the Fund. The role will also be required to facilitate the retrieval of specific information through simple queries from a database. Remuneration Total cost to company applicable to this position is minimum R 1 028 791.00 per annum, negotiable. MINIMUM JOB REQUIREMENTS Qualifications Degree/Advanced Diploma in a Computer Science, Information Systems, ICT, or related qualification. Postgraduate in a Financial Management/ an Investment Management/ an Accounting/ a Risk Management related qualification will be an added advantage. Experience Relevant 6-8 years’ experience in computer programming and database query management or Data Analytics related environment of which 2 (two) years must have been on a management/supervisory level/area of expertise. Key Performanance Areas Policy review and implementation Contribute to the development and implementation of departmental policy, procedures and processes. Participate in the process and policy formulation in relation to management of cash and liabilities. Keep up to date with effective policy and practice execution strategies. Payments batching and cash flow risk management Guide the preliminary analysis of accounting and financial documents to inform decisions and identify risks to payment batching and cash flow risk. Guide the assessment, controlling and analysis of potential payment batching risks in several non-market related fields and how these may affect the Fund's market. Guide the analysis of payment batching and cash flow risk trends and construct guidelines thereon. Guide the designing and implementing of strategies to manage payment batching and cash flow risk. Ensure the development of statistical tools and models Guide the use of various valuation techniques and tools, statistical models, and quantitative analysis in order to contribute towards the Fund's success. Guide team in the use and implementation of new statistical tools and software to evaluate risk. Guide the development of models and contingency plans to deal with potential threats. Database queries and management information systems Utilize SQL and other programming languages to query databases across RAF Operations. Create macros utilizing appropriate programming languages for automation of manual processes. Intimately understanding of data and data sets utilizing advanced statistics and modelling techniques. Implement a data warehousing framework for the department Verification of data sources for optimal decision making. Assists with process and policy formulation surrounding management of cash and liabilities . Data Warehousing and analyses Verify data sources to ensure accurate analysis. Facilitate pricing transfers between different business units. Provide data warehousing and analysis technical support to Finance and Investment Department. Produce reports on analysis findings. Liability Management Create and produce cashflow liability ladders from both Claims and Budget expenditure. Manage liabilities batching operations in line with approved liability payment principles. Analyse cash gaps between cash resources and liability ladders. Forecast budget items ahead of budget approvals. Forecast interest expense and interest receivable items. Automate reconciliation and verification checks against claim obligations. Analyse cash and liability trends. Other key performance areas include : People Management Reporting Seniority level Seniority level Mid-Senior level Employment type Employment type Full-time Job function Job function Finance and Analyst Industries Insurance, Financial Services, and Data Infrastructure and Analytics Referrals increase your chances of interviewing at Road Accident Fund by 2x Get notified about new Manager Financial Analysis jobs in Centurion, Gauteng, South Africa . Pretoria, Gauteng, South Africa 3 days ago Bryanston, Gauteng, South Africa 2 weeks ago Centurion, Gauteng, South Africa 1 week ago Bryanston, Gauteng, South Africa 2 days ago Sandton, Gauteng, South Africa 2 weeks ago Centurion, Gauteng, South Africa 2 weeks ago Midrand, Gauteng, South Africa 2 weeks ago Johannesburg, Gauteng, South Africa 1 month ago Sandton, Gauteng, South Africa 2 weeks ago Sandton, Gauteng, South Africa 2 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr
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