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Head, Risk Analytics At Sigma Qualitas

Date Posted: 10/May/2014
Deadline: 12/May/2014

Sigma Qualitas is recruiting to fill the position of:

Head, Risk Analytics

Job Purpose The Risk Analytics team provides tools, analysis and support for the business divisions within a manufacturing Group;to identify and measure risk, optimize risk prevention and mitigate losses. The candidate will be responsible for a team whose sole responsibility is the development of all methodological aspects of risk management.

Duties & Responsibilities

  • Development of methodologies for rating & scoring including decision analytics, portfolio modeling for all risk types across the group( VaR and economic capital – REGULATORY CAPITAL IS NOT CURRENTLY APPLICABLE)
  • Development of exposure methodologies and the calibration & validation of the respective risk parameters
  • Development and management of applications and tools for capital planning, stress testing, Raroc, portfolio optimization etc.)
  • Development of new scoring methodologies and extended use of sophisticated statistical methods for credit risk ;Data analysis on defaulted customers and modeling of recoveries
  • Analytical support of portfolio management units in the risk assessment of sub-portfolios
  • Development and validation of expert rating models (rating sheets)
  • Capital planning: extension and maintenance of planning tools; support of the annual group-wide capital planning process
  • Risk adjusted return on capital (RaRoC) calculations: extension and maintenance of the RaRoC pricing/performance Tools RPT and Client RaRoC; regular RaRoC calculations
  • Portfolio management tools: establishment of a risk appetite grid and a portfolio optimization framework

Stress Testing:

  • Definition of integrated scenarios for financial (market and liquidity), credit, operational, business risk and develop the different approaches into one unified framework
  • Identification of risk drivers and their stress impact
  • Analysis of stress test results and communication with relevant stakeholders i.e. Business Units, Risk Management units, Finance (Treasury and Capital Management)
  • Establishment of a reporting engine that allows ready and efficient result dissemination

Key Performance Indicators

  • Identify and Quantity operational risks across the group
  • Developed Weighted Average Risk Rating and begin to measure
  • Implement Risk Reporting on Operational Risks across the group
  • Fully developed CSRA program group-wide
  • Working KRI program group-wide
  • Timeliness in meeting deadlines and schedules

Job Requirements

  • Minimum Education: Master’s degree or higher in a strongly technical degree (e.g. Mathematics, Statistics, Physics, Computer Science, engineering).


  • Minimum experience – 10 years working experience with a minimum of 5 years experience in financial mathematics, ideally in the field of statistics, probability or structured finance
  • Experience working in an R&D or entrepreneurial environment, particularly on a development team

Key Competency Requirements

  • Proficiency in MS Office suite (Excel, Word, PowerPoint, Access)
  • At least one programming language: C, C++, Matlab, Java, Mathematica, SAS, VBA
  • Strong understanding of Risk Management principles


  • Ability to thrive in uncertain environment
  • Experience with analysis of raw data, ability to discern patterns and determine optimal areas of inquiry based on analysis of raw data
  • professional Excel plus experiences with relevant software packages, ideally SAS, VBA, C++, SQL, MS Access
  • Excellent written and Communication skills (written and oral)
  • strong analytical skills & proven ability to solve problems independently
  • Attention to detail

Method of Application
Required with your submitted CV are the following; your current earning information and your DOB. Your contact details should contain active phone numbers and email addresses. Review your CV every time you make a submission, one CV does not fit all jobs. Kindly note that we need the subject matter of your response to contain the Job Title you are interested in, the file type must be PDF or DOCX, the preference being word documents, any response that contains a file name such as “My CV or My Resume” cannot be treated. All submissions are to be made to: [email protected]

Please note: Short listing is based on the requirements in the given job descriptions above such as; qualifications required, years of experience, technology and industry exposure. All candidates for the list positions MUST have relevant and required work experience.

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