Lilita N Ngqwebo
Risk Management Specialist | Market & Liquidity Risk | ALM & IFRS 9 Reporting
Sandton
Summary
Strategic Risk Management Specialist with 8+ years of experience in commercial banking, specializing in liquidity risk, IRRBB, IFRS 9, and regulatory compliance. Lead end-to-end ALM and interest rate risk processes at an international bank, including IRRBB, ICAAP inputs, and CSRBB regulatory field testing.
Proven expertise in policy ownership, with advanced automation of risk models (IFRS 9 ECL, IRRBB, CSRBB, Hedge Accounting) using Excel VBA—reducing turnaround time by over 90%. Strong governance and stakeholder engagement experience across ALCO and RCICC.
Currently expanding technical capability in SQL and Power BI, with a growing focus on advisory delivery in regulatory reform and treasury risk transformation.
Overview
10
10
years of professional experience
3
3
Languages
Work History
Risk Manager: Assets and Liabilities
China Construction Bank - Johannesburg
01.2024 - Current
- Lead the end-to-end Interest Rate Risk in the Banking Book (IRRBB) process, including ownership of the IRRBB policy, model execution for BA330 submissions, NII and EVE sensitivity analysis, and scenario testing
- Lead the preparation and execution of the bank’s IFRS 9 framework, including staging classification, ECL modelling, and periodic recalibrations in line with internal and regulatory standards
- Developed and maintain the bank’s Credit Spread Risk in the Banking Book (CSRBB) model; act as designated contact for regulatory field testing under SARB’s evolving directives
- Prepare the Liquidity Risk and IRRBB sections of the annual ICAAP report, aligning capital and risk planning with internal risk appetite and regulatory standards (Pillar II and III)
- Design and run stress testing scenarios for liquidity and IRRBB, reporting key exposures and threshold breaches to ALCO and RCICC
- Serve as the branch’s primary contact for regulatory engagement on liquidity and interest rate risk matters, including implementation of new directives, interpretation of guidance, and audit readiness
- Draft and maintain governance documentation such as the Liquidity Risk Management Policy, ALM Framework and IRRBB Policy
- Build and automate advanced risk models using Excel VBA, including:
IFRS 9 ECL model
IRRBB & CSRBB calculation tools
Hedge Accounting model and CODI tracking framework - Cut manual reporting time by over 90% through automation, significantly improving accuracy, control, and turnaround for audit and regulatory review
- Created a dynamic Liquidity Risk Dashboard and automated ALCO reporting pack to support executive-level decision-making
- Act as ALCO secretary, overseeing governance compliance, maintaining committee records, and preparing executive briefing materials
- Regularly present balance sheet movement analysis, IRRBB results, and liquidity updates to ALCO, translating technical data into strategic insights
- Currently self-learning SQL and Power BI to advance risk analytics and data visualisation capabilities
- Maintaining, monitoring, and reviewing the ALM framework, policies, and contingency funding plans.
Assistant Risk Manager
China Construction Bank - Johannesburg
01.2022 - 12.2023
- Managed implementation of the Standardised Approach for Counterparty Credit Risk (SA-CCR), ensuring accurate exposure calculations and compliance with SARB requirements
- Administered the Credit Risk Management process, including credit exposure monitoring, trial balance alignment, and reporting to internal governance committees
- Acted as secretary to the Credit Committee, preparing and validating risk reports, maintaining compliance with Terms of Reference, and coordinating decision documentation
- Supported enhancements to risk control frameworks, contributing to stronger governance over liquidity, market, and credit risk exposures
- Liaised with internal stakeholders and audit functions to ensure readiness for regulatory reviews and internal audit cycles
Middle Officer
China Construction Bank - Johannesburg
04.2020 - 12.2021
- Conducted exposure monitoring for market and liquidity risk in alignment with branch requirements.
- Monitoring risk indicators and compiling risk reports to assist Head Office, local regulator (SARB), Asset and Liability Committee (ALCO), and Treasury department of the branch.
- Managed counterparty credit risk through limit and collateral monitoring.
- Maintained dealing system parameters.
- Established effective relationships with key stakeholders both internally and externally for increased collaboration opportunities.
Forex Middle Office Administrator / Assistant Accountant
Sasfin Bank
02.2018 - 03.2020
- Perform a financial role within the Sasfin Forex division, ensuring that all accounting reporting and reconciliations are prepared on a daily, weekly, monthly and quarterly basis.
Temp Bookkeeper
Sasfin Bank
04.2017 - 10.2017
- Ensure that all the bookkeeping is fulfilled according to the department's documented internal processes.
Temp Data Capturer
Sasfin Bank
11.2017 - 01.2017
- Ensure that all client data captured is accurate, complete and complies with the company standards.
Accountant
IMPROVATE LOGISTICS PTY LTD
07.2015 - 12.2016
- Maintained and managed all the financial reporting of the company. Ensuring accurate bookkeeping is done, managing creditor and debtor accounts, budgets etc.
Education
Data Analysis Certificate -
University of Cape Town
Cape Town, South Africa06-2025
PGDip in Internal Auditing -
Nelson Mandela University
Port Elizabeth, South Africa12-2016
B Comm General Accounting -
Nelson Mandela University
Port Elizabeth, South Africa12-2014
MBAT Fasset Workplace Readiness Program -
FASSET
06-2014
Matric -
Ntsonkotha Senior Secondary
12-2010
Skills
Excel VBA (advanced modelling & automation)
Risk reporting
Interest Rate Risk in the Banking Book (IRRBB)
Credit Spread Risk in the Banking Book (CSRBB)
Liquidity Risk Management (LCR, NSFR, BAs)
IFRS 9 (Staging, ECL Modelling)
SA-CCR (Standardized Approach to Counterparty Credit Risk)
ICAAP & Pillar III Reporting
Risk Appetite Monitoring
ALM Policy and Framework Development
Personal Information
- Notice Period: One calendar month
- Nationality: South African
Timeline
Risk Manager: Assets and Liabilities
China Construction Bank - Johannesburg
01.2024 - Current
Assistant Risk Manager
China Construction Bank - Johannesburg
01.2022 - 12.2023
Middle Officer
China Construction Bank - Johannesburg
04.2020 - 12.2021
Forex Middle Office Administrator / Assistant Accountant
Sasfin Bank
02.2018 - 03.2020
Temp Data Capturer
Sasfin Bank
11.2017 - 01.2017
Temp Bookkeeper
Sasfin Bank
04.2017 - 10.2017
Accountant
IMPROVATE LOGISTICS PTY LTD
07.2015 - 12.2016
Data Analysis Certificate -
University of Cape Town
PGDip in Internal Auditing -
Nelson Mandela University
B Comm General Accounting -
Nelson Mandela University
MBAT Fasset Workplace Readiness Program -
FASSET
Matric -
Ntsonkotha Senior Secondary
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