Mukundi Ravhura
Johannesburg
Summary
I am a detail-oriented market risk management specialist versed in market risk analysis and reporting. I bring advanced understanding of market conditions and trends. I am currently reponsible for analysing, monitoring and evaluating market risk exposures emanating from trading desks across various asset classes in the group to ensure alignment with the Group’s risk appetite and ensuring appropriate regulatory and economic capitalisation for trading activity. I have experience in macroeconomic research, market risk including the regulations thereof, executive committee reporting, SARB engagements and data analysis. I am a highly-motivated employee with desire to take on new challenges. Strong work ethic, adaptability and exceptional interpersonal skills. Adept at working effectively unsupervised and quickly mastering new skills. I hold a B.com degree in Economics and Econometrics as well as a BCom. Honors in Investment Management and currently in the process of obtaining my ACI dealing certificate.
Overview
6
6
years of professional experience
Work History
Market Risk Analyst
Rand Merchant Bank: Markets
07.2019 - Current
- Responsible for understanding the drivers of market risk exposure and P&L across all trading desks by collaborating with front office and reporting on material risks to internal committees and the Prudential Authority
- Keeping abreast with market dynamics and regulatory changes to ensure business is aligned with prudential changes
- Perform stress tests of portfolios to determine potential impacts of extreme market movements.
- Review regulatory requirements related to capital adequacy and market risk management.
- Assist with the development and updating of market risk frameworks for managing market risks in line with Basel regulations.
- Evaluate new trading activities for their associated risks and capital implications before implementation.
- Compiled operational and risk reports detailing financial metrics to help management make proactive decisions.
- Maintaining market risk governance controls, setting and monitoring risk limits and ensuring that business trading activities remain within the approved limits; ensuring management reporting is compliant with BCBS 239 regulations; collaborating with other risk teams to manage capital efficiently
- Consolidating other risk types including counterparty credit, liquidity and foreign exchange.
- Ongoing implementation of risk monitoring tools.
Macro Strategy Graduate
FirstRand Corporate Centre: Group Treasury
07.2018 - 07.2019
- Research
- Providing macroeconomic variables to business units
- Identifying risks to the group’s forecasts and comparing the group’s key forecasts to other statistical houses
- Providing research to stakeholders upon request
- Assisted with ad hoc research requests
- Collaborated with others to discuss new opportunities
Education
BCom Hons Investment Management -
University of Johannesburg
12-2022
BCom Economics And Econometrics -
University of Johannesburg
12-2015
Deep learning and Future Work Skills -
Gordon Institution of Business Sciences
Skills
- Analytical
- Research
- Risk Advisory
- Presentations
- Risk Assessment
- Proficient In Microsoft Office and Murex
- Implementing process efficiencies
- Attention to detail
- Ability to prioritise
- Stakeholder focus and relationship building
- Maintaining risk and governance controls
- Report writing
References
References available on request.
Timeline
Market Risk Analyst
Rand Merchant Bank: Markets
07.2019 - Current
Macro Strategy Graduate
FirstRand Corporate Centre: Group Treasury
07.2018 - 07.2019
BCom Hons Investment Management -
University of Johannesburg
BCom Economics And Econometrics -
University of Johannesburg
Deep learning and Future Work Skills -
Gordon Institution of Business Sciences
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