Development and implementation of models and methodologies for estimating exposures to risks and/or minimization of such exposures; examining the quality and reliability of existing models and their actual outputs/results; performing complex calculations and analyses regarding projections and TASE group's models; performing additional tasks as required within the Models and Derivatives Section and/or the Risk Management Department.
The Tel Aviv Stock Exchange plays an important role in the growth and development of the Israeli economy and serves as a meeting point between Israeli companies operating in the market and the public. The TASE leads the Israeli capital market and contributes to the economy and society through advanced trading and clearing infrastructures.
The Risk Management Department, headed by the Chief Risk Officer, is in charge of the risk management framework in the TASE Group, including TASE's subsidiaries (TASE Clearing House, Maof Clearing House, etc.).
The department's responsibilities include, among others, building and maintaining independent and ongoing supervision processes with respect to the quality of risk management in the TASE group, formulating and managing framework and governance in the TASE Group, assessment of possible ways of managing risk exposures, and developing the Group's risk management policies, processes and models/methodologies.
The Department is also in charge of performing periodic risk self-assessment processes, formulating a corporate-wide risk management policy, risk appetite and exposure limits, and implementing risk management policies and risk management culture.
This is a Full-time position