Job Description

Risk Officer (JHB Hybrid) Finance/Admin
Johannesburg - Gauteng - South Africa
ENVIRONMENT:
SAFEGUARD the clients, reputation, assets and the interests of stakeholders of an innovative provider of advanced Financial Security Services in Joburg by identifying and managing any threats as its next Risk Officer. The ideal candidate will need Grade 12/Matric, a suitable Degree, 5-8 years of experience in Operational Risk Management, preferably in a regulated entity with solid knowledge of the FMA and the CSD operating environment and legal framework. You also require strong knowledge of risk frameworks & experience with Business Continuity and Incident Management is required, and operational resilience.
DUTIES:
Internal Process

• Ongoing management and improvement of the Risk Management framework for the organisation.
• Management of the process of identifying and assessing the risks affecting the current business and specifically the Technology and Data division.
• Oversee and implement appropriate risk control actions.
• Monitor, evaluate and challenge the organisations success in managing operational risks.
• Management of the process of identifying and assessing the risks affecting the new or proposed products and services.
• Ensure appropriate risk reporting, internally and externally.
• Drive and implement new regulatory requirements pertains to technology and data developments in collaboration with the Head of Compliance.
• In collaboration with the Head of Risk, develop, implement and maintain the Operational Resilience Framework.
• In collaboration with the Head of Risk Management, be responsible for coordinating to the business resilience planning initiatives, including business continuity management, collaborating with other Risk Officers and their respective areas.
• Assist with the facilitation of outsourced internal audit function.
• Define impact tolerances and coordinate regular testing and scenario exercises to assess resilience capabilities.
• Management of select staff within the Risk Management function as and when required.
• Oversee Information Security Management activities and reporting.
• Uncover and assess strategic, financial, operational, and compliance risks.
• Formulate proactive action plans to mitigate risk factors.
• Conduct risk evaluations to improve past Risk Management approaches.
• Oversee documentation, revision, and dissemination of company policies, ensuring staff comprehension and risk mitigation.
• Update and maintain the Information Security Management System (ISMS) alongside the Information Security Officer where relevant for operational risk.
• Alongside the Head of Risk, strategically manage the organisational Risk Management framework to drive proactive measures and sustain a downward trajectory of risk exposure.
• Stay abreast of cutting-edge methodologies and industry benchmarks in Risk Management.

Engage with clients in a client centric manner (Client Services) -

• Ongoing relationship building with internal and external stakeholders.
• Ability to develop new improved processes and to facilitate discussions with external stakeholders.
• Deliver effective and consistent service and support to clients within specified service level agreements.
• Enable business communications between business areas.
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service.

Self-management and teamwork (People)

• Develop and maintain productive and collaborative working relationships with colleagues, peers and stakeholders.
• Continuously develop own expertise in terms of professional, industry and legislation knowledge.
• Contribute to continuous innovation through the development, sharing and implementation of new ideas.

Contribute to financial controls and planning (Finance)

• Identify solutions to enhance cost effectiveness and increase operational efficiency.
• Responsibly managing financial and other company resources under your control.
• Provide input into the risk identification processes and communicate recommendations in the appropriate forum.

REQUIREMENTS:
Qualifications

• Grade 12 or equivalent.
• Relevant Degree.
• A professional qualification from the Institute of Risk Management or another relevant profession (e.g. Internal Audit, Accountancy, Law) will be advantageous.

Experience

• 5-8 Years of experience in Operational Risk Management, preferably in a regulated entity.
• Knowledge of the FMA and the CSD operating environment and legal framework.
• Strong knowledge of risk frameworks.
• Experience with Risk Management systems/tools.
• Knowledge of Information Technology and Communication risks.
• Experience with Business Continuity and Incident Management is required, and operational resilience.

ATTRIBUTES:

• Excellent analytical, problem-solving, and decision-making skills.
• Strong communication and interpersonal skills and the ability to influence stakeholders.
• Ability to work proactively and independently to deliver precise and accurate work.
• Take ownership for driving personal career development.

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