Senior Risk Manager - Operational & Strategic Risks

Placements24; Houston (TX); On-site; USD 60,000 - 108,000; Full time

Benefits offered by this job

Medical aid

Provident fund

Professional development

Wellness programs

Job summary

Placements24 is seeking a Senior Risk Manager to lead the operational and strategic risk management framework for a prominent financial services institution in Randburg, Gauteng. The role demands identifying, assessing, monitoring, and mitigating risks to protect the organization’s objectives and reputation.

The ideal candidate will have extensive risk management experience, strong analytical skills, and proven leadership capabilities.

Qualifications

• Relevant tertiary qualification in Finance, Risk Management, Business or related discipline.
• Minimum of 7 years of experience in risk management, with focus on operational and strategic risks in financial services/insurance.
• Professional certifications such as CRM, PRM or FRM are highly desirable.
• Familiarity with COSO ERM and enterprise-wide risk management frameworks.

Responsibilities

• Develop, implement, and maintain the organization's operational and strategic risk management framework.
• Identify risks through workshops, scenario analysis, and data analysis.
• Assess risk likelihood and impact; develop mitigation strategies.
• Design and oversee risk controls and monitoring mechanisms.
• Conduct root cause analysis of risk events and recommend corrective actions.
• Prepare regular risk reports for senior management and the board.
• Promote risk management culture through training and communication.
• Ensure compliance with regulatory requirements and industry practices.
• Manage and mentor a team of risk professionals.

Skills

Analytical

Problem solving

Stakeholder mgmt

Communication skills

COSO ERM

Education

CRM

PRM

FRM

Tools

COSO ERM

Job description

About the Role Our client, a prominent financial services institution based in Randburg, Gauteng , is actively seeking a highly experienced Senior Risk Manager to lead and enhance its operational and strategic risk management framework. This vital role involves identifying, assessing, monitoring, and mitigating a wide spectrum of risks that could impact the company's objectives and reputation. You will be responsible for developing and implementing robust risk policies, procedures, and controls, fostering a strong risk-aware culture throughout the organization, and reporting on the risk landscape to senior management and the board. The ideal candidate will possess a comprehensive understanding of risk management principles, a strong analytical aptitude, and excellent leadership qualities. This is an exceptional opportunity to shape the risk strategy of a leading firm in Gauteng .

Key Responsibilities

• Develop, implement, and maintain the organization's operational and strategic risk management framework.
• Identify potential risks through various assessment techniques, including risk workshops, scenario analysis, and data analysis.
• Assess the likelihood and impact of identified risks and develop appropriate mitigation strategies.
• Design and oversee the implementation of risk controls and monitoring mechanisms.
• Conduct root cause analysis of risk events and incidents, recommending corrective actions.
• Prepare regular risk reports for senior management, the board, and relevant committees.
• Promote a strong risk management culture across all levels of the organization through training and communication.
• Ensure compliance with relevant regulatory requirements and industry best practices.
• Manage and mentor a team of risk professionals.

Requirements

• A relevant tertiary qualification in Finance, Risk Management, Business, or a related discipline.
• Minimum of 7 years of experience in risk management, with a significant focus on operational and strategic risks within the financial services or insurance sector.
• In-depth knowledge of risk management methodologies (e.g., COSO ERM), tools, and techniques.
• Proven experience in developing and implementing enterprise-wide risk management frameworks.
• Strong analytical, problem-solving, and critical thinking skills.
• Excellent communication, presentation, and stakeholder management abilities.
• Experience in managing and developing a team.
• Professional certifications such as CRM, PRM, or FRM are highly desirable.
• Familiarity with regulatory landscapes pertinent to financial services in South Africa.

Benefits

Our client offers a highly competitive salary and bonus structure, comprehensive medical aid coverage, and a substantial contribution to a provident fund. Opportunities for continuous professional development, including advanced risk management certifications and leadership training, are actively supported. This role is based in our modern offices in Randburg , fostering a collaborative and dynamic work environment. We are committed to employee well-being and offer various wellness programs. Be a key player in safeguarding the future of a leading financial institution in Gauteng .