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Associate Risk Analyst Market Related

Mpc Recruitment

Gauteng

On-site

ZAR 200 000 - 300 000

Full time

30+ days ago

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Job summary

An established industry player in South Africa's financial services sector is seeking an Associate Risk Analyst to join their dynamic team. This role is pivotal in supporting the Head of Risk Management in executing the Risk Management Framework, ensuring effective risk management processes across the organization. You will engage in critical tasks such as the annual ORSA process and contribute to operational, fraud, and compliance risk assessments. This is a fantastic opportunity for individuals passionate about risk analysis and eager to make a significant impact in a vibrant environment. If you have a strong educational background in statistics, mathematics, or finance, and a keen interest in the financial services industry, we encourage you to apply and be part of this exciting journey.

Qualifications

  • Minimum honours level qualification in statistics, mathematics, or related field.
  • Working knowledge of the insurance and/or financial services industry is preferable.

Responsibilities

  • Assist with the maintenance and execution of the Risk Management Framework.
  • Perform the annual ORSA process and produce the ORSA document.

Skills

Enterprise Risk Management
Risk Analysis Techniques
Operational Risk Identification
Fraud Risk Quantification

Education

Honours Level Qualification in Statistics
Honours Level Qualification in Mathematics
Honours Level Qualification in Data Science
Honours Level Qualification in Actuarial Science
Honours Level Qualification in Risk Management
Honours Level Qualification in Finance

Job description

Job Title : Associate Risk Analyst

A dynamic and vibrant player in South Africa's financial services industry is looking for an Associate Risk Analyst.

Your knowledge of enterprise risk management concepts and risk analysis techniques are precisely what they are looking for. The position is based within the Enterprise Risk and Innovation division at the head office in Sandton, Johannesburg.

This position reports to the Head of Risk Management, who is accountable for the entire company's risk management functions. The role will be responsible for assisting the Head of Risk Management with maintenance and execution of the Risk Management Framework across the organisation, ensuring effectiveness of risk management processes.

Responsibilities also include performing the annual ORSA process and producing the ORSA document, including performing certain components of stress and scenario testing.

You will be expected to assist with the assurance process, focusing on operational, fraud, and compliance risk identification and quantification across the various company processes.

Required qualifications and experience:

  1. Minimum honours level qualification in the field of statistics, mathematics, data science, actuarial, risk management, finance, or other related field
  2. Working knowledge of the insurance and/or financial services industry is preferable

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