Chief Risk Officer

Hire Resolve; Johannesburg; On-site; ZAR 1,500,000 - 2,000,000; Full time

Job summary

A well-established bank is seeking an accomplished Chief Risk Officer to lead its risk management framework. The ideal candidate will have 10–15 years of senior-level experience in risk management, particularly in the banking sector. Responsibilities include shaping risk strategy, ensuring compliance, and fostering a proactive risk awareness culture. A competitive salary is offered for this critical executive position.

Benefits

Competitive salary

Qualifications

• 10–15 years’ senior-level experience in risk management within financial services.
• Deep understanding of operational and credit risk management principles.
• Exceptional leadership skills with the ability to inspire and influence.

Responsibilities

• Lead the organisation’s risk function and manage material risks.
• Establish and maintain a risk management framework.
• Oversee compliance with laws, regulations, and prudential standards.

Skills

Risk Management

Financial Modelling

Regulatory Compliance

Leadership

Analytical Thinking

Education

Bachelor’s degree in Risk Management, Finance, or related discipline

Master’s degree in Business

Job description

A well‑established bank is seeking an accomplished banking professional to take on the role of Chief Risk Officer. The successful candidate will provide strategic leadership of the bank’s risk management framework, ensuring robust governance, regulatory compliance, and proactive identification and mitigation of risks across all business areas. This is a critical executive position responsible for safeguarding the bank’s financial stability, reputation, and long‑term growth.


Responsibilities

• Lead the organisation’s risk function, ensuring that all material risks are identified, evaluated, monitored, and effectively managed.

• Shape and drive the risk strategy so it supports business goals while aligning with regulatory requirements and the organisation’s risk appetite.

• Continuously assess risks across all business areas, products, and operational processes, applying both qualitative and quantitative methods.

• Maintain a comprehensive and up-to-date risk register and taxonomy to guide management decision-making.

• Design and implement risk reporting tools, dashboards, and metrics for executive and board-level oversight.

• Provide timely updates and recommendations to senior leadership on emerging risks and potential mitigation actions.

• Establish and maintain a risk management framework, policies, and procedures that meet or exceed industry best practices.

• Chair or participate in relevant risk committees and ensure strong governance around decision-making.

• Oversee compliance with all applicable laws, regulations, and prudential standards, including Basel guidelines.

• Serve as the primary point of contact for regulators, auditors, and other oversight bodies on risk-related matters.

• Foster a strong, organisation-wide culture of proactive risk awareness through training, communication, and leadership.

• Partner with business leaders to integrate risk considerations into strategy, product development, and major initiatives.

• Direct the organisation’s stress testing and scenario analysis programmes to evaluate resilience under adverse conditions.

• Interpret stress test results and advise on capital adequacy, contingency planning, and strategic adjustments.

• Build and maintain strong relationships with external stakeholders, including rating agencies, industry groups, and regulators.

• Lead and develop a high-performing risk team, providing coaching, mentoring, and career growth opportunities.

• Oversee the credit risk function, including policy development, exposure management, and portfolio monitoring.

• Ensure that credit practices align with regulatory requirements and the organisation’s overall risk appetite.

• Develop, implement, and oversee a comprehensive financial crime prevention and detection strategy.

Requirements

• Bachelor’s degree in Risk Management, Finance, Commerce, or a related discipline; a Master’s degree in Business is preferred.

• 10–15 years’ senior-level experience in risk management within financial services, with banking experience highly desirable.

• Deep understanding of operational and credit risk management principles, regulatory frameworks, and Basel standards.

• Strong background in financial modelling, compliance oversight, and fraud prevention.

• Demonstrated success in managing regulatory relationships and navigating complex compliance environments.

• Exceptional leadership skills with the ability to inspire and influence at all levels.

• Strong analytical and strategic thinking capabilities, with a track record of embedding a robust risk culture across an organisation.

Please Note, if you don't match the Requirements or Industry, you won't be consider for this role..

Benefits

• Competitive salary.

• Contact Hire Resolve for your next career-changing move today

  • Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn
  • Sendme your CV on[phone] (Whatsapp)
  • You can also visit the Hire Resolve website: hireresolve.us or email us your CV: [e-mail]
  • Please use "CRO"as your subject line when applying via email

  We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise

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About Hire Resolve

Hire Resolve removes the stress of the career search byunderstanding you as an individual. We take more than just your qualificationsinto account, considering factors like your salary and benefits expectations aswell as your preferred workplace culture to ensure that we find the perfectopportunities to meet your unique needs.

As a specialist recruitment agency, we focus on theEngineering, Finance, IT, Mining, Manufacturing, and Logistics industries. Ourteam of recruitment consultants is well-versed and highly networked in theindustries in which they operate and are dedicated to ensuring that everyplacement is a perfect fit.