Risk Officer Sandton

Talentcru; Gauteng; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading company in the banking and insurance sector is seeking a Risk Officer - Operations. This role is crucial for safeguarding the organization by managing risks and ensuring compliance with policies. The successful candidate will enhance risk management frameworks, engage with stakeholders, and conduct training, contributing to a culture of effective risk management.

Qualifications

• Experience in managing risk frameworks and internal controls.
• Ability to conduct risk assessments and provide training.

Responsibilities

• Manage and improve the risk management framework.
• Conduct risk assessments and monitor internal controls.
• Provide risk support to project teams.

Skills

Risk Management

Stakeholder Engagement

Risk Assessment

Tools

Power BI

Exclaim

Job description

Risk Officer - Operations

We're excited to offer a Risk Officer - Operations position for our client in the banking and insurance industry.

In this role, you'll play a vital role in safeguarding the organization by identifying and managing any threats to the achievement of our client's business objectives.

Key Responsibilities

1. Ongoing management and improvement of the risk management framework for the organization.
2. Overseeing and engaging with internal stakeholders, making recommendations, and implementing appropriate risk control actions.
3. Monitoring, evaluating, challenging, reviewing, and reporting on the organization's success in managing its risks.
4. Assist in identifying and updating major risks affecting the operational function and guiding the Business units in identifying their key risk indicators.
5. Monitor internal controls to ensure their adequacy and effectiveness and assist in the identification of appropriate enhancements to address identified weaknesses.
6. Provide an effective administrative function to support the risk management function.
7. Support the Head of Risk Management in the development and updating of risk management policies and procedures.
8. Conduct research when required and submit all required and ad hoc reports timely and accurately.
9. Assist in maintaining a culture that emphasizes the importance of effective Risk Management to all staff.
10. Monitor and control the internal assessment process to ensure compliance with policy and procedures.
11. Assist in coaching employees in the use of relevant operational risk management tools.
12. Conduct risk assessments of operational functions on an ongoing basis.
13. Conduct risk management training for internal stakeholders.
14. Involve in digitization of risk tools (e.g., Power BI, Exclaim).
15. Participate in process risk management to oversee review frequency, documentation timelines, and document accessibility.
16. Promote risk awareness for emerging risks.
17. Execute deep dives or investigations to understand risks, problems, or incidents.
18. Assess opportunities for process innovation to prevent deviations and gaps.
19. Provide risk support to project teams during process assessments and risk controls identification.
20. Perform risk monitoring for new service implementation and operational processes.
21. Contribute to reviews for the annual audit plan.
22. Facilitate and complete internal audit reviews.
23. Coordinate management responses and report findings.
24. Assist in preparing the Combined Assurance Reports.
25. Build and maintain relationships with internal and external stakeholders for excellent service delivery.
26. Participate in fostering a culture of rewarding relationships, feedback, and client service.
27. Deliver presentations to customers and stakeholders.