Financial Risk Manager

Placements24; Centurion; Hybrid; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Competitive salary and bonus structure

Executive-level health and retirement

Career advancement and leadershipopps

Centurion, Gauteng work environment

Cutting-edge risk management tech

Vacation and personal leave allowances

Professional development budget

Job summary

Placements24 is seeking an experienced Financial Risk Manager to oversee identification, assessment, and mitigation of financial risks across the organization in Centurion, Gauteng. You will lead risk management initiatives, develop robust frameworks, and ensure regulatory compliance while collaborating with executives, auditors, and business units.

The role requires a Master’s degree in a related field, FRM/PRM qualifications preferred, and at least 7 years of leadership experience in financial

Qualifications

• Master's degree in Finance, Economics, Risk Management, or related field required.
• Professional certifications such as FRM or PRM highly desirable.
• Minimum of 7 years of experience in financial risk management, with leadership experience.

Responsibilities

• Develop and implement comprehensive risk management strategies and policies.
• Identify, assess, and quantify key financial risks faced by the organization.
• Design and oversee the execution of risk mitigation plans.
• Monitor and report on risk exposures and regulatory compliance (e.g., Basel accords).
• Develop and maintain risk models, including VaR, stress testing, and scenario analysis.
• Liaise with internal and external auditors and regulatory bodies.
• Provide training and guidance to business units on risk management best practices.
• Lead the risk management team and foster a risk-aware culture.
• Stay current with industry best practices and emerging risk trends.

Skills

Financial risk management

Leadership

Regulatory compliance

Stakeholder communication

Education

Master's degree in Finance/Economics/Risk Management

FRM or PRM certification

Tools

R

Python

SQL

Job description

About the Role

Our client is seeking an experienced and strategic Financial Risk Manager to join their esteemed organization based in **Centurion, Gauteng**. This crucial role involves overseeing the identification, assessment, and mitigation of financial risks across the company, including market risk, credit risk, liquidity risk, and operational risk. You will be responsible for developing and implementing robust risk management frameworks, policies, and procedures to safeguard the company's assets and ensure regulatory compliance. The ideal candidate will possess a deep understanding of financial markets, risk modeling techniques, and regulatory landscapes. This is an exceptional opportunity to lead risk management initiatives in a significant financial institution, contributing to its stability and long-term success. You will collaborate closely with executive leadership, business units, and internal/external auditors. We are looking for a proactive leader with strong analytical capabilities and excellent communication skills to effectively convey risk-related information to diverse stakeholders. Your expertise will be vital in navigating complex financial environments and upholding the highest standards of corporate governance.

Key Responsibilities

• Develop and implement comprehensive risk management strategies and policies.
• Identify, assess, and quantify key financial risks faced by the organization.
• Design and oversee the execution of risk mitigation plans.
• Monitor and report on risk exposures and compliance with regulatory requirements (e.g., Basel accords).
• Develop and maintain risk models, including VaR, stress testing, and scenario analysis.
• Liaise with internal audit, external auditors, and regulatory bodies.
• Provide training and guidance to business units on risk management best practices.
• Manage the risk management team and foster a strong risk-aware culture.
• Stay current with industry best practices and emerging risk trends.

Requirements

• Master's degree in Finance, Economics, Risk Management, or a related field.
• Professional certifications such as FRM or PRM are highly desirable.
• Minimum of 7 years of experience in financial risk management, with a significant portion in a leadership capacity.
• In-depth knowledge of market risk, credit risk, liquidity risk, and operational risk management.
• Strong understanding of financial instruments, capital markets, and banking regulations.
• Proficiency in risk modeling software and analytical tools (e.g., R, Python, SQL).
• Excellent analytical, problem-solving, and decision-making skills.
• Exceptional communication, presentation, and interpersonal skills.
• Proven ability to lead teams and influence stakeholders at all levels.

Benefits

• Competitive salary and comprehensive bonus structure.
• Executive-level health, retirement, and insurance benefits.
• Significant opportunities for career advancement and leadership development.
• Dynamic and challenging work environment in **Centurion, Gauteng**.
• Access to cutting-edge risk management technologies.
• Generous vacation and personal leave allowances.
• Professional development budget for conferences and certifications.