Junior Risk Analyst

Frogg Recruitment; Cape Town; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A recruitment agency is seeking a bright Junior Risk Analyst to join their client's team in Cape Town. This role demands 2-3 years of experience in financial services or related fields. Responsibilities include preparing risk dashboards, monitoring KRIs, and assisting with risk assessments. Ideal candidates will possess strong Excel skills, familiarity with SQL and risk concepts. A bachelor's degree in Finance or a related field is essential. The position offers a competitive salary range of R18,000 – R32,000 gross per month.

Qualifications

• 2-3 years of experience in financial services, risk, internal audit or analytics.
• Understanding of basic risk concepts like credit exposure, PD/LGD, operational risk.
• Interest in professional development (FRM/PRM/CFA modules).

Responsibilities

• Prepare monthly/quarterly risk dashboards and MI for senior management.
• Monitor KRIs and limit breaches; escalate and follow up on remediation.
• Assist with risk assessments, control testing and maintenance of the risk register.

Skills

Strong Excel skills

Familiarity with SQL

Power BI/Tableau

Attention to detail

Good communication skills

Education

Bachelor’s degree in Finance, Economics, Risk, Statistics, Commerce or related

Tools

GRC tools

Job description

Junior Risk Analyst job vacancy in Cape Town.

We are looking for a bright Junior Risk Analyst 2-3 years experience to join our clients Risk team. You will support risk monitoring, reporting and control assurance across credit, market and operational risk, helping ensure the business operates within its risk appetite.

Salary: R18,000 – R32,000 gross/month experience.

Requirements

• Bachelor’s degree in Finance, Economics, Risk, Statistics, Commerce or related.
• 2–3 Years’ experience in financial services, risk, internal audit or analytics (graduates welcome).
• Strong Excel skills; familiarity with SQL, Power BI/Tableau or Power Query advantageous.
• Understanding of basic risk concepts (credit exposure, PD/LGD, operational risk).
• Excellent attention to detail and good communication skills.
• Experience with banking/insurance systems, GRC tools or regulatory reporting.
• Interest in professional development (FRM/PRM/CFA modules).

Key Responsibilities:

• Prepare monthly/quarterly risk dashboards and MI for senior management.
• Monitor KRIs and limit breaches; escalate and follow up on remediation.
• Assist with risk assessments, control testing and maintenance of the risk register. Investigate operational incidents and support root-cause analysis.
• Support regulatory and internal reporting as required.
• Work with stakeholders to implement risk mitigations and improve processes.