Lead Risk Management Specialist

Placements24; Noord-Kaap; Hybrid; ZAR 900,000 - 1,800,000; Full time

Benefits offered by this job

Fully remote

Competitive salary

Performance bonuses

Comprehensive benefits

Job summary

Placements24 is seeking an experienced Lead Risk Management Specialist for a fully remote role in the Banking & Finance sector. You will identify, assess and mitigate risks across the organization, shape risk policy and oversee ERM frameworks from a distributed team.

The ideal candidate has strong quantitative skills, broad regulatory knowledge, and a proven ability to communicate complex risk concepts to diverse audiences.

Qualifications

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or related quantitative field.
• 8+ years of risk management experience in financial services.
• FRM/PRM or equivalent is valued.
• Strong knowledge of ERM frameworks and regulatory requirements.

Responsibilities

• Develop and implement enterprise risk management (ERM) frameworks.
• Identify, assess, and quantify various risks.
• Design and execute risk mitigation strategies.
• Monitor KRIs and report to senior management.
• Conduct risk assessments for new products/services.
• Facilitate risk management training.
• Liaise with auditors and regulators on risk matters.
• Maintain risk registers and incident management processes.
• Support business continuity and disaster recovery planning.

Skills

Risk management

Quantitative risk modeling

Stress testing

Scenario analysis

Analytical thinking

Communication skills

Remote work independence

Education

Bachelor's degree in Finance, Economics, Statistics, Mathematics, or related field

FRM or PRM

Tools

ERM software

Data analysis tools

Job description

About the Role

Our client, a prominent player in the Banking & Finance industry, is actively seeking a proactive and experienced Lead Risk Management Specialist for a fully remote position. This role is instrumental in identifying, assessing, and mitigating various risks across the organization, ensuring operational resilience and regulatory compliance. The ideal candidate will possess a strong analytical foundation, a comprehensive understanding of risk frameworks, and a proven ability to develop and implement effective risk management strategies from a remote setting. This is an exceptional opportunity to shape risk policy and contribute to the strategic direction of a leading financial institution, with the flexibility of working from anywhere.

Key Responsibilities

• Develop and implement robust enterprise risk management (ERM) frameworks and methodologies.
• Identify, assess, and quantify financial, operational, strategic, and compliance risks.
• Design and execute risk mitigation strategies and action plans.
• Monitor key risk indicators (KRIs) and report on the risk profile to senior management and relevant committees.
• Conduct risk assessments for new products, services, and business initiatives.
• Facilitate risk management training and awareness programs for employees across the organization.
• Liaise with internal and external auditors and regulators on risk-related matters.
• Develop and maintain risk registers and incident management processes.
• Contribute to the development of business continuity and disaster recovery plans.

Requirements

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Advanced degrees or professional certifications (e.g., FRM, PRM) are highly valued.
• Minimum of 8 years of experience in risk management, preferably within the financial services or banking sector.
• Proven expertise in developing and implementing ERM frameworks.
• Strong understanding of quantitative risk modeling, stress testing, and scenario analysis.
• Excellent analytical, problem-solving, and decision-making skills.
• Exceptional communication and presentation skills, with the ability to convey complex risk concepts to diverse audiences.
• Proficiency in risk management software and data analysis tools.
• Demonstrated ability to work independently and effectively in a remote team environment.
• Knowledge of relevant regulatory requirements (e.g., Basel Accords, SARB regulations).

Benefits

• Our client offers a competitive salary, performance bonuses, and a comprehensive benefits package.
• This is a unique opportunity to join a forward-thinking organization and take on a lead role in risk management, fully remotely.
• The position offers significant professional autonomy and the chance to influence risk strategy across the Banking & Finance landscape, irrespective of your physical location.
• Successful candidates will join a collaborative and supportive team dedicated to excellence in risk oversight.