Operational Risk Management Officer

Bank Of China Limited Johannesburg Branch; Gauteng; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A leading financial institution in Gauteng is seeking a junior Operational Risk Management Officer. You'll support risk oversight and implement strategies to enhance operational risk management. The role requires a Bachelor's degree and a minimum of 2 years' experience in the field. Banking experience is preferred.

Qualifications

• Minimum of 2 years' experience in Operational Risk Management.
• Banking experience preferred.

Responsibilities

• Support oversight of key risk areas in Operational Risk.
• Implement risk strategies and monitor risk appetite.
• Prepare regulatory reports.

Skills

Operational Risk Management

Risk Monitoring

Business Continuity Management

Collaboration

Education

Bachelor's degree

Job description

Operational Risk Management Officer (junior position)

Responsibilities

• Candidate will be responsible to support the oversight of key risk areas, namely Operational Risk (including Outsourcing Risk, Business Continuity Management and IT Risk), Internal Control, Risk Data Aggregation and Risk Reporting standards
• Risk monitoring and control support
• Implementing risk strategies and monitoring risk appetite
• Monitor and provide awareness on operational risk management tools (Risk and Control Assessments, Key Risk Indicators and Loss Data Collection)
• Collaboration with key stakeholders
• Monitor and support internal control implementation
• Support the organizations business continuity development and implementation
• Enhance the risk data aggregation and risk reporting framework
• Update risk management policies and procedure
• Build on the risk culture by coordinating engagements between risk and first line departments and promote a culture of transparency
• Prepare regulatory reports

Requirements

• Bachelor's degree
• Minimum of 2 years' experience in Operational Risk Management (either first or second line)
• Banking experience preferred