Remote Senior Financial Risk Manager

Placements24; Paarl; Remote; ZAR 1,500,000 - 2,200,000; Full time

Benefits offered by this job

Remote working

Competitive salary

Health, dental, and vision insurance

Retirement plan with employer matching

Professional development opportunities

Exposure to international markets

Job summary

Placements24 partners with a globally recognized financial services group to recruit a Senior Financial Risk Manager for a fully remote role.You will lead development and oversight of the enterprise-wide risk framework, focusing on market, credit and operational risk, with advanced modelling and regulatory alignment.

You will collaborate with international teams, prepare risk reports for executives and boards, and drive risk-aware decision making while maintaining strong autonomy in a remote

Qualifications

• Master's degree or higher in a quantitative field; strong regulatory understanding.
• FRM or CFA certifications preferred.
• 7+ years in financial risk management within banking/financial services.
• Expertise in market, credit and operational risk methodologies.
• Strong risk modeling, statistics, and regulatory knowledge.
• Programming skills in Python, R, SQL.
• Excellent communication and stakeholder management.
• Remote work capability with autonomous project delivery.

Responsibilities

• Develop and maintain enterprise-wide risk management framework.
• Identify, assess, and monitor market, credit, and operational risks.
• Design and validate risk models (VaR, stress testing, scenario analysis).
• Ensure Basel III and Solvency II regulatory compliance.
• Prepare risk reports for senior management, Board, and regulators.
• Develop risk mitigation strategies and contingency plans.
• Collaborate with business units to foster a risk-aware culture.
• Conduct independent reviews of risk processes and controls.
• Provide expert risk advice for strategic decisions.
• Evaluate new products from a risk perspective.

Skills

Risk management

Quantitative analysis

Stakeholder influence

Autonomous work

Regulatory awareness

Education

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

FRM

CFA

Tools

Python

R

SQL

Job description

About the Role Our client, a globally recognized financial services group, is seeking an experienced Senior Financial Risk Manager to join their esteemed organization on a fully remote basis. This critical role involves the development, implementation, and oversight of the firm's risk management framework, focusing on market, credit, and operational risks. The successful candidate will play a key role in identifying, assessing, and mitigating potential risks to protect the company's assets and reputation. This position requires a deep understanding of regulatory requirements and advanced risk modeling techniques. We are looking for a proactive and analytical individual who can provide strategic guidance on risk appetite and tolerance. The fully remote nature of this position enables us to attract top talent worldwide, requiring exceptional self-management and communication skills for seamless collaboration with international teams. This is an excellent opportunity to contribute to robust risk management practices from the comfort of your home office.

Key Responsibilities

• Develop, implement, and maintain the enterprise-wide risk management framework.
• Identify, assess, and monitor key financial risks, including market risk, credit risk, and operational risk.
• Design and validate risk models, including VaR, stress testing, and scenario analysis.
• Ensure compliance with relevant financial regulations and reporting requirements (e.g., Basel III, Solvency II).
• Prepare comprehensive risk reports for senior management, the board of directors, and regulatory bodies.
• Develop and implement risk mitigation strategies and contingency plans.
• Collaborate with business units to foster a strong risk-aware culture throughout the organization.
• Conduct independent reviews of risk management processes and controls.
• Provide expert advice on risk-related matters and support strategic decision-making.
• Evaluate new products and business initiatives from a risk perspective.

Requirements

• Master's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
• Professional certifications like FRM or CFA are highly valued.
• Minimum of 7 years of progressive experience in financial risk management within the banking or financial services industry.
• Proven expertise in market risk, credit risk, and operational risk management methodologies.
• Strong knowledge of risk modeling techniques, statistical analysis, and financial regulations.
• Proficiency in risk management software and tools, as well as programming skills (e.g., Python, R, SQL).
• Excellent analytical, problem-solving, and critical thinking skills.
• Superior communication, presentation, and interpersonal skills.
• Ability to work autonomously and manage complex projects in a remote environment.
• Demonstrated ability to influence stakeholders at all levels.
• Previous experience within the financial sector, ideally with ties to **Paarl, Western Cape**, though not mandatory for remote roles.

Benefits

• Competitive salary and performance-related bonus structure.
• Fully remote working arrangement, offering exceptional work-life balance and flexibility.
• Comprehensive health, dental, and vision insurance.
• Generous retirement savings plan with employer matching.
• Opportunities for continuous professional development and advanced training.
• Exposure to diverse international markets and risk challenges.
• A collaborative and supportive remote working culture.
• Be a key contributor to a leading global financial institution with a heritage linked to **Paarl, Western Cape**.