Risk Analyst

Boardroom Appointments; Durban; On-site; ZAR 900,000 - 1,500,000; Full time

Job summary

Boardroom Appointments in Durban is seeking an experienced Risk Manager to lead the enterprise risk function, align risk activities with business objectives, and strengthen governance across the organisation.

The role requires a risk management certification or degree, at least 5 years in risk management with 1 year in management, 3 years in financial services, and FAIS Fit & Proper compliance.

Qualifications

• Appropriate risk management certification or tertiary level degree.
• Minimum of 5 years risk management experience and at least one year in a management role.
• A minimum of 3 years of experience within the financial services sector.
• Must meet the FAIS Fit & Proper Requirements.

Responsibilities

• Implement the enterprise risk strategy in collaboration with the business.
• Support robust risk management framework and architecture.
• Assess and understand combined risks and interrelationships.
• Monitor progress of risk mitigation activities.
• Implement and monitor risk metrics and policies.

Skills

Risk management

Leadership

Governance

Stakeholder communication

Education

Bachelor or relevant risk/finance degree

Job description

The Risk Manager is responsible for assisting with risk management strategies, the implementation and monitoring thereof and ensuring sound governance in the business.

Duties and responsibilities:

• Implement the strategy for the enterprise risk function, working in conjunction with the business to ensure achievement of the business objectives.
• Support in the implementation of a robust risk management framework and architecture for the organisation and manage the enterprise-wide risks.
• Assess and understand the combined risks of the business and their interrelationships
• Monitor the progress of risk mitigation activities
• Implement and monitor appropriate risk metrics.
• Monitor policies and procedures for appropriate risk measures.
• Monitor industry and regulatory updates, and the organisations policies and procedures.
• Ensure robust service provider due diligence is conducted from a risk perspective.
• Provide qualitative and quantitative risk reporting in all risk areas which meets the needs of the Executive team and Board.
• Embed a positive culture of confident and informed risk-taking.
• Act as change agent within the business for the communication and implementation of risk management requirements and standards.
• Maintain high levels of knowledge on legislation applicable to the life insurance industry.

Qualifications and experience:

• Appropriate risk management certification or tertiary level degree
• Minimum of 5 years risk management experience and at least one year in a management role.
• A minimum of 3 years of experience within the financial services sector.
• Must meet the FAIS Fit & Proper Requirements.