Risk Analyst

Placements24; Gauteng; Hybrid; ZAR 500,000 - 900,000; Full time

Benefits offered by this job

Performance-based bonus

Health, pension, and life cover

Professional development & FRM/PRM

Hybrid work environment

Dynamic work environment

Job summary

Placements24 in Pretoria is seeking a highly analytical and strategic Risk Analyst to join its risk management department. You will identify, assess, and mitigate potential financial and operational risks across the organization, using modeling techniques and data analysis to provide insights that inform strategic decisions.

This role offers a hybrid work setup, opportunities for professional certification (FRM/PRM), and a chance to contribute to robust risk management frameworks in a regulated

Qualifications

• Master's degree in Finance, Economics, Statistics, Mathematics, or related quantitative field.
• Proven experience as a Risk Analyst or in a similar analytical role, preferably in insurance or financial services.
• Strong quantitative and statistical modeling skills; proficient with data analysis tools.

Responsibilities

• Develop and implement risk assessment frameworks to identify threats.
• Analyze financial data, market trends, and operations to quantify risk.
• Create risk models and perform scenario analysis to predict impact.
• Develop strategies to mitigate risks and enhance business continuity.
• Prepare reports for senior management on risk exposure and mitigation.
• Stay updated on regulatory changes and best practices in risk management.

Skills

Quantitative analysis

Statistical modeling

SQL

Python

R

Report writing

Presentation skills

Education

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

Tools

SQL

Python

R

Job description

About the Role

Our client is seeking a highly analytical and strategic Risk Analyst to join their risk management department in Pretoria. This role is critical for identifying, assessing, and mitigating potential financial and operational risks across the organization. You will utilize sophisticated modeling techniques and data analysis to provide insights that inform strategic decision-making and protect the company's assets. This is an exciting opportunity for a skilled professional to contribute to robust risk management frameworks and drive business resilience in a complex regulatory environment.

Key Responsibilities

• Develop and implement risk assessment frameworks and methodologies to identify potential threats.
• Analyze financial data, market trends, and operational processes to quantify risk exposure.
• Create risk models and conduct scenario analysis to predict potential impacts on the business.
• Develop strategies and recommendations for mitigating identified risks and enhancing business continuity.
• Prepare comprehensive reports and presentations for senior management on risk exposure and mitigation plans.
• Stay abreast of regulatory changes and industry best practices in risk management.

Requirements

• Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Proven experience as a Risk Analyst or in a similar analytical role, preferably in the insurance or financial services sector.
• Strong quantitative and statistical modeling skills.
• Proficiency in data analysis tools such as SQL, Python, R, or similar.
• Excellent report writing and presentation skills.

Benefits

• Attractive salary and performance-based bonus.
• Generous benefits package including health, pension, and life cover.
• Opportunities for professional development and advanced certifications (e.g., FRM, PRM).
• A hybrid work environment that balances office collaboration with remote flexibility.
• Dynamic and intellectually stimulating work environment.