Risk Analyst

Placements24; Pretoria; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Performance-based bonus

Health and life benefits

FRM/PRM certification support

Hybrid work model

Professional development opportunities

Job summary

Placements24 is seeking a highly analytical Risk Analyst to join the risk management team in Pretoria. The role focuses on identifying, assessing, and mitigating financial and operational risks through advanced modeling and data analysis.

You will develop risk frameworks, quantify exposure, and prepare strategic recommendations for senior management. A hybrid work model and opportunities for FRM/PRM certifications are offered to support professional growth.

Qualifications

• Master's degree in a quantitative field is required.
• Proven experience in a risk/analytical role in financial services or insurance preferred.
• Strong quantitative and statistical modeling skills.
• Proficiency in SQL, Python or R for data analysis.
• Excellent report writing and presentation abilities.

Responsibilities

• Develop and implement risk assessment frameworks to identify threats.
• Analyze financial data, market trends, and processes to quantify risk.
• Create risk models and run scenario analyses to predict impacts.
• Advise on risk mitigation strategies and business continuity.
• Prepare reports for senior management on risk exposure and mitigation.
• Monitor regulatory changes and industry best practices in risk management.

Skills

Quantitative analysis

Statistical modeling

Data interpretation

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.