Risk Assurance Manager

RMB - Rand Merchant Bank; Johannesburg; On-site; ZAR 400 000 - 500 000; Full time

Job summary

A leading financial institution in Johannesburg seeks an experienced risk assurance specialist to develop and implement comprehensive assurance plans. The ideal candidate will have a degree in Legal, Risk, or Audit and a minimum of 8 years in the banking sector. This role emphasizes collaboration with compliance and audit teams to ensure that risk assessments are thorough, and findings are addressed effectively. Embrace a culture of mastery and client-centric service in a challenging and innovative environment.

Benefits

Opportunities to network and collaborate

Challenging working environment

Opportunities to innovate

Qualifications

• Minimum 8 years of experience in the financial services or banking industry.
• Strong background in developing risk assurance plans.
• Experience in managing compliance and audit engagements.

Responsibilities

• Develop and facilitate risk assurance plans assessing key controls.
• Monitor and report on assurance engagements and quality assurance reviews.
• Ensure findings from reviews are tracked and resolved.

Skills

Risk management

Compliance analysis

Audit methodology

Team collaboration

Education

Degree in Legal, Risk, or Audit

Job description

Job Description

To deliver an annual assurance plan ensuring regulation, policies and procedures are being applied appropriately by completing deep dive, thematic and monitoring reviews right across the bank through a team off risk assurance specialists.

Responsibilities

• Development and facilitation of comprehensive, well-considered risk assurance plans that cover the assessment of key controls, large or complex projects, health checks triggered by external events or identified hotspots for control weaknesses across the Invest Pillar.
• Preparing, agreeing, implementing, and monitoring an assurance map in line with the requirements set out in the FirstRand combined assurance standard.
• Assurance planning is to be carried out in combination with other assurance providers, including compliance, operational and IT risk, MCoE, ERM, internal audit and external audit. Through continuous engagements with audit, ensure that the combined assurance model remains well-functioning and robust.
• To effectively execute combined assurance engagements during the financial period, it is important that the impacted areas for review are identified, and coverage areas are specifically allocated.
• Plan, perform and report on due diligence reviews.
• Plan, perform and report on continuous quality assurance reviews.
• Ensure that findings arising from these reviews and reviews from Group Internal audit and are tracked through to resolution.
• Develop and maintain a risk-based approach which will be used by the Quality Assurance team in performing reviews.
• Develop Process, Risks and Controls Matrices (PRCMs) and working papers that will be followed by the Quality Assurance team.
• Develop and maintain a quality assurance methodology which will govern how reviews are conducted.

Ideal Candidate

• Qualification: Degree in Legal, Risk or Audit
• Years of experience: Minimum 8 years
• Industry: Financial Services, preferably banking

Access to

• Opportunities to network and collaborate
• Challenging working
• Opportunities to innovate

We can be a match if you are

• Curious & courageous – you're driven by always wanting to know more and learn more and you're brave enough
• Obsessed with mastery – you know what it takes to become good at what you do and are constantly pushing yourself to do it
• Love putting our clients at the forefront of what you do

Are you interested to take the step? We look forward to engaging with you further. Apply now!

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
04/02/26

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.