Risk Management Consultant

Placements24; Mtubatuba Local Municipality; On-site; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Contractor rate

High-impact projects

Professional development

Richards Bay location

Job summary

Placements24 invites an experienced Risk Management Consultant to join a leading financial services group in Richards Bay, KwaZulu-Natal. You will identify, assess, and mitigate risks across operations, ensuring regulatory compliance and protecting assets.

Enhance enterprise-wide risk frameworks, analyze data, and advise senior management. This role requires strong quantitative skills, FRM/PRM credentials, and at least eight years in risk management.

Qualifications

• Master's degree in Finance, Economics, Business Administration, or related quantitative field.
• FRM or PRM certifications are highly advantageous.
• Minimum 8 years of progressive risk management experience.
• Experience in enterprise-wide risk management frameworks.
• Strong quantitative risk modeling and statistical analysis skills.

Responsibilities

• Conduct comprehensive risk assessments across processes and operations.
• Develop and monitor risk management policies and procedures.
• Design and implement risk mitigation strategies and contingency plans.
• Analyze financial and operational data to quantify risks and impacts.
• Advise senior management and business units on risk-related matters.
• Ensure regulatory compliance with Basel III, Solvency II where applicable.
• Prepare risk reports and presentations for stakeholders.
• Stay updated on emerging risk trends and best practices.

Skills

Risk modeling

Statistical analysis

Financial risk

Regulatory compliance

Stakeholder comms

Education

Master's degree in Finance

FRM/PRM certification

Job description

About the Role

Our client, a prominent financial services group, is seeking a seasoned Risk Management Consultant to join their esteemed team in Richards Bay, KwaZulu-Natal . This critical role involves identifying, assessing, and mitigating potential risks across various business operations. You will work closely with different departments to develop and implement robust risk management strategies, ensuring compliance with regulatory frameworks and safeguarding the company's assets and reputation. The ideal candidate will possess a strong analytical acumen, a comprehensive understanding of risk assessment methodologies, and excellent communication skills to effectively advise stakeholders at all levels. This is an exceptional opportunity to make a significant impact within a leading organization in the Richards Bay area.

Key Responsibilities

• Conduct comprehensive risk assessments to identify potential threats and vulnerabilities in business processes and operations.


• Develop, implement, and monitor risk management policies and procedures.


• Design and execute risk mitigation strategies, including the development of contingency plans.


• Analyze financial and operational data to quantify potential risks and their impact.


• Provide expert advice and guidance to senior management and various business units on risk-related matters.


• Ensure compliance with relevant industry regulations and legal requirements.


• Prepare detailed risk reports, presentations, and recommendations for stakeholders.


• Stay abreast of emerging risk trends and best practices in risk management.

Requirements

• A Master's degree in Finance, Economics, Business Administration, or a related quantitative field. Professional certifications such as FRM or PRM are highly advantageous.


• A minimum of 8 years of progressive experience in risk management, preferably within the financial services or insurance sector.


• Proven experience in developing and implementing enterprise-wide risk management frameworks.


• Expertise in quantitative risk modeling, statistical analysis, and financial risk assessment techniques.


• Strong understanding of regulatory compliance requirements (e.g., Basel III, Solvency II if applicable).


• Excellent analytical, problem-solving, and decision-making skills.


• Exceptional communication, presentation, and interpersonal skills.


• Ability to work effectively in a team environment and manage multiple projects concurrently in Richards Bay, KwaZulu-Natal .

Benefits

• A competitive contractor rate of ZAR per annum .


• Opportunity to work on high-impact projects for a leading organization.


• Exposure to diverse business challenges and a dynamic work environment.


• Professional development opportunities and potential for long-term engagement.


• Work within the vibrant industrial hub of Richards Bay, KwaZulu-Natal .