Risk Management Officer

Placements24; Klerksdorp; On-site; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Retirement fund contributions

Professional development

Paid public holidays

Job summary

Placements24 is seeking a diligent Risk Management Officer for our client in Klerksdorp, North West. The role focuses on identifying, assessing, and mitigating risks across operational, financial, and strategic areas to safeguard the company's resilience.

You will develop risk frameworks, perform regular assessments, and ensure regulatory compliance while translating complex risk scenarios into actionable plans for management and staff.

Qualifications

• Bachelor's degree in Finance, Risk Management, Business Administration or related discipline.
• Minimum of 4 years of experience in risk management, preferably in insurance or financial services.
• Solid understanding of risk assessment methodologies, control frameworks and regulatory requirements.

Responsibilities

• Identify, assess and prioritize risks across all functions.
• Develop and maintain a risk management framework and policies.
• Conduct risk assessments, audits and reviews to identify gaps.
• Design and implement risk mitigation strategies and action plans.
• Monitor effectiveness of risk controls and suggest improvements.
• Prepare risk reports with findings and recommendations for management.
• Ensure compliance with industry regulations and internal standards.
• Deliver risk management training to staff.
• Investigate risk incidents and perform root cause analysis.
• Maintain risk registers and ensure data accuracy.

Skills

Risk assessment

Analytical thinking

Report writing

Stakeholder communication

Education

Bachelor's degree in Finance, Risk Management, Business Administration

Job description

About the Role

Our client, a reputable insurance organization, is seeking a diligent and analytical Risk Management Officer to join their team in **Klerksdorp, North West**. This vital role focuses on identifying, assessing, and mitigating potential risks that could impact the company's operations, financial stability, and reputation. The Risk Management Officer will develop and implement risk management strategies, conduct regular risk assessments, and ensure compliance with relevant regulations. We are looking for an individual with a strong understanding of risk principles, excellent analytical skills, and the ability to translate complex risk scenarios into actionable plans. This position is based in **Klerksdorp, North West**, and offers a chance to contribute significantly to the company's resilience and strategic objectives.

Key Responsibilities

• Identify, assess, and prioritize potential risks across all business functions, including operational, financial, and strategic risks.


• Develop, implement, and maintain a comprehensive risk management framework and policies.


• Conduct regular risk assessments, audits, and reviews to identify vulnerabilities and control gaps.


• Design and implement risk mitigation strategies and action plans.


• Monitor the effectiveness of risk controls and recommend improvements.


• Prepare detailed risk reports for management and relevant stakeholders, outlining findings and recommendations.


• Ensure compliance with industry regulations and internal risk management standards.


• Develop and deliver risk management training programs to staff.


• Investigate and report on risk incidents, including root cause analysis.


• Maintain risk registers and databases, ensuring accuracy and completeness of information.

Requirements

• A Bachelor's degree in Finance, Risk Management, Business Administration, or a related discipline.


• Minimum of 4 years of experience in risk management, preferably within the insurance or financial services industry.


• Solid understanding of risk assessment methodologies, control frameworks, and regulatory requirements.


• Excellent analytical, problem-solving, and critical thinking skills.


• Strong report writing and presentation skills.


• Proficiency in Microsoft Office Suite, particularly Excel for data analysis.


• Ability to work independently and collaboratively within a team in **Klerksdorp, North West**.


• High level of integrity and attention to detail.


• Certifications such as CRISC, CRM, or similar are advantageous.


• Effective communication and interpersonal skills.

Benefits

• Competitive salary and potential performance bonuses.


• Comprehensive medical aid and retirement fund contributions.


• Opportunities for professional development and certifications.


• Generous annual leave and paid public holidays.


• A supportive team environment based in **Klerksdorp, North West**.


• Exposure to diverse risk management challenges.


• Modern office facilities and resources.