Risk Management Officer

Placements24; Polokwane; Hybrid; ZAR 550,000 - 900,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Paid time off

Professional development

Job summary

Polokwane-based financial institution seeks a proactive Risk Management Officer to identify, assess and mitigate financial and operational risks. You will develop risk frameworks, policies and procedures to ensure compliance and safeguard assets.

The role offers fully remote work, enabling contributions from anywhere while collaborating with cross-functional teams to strengthen risk controls and regulatory alignment.

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Master's degree or FRM/PRM certification is highly advantageous.
• 4–6 years of risk management or related experience in financial services.
• Strong understanding of credit, market, operational, and liquidity risk.

Responsibilities

• Develop, implement, and maintain risk management policies and procedures.
• Conduct regular risk assessments across business functions.
• Quantify and prioritize risks via analysis of financial data and trends.
• Design risk mitigation strategies and action plans.
• Monitor effectiveness of risk controls and suggest improvements.
• Ensure regulatory compliance and reporting to senior management.

Skills

Analytical thinking

Risk assessment

Independent work

Remote collaboration

Communication skills

Education

Bachelor's degree in Finance, Economics, or related field

Master's degree or professional certification (FRM/PRM)

Tools

Excel

GRC software

Job description

About the Role

Our client, a prominent financial institution, is seeking a dedicated and proactive Risk Management Officer to join their expanding operations in Polokwane . This crucial role involves identifying, assessing, and mitigating various financial and operational risks across the organization. The successful candidate will be responsible for developing and implementing risk management frameworks, policies, and procedures to ensure compliance and safeguard the company's assets. This position operates on a fully remote basis, offering unparalleled flexibility for professionals seeking to contribute their expertise from anywhere. We are looking for an individual with a strong analytical mindset and a deep understanding of risk principles within the Limpopo region's financial sector. This role is designed for a self-motivated individual who can thrive in an independent work environment while collaborating effectively with remote teams and stakeholders. Our client values integrity, diligence, and a forward-thinking approach to risk management.

Key Responsibilities

• Develop, implement, and maintain comprehensive risk management policies and procedures.
• Conduct regular risk assessments to identify potential threats and vulnerabilities across all business functions.
• Analyze financial data, market trends, and operational processes to quantify and prioritize risks.
• Design and execute risk mitigation strategies and action plans.
• Monitor the effectiveness of risk controls and recommend improvements.
• Ensure compliance with relevant regulatory requirements and industry best practices.
• Prepare detailed risk reports for senior management and regulatory bodies.
• Facilitate risk management training and awareness programs for employees.
• Investigate and report on incidents, developing corrective actions to prevent recurrence.
• Stay informed about emerging risks and industry trends to proactively adapt strategies.

Requirements

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• A Master's degree or professional certification (e.g., FRM, PRM) is highly advantageous.
• Minimum of 4-6 years of experience in risk management, compliance, internal audit, or a related function within the financial services industry.
• Solid understanding of various risk types, including credit risk, market risk, operational risk, and liquidity risk.
• Proficiency in risk assessment methodologies and tools.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong knowledge of relevant financial regulations and compliance requirements.
• Exceptional written and verbal communication skills, with the ability to present complex information clearly.
• Demonstrated ability to work independently and manage time effectively in a remote work setting.
• Proficiency in Microsoft Office Suite, particularly Excel for data analysis.
• Experience with GRC software is a plus.

Benefits

• Our client offers a competitive salary package, commensurate with experience and qualifications.
• As a fully remote position, employees enjoy the flexibility and convenience of working from home, with all necessary support provided.
• The company provides a comprehensive health insurance plan, retirement savings contributions, and ample paid time off.
• Opportunities for continuous learning and professional development are available, including access to online courses and relevant industry conferences.
• Our client fosters a supportive and collaborative remote work culture, encouraging professional growth and career advancement.
• Employees can expect a dynamic work environment focused on innovation and excellence in risk management practices.