Risk Management Specialist

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

Benefits offered by this job

Competitive remuneration

Medical insurance

Retirement savings plan

Professional growth opportunities

Stable working environment

Impact on risk culture

Job summary

Placements24 is recruiting a Risk Management Specialist for our client in Tembisa, South Africa. The role focuses on identifying, evaluating, and mitigating financial risks while ensuring compliance with regulatory frameworks and internal policies.

You will develop and implement risk management strategies, monitor risk exposure, and deliver training to staff across the Tembisa location. A strong analytical mindset and excellent communication are essential for success.

Qualifications

• Bachelor’s degree in Finance, Economics, Law, or related discipline.
• Minimum 4 years of experience in risk management, compliance, or audit within financial services.
• In-depth knowledge of risk management principles and regulatory requirements (e.g., Basel Accords).
• Strong analytical skills to interpret data and identify risk patterns.
• Excellent communication and interpersonal skills for stakeholder engagement.

Responsibilities

• Identify, assess, and monitor financial risks (credit, market, operational, liquidity).
• Develop, implement, and maintain risk management frameworks, policies, and procedures.
• Conduct regular risk assessments and audits to ensure regulatory compliance.
• Prepare detailed risk reports and present findings to senior management.
• Develop and deliver risk management training programs across the Tembisa location.
• Monitor industry trends and regulatory changes to adapt risk strategies.

Skills

Risk assessment

Regulatory knowledge

Analytics

Stakeholder engagement

Education

Bachelor’s degree in Finance/Economics/Law

Job description

About the Role

Our client is seeking an experienced Risk Management Specialist to bolster their compliance and risk assessment capabilities in Tembisa . This role is crucial for identifying, evaluating, and mitigating potential risks within the bank's operations, ensuring adherence to regulatory frameworks and internal policies. You will work proactively to develop and implement robust risk management strategies, safeguard assets, and maintain the integrity of the financial institution. The position requires a sharp eye for detail, a thorough understanding of financial risks, and the ability to collaborate effectively across different departments in the Tembisa branch.

Key Responsibilities

• Identify, assess, and monitor various types of financial risks, including credit, market, operational, and liquidity risks.
• Develop, implement, and maintain risk management frameworks, policies, and procedures.
• Conduct regular risk assessments and audits to ensure compliance with regulatory requirements and internal standards.
• Prepare detailed risk reports and present findings and recommendations to senior management.
• Develop and deliver risk management training programs to staff across the Tembisa location.
• Monitor industry trends and regulatory changes to proactively adapt risk strategies.

Requirements

• Bachelor's degree in Finance, Economics, Law, or a related discipline.
• A minimum of 4 years of experience in risk management, compliance, or audit within the financial services industry.
• In-depth knowledge of risk management principles, methodologies, and regulatory requirements (e.g., Basel Accords).
• Strong analytical skills with the ability to interpret complex data and identify risk patterns.
• Excellent communication and interpersonal skills for effective stakeholder engagement.

Benefits

• Competitive remuneration package with annual performance reviews.
• Comprehensive medical insurance and retirement savings plan.
• Opportunities for professional growth and industry certifications.
• A stable and secure working environment in Tembisa .
• Contribution to shaping the risk culture of a prominent financial institution.