Risk Management Specialist - Financial Institutions

Placements24; Gauteng; Remote; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Remote work flexibility

Competitive salary and benefits

Job summary

Placements24 seeks a Risk Management Specialist to join a leading financial services group in Pretoria, Gauteng. The role focuses on identifying, assessing and mitigating financial risks, with remote work flexibility and a strong emphasis on risk-aware culture.

You will develop ERM frameworks, monitor key risks, and report to senior management and regulators, while collaborating with internal audit and other assurance functions. A seasoned candidate with regulatory knowledge is preferred.

Qualifications

• Bachelor's or Master's degree in finance, economics, statistics, business administration or related field.
• Minimum 5 years in risk management, preferably in financial services.
• Experience in developing and implementing ERM frameworks (Basel III, Solvency II).
• Proficiency with risk management software and tools.
• Strong analytical, quantitative and problem-solving abilities.
• Excellent written and verbal communication; ability to present complex data clearly.
• Professional certifications such as PRM, FRM or CFA are advantageous.

Responsibilities

• Develop and implement enterprise risk management (ERM) frameworks and strategies.
• Identify, assess, and monitor key risks across the organization (credit, market, operational, liquidity, compliance).
• Design and execute risk mitigation plans and controls.
• Conduct risk assessments and stress testing exercises.
• Prepare detailed risk reports for senior management, board and regulators.
• Ensure compliance with relevant financial regulations and industry standards.
• Develop and deliver risk management training programs for employees at all levels.
• Collaborate with internal audit to ensure effectiveness of risk controls.
• Maintain risk registers and incident management systems.

Skills

Analytical skills

Problem solving

Written and verbal communication

Independent work

Time management

Education

Bachelor's or Master's degree in Finance, Economics, Statistics, Business Admin

Tools

Risk management software

Job description

About the Role

Our client, a prestigious financial services group, is actively seeking a dedicated Risk Management Specialist to join their expanding team in Pretoria, Gauteng . This role is instrumental in identifying, assessing, and mitigating a wide range of risks that could impact the organization's financial stability and strategic objectives. The specialist will be responsible for developing and implementing robust risk management frameworks, policies, and procedures across the group, with a particular focus on financial institutions. This position offers the unique opportunity to work remotely, providing flexibility while maintaining critical oversight of risk exposures. You will collaborate with senior management and various departments to foster a strong risk-aware culture throughout the organization. The company values innovation and proactive risk management, making this a challenging and rewarding role.

Key Responsibilities

Develop and implement comprehensive enterprise risk management (ERM) frameworks and strategies. Identify, assess, and monitor key risks across the organization, including credit, market, operational, liquidity, and compliance risks. Design and execute risk mitigation plans and controls. Conduct regular risk assessments and stress testing exercises. Prepare detailed risk reports for senior management, the board of directors, and regulatory bodies. Ensure compliance with relevant financial regulations and industry standards. Develop and deliver risk management training programs to employees at all levels. Collaborate with internal audit and other assurance functions to ensure the effectiveness of risk controls. Stay abreast of emerging risks and best practices in risk management. Manage and maintain risk registers and incident management systems.

Requirements

• A Bachelor's or Master's degree in Finance, Economics, Statistics, Business Administration, or a related field.
• Minimum of 5 years of experience in risk management, preferably within the financial services or insurance industry.
• Proven experience in developing and implementing ERM frameworks.
• Strong understanding of financial markets, instruments, and regulatory requirements (e.g., Basel III, Solvency II).
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in risk management software and tools.
• Exceptional written and verbal communication skills, with the ability to present complex information effectively.
• The ability to work independently and manage multiple priorities in a fully remote setting.
• Professional certifications such as PRM, FRM, or CFA are highly advantageous.

Benefits

This role comes with a highly competitive salary and an excellent benefits package, including comprehensive health insurance, a retirement annuity, and performance-related bonuses. Our client is committed to professional growth and offers extensive training opportunities, support for professional certifications, and clear career progression paths. The fully remote nature of this position provides significant flexibility and autonomy. Join a forward-thinking organization that prioritizes employee well-being and recognizes talent.