Risk Manager

SET Recruitment Consultants; Cape Town; On-site; ZAR 1 200 000 - 1 500 000; Full time

Job summary

A global investment firm in Cape Town is seeking a Risk Manager to oversee risk management practices and support strategic investment decisions. This role requires a postgraduate degree in a relevant field and 5 - 10 years of experience in risk management. The ideal candidate will possess strong project management skills and relevant certifications. Competitive salary of R1.2m - R1.5m is offered, with a focus on compliance and risk frameworks.

Qualifications

• 5 - 10 years proven experience in risk or portfolio management, preferably in banking.
• Relevant professional risk certifications strongly preferred.
• Exposure to African banking markets and regulatory frameworks is preferred.

Responsibilities

• Support the Head of Risk in defining risk and control frameworks.
• Act as a trusted advisor on risk and compliance frameworks.
• Prepare risk-related opinions for management and board committees.
• Collaborate with investment managers to embed risk considerations.

Skills

Project management

Research skills

Risk management expertise

Compliance knowledge

Education

Postgraduate degree in Finance, Risk Management, Economics, or Quantitative field

Tools

Risk management certifications (PMI-RMP, FRM, PRMIA)

Job description

Risk Manager

R1.2m - R1,5m

Cape Town

Outstanding career opportunity with boutique global investor in the banking sector. Reporting to the Head of Risk you will be responsible for guiding and implementing best practices in risk management. This role combines technical expertise with strategic insight to strengthen risk oversight, support investment decisions, and build resilience in a dynamic regulatory and technological environment.

Key Responsibilities:

• Support the Head of Risk in defining and safeguarding risk and control frameworks including risk assessments and reporting.
• Act as a trusted advisor to investee firms on risk and compliance frameworks.
• Prepare risk related opinions and recommendations for management and board committees.
• Collaborate with investment managers to embed risk considerations into strategic decisions.
• Monitor and interpret regulatory developments impacting risk and technology adoption across jurisdictions.
• Deliver capacity building initiatives (workshops, webinars, training, etc).
• Conduct market research and engage industry networks to inform risk strategy.

Qualifications

• Postgraduate degree (minimum requirement) in Finance, Risk Management, Finance, Economics, or Quantitative field.
• 5 - 10 years’ proven experience in risk or portfolio management, preferably in banking, consulting, or a Big Four audit firm.
• Relevant professional risk certifications (e.g., PMI-RMP, FRM, PRMIA, or equivalent) strongly preferred.
• Strong project/process management and research skills.
• Exposure to African banking markets and regulatory frameworks is preferred, with willingness to learn and adapt.