Risk Manager

Placements24; Gqeberha; On-site; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Competitive salary + incentives

Medical & retirement benefits

Professional development & certificate

Supportive Port Elizabeth environment

Company-wide risk initiatives

Job summary

Placements24 in Port Elizabeth is seeking an experienced Risk Manager to oversee financial and operational risks across the business. You will develop and implement an enterprise risk management framework and work with multiple departments to protect assets and reputation.

The role requires a strong background in risk assessment, Basel-style regulatory knowledge, and proven ability to design mitigation controls. You will report to senior leadership and drive continuous improvement.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• Minimum of 5 years of experience in risk management, internal audit, or compliance within the financial services industry.
• Strong knowledge of risk assessment methodologies, Basel regulatory requirements, and internal control frameworks.
• Excellent analytical, problem-solving, and report-writing skills.
• Proficiency in risk management software and tools is advantageous.
• Strong communication and interpersonal skills to engage with stakeholders at all levels.

Responsibilities

• Develop, implement, and maintain the enterprise risk management (ERM) framework.
• Identify, assess, and prioritize financial, operational, and strategic risks.
• Design and implement risk mitigation strategies and controls to minimize potential losses.
• Conduct regular risk assessments and audits to ensure compliance with policies and regulations.
• Prepare risk reports for senior management and the board of directors.
• Monitor the effectiveness of risk management strategies and make adjustments as needed.

Skills

Risk management

Internal audit

Compliance

Regulatory knowledge Basel

Analytical skills

Report writing

Stakeholder engagement

Education

Bachelor's degree in Finance, Accounting, Business Administration, or a related field

Tools

Risk management software

Job description

About the Role

Our client is seeking an experienced Risk Manager to oversee and manage financial and operational risks for their operations in Port Elizabeth . This role involves developing and implementing risk management frameworks, identifying potential risks, assessing their impact, and devising mitigation strategies. You will work across various departments to ensure adherence to policies and regulations, safeguarding the company's assets and reputation. This is a critical position requiring a strategic thinker with a strong understanding of risk assessment and mitigation techniques in the financial sector.

Key Responsibilities

• Develop, implement, and maintain the company's enterprise risk management (ERM) framework.
• Identify, assess, and prioritize potential financial, operational, and strategic risks.
• Design and implement risk mitigation strategies and controls to minimize potential losses.
• Conduct regular risk assessments and audits to ensure compliance with policies and regulations.
• Prepare risk reports for senior management and the board of directors.
• Monitor the effectiveness of risk management strategies and make adjustments as needed.

Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• Minimum of 5 years of experience in risk management, internal audit, or compliance within the financial services industry.
• Strong knowledge of risk assessment methodologies, regulatory requirements (e.g., Basel), and internal control frameworks.
• Excellent analytical, problem-solving, and report-writing skills.
• Proficiency in risk management software and tools is advantageous.
• Strong communication and interpersonal skills to engage with stakeholders at all levels.

Benefits

• Competitive salary package with performance incentives.
• Comprehensive medical and retirement benefits.
• Opportunities for professional development and certifications in risk management.
• Supportive work environment in Port Elizabeth with a focus on professional growth.
• Involvement in critical company-wide risk management initiatives.