Risk Manager

Alexforbes; Johannesburg; On-site; ZAR 600,000 - 1,200,000; Full time

Job summary

A leading company in finance is seeking a Risk Manager to oversee the group's risk management efforts. The role involves developing risk strategies, ensuring compliance, and providing risk assessments to stakeholders. Candidates should have a Bachelor's Honours degree and extensive experience in risk management within financial services.

Qualifications

• Minimum 8 to 10+ years’ experience in risk management, audit, governance.
• Experience in risk management for financial services required.
• Strong experience in identification and mitigation of risks.

Responsibilities

• Oversee risk management plans and strategies across the organization.
• Support business units with risk identification, evaluation, and mitigation.
• Ensure compliance with risk management regulations and support regulatory inquiries.

Skills

Risk Management

Compliance

Stakeholder Engagement

Risk Assessment

Control Evaluation

Education

Bachelor Honours Degree in Internal Auditing, Risk Management or Finance

Job description

Designation: PP2250 - Risk Manager

Category: Finance Risk & Internal Audit - OF5306

Posted by: Alexander Forbes

Posted on: 04 Apr 2025

Closing date: 30 Jun 2025

Location: Johannesburg

Purpose Of The Job

The Group Risk Manager oversees risk management plans and strategies within the organization, working closely with the Group Head of ERM. The role includes supporting business units with risk identification, evaluation, and mitigation, ensuring the effective implementation of risk management processes.

Overview

Key Responsibilities:

• Overall Enterprise Risk Management Planning and Monitoring: Together with the Group Head of ERM, lead risk management efforts across the Group, while actively supporting certain key areas across the business - ensuring appropriate risk plans are implemented and monitored.
• Stakeholder Engagement: Support Risk Committee reporting efforts and management of the Risk Committee processes and packs.
• Risk Identification & Mitigation: Provide advisory and independent oversight to business to identify, assess, and mitigate risks that could impact business performance. Collaborate with key stakeholders to manage risk and control registers and ensure the business maintains an appropriate risk profile and stays within the approved risk appetite and limits.
• Risk Assurance: Formulate risk assessment and assurance strategies, including testing, monitoring, and reporting, in line with group objectives.
• Risk Reporting: Provide accurate risk assessments and reports to governance bodies and regulators.
• Control Plans & Assessments: Assist in developing internal control plans and conduct control evaluations where needed to ensure risks are managed effectively.
• Compliance & Regulatory Support: Ensure compliance with risk management regulations and support in responding to regulatory inquiries.
• Business Resilience: Work with the Group Head of ERM to develop business continuity and resilience strategies and plans.
• Risk Policies: Together with the Group Head of ERM, develop, update, and monitor risk policies and dashboards, ensuring ongoing compliance to key risk policies.
• ORSA & Stress Testing: Together with the Group Head of ERM, support the ORSA process, including scenario planning and risk reporting.
• Training & Awareness: Promote risk management awareness and practices across the business.
  
  

Requirements

• Bachelor Honours Degree: BSc / BCom Hons degree in Internal Auditing, Risk Management or Finance.
• Minimum of 8 to 10+ years’ experience in risk management, audit, governance and assurance environment.
• Experience in the risk management or internal audit environments for financial services is required.
• 5 -8 years of Specialist experience in the investment management or asset management industry.
• Specialist experience in the investment management or asset management industry.
• Experience in designing risk management policies and programmes, in identifying, measuring, implementing and monitoring, assessing and reporting in the risk management role and best practice risk management frameworks.
• Experience in assessing more complex risks, with a commercial outlook, and recommending mitigations
• Strong experience in the identification, quantification, evaluation and assessment of risks as well as facilitation of risk management workshops.
• Experience in designing risk management policies and programmes, in identifying, measuring, implementing and monitoring, assessing and reporting in the risk management role and best practice risk management frameworks
• Experience in assessing more complex risks, with a commercial outlook, and recommending mitigations