Risk Manager

Capitec Bank; Stellenbosch; On-site; ZAR 900,000 - 1,200,000; Full time

Job summary

A leading financial institution in Stellenbosch is seeking an experienced Risk Manager. Key responsibilities include developing risk management programs and ensuring effective risk mitigation strategies. The ideal candidate will have over 8 years of experience in risk management, particularly within the payments sector. A relevant post-graduate qualification is required along with strong analytical and decision-making skills.

Qualifications

• 8+ years of experience within Risk Management in a large organizational unit, preferably in a financial institution.
• Strong understanding of Risk Control, Governance, and Risk Management principles.
• Experience specifically within payments or payment system operator is ideal.

Responsibilities

• Develop and coordinate risk management programs and frameworks.
• Identify, analyze, and measure risks, making accurate mitigation recommendations.

Skills

Analytical Skills

Commercial Thinking Skills

Decision making skills

Interpersonal & Relationship management Skills

Leadership Skills

Problem solving skills

Education

Relevant post-graduate qualification in Risk and Compliance or Law

Job description

Overview

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We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

1. To see what life at Capitec is all about and complete a short assessment, please click here!
2. Once you have completed the above finalize your application by clicking apply below

Purpose Statement

To develop and coordinate risk management programs and frameworks, providing subject matter expertise to ensure high-quality risk management outcomes. To identify, analyse, and measure risks, making accurate risk mitigation recommendations to protect the organisation against potential losses.

Experience

Experience Minimum

• 8yrs+ experience within Risk Management in a large organizational unit preferably in a financial institution or bank

Knowledge Minimum

• Risk Control and Knowledge
• Understanding of key business processes and functions and an understanding of key risks in these areas
• Principles for sound management of risk
• Risk and Control Self-Assessments
• Governance and Risk Management principles
• Internal risk metrics and approaches
• Report writing

Risk Manager Payments

Experience Ideal:

• 8yrs+ experience within Risk Management in a large organizational unit preferably in a financial institution or bank specifically within payments or payment system operator

• Knowledge Ideal:
• Legislation and regulation and the implications thereof on the payment industry
• Understand Interbank clearing environment
• Payment clearing rules, directives, principles and recons
• Financial payment processes and systems and the interface thereof
• Risks associated with product life cycle of payments (Merchant, Acquiring, Issuer)

Qualifications

Qualifications (Minimum)

• A relevant post-graduate qualification in Risk and Compliance or Law

Qualifications (Ideal or Preferred)

Skills

• Analytical Skills
• Commercial Thinking Skills
• Decision making skills
• Interpersonal & Relationship management Skills
• Leadership Skills
• Problem solving skills

Conditions of Employment

• Clear criminal and credit record

Capitec is committed to diversity and, where feasible, all appointments will support the achievement of our employment equity goals.