Risk Officer - Operations

talentCru; Sandton; On-site; ZAR 700,000 - 950,000; Full time

Job summary

talentCru is seeking a Risk Officer - Operations to safeguard the organization by identifying and managing threats to business objectives in the banking and insurance sector. You will contribute to the risk management framework, engage with stakeholders, and drive controls, reporting and continuous improvement.

The role involves monitoring processes, updating risk indicators, supporting policy development, and assisting in internal audit activities to ensure robust risk governance across

Responsibilities

• Ongoing management and improvement of the risk management framework for the organization.
• Overseeing and engaging with internal stakeholders, making recommendations, and implementing appropriate risk control actions.
• Monitoring, evaluating, challenging, reviewing, and reporting on the organization’s success in managing its risks.
• Assisting in identifying and updating major risks affecting the operational function and guiding the Business units in identifying their key risk indicators.
• Monitoring internal controls to ensure their adequacy and effectiveness and assisting in the identification of appropriate enhancements to address identified weaknesses.
• Providing effective administrative support to the risk management function.
• Supporting the Head of Risk Management in the development and updating of risk management policies and procedures.
• Conducting research when required.
• Compiling and submitting all required and ad hoc reports timely and accurately.
• Assisting in the maintenance of a culture that emphasizes the importance of effective Risk Management to all staff.
• Monitoring and controlling the internal assessment process to ensure compliance with policy and procedures.
• Assisting in the coaching of employees in the use of relevant operational risk management tools.
• Conducting risk assessments of the operational functions on an ongoing basis.
• Conducting risk management training for internal stakeholders.
• Involvement in the digitization of the risk tools (e.g., Power BI, Exclaim).
• Involvement in process risk management to oversee the frequency of process reviews and accessibility of process documents.
• Promoting risk awareness to prepare the organization for emerging risks.
• Executing specific deep dives or investigations to better understand the risks, problems, or incidents in the organization.
• Assessing opportunities for continuous process innovation to prevent deviation trends, control gaps, or to bring process efficiencies.
• Providing risk support to project teams in assessing their processes, procedures, and identifying risks and controls associated.
• Performing risk monitoring for new services implementation and operationalization processes.
• Contributing to potential reviews for inclusion in the annual audit plan.
• Facilitating and completing assigned internal audit function reviews.
• Coordinating management responses across the organization for assigned reviews.
• Building ongoing relationships with internal and external stakeholders to ensure excellent business delivery.
• Delivering effective and consistent service to stakeholders.
• Participating and contributing to a culture that builds rewarding relationships and provides exceptional client service.

Job description

Risk Officer - Operations

We're excited to offer a Risk Officer - Operations position for our client in the banking and insurance industry. In this role, you'll play a vital role in safeguarding the organization by identifying and managing any threats to the achievement of our client’s business objectives.

Key Responsibilities

1. Ongoing management and improvement of the risk management framework for the organization.
2. Overseeing and engaging with internal stakeholders, making recommendations, and implementing appropriate risk control actions.
3. Monitoring, evaluating, challenging, reviewing, and reporting on the organization’s success in managing its risks.
4. Assisting in identifying and updating major risks affecting the operational function and guiding the Business units in identifying their key risk indicators.
5. Monitoring internal controls to ensure their adequacy and effectiveness and assisting in the identification of appropriate enhancements to address identified weaknesses.
6. Providing effective administrative support to the risk management function.
7. Supporting the Head of Risk Management in the development and updating of risk management policies and procedures.
8. Conducting research when required.
9. Compiling and submitting all required and ad hoc reports timely and accurately.
10. Assisting in the maintenance of a culture that emphasizes the importance of effective Risk Management to all staff.
11. Monitoring and controlling the internal assessment process to ensure compliance with policy and procedures.
12. Assisting in the coaching of employees in the use of relevant operational risk management tools.
13. Conducting risk assessments of the operational functions on an ongoing basis.
14. Conducting risk management training for internal stakeholders.
15. Involvement in the digitization of the risk tools (e.g., Power BI, Exclaim).
16. Involvement in process risk management to oversee the frequency of process reviews and accessibility of process documents.
17. Promoting risk awareness to prepare the organization for emerging risks.
18. Executing specific deep dives or investigations to better understand the risks, problems, or incidents in the organization.
19. Assessing opportunities for continuous process innovation to prevent deviation trends, control gaps, or to bring process efficiencies.
20. Providing risk support to project teams in assessing their processes, procedures, and identifying risks and controls associated.
21. Performing risk monitoring for new services implementation and operationalization processes.
22. Contributing to potential reviews for inclusion in the annual audit plan.
23. Facilitating and completing assigned internal audit function reviews.
24. Coordinating management responses across the organization for assigned reviews.
25. Building ongoing relationships with internal and external stakeholders to ensure excellent business delivery.
26. Delivering effective and consistent service to stakeholders.
27. Participating and contributing to a culture that builds rewarding relationships and provides exceptional client service.

Profile

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