Senior Risk Analyst

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

Benefits offered by this job

Health benefits

Retirement benefits

Certifications support

Professional development

Collaborative environment

Job summary

Placements24 represents a leading financial institution in Randburg seeking a Senior Risk Analyst to identify, assess, and mitigate market, credit, operational and liquidity risks. The role focuses on building risk management frameworks and policies across banking and finance sectors.

You will analyze KRIs/KPIs, prepare detailed risk reports for senior management and regulators, and collaborate with stakeholders to strengthen risk controls.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or related quantitative field.
• Minimum of 5 years of experience in risk analysis, management, or related role in financial services or banking.
• Strong understanding of risk types (credit, market, operational, liquidity) and assessment methodologies.
• Proficiency in statistical analysis software and tools (R, Python, SQL) is a strong advantage.
• Excellent analytical, problem-solving, and communication skills.

Responsibilities

• Conduct comprehensive risk assessments across business units and financial products.
• Develop and implement risk management strategies, policies, and procedures.
• Monitor KRIs and KPIs, reporting on trends and potential issues.
• Collaborate with stakeholders to identify, quantify, and manage operational and financial risks.
• Prepare detailed risk reports for senior management and regulatory bodies.
• Stay updated on regulatory requirements and best practices in risk management.

Skills

Risk analysis

Quantitative methods

Statistical software

Communication

Problem solving

Education

Bachelor's degree in Finance, Economics, Mathematics, Statistics

Tools

R

Python

SQL

Job description

About the Role

Our client, a leading financial institution in Randburg , is seeking a highly analytical and experienced Senior Risk Analyst . This position is crucial for identifying, assessing, and mitigating various risks across the organization, including market, credit, operational, and liquidity risks. You will play a key role in developing and implementing risk management frameworks and policies within the banking and finance sector. This is an excellent opportunity for a seasoned risk professional to contribute to the stability and strategic growth of a respected financial entity.

Key Responsibilities

• Conduct comprehensive risk assessments and analyses across different business units and financial products.
• Develop and implement risk management strategies, policies, and procedures.
• Monitor key risk indicators (KRIs) and key performance indicators (KPIs), reporting on trends and potential issues.
• Collaborate with stakeholders to identify, quantify, and manage operational and financial risks.
• Prepare detailed risk reports for senior management and regulatory bodies.
• Stay updated on regulatory requirements and industry best practices in risk management.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
• Minimum of 5 years of experience in risk analysis, management, or a related role within the financial services or banking industry.
• Strong understanding of various risk types (credit, market, operational, liquidity) and relevant assessment methodologies.
• Proficiency in statistical analysis software and tools (e.g., R, Python, SQL) is a strong advantage.
• Excellent analytical, problem-solving, and communication skills.

Benefits

• Competitive salary and annual bonus potential.
• Comprehensive health and retirement benefits.
• Professional development opportunities and support for certifications.
• Exposure to diverse risk challenges and strategic initiatives.
• A collaborative and professional work environment.