About the Role Our client, a leading financial services institution with a significant presence in the insurance sector, is seeking a Senior Risk Analyst for their operations in Sandton, Gauteng . This hybrid role involves identifying, assessing, and mitigating a wide range of risks, including market risk, credit risk, operational risk, and compliance risk. You will play a key role in developing and implementing risk management frameworks, policies, and procedures to protect the company's assets and reputation. The ideal candidate will possess strong analytical skills, a thorough understanding of risk principles, and the ability to work effectively with diverse teams. This position offers a challenging and rewarding career path within a dynamic financial environment in Sandton .
Key Responsibilities
- Identify, assess, and monitor various types of financial and operational risks.
- Develop and implement risk management strategies, policies, and procedures.
- Conduct regular risk assessments and stress testing to evaluate potential impacts.
- Analyze risk data and provide clear, concise reports to management and relevant committees.
- Ensure compliance with regulatory requirements and industry best practices.
- Collaborate with different departments to integrate risk management into business processes.
- Develop and maintain risk registers and mitigation plans.
- Assist in the investigation of risk incidents and the implementation of corrective actions.
- Stay updated on market developments and emerging risks relevant to the financial services industry.
- Contribute to the continuous improvement of the enterprise risk management framework.
Requirements
- A minimum of 5 years of experience in risk analysis or management within the financial services or insurance industry.
- Strong understanding of risk management principles, methodologies, and tools.
- Excellent analytical, quantitative, and problem-solving skills.
- Proficiency in data analysis and reporting, with experience using relevant software.
- Knowledge of regulatory frameworks relevant to the financial services sector.
- Strong communication and interpersonal skills, with the ability to influence stakeholders.
- Relevant professional qualifications (e.g., FRM, PRM) are highly desirable.
- Bachelor's degree in Finance, Economics, Mathematics, or a related field.
- Ability to work effectively in both remote and on-site settings in Sandton, Gauteng .
Benefits
- A competitive annual salary of R .
- Hybrid work arrangement providing flexibility.
- Comprehensive medical aid and retirement benefits.
- Opportunities for professional growth and development.
- A challenging and stimulating work environment.
- Exposure to various aspects of financial risk management.
- Key role in ensuring the stability and security of the organization.