Senior Risk Manager

Placements24; Randburg; Hybrid; ZAR 1,000,000 - 1,500,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Performance bonus

Career development

Hybrid work

Job summary

Placements24 in Randburg is seeking a Senior Risk Manager to lead the design and execution of enterprise risk management within a major financial institution.

The role covers identifying financial, operational and strategic risks, developing policies, mentoring a team of risk analysts, and ensuring regulatory compliance across the organization. Hybrid work with office presence in Randburg offered.

Qualifications

• Master's degree in Finance, Economics, Business Administration, or related field; professional certifications (e.g., PRM, FRM) are highly advantageous.
• 8+ years of experience in risk management, preferably within financial services or banking.
• In-depth knowledge of credit, market, operational, liquidity risks and related regulatory frameworks.

Responsibilities

• Develop, implement, and manage the enterprise-wide risk management framework.
• Conduct comprehensive risk assessments and identify threats and vulnerabilities.
• Design and oversee risk mitigation strategies and controls.
• Monitor and report on KRIs to senior management and the board.
• Ensure compliance with regulatory requirements and industry best practices.
• Lead and mentor a team of risk analysts and specialists.
• Promote a strong risk-aware culture throughout the organization.

Skills

Risk management

Leadership

Regulatory knowledge

Communication

Education

Master's degree in Finance or related field

PRM/FRM certifications advantageous

Job description

About the Role

Our client is seeking an accomplished and strategic Senior Risk Manager to join their esteemed financial institution in Randburg . This critical role involves identifying, assessing, and mitigating a wide range of risks, including financial, operational, and strategic risks, across the organization. You will develop and implement robust risk management frameworks, policies, and procedures to safeguard the company's assets and reputation. This position is perfect for a seasoned risk professional looking to make a significant impact within a leading financial services group in Gauteng .

Key Responsibilities

• Develop, implement, and manage the enterprise-wide risk management framework.
• Conduct comprehensive risk assessments and identify potential threats and vulnerabilities.
• Design and oversee the implementation of risk mitigation strategies and controls.
• Monitor and report on key risk indicators (KRIs) to senior management and the board.
• Ensure compliance with relevant regulatory requirements and industry best practices.
• Lead and mentor a team of risk analysts and specialists.
• Promote a strong risk-aware culture throughout the organization.

Requirements

• Master's degree in Finance, Economics, Business Administration, or a related field; professional certifications (e.g., PRM, FRM) are highly advantageous.
• Minimum of 8 years of experience in risk management, preferably within the financial services or banking sector.
• In-depth knowledge of various risk types (credit, market, operational, liquidity) and relevant regulatory frameworks.
• Proven experience in developing and implementing risk management strategies and policies.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership and communication abilities.

Benefits

• Executive-level salary with a substantial performance bonus.
• Comprehensive health, retirement, and insurance benefits.
• Significant opportunities for professional development and career progression.
• Hybrid work environment offering a balance of office and remote work flexibility in Randburg.
• A challenging and impactful role with exposure to strategic decision-making.