Senior Risk Manager

Placements24; Rustenburg; Hybrid; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Health insurance

Life insurance

Disability insurance

Pension plan

Professional certifications

Hybrid work model

Bonus structure

Career growth

Top location

Job summary

Placements24 is seeking an experienced Senior Risk Manager to lead the risk function in Rustenburg, North West. You will design and implement enterprise-wide risk frameworks, oversee risk assessments, and drive a risk-aware culture across the organization.

The role requires 7+ years in risk management within financial services, deep Basel III knowledge, and strong leadership. You will collaborate with senior management, embed robust controls, and mentor a growing risk team in a hybrid work

Qualifications

• Master's degree in Finance, Risk Management, Economics or related field.
• 7+ years of risk management experience in financial services or banking.
• Strong knowledge of Basel III and regulatory frameworks.
• Proven ability to lead risk portfolios and teams.

Responsibilities

• Develop and maintain enterprise-wide risk management frameworks and policies.
• Identify, assess, and prioritize financial, operational and strategic risks.
• Design and execute risk mitigation strategies and action plans.
• Monitor the effectiveness of risk controls and report to senior management and the board.
• Ensure compliance with regulatory requirements and industry best practices.
• Conduct risk assessments for new products and initiatives.
• Lead and develop a team of risk professionals.
• Foster a strong risk management culture across the organization.
• Investigate and report on significant risk events and incidents.
• Advise on risk appetite and tolerance levels for the organization.

Skills

Leadership

Communication

Analytical thinking

Stakeholder management

Risk assessment

Risk management software

Education

Master's degree in Finance / Risk Management / Economics

Tools

Risk management software

Job description

About the Role

Our client, a reputable financial services provider, is seeking an experienced and strategic Senior Risk Manager to bolster their risk management division in Rustenburg, North West . This pivotal role involves overseeing the identification, assessment, and mitigation of financial and operational risks across the organization. The incumbent will be responsible for developing and implementing robust risk management frameworks, policies, and procedures to safeguard the company's assets and reputation. This position demands a sophisticated understanding of risk principles, regulatory requirements, and market dynamics within the Banking & Finance sector. You will collaborate closely with senior leadership and various departments to embed a strong risk-aware culture throughout the company. The role is situated in the active business hub of Rustenburg , offering a challenging yet rewarding career path for dedicated professionals. We are looking for a proactive leader with a proven ability to manage complex risk portfolios and drive best practices in risk management.

Key Responsibilities

• Develop, implement, and maintain enterprise-wide risk management frameworks and policies.
• Identify, assess, and prioritize potential risks (financial, operational, strategic, compliance).
• Design and execute risk mitigation strategies and action plans.
• Monitor the effectiveness of risk controls and provide regular reports to senior management and the board.
• Ensure compliance with all relevant regulatory requirements and industry best practices.
• Conduct risk assessments for new products, services, and business initiatives.
• Manage and develop a team of risk professionals.
• Foster a strong risk management culture throughout the organization.
• Investigate and report on significant risk events and incidents.
• Advise on risk appetite and tolerance levels for the organization.

Requirements

• Master's degree in Finance, Risk Management, Economics, or a related field.
• At least 7 years of experience in risk management, preferably within the financial services or banking industry.
• Deep understanding of risk management principles, methodologies, and regulatory frameworks (e.g., Basel III).
• Proven experience in developing and implementing risk management strategies and frameworks.
• Strong analytical and problem-solving skills, with the ability to interpret complex data.
• Excellent leadership and team management capabilities.
• Exceptional communication, presentation, and stakeholder management skills.
• Proficiency in risk management software and tools.
• Relevant professional certifications (e.g., PRM, FRM, CFA) are highly desirable.
• Ability to work effectively in a hybrid work environment and travel occasionally within Rustenburg and surrounding areas.

Benefits

• Attractive salary and performance-related bonus structure.
• Comprehensive health, life, and disability insurance.
• Pension fund with employer contributions.
• Opportunities for advanced training and professional certifications.
• Significant exposure to strategic decision-making processes.
• Collaborative work environment focused on professional growth.
• Flexible working arrangements within a hybrid model.
• Access to cutting-edge risk management technologies.
• Prime location in Rustenburg with excellent amenities.