Senior Risk Manager

Placements24; Upington; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Competitive salary

Performance-based bonus

Health insurance

Retirement benefits

Paid time off

Training & development

Hybrid work model

Job summary

Placements24 in Upington is seeking a Senior Risk Manager to lead the enterprise risk management program, identifying and mitigating risks across credit, market, operational, and compliance domains. The role blends remote work with on-site collaboration to support large-scale risk initiatives.

You will develop frameworks, monitor KRIs, and report to senior management, while mentoring the risk team and ensuring regulatory alignment.

Qualifications

• Master's degree required or equivalent in a quantitative or financial field
• Professional risk qualifications (FRM, PRM, CFA) are desirable
• Minimum 7 years of progressive risk management experience
• Experience in developing and implementing risk frameworks and policies
• Strong understanding of credit, market, operational, liquidity and compliance risks
• Excellent analytical, quantitative and problem-solving skills
• Proficiency with risk management tools and software
• Exceptional communication, presentation, and interpersonal skills
• Experience leading and mentoring a risk management team

Responsibilities

• Develop, implement, and maintain the enterprise risk management (ERM) framework for the organization.
• Identify, assess, and prioritize risks impacting business objectives.
• Design and implement risk mitigation strategies and control measures.
• Monitor and report KRIs and risk exposures to senior management.
• Ensure compliance with regulatory requirements and industry best practices.
• Conduct regular risk assessments and reviews of processes and operations.
• Lead and mentor the risk management team.
• Liaise with regulators, auditors and other stakeholders on risk matters.
• Promote a strong risk culture across the organization.

Skills

Risk management

Leadership

Analytical skills

Regulatory knowledge

Education

Master's degree in Finance, Economics, Mathematics, Business Administration, or related field

Job description

About the Role

Our client is seeking a seasoned Senior Risk Manager to join their financial services team in Upington. This hybrid role offers a flexible work environment, combining remote work with necessary on-site collaboration. You will be responsible for identifying, assessing, and mitigating various risks across the organization, including credit risk, market risk, operational risk, and compliance risk. The Senior Risk Manager will develop and implement robust risk management frameworks, policies, and procedures to protect the company's assets and ensure regulatory compliance. The ideal candidate will possess strong analytical skills, a deep understanding of risk principles, and leadership capabilities.

Key Responsibilities

• Develop, implement, and maintain the organization's enterprise risk management (ERM) framework.
• Identify, assess, and prioritize potential risks and their impact on business objectives.
• Design and implement risk mitigation strategies and control measures.
• Monitor and report on key risk indicators (KRIs) and risk exposures to senior management.
• Ensure compliance with relevant regulatory requirements and industry best practices.
• Conduct regular risk assessments and reviews of business processes and operations.
• Lead and mentor the risk management team.
• Liaise with internal and external stakeholders, including regulators and auditors, on risk-related matters.
• Promote a strong risk culture throughout the organization.

Requirements

• Master's degree in Finance, Economics, Mathematics, Business Administration, or a related field.
• Professional qualifications such as FRM, PRM, or CFA are highly desirable.
• Minimum of 7 years of progressive experience in risk management, preferably within the financial services sector.
• Proven expertise in developing and implementing risk management frameworks and policies.
• Strong understanding of various risk types (credit, market, operational, liquidity, compliance).
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in risk management tools and software.
• Exceptional communication, presentation, and interpersonal skills.
• Demonstrated leadership abilities and experience managing a team.
• Ability to work effectively in a hybrid work model.

Benefits

• Competitive salary and a comprehensive performance-based bonus structure.
• Extensive health, retirement, and other employee benefits.
• Generous paid time off and holiday schedule.
• Opportunities for advanced professional development and training.
• Exposure to significant strategic initiatives and risk challenges.
• A dynamic and collaborative work environment.