Senior Risk Manager – Hybrid, Lead Risk & Strategy

Placements24; Richards Bay; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Competitive salary package

Performance-based incentives

Comprehensive medical aid and pension/

Hybrid work arrangement

Professional development and training

Leadership opportunities

Stability and growth

Job summary

Placements24 is assisting a major Banking & Finance leader in Richards Bay, KwaZulu-Natal, to hire a Senior Risk Manager. The role focuses on identifying, assessing, and mitigating financial and operational risks while operating in a hybrid in-office/remote model.

The ideal candidate has a Master’s degree in Finance/Economics/Mathematics, 7+ years in risk management, and desirable FRM/PRM credentials to guide a team and ensure regulatory compliance.

Qualifications

• Master's degree in Finance, Economics, Mathematics, or a related quantitative discipline.
• 7+ years of experience in risk management, preferably in financial services.
• Experience in developing and implementing enterprise-wide risk management frameworks.
• In-depth knowledge of financial markets, instruments, and regulations.
• Strong analytical, problem-solving, and quantitative skills.
• Experience with risk modeling techniques and software.
• Excellent leadership, communication, and interpersonal skills.
• Ability to work effectively in a hybrid work environment.
• FRM or PRM credentials are desirable.
• Must be authorized to work in South Africa.

Responsibilities

• Develop, implement, and manage risk management strategies and frameworks.
• Identify, assess, and prioritize risks across operational, financial, and compliance domains.
• Design and oversee risk mitigation plans and controls.
• Conduct regular risk assessments and audits, reporting findings to senior management.
• Monitor KRIs and ensure regulatory compliance.
• Develop and maintain risk management policies and procedures.
• Lead and mentor a team of risk analysts and professionals.
• Collaborate with departments to embed a risk-aware culture.
• Stay updated on emerging risks and industry best practices.

Skills

Risk management

Leadership

Regulatory knowledge

Analytical thinking

Communication

Education

Master's degree in Finance/Economics/Mathematics

Tools

Risk modeling software

Job description

Placements24 is assisting a major Banking & Finance leader in Richards Bay, KwaZulu-Natal, to hire a Senior Risk Manager. The role focuses on identifying, assessing, and mitigating financial and operational risks while operating in a hybrid in-office/remote model.

The ideal candidate has a Master’s degree in Finance/Economics/Mathematics, 7+ years in risk management, and desirable FRM/PRM credentials to guide a team and ensure regulatory compliance.