Senior Risk Manager - Operational & Strategic Risks

Placements24; Randburg; On-site; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Competitive salary

Medical aid

Provident fund

Professional development support

Wellness programs

Modern Randburg offices

Job summary

Placements24 in Randburg, Gauteng, is seeking a highly experienced Senior Risk Manager to lead and enhance its risk management framework. The role focuses on identifying, assessing, monitoring, and mitigating operational and strategic risks across the organization.

The ideal candidate will drive risk policies, foster a risk-aware culture, and report to senior management and the board. A strong track record in risk governance and leadership is essential for shaping the firm’s risk strategy.

Qualifications

• Bachelor’s degree in Finance, Risk Management, or a related field.
• Minimum 7 years’ experience in risk management, with focus on operational/strategic risks in financial services.
• Deep knowledge of risk management methodologies (e.g., COSO ERM) and risk controls.
• Proven track record developing enterprise‑wide risk management frameworks.
• Strong analytical, problem-solving, and leadership skills.
• Excellent communication and stakeholder management abilities.
• Professional CRM/PRM/FRM certifications are desirable.
• Knowledge of SA regulatory landscape for financial services.

Responsibilities

• Develop, implement, and enhance the organization’s operational and strategic risk management framework.
• Identify potential risks using risk workshops, scenario analysis, and data analysis.
• Assess likelihood and impact of identified risks and design mitigation strategies.
• Design and oversee risk controls and monitoring mechanisms.
• Conduct root cause analysis of risk events and recommend corrective actions.
• Prepare regular risk reports for senior management, the board, and committees.
• Promote a strong risk culture through training and communication.
• Ensure compliance with regulatory requirements and industry best practices.
• Manage and mentor a team of risk professionals.

Job description

About the Role

Our client, a prominent financial services institution based in Randburg, Gauteng , is actively seeking a highly experienced Senior Risk Manager to lead and enhance its operational and strategic risk management framework. This vital role involves identifying, assessing, monitoring, and mitigating a wide spectrum of risks that could impact the company's objectives and reputation. You will be responsible for developing and implementing robust risk policies, procedures, and controls, fostering a strong risk-aware culture throughout the organization, and reporting on the risk landscape to senior management and the board. The ideal candidate will possess a comprehensive understanding of risk management principles, a strong analytical aptitude, and excellent leadership qualities. This is an exceptional opportunity to shape the risk strategy of a leading firm in Gauteng .

Key Responsibilities

• Develop, implement, and maintain the organization's operational and strategic risk management framework.
• Identify potential risks through various assessment techniques, including risk workshops, scenario analysis, and data analysis.
• Assess the likelihood and impact of identified risks and develop appropriate mitigation strategies.
• Design and oversee the implementation of risk controls and monitoring mechanisms.
• Conduct root cause analysis of risk events and incidents, recommending corrective actions.
• Prepare regular risk reports for senior management, the board, and relevant committees.
• Promote a strong risk management culture across all levels of the organization through training and communication.
• Ensure compliance with relevant regulatory requirements and industry best practices.
• Manage and mentor a team of risk professionals.

Requirements

• A relevant tertiary qualification in Finance, Risk Management, Business, or a related discipline.
• Minimum of 7 years of experience in risk management, with a significant focus on operational and strategic risks within the financial services or insurance sector.
• In-depth knowledge of risk management methodologies (e.g., COSO ERM), tools, and techniques.
• Proven experience in developing and implementing enterprise-wide risk management frameworks.
• Strong analytical, problem-solving, and critical thinking skills.
• Excellent communication, presentation, and stakeholder management abilities.
• Experience in managing and developing a team.
• Professional certifications such as CRM, PRM, or FRM are highly desirable.
• Familiarity with regulatory landscapes pertinent to financial services in South Africa.

Benefits

• Our client offers a highly competitive salary and bonus structure, comprehensive medical aid coverage, and a substantial contribution to a provident fund.
• Opportunities for continuous professional development, including advanced risk management certifications and leadership training, are actively supported.
• This role is based in our modern offices in Randburg , fostering a collaborative and dynamic work environment.
• We are committed to employee well-being and offer various wellness programs.
• Be a key player in safeguarding the future of a leading financial institution in Gauteng .