Operational Enterprise Risk Manager

Location:	Johannesburg, Rosebank, Houghton
Education level:	Degree
Job level:	Senior
Type:	Permanent

Location: Rosebank, Johannesburg

Salary: R1.2m per annum

About the role: Assist the head of enterprise risk in facilitating the implementation of the enterprise risk management framework, processes and practices and liaise with both compliance and internal audit resources to entrench a combined assurance approach.

Requirements:

• Relevant tertiary qualification in finance, accounting, economics, risk or treasury.
• Five + years’ experience in risk management within banking or financial services.
• Experienced in managing and overseeing finance risks.
• Treasury risk management advantageous.
• Extensive experience in risk governance with solid understanding of banking risk regulations.
• Experienced in identifying, monitoring and tracking loss data to enhance risk mitigation strategies.
• Ability to apply an agile approach to risk management, adapting to dynamic industry landscapes and evolving regulatory environments.

Responsibilities:

• Assist the head of enterprise risk in facilitating the implementation of the enterprise risk management framework, processes and practices and liaise with both compliance and internal audit resources to entrench a combined assurance approach.
• Ensure that risk and control self-assessments, control assurance, key risk indicators, internal loss data, issue management, the risk register and any other agreed operational risk metrics are adequately documented and maintained.
• Help evolve risk practices and the risk framework to ensure that it is fit for purpose and aligned to the business processes and structure.
• Responsible for ensuring that the risk practices, processes and culture are appropriate and adequate to prevent negligence and loss to the organisation.
• Review and challenge business owners on risk.
• Provide input to the development and implementation of relevant risk policies.
• Ensure that adequate reporting is in place for areas of responsibility.
• Ensure the completion and management of risks in the agreed internal operational risk tool.
• Participate, facilitate, and lead as required in risk reviews.
• Escalate any areas of concern and ensure remedial steps are identified and implemented.
• Perform root cause analysis and lessons learnt on risk events.
• Ensure compliance with risk training requirements.
• Manage supplier risks for the bank in line with regulatory requirements and internal risk framework.
• Ensure strict adherence to governance processes by business owners.
• Build and nurture relationships with executives, business owners, and relevant stakeholders.
• Conduct thorough supplier risk assessments for outsourcing activities.

Posted on 04 Mar 09:48, Closing date 2 May