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Risk Manager

Vacancy Details

Reference No.

LN-2

Synopsis

A leading corporate in the banking industry is looking to employ a Risk Manager C for a 5 months contract who will be accountable for the support, implementation and management of the risk function for a specific business unit in order to minimize losses.

Description

  • Manage costs or expenses within approved budget to achieve cost efficiencies
  • Establish a sound risk management culture through awareness of campaigns to influence behaviour and drive the importance of compliance
  • Cultivate and manage objective working relationships with a variety of stakeholders, including end-users, SME’s, project managers and senior staff members
  • Maintenance of expert knowledge on relevant legislative amendments, industry best practices and provision of proactive advice and solutions to relevant stakeholders
  • Translate strategies into actionable goals and execute relevant projects or initiatives aligned to strategic objectives with specific performance measures and control systems to track progress
  • Comply with governance in terms of legislative and audit requirements
  • Implement business performance and risk management frameworks and relevant risk methodologies
  • Reconcile and report on monthly risk loss
  • Manage operational risk on a day to day basis which includes monitoring and reporting. This should include measures and procedures for: - understanding key processes, risk identification, risk analysis and assessment responding to risks identified and assessed adequate information and communication and monitoring of risk management activities
  • Ensure that necessary action is implemented to reduce the operational risk to an acceptable level
  • Manage and ensure compliance to the Basel II accord
  • Benchmark current practices against the risk management framework and adjust practices as and when necessary
  • Identify and implement risk management initiatives and compile risk mitigation plans in order to proactively action identified risks
  • Provide qualitative risk status reporting with accurate and reliable business intelligence (information) together with analyzing trends and data
  • Plan and manage performance, skills development, employment equity, talent and culture of team in order to improve innovation and achieve efficiencies
  • Manage personal development to increase own skills and competencies

Requirements

Qualification

  • Degree or Advanced Diploma in Risk management

Experience

  • 2 - 4 years relevant risk management experience

Additional requirements

  • IT Risk
  • Reporting skills

Kindly note, if you have not heard from us within two weeks of your application please consider it unsuccessful.

Position Type

Temp < 6 months

Work Level

Mid-Level

Salary

Market Related

Industry

Banking/Finance And Investment

Salary Type

Monthly

Package

Cost To Company

Affirmative Action

Yes

Geographic Location

Gauteng - JHB CBD