Primary Purpose
To facilitate, implement, monitor and effect operational risk management throughout the organization
TECHNICAL REQUIRMENTS
- Sound understanding of risk, control / mitigation and related concepts
- Sound understating of operational risk framework, enterprise-wide risk framework
- Understanding of sound operational risk management practices
- Sound knowledge of Basel III operational risk
- Computer literate (intermediate level MS Office)
- Attention to detail
- Effective time management skills
- Communication skills – verbal and written
- Team player
Minimum Requirements
Qualifications
Minimum
- BCom degree (Majoring in Risk management / Auditing and / or Accounting)
Minimum Experience
- 3 years; experience in risk management
- 3 years’ experience in baking industry or similar (general understanding and awareness of functioning of key functions within banking organisation)
- Experience in auditing will be advantageous
- Risk management in banking industry
Duties and Responsibilities include but not limited to:
FINANCIAL MANAGEMENT
- Assist in curbing the bank’s expense
- Keep stationery, telephone and other costs under control
CUSTOMER CENTRICITY
- Establish and maintain positive relationships with members of all departments / business units within the organization
- Establish and maintain a positive presence of the risk function in assigned departments and business units by fostering constructive professional relationships with relevant member of the management.
OPERATIONAL EXCELLENCE
Risk assessments
- Independently conduct ongoing risk reviews at departmental and/or business unit level in line with the pre-determined coverage plan
- Facilitate risk assessments conducted by members of management of assigned departments and business units
- Recommend to management and facilitate implementation of practical and value-add mitigating strategies based on the results of risk reviews and assessments
- Conduct ad-hoc reviews on operational risk/loss events as requested by members of management.
Reporting
- Assist with the interpretation and analysis of operational loss data for regulatory reporting purposes (BA400, BA410, BA420)
- Managing and monitoring of user access on SAMEXWeb, and Trustlink Prod.
This position is advertised in line with our commitment to Employment Equity.