Summary
Date Posted: Monday, September 19, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Purpose
Accountable for the support, implementation and management of the risk function for a specific business unit in order to minimize losses.

Experience and qualifications
Minimum Requirement : Degree in Risk management or relevant Degree
Experience : Minimum of 4 years relevant risk management experience
Exposure and understanding of Wholesale and Retail credit environment

Responsibilities
• Establish a sound risk management culture through awareness 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 / 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.
• Implemention of risk tools and techniques across the business units.
• Reconcile and report on monthly risk loss data.
• 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.
• 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 efficiency.

Work Hours: 8

Experience in Months: 48

Level of Education: Bachelor Degree

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