Operational Risk Analyst

Details of the offer

Primary Purpose
To facilitate, implement, monitor and effect operational risk management throughout the organization.
TECHNICAL REQUIREMENTS

Sound understanding of risk, control/mitigation and related concepts.
Sound understanding 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

BCom degree (Majoring in Risk Management/Auditing and/or Accounting).

Minimum Experience

3 years' experience in risk management.
3 years' experience in banking industry or similar (general understanding and awareness of the functioning of key functions within a banking organization).
Experience in auditing will be advantageous.
Risk management in the banking industry.

Duties and Responsibilities include but are not limited to:
FINANCIAL MANAGEMENT

Assist in curbing the bank's expenses.
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 members 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 the 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.
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