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 Responsibilitie s 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.