Risk Specialist
1 week ago
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- Job by industries
Requirements
- 2-5 years of experience in financial services.
- 2-5 years of experience in risk management or auditing (internal/external).
- Familiarity with the financial services and insurance industry, including relevant regulations and laws.
- Understanding of IFRS, the Companies Act, and risk management principles.
- Degree in Risk Management or related qualification.
- CFA, FRM or a related investment focused risk management qualification will be advantageous.
Responsibilities and Work Outputs
- Build strong relationships with stakeholders at all levels, including senior executives, to foster a risk-aware culture.
- Support department heads in growing their areas by providing risk guidance and ensuring compliance.
- Keep internal stakeholders informed about the risk profile and escalate important issues, as well as portfolio management related concerns.
- Lead by example in fostering a culture of strong relationships, feedback, and excellent client service.
- Adapt to changing client needs and improve business processes based on feedback.
- Drive efficiency improvements, such as automation.
- Work closely with risk owners to manage and optimize risk processes from identification to reporting.
- Collaborate with the business to identify and mitigate key risks.
- Produce Risk reports highlighting areas of concern, opportunities and anything requiring further investigation for tabling at management and governance forums.
- Partner with the business to create proactive risk management plans.
- Regularly assess and monitor risks through interviews and self-assessments.
- Ensure the audit plan aligns with identified risks.
- Participate in internal group forums to ensure business is kept abreast of relevant risk events and initiatives, take note of key action points and follow-through to ensure execution.
- Identify and track internal and external risk trends.
- Access and prioritize relevant information from various sources to understand the broader risk environment as well as how it may impact on portfolios being managed internally and externally.
- Strengthen relationships with key stakeholders to improve risk reporting and understanding.
- Coordinate combined assurance plans and monitor their execution.
- Contribute to the development and review of key risk management policies and frameworks.
- Error process oversight in the assigned department according to the defined framework.
- Ensure audit findings are closed out in the internal tracking system.
- Oversight of third-party relationships as needed.
- Provide ongoing monitoring and oversight of portfolio risks, product risks and activities.
Client Service
- Build and maintain relationships with clients and stakeholders.
- Meet service agreements to manage client expectations.
- Suggest ways to improve client service and fair treatment.
People
- Contribute to a culture that fosters strong relationships, open feedback, and excellent client service.
- Build and maintain effective working relationships with colleagues and stakeholders.
- Support and actively participate in change initiatives.
- Keep improving your professional, industry, and legal knowledge.
- Help drive innovation by developing, sharing, and applying new ideas.
- Take charge of your career growth.
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