Operational Risk Manager

3 months ago

Centurion, South Africa Momentum Insure Company Limited Full time

**Introduction**
- Momentum Group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings, protect what matters to them and invest for the future. We help companies and organisations care for and reward their employees and members. Through our own network of advisers or via independent brokers and utilising new platforms, Momentum Group provides practical financial solutions for people, communities and businesses.**Disclaimer**
- As an applicant, please verify the legitimacy of this job advert on our company career page.**Role Purpose**
- Momentum Insure Company Limited (MI) is looking for a highly motivated individual to ensure that operational risk within MI is well managed within the risk appetite of the business.The role will be positioned within the Risk, Legal and Compliance Department of MI. The function’s purpose is to ensure that industry best practice risk management frameworks, controls and risk treatment plans are in place and executed and that the required monitoring of and reporting on operational risk exposure to the Chief Risk Officer (CRO) and Executive Committee occurs.

The role is required to provide overall leadership, vision and direction to the operational risk management function by supporting the achievement of the business’ strategic objectives. The incumbent will be considered as the thought leader of operational risk and is expected to ensure that operational risks are appropriately assessed, measured, prioritised and reported to the relevant stakeholders.

**Requirements**:

- A relevant degree in Internal Audit, Risk Management or equivalent at NQF level 8.
- At least 5 years’ experience in an operational risk role within the financial services industry.
- 2 - 4 years of management experience taking care of teams between 2- 4 people.

**Duties & Responsibilities**
- Take overall accountability of the operational risk management function in MI, ensuring that the objectives of operational risk management meets the business’ strategic objectives.
- Further develop and implement policies and frameworks for operational risk management, including the consideration of the necessary risk appetite statements and key risk indicators, ensuring that operational risk management techniques and tools incorporate innovative technological solutions.
- Perform and monitor operational risk assessments (e.g. using Risk and Control Self Assessments), which comprise identifying, assessing, measuring, prioritising and reporting risks that may impact the business, as well as the associated control adequacy reviews.
- Develop remedial plans with operational risk owners to manage operational risks to desired levels on an ongoing basis.
- Manage and provide guidance to the Risk Assurance team, ensuring that audit scope and procedures are fit for purpose.
- Provide assurance on material operational risk exposures to the MI CRO and Executive Committee.
- Responsible for maintaining and enhancing the MI Combined Assurance Framework.
- Driving the embedment of the applicable operational risk regulatory standards.
- Reporting on operational risk exposures, the operational risk profile and associated mitigating plans to the relevant governance structures at a MI and Momentum Group Limited level.
- Submission of the necessary quarterly operational risk assessments to Momentum Group Limited.
- Manage the internal and external audit issue validation and closure process.

**Competencies**

**Skills and behavioural competencies**
- Written and verbal communication skills
- Presentation skills
- Influential and assertive, displaying self-confidence
- Negotiation skills
- Relationship management
- Analytical skills and attentive to detail
- Planning and organising skills
- Upholding standards
- Ability and willingness to collaborate and manage a team

**Knowledge**
- Requires an in-depth knowledge of various operational risk issues, including techniques for the effective management of operational risks within the financial services industry.
- Knowledge of the relevant regulatory, legislative, governance, risk and compliance landscapes would be beneficial to the role
- Understanding of Enterprise Risk Management (ERM) and Own Risk and Solvency Assessment (ORSA) practices and philosophies would also be beneficial to the role

  • Head of Risk

    6 months ago

    Centurion, South Africa Risk Management Full time

    **Introduction** - Through our client-facing brands the Momentum Metropolitan Group, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables businesses and people from walks of life to achieve their financial goals and life aspirations.**Role Purpose** - To manage the...

  • IT Risk

    6 months ago

    Centurion, South Africa Risk Management Full time

    **Introduction** - Through our client-facing brands the Momentum Metropolitan Group, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables businesses and people from walks of life to achieve their financial goals and life aspirations.**Role Purpose** - Data Analyst will...

  • Operational Risk Manager: IT

    1 month ago

    Centurion, Gauteng, South Africa Fempower Personnel Full time

    Job Title: Operational Risk Manager: ITFempower Personnel is seeking a skilled professional to establish and manage operational risk management principles within IT and Data.Key Responsibilities:Design and Implement an Integrated Operational Risk Management FrameworkDevelop a Risk Appetite Framework (RAF) and Track Key Risk Indicators (KRIs)Oversee IT and...

  • Operational Risk Manager: IT

    1 month ago

    Centurion, South Africa Land Bank Careers Full time

    **Job Advert Summary**: (Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production...

  • Operational Risk Manager: IT

    4 weeks ago

    Centurion, South Africa Jobted ZA C2 Full time

    Key Responsibilities Overview We are looking for a skilled professional to establish and manage operational risk management principles within IT and Data. The role involves developing and managing operational risk policies, processes, and systems in line with strategic objectives. The incumbent will be responsible for identifying, assessing, managing, and...

  • Operational Risk Manager: IT

    1 month ago

    Centurion, South Africa Six Sense Full time

    A well-established business is seeking to appoint an Operational Risk Manager: IT & Data To establish and manage appropriate Operational risk management principles within the IT and DATA management Developing and managing all operational risk management procures, processes and systems Developing and managing all operational risk policies, and processes in...

  • Operational Risk Manager: IT Specialist

    4 weeks ago

    Centurion, Gauteng, South Africa Fempower Full time

    Job Title: Operational Risk Manager: ITFempower is seeking a skilled professional to establish and manage operational risk management principles within IT and Data. The role involves developing and managing operational risk policies, processes, and systems in line with strategic objectives.Key Responsibilities:Design and implement an Integrated Operational...

  • Operational Risk Manager: IT

    1 month ago

    Centurion, South Africa Fempower Full time

    Key Responsibilities Overview We are looking for a skilled professional to establish and manage operational risk management principles within IT and Data. The role involves developing and managing operational risk policies, processes, and systems in line with strategic objectives. The incumbent will be responsible for identifying, assessing, managing, and...

  • Operational Risk Manager: IT

    1 month ago

    Centurion, South Africa Fempower Personnel Full time

    Key Responsibilities OverviewWe are looking for a skilled professional to establish and manage operational risk management principles within IT and Data. The role involves developing and managing operational risk policies, processes, and systems in line with strategic objectives. The incumbent will be responsible for identifying, assessing, managing, and...

  • Operational Risk Manager: IT

    1 month ago

    Centurion, South Africa Fempower Full time

    Key Responsibilities OverviewWe are looking for a skilled professional to establish and manage operational risk management principles within IT and Data. The role involves developing and managing operational risk policies, processes, and systems in line with strategic objectives. The incumbent will be responsible for identifying, assessing, managing, and...

  • Financial Operations Risk Manager

    6 days ago

    Centurion, Gauteng, South Africa Network Recruitment Full time

    At Network Recruitment, we are seeking a highly skilled Financial Operations Risk Manager to join our team. This is an exciting opportunity for a qualified professional to take on a key role in ensuring the quality and compliance of financial operations.About the RoleThe successful candidate will be responsible for ensuring the quality and compliance of...

  • Risk Manager

    2 months ago

    Centurion, South Africa Network Recruitment Full time

    Key Responsibilities: Develop, implement, and oversee risk management frameworks for identifying, assessing, and mitigating risks across the organization. Monitor and evaluate operational, financial, regulatory, and reputational risks that may affect the business. Conduct regular risk assessments and audits to ensure compliance with internal policies and...

  • Manager: IT Governance and Risk

    5 months ago

    Centurion, South Africa Six Sense Full time

    Gauteng, Centurion - Annually Cost To Company (Market related) A well-established business is seeking to appoint a Manager: IT Governance and Risk To investigate, analyse and manage risk associated with IT projects, between Operational Business units and the Risk Department and to enable continuous business performance improvement by consolidating internal...

  • Manager: IT Governance and Risk

    5 months ago

    Centurion, South Africa Secondments Recruitment Full time

    **Job Advert Summary**: To investigate, analyse and manage risk associated with IT projects, between Operational Business units and the Risk Department and to enable continuous business performance improvement of company by consolidating internal and external sources of information to support tactical and strategic decision making across all operational...

  • Risk Management Specialist

    2 months ago

    Centurion, Gauteng, South Africa HR Genie Full time

    Risk Specialist Job DescriptionWe are seeking a highly skilled Risk Specialist to support our organization in managing and mitigating risks. This is a 36-month contract based in Centurion.Key Responsibilities:Develop and implement risk management strategies to ensure the organization's assets and operations are protected.Conduct risk assessments and provide...

  • Risk Management Expert

    1 month ago

    Centurion, Gauteng, South Africa HR Genie Full time

    Risk Specialist Job DescriptionWe are seeking a highly skilled Risk Specialist to contribute to our team's success.Key Responsibilities:Develop and implement effective risk management strategies to mitigate potential threats.Conduct thorough risk assessments to identify and prioritize potential risks.Collaborate with cross-functional teams to ensure risk...

  • Risk Management Specialist

    2 months ago

    Centurion, Gauteng, South Africa Network Recruitment Full time

    Key ResponsibilitiesDevelop, implement, and oversee risk management frameworks to identify, assess, and mitigate risks across the organization.Monitor and evaluate operational, financial, regulatory, and reputational risks that may affect the business.Conduct regular risk assessments and audits to ensure compliance with internal policies and regulatory...

  • Group Legal Advisor

    3 weeks ago

    Centurion, South Africa Risk Management Full time

    **Introduction** - We are excited to offer an incredible opportunity for a **Group Legal Advisor** to join our dynamic Risk Management Compliance and Legal team within the Momentum Group. As part of this team, you will play a crucial role in shaping and managing our intellectual property (IP) strategies while providing expert legal counsel across the...

  • Manager: IT Governance and Risk

    5 months ago

    Centurion, South Africa Land Bank Careers Full time

    **Job Advert Summary**: The Land and Agricultural Development Bank of South Africa (Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to...

  • Risk Management Specialist

    4 weeks ago

    Centurion, Gauteng, South Africa Network Recruitment Full time

    Key Responsibilities:Develop, implement, and oversee risk management frameworks to identify, assess, and mitigate risks across the organization.Monitor and evaluate operational, financial, regulatory, and reputational risks that may impact the business.Conduct regular risk assessments and audits to ensure compliance with internal policies and regulatory...