Risk Analyst
5 days ago
**Key purpose**:
The Risk Manager is responsible for assisting with risk management strategies, the implementation and monitoring thereof and ensuring sound governance in the business.
**Duties and r**esponsibilities**:
- Implement the strategy for the enterprise risk function, working in conjunction with the business to ensure achievement of the business objectives.
- Support in the implementation of a robust risk management framework and architecture for the organisation and manage the enterprise-wide risks.
- Assess and understand the combined risks of the business and their interrelationships
- Monitor the progress of risk mitigation activities
- Implement and monitor appropriate risk metrics.
- Monitor policies and procedures for appropriate risk measures.
- Monitor industry and regulatory updates, and the organisations policies and procedures.
- Ensure robust service provider due diligence is conducted from a risk perspective.
- Provide qualitative and quantitative risk reporting in all risk areas which meets the needs of the Executive team and Board.
- Embed a positive culture of confident and informed risk-taking.
- Act as change agent within the business for the communication and implementation of risk management requirements and standards.
- Maintain high levels of knowledge on legislation applicable to the life insurance industry.
**Qualifications and experience**:
- Appropriate risk management certification or tertiary level degree
- Minimum of 5 years risk management experience and at least one year in a management role.
- A minimum of 3 years of experience within the financial services sector.
- Must meet the FAIS Fit & Proper Requirements.
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