Operational Risk Manager

1 month ago


Johannesburg, Gauteng, South Africa Isilumko Staffing Full time
Job Summary

We are seeking an experienced Operational Risk Manager to partner with our stakeholders and manage the control environment within our assigned Operations Team in CIB Operations.

The ideal candidate will have a proven track record of minimizing non-financial risks and operational losses while ensuring operational excellence.

About the RoleMain Responsibilities:
  • Risk Assessment & Management: Conduct regular risk assessments, adjust controls to minimize losses, and manage control frameworks within the team.
  • Incident Management: Detect and remediate operational failures, perform root cause analysis, and implement corrective measures to prevent reoccurrence.
  • Data Analysis & Reporting: Gather data, perform trend analysis, and provide insights through reports and dashboards to identify potential risks early.
  • Stakeholder Engagement: Collaborate with internal and external stakeholders, including audit teams, compliance, and operations, to support control implementation and problem-solving.
  • Support in Audit Processes: Assist in audit processes and ensure the timely closure of findings within the assigned team.
Qualifications and Experience:

Candidates should possess an Advanced Diploma in Business Commerce (required); First Degree preferred. At least 3-4 years of experience in Operations, Risk Management, or Product Financial Services with a focus on Operations Control is essential. Proficiency in Excel, PowerBI, and banking systems is required.

Key Competencies:

The ideal candidate should exhibit Behavioral Competencies such as Articulating Information, Challenging Ideas, Embracing Change, Managing Tasks, Team Working, and Upholding Standards. Technical Skills in Risk Management, Innovation, Automation, Data Analytics, and Process Management are also necessary.

Compensation and Benefits

The estimated salary for this role is R800,000 per annum, based on industry standards and market conditions. Additional benefits include medical aid, retirement fund, and performance bonuses.



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