Risk Management Specialist

3 days ago


Johannesburg, Gauteng, South Africa Red Ember Recruitment PTY Ltd Full time
Job Title: Risk and Compliance Officer

We are seeking a highly skilled Risk and Compliance Officer to join our dynamic Risk Control Department at Red Ember Recruitment PTY Ltd. As a key member of our team, you will play a pivotal role in shaping and maintaining our comprehensive risk management and compliance systems.

Key Responsibilities:
  • Develop and Refine Risk Management Systems: Design and implement effective risk management systems, including credit market operational risk and internal controls, to ensure the company stays ahead in a fast-paced regulated environment.
  • Establish and Enhance Compliance Systems: Develop and maintain a robust legal compliance system, manage the annual compliance risk plan, and ensure compliance with regulatory bodies.
  • Implement and Oversee Work Plans: Develop and implement annual work and internal control plans, ensuring seamless execution and effective risk mitigation.
  • Manage Account Rehabilitation: Oversee account rehabilitation, including collections and deal restructuring, to minimize risk and maximize returns.
  • Analyze Risk Data: Analyze risk data, propose mitigation strategies, and prepare reports to inform business decisions.
  • Review Asset Quality: Regularly assess and report risk classifications, ensuring accurate risk assessments and informed decision-making.
  • Evaluate Internal Controls: Evaluate the effectiveness of internal controls, identifying areas for improvement and implementing corrective actions.
  • Provide Compliance Input: Provide compliance input for new products and processes, ensuring alignment with regulatory requirements.
  • Handle Legal and Compliance Cases: Manage legal and compliance cases, including intellectual property affairs, to minimize risk and ensure compliance.
  • Oversee Credit Reviews: Oversee credit reviews, loan management, and document quality control, ensuring accurate risk assessments and informed decision-making.
  • Foster a Compliance Culture: Foster a compliance culture within the company, promoting a culture of risk awareness and compliance.
Requirements:
  • Qualifications: BCom (Accounting) or BCom Honours in Risk Management
  • Knowledge: Strong knowledge of POPIA, FAIS, FICA, AML, and NCR
  • Certification: RE1 certification
  • Experience: 1 to 2 years of relevant experience


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