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Risk and Compliance Analyst

2 months ago


Johannesburg, Gauteng, South Africa FirstRand Bank Limited Full time

Job Title: Risk and Compliance Analyst at FirstRand Bank Limited

Role Overview

  • Oversee the management of operational and risk reporting to senior management and governance bodies, ensuring that operational functions and mitigating controls are effectively implemented to reduce potential risks.
  • Achieve operational and financial objectives by optimizing resource distribution and minimizing inefficiencies.
  • Establish and nurture relationships to align expectations, disseminate knowledge, and foster collaboration; engage in cross-departmental partnerships for enhanced support.
  • Enhance decision-making processes by delivering precise business insights and evaluating emerging trends.
  • Assess project advancements, make informed decisions, and pinpoint areas for enhancement.
  • Develop and execute a proactive strategy for risk management within the unit.
  • Regularly review and refine unit processes, documenting and analyzing risk-related data.
  • Collaborate with subject matter experts in risk and information management to fulfill data and reporting requirements.
  • Supervise the integrity of data quality controls for both inputs and outputs.
  • Lead organizational transformation by partnering with stakeholders to enhance reporting mechanisms.
  • Ensure adherence to legal, regulatory, policy, and governance standards.
  • Stay informed on legislative changes, industry standards, and compliance protocols.
  • Gain insights into risk factors, contribute to governance and compliance frameworks, and identify potential risks.
  • Provide training, recommend enhancements, and engage in collaborative forums.
  • Support a culture of development, work alongside colleagues, and take part in knowledge-sharing communities.
  • Evaluate personal performance, identify areas for growth, and create a personal development strategy.
  • Track progress against the development strategy and assess the impact of outcomes.

Qualifications and Experience

  • Minimum Requirement – Qualified CA(SA)
  • Preferred Requirement – Qualified CA(SA)
  • Experience Needed – 1 to 2 years of post-qualification experience in a relevant setting
  • Work Background – Must be based in Gauteng
  • Interest in data governance and/or operational risk management is essential.

Company: FirstRand Bank Limited is a prominent financial institution committed to delivering innovative financial solutions and exceptional service to its clients.