Operational Risk Consultant

**Maintain internal control standards, including timely implementation of operational audits together with any issues raised by external regulators.**
- Maintain and enhance tracking metrics for management reporting and escalation - monitoring Strategic risks on a daily basis.
- Implement a proactive control approach to assist management in achieving strategic objectives, promotes efficiency, reduces the risk of loss and helps ensure compliance with corporate policies, procedures, laws and regulations.
- Assist senior management in maintaining adherence to policies for change initiatives, new products and significant systems enhancements within one’s allocated business unit.
- Provide support to the Head: Risk Management in terms of the development of operational risk related policies, processes, procedures, standards, guidelines and directives.
- Implement, interpret and communicate in terms of operational risk related policies, processes, procedures, standards, guidelines and directives within SBV. Division.
- Represent Risk Management at the Manco and partner with one’s dedicated Division in a joint effort to achieving the objectives outlined for the Division.

**Provide clear direction to the business on the Operational risk strategic plan and key focus areas**
- Provide relevant coaching, guidance and training on the implementation and maintenance of the Operational Risk Framework components including CSA’s, KRI’s, Events, Risk Assessments and key risk scenarios
- Assess the level of compliance of business for the relevant risk framework and policies

Remain abreast with the Risk framework, policies, standards, procedures and relevant legislation/regulations
- Assist Management to comply with the Business Continuity Policies, as well as Safety and Health Regulations and Policies
- Assess and monitor the current and forward-looking exposure (financial and non-financial) to Operational Risk i.e. considering all framework elements, strategic planning, business expansions/contractions and other major change programs.

**Support the scoping and definition of related Operational Risk deliverables and plans, ensuring that these are aligned to the Central Operational risk**
- Assess the relevance and performance of the Risk indicators and thresholds
- Review the key risk assessments related to the business with appropriate challenge
- Check and challenge the end-to-end Operational risk profile of the business, including emerging risks, to ensure no surprises. Consider all framework elements, strategic planning, business expansions/contractions and other major change programs
- Partner with business to provide guidance on issue/action, documentation, tracking, escalation and remediation
- Perform conformance reviews on agreed aspects of the framework
- Oversee deep dive and lessons learnt exercises for material risks, including review, challenge and tracking/escalation of findings. Review remediation plans for adequacy, completeness and progress
- Oversee monthly loss events
- Validate data and information in relevant reports
- Provide independent challenge on and insight from relevant reports to senior management
- Prepare appropriate current and forecast Operational risk profile reporting for the business
- Liaise across African Operations, leveraging internal engagement resources as appropriate to provide Operational risk oversight and challenge.

**Reduce operational risk exposure to acceptable levels of target risks**
- Guarantee appropriate operational risk governance with regards to new product approvals processes
- Maintain an optimal balance between risk and cost of control
- Assist with developing an effective and efficient operational risk culture by ensuring compliance with risk governance, policies, standards and guidance
- Be an effective ambassador and advisor to stakeholders

**Governance**
- Subscribe and align to SBV Services' ISO 9001:2015 Quality Management Standards, ensuring the department’s processes and quality management system is at all times in compliance with the standard.
- Support SBVs ESG journey, reporting on and managing the ESG requirements to ensure a positive reflection and outcome

**Lead as an Ambassador and executor of Change.**
- Act as a change management architect in periods of change to ensure business continuity.
- Manage the integration of business units into a seamless end to end solution for customers.
- Facilitate the necessary presentations, workshops, or forums to ensure consistent and accurate communication is given across one’s portfolio.

Minimum Requirements: Experience
- 5 years’ appropriate experience within a risk management, audit or compliance environment
- Exposure to the financial industry or supply chain industry advantageous
- Demonstrated written and oral English language proficiency
- Exposure to regulatory/compliance audits (SARB, ISO 9001, etc)
- Strong knowledge of Operational Risk Frameworks
- Project & Change Management (risk stream lead)
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