(337) Risk Analyst

4 days ago

Pretoria, South Africa South African Reserve Bank Full time

**Job title: Risk Analyst**

**Location: Head Office, Pretoria**

**Organisation: Business Support Division**

**Department: National Payment System Department
**Brief description**

The purpose of this position is to prepare, execute, monitor and report on strategic, operational and specialised risks for the National Payment System Department (NPSD).

**Detailed description**
- Assist with the implementation, review, update and maintenance of the operational risk management and compliance framework.
- Coordinate and plan the annual operational and strategic risk assessment workshops with the Risk Management and Compliance Department (RMCD) and relevant stakeholders.
- Provide advice on risk and compliance management issues relating to the operating area within the NPSD.
- Develop operational risk profiles and risk action plans relating to the national payment system (NPS) operating area.
- Coordinate, plan and execute activities relating to the management of specialised operational risks (including cyber-risk, change management, project risk management and business continuity management).
- Conduct operational risk assessments, prepare reports, develop risk mitigation plans and report on progress, in line with RMCD and the Board Risk and Ethics Committee agendas.
- Actively stay abreast of new approaches (best practices), methods, analytical techniques and procedures in risk management.
- Implement risk monitoring processes for risk and compliance management.
- Assist in preparing for briefings and presentations with relevant stakeholders.
- Assist with the preparation of scenarios, coordinate training and awareness sessions, and provide training in areas of governance, risk management and controls relevant to the NPSD.
- Coordinate and liaise with RMCD, internal and external audit, as well as any other relevant stakeholders to improve and enhance audit, risk and compliance activities.
- Log risk incidents relating to the operational area.
- Monitor and report on risk action plans relating to the logged risk incidents.
- Build sound professional relationships with stakeholders through collaboration, client focus and excellent execution.
- Manage relationships with peers through teamwork, knowledge sharing and positive attitude, and providing support to colleagues.
- Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and add value to the NPSD.

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