Risk Analyst

3 days ago

Durban, KwaZulu-Natal, South Africa Boardroom Appointments Full time R900 000 - R1 200 000 per year


Key purpose:

The Risk Manager is responsible for assisting with risk management strategies, the implementation and monitoring thereof and ensuring sound governance in the business.

Duties and responsibilities:

  • Implement the strategy for the enterprise risk function, working in conjunction with the business to ensure achievement of the business objectives.
  • Support in the implementation of a robust risk management framework and architecture for the organisation and manage the enterprise-wide risks.
  • Assess and understand the combined risks of the business and their interrelationships
  • Monitor the progress of risk mitigation activities
  • Implement and monitor appropriate risk metrics.
  • Monitor policies and procedures for appropriate risk measures.
  • Monitor industry and regulatory updates, and the organisations policies and procedures.
  • Ensure robust service provider due diligence is conducted from a risk perspective.
  • Provide qualitative and quantitative risk reporting in all risk areas which meets the needs of the Executive team and Board.
  • Embed a positive culture of confident and informed risk-taking.
  • Act as change agent within the business for the communication and implementation of risk management requirements and standards.
  • Maintain high levels of knowledge on legislation applicable to the life insurance industry.

Qualifications and experience:

  • Appropriate risk management certification or tertiary level degree
  • Minimum of 5 years risk management experience and at least one year in a management role.
  • A minimum of 3 years of experience within the financial services sector.
  • Must meet the FAIS Fit & Proper Requirements.

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