Senior Risk Manager

Our client, a prominent financial institution in Vereeniging, Gauteng , is seeking an experienced Senior Risk Manager to enhance their risk management framework. This role is pivotal in identifying, assessing, and mitigating a wide range of financial and operational risks. The successful candidate will be responsible for developing and implementing robust risk management strategies to protect the organization's assets and reputation.

This position offers a hybrid work arrangement, allowing for a blend of essential in-office collaboration and remote flexibility, supporting a productive work environment in Vereeniging . You will play a crucial role in safeguarding the firm's stability within the dynamic Gauteng financial landscape.

• Develop and implement comprehensive risk management policies and procedures.
• Identify, assess, and monitor key risks across the organization, including credit, market, operational, and liquidity risk.
• Design and execute risk assessment frameworks and stress testing programs.
• Develop risk mitigation strategies and action plans.
• Prepare regular risk reports for senior management and the board of directors.
• Ensure compliance with regulatory requirements and industry best practices related to risk management.
• Collaborate with various departments to integrate risk management principles into business operations.
• Conduct investigations into risk incidents and recommend corrective actions.
• Stay updated on emerging risks and regulatory changes affecting the financial industry.
• Mentor and guide junior risk analysts and team members.

• Master's degree in Finance, Economics, Statistics, or a related field.
• Professional certifications such as FRM or PRM are highly advantageous.
• Minimum of 7 years of experience in risk management, preferably within the banking or financial services sector.
• Proven expertise in identifying, analyzing, and mitigating various types of financial risks.
• Strong understanding of regulatory frameworks (e.g., Basel Accords, FICA) and their impact on risk management.
• Proficiency in risk modeling techniques, data analysis, and financial software.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong communication and interpersonal skills, with the ability to influence stakeholders at all levels.
• Ability to work effectively both independently and as part of a collaborative team in a hybrid setting.
• Experience with regulatory reporting and audit processes.
• Familiarity with the economic landscape of Gauteng and its specific financial risks.

• Competitive salary package and performance-based incentives.
• Comprehensive health and wellness benefits.
• Opportunities for professional development and career advancement.
• Hybrid work model offering flexibility and work-life balance.
• Exposure to complex risk challenges and strategic decision-making.
• Modern office facilities in Vereeniging .
• A dynamic and collaborative team environment.