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Risk Officer - Fixed Term Contract

Employer
Accounting & Financial AdvisoryLtd
Location
Vereeniging Vereeniging Emfuleni, South Africa
Salary
Competitive
Closing date
Jun 24, 2024

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Job Role
Risk Manager
Sector
Finance
Contract Type
Contract
Hours
Full Time
MAIN PURPOSE OF THE JOBThe role of the Risk Officer is to assist the Risk Manager (RM) in executing the risk program and providing another line of defence in protecting enterprise value and evaluating performance exclusively from a risk perspective. DESCRIPTION OF TASKSEngage in the implementation of the bank's risk management function.Engage in the implementation and maintenance of an ERM Framework and supporting policies and procedures.Assessing and evaluating risks and controls within BCBPerform monitoring and test the adequacy and efficiency of the business controls and provide the business area's management with reports on the findingsInvestigate and log (on risk management tool - Isometrix) risk incident reports submitted within BCBIdentify and analyse trends within BCB to establish root causesMaintenance of a risk register and overall risk assessments for BCBTracking and maintenance of Risk LogsMonitoring and logging of KRIs for BCB.Supporting the Risk Manager in risk scenarios preparationSupporting the Risk Manager in monthly risk reportingParticipate in improving the risk reporting communication channel as well as a positive risk culture and promoting individual responsibility.Supporting BCB's risk management capabilities to ensure that they are sufficiently robust and effective to fully support its strategic objectives and all its risk-taking activities.Communicate to key stakeholders regarding the risk profile of the business. SKILLS AND QUALIFICATIONS REQUIREDRelevant degree - BCom Risk Management (Advantageous)Risk Management Experience (3 years +), preferably in a banking environmentMembership of IRMSA or GARP advantageousBanking/audit / financial services experience essential
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See Description

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