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Risk Manager

Employer
FirstRand Bank Limited
Location
Central Johannesburg 5 Merchant Place, 9 Fredman Drive, Sandton, Johannesburg, 2196 Johannesburg, South Africa
Salary
Competitive
Closing date
Sep 18, 2024
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Job Role
Risk Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Job Description

To lead the Risk Team in implementing the Risk Strategy by analyzing, managing and mitigating all risks within the Bank

Ensure that processes are in place for identification, assessment and managements of risks affecting the segment
  • Analyse and review business processes and assess the extent to which they comply with the Bank's trading minimum standards
  • Analyse and identify monthly, quarterly and biannual trends, spikes and anomalies across the various risk profiles at a branch, subsidiary and overall Africa level in order to formulate appropriate action plans to mitigate or reduce risk
  • As required, capture operational breakdowns into open pages
  • Review quarterly self-assessments (PRCIA) and provide feedback on control weaknesses
  • Review and cascading of applicable Policies and Frameworks. Review end-to-end business processes of each CIB business unit
  • Identify gaps and weaknesses in the business which could give rise to risk. Collaborate with CIB teams to develop remedial action plans
  • Provide a full operational risk view for the segment


Job Details

Application Closing Date

13/09/24

All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

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