Specialist: Operational Risk

5 days ago


Johannesburg, Saudi Arabia Capitec Bank Full time

Purpose Statement

To provide specialist expertise and enable proactive and effective risk identification, assessment and management in Operations through:

  • Developing and running the implementation of operational risk policies, frameworks and standards 
  • Develop risk management practices designed to identify risk exposures at a process level
  • Effectively implementing risk assessment practices so that management can be provided with accurate risk information for effective decision-making on internal controls. 
  • Collecting risk information and drafting reports to stakeholders on risk exposures. 

Experience

Minimum:

  • At least 5 years’ experience in Risk Function
  • At least 1 year in an Operational Risk environment
  • Proven experience in:
  • Risk and control knowledge
  • Conducting risk and control self-assessments
  • Risk report writing

Ideal:

  • +5 years’ experience in Risk Function
  • +1 year in an Operational Risk environment
  • Experience in a financial services / banking environment would be beneficial

Qualifications Minimum

  • Bachelor's Degree in Risk and Compliance or Economic and Management Sciences

Qualifications Ideal or Preferred

  • Honours Degree in Risk and Compliance or Economic and Management Sciences

Knowledge

Minimum:

  • Risk and control knowledge
  • Basic understanding of key business processes and functions and an understanding of key risks in these areas
  • Risk management frameworks ISO 31000 / COSO / BASEL II & III
  • Principles for sound management of operational risk 
  • Risk and Control Self-Assessments
  • Report writing

Ideal:

  • Basic understanding of banking industry SARB regulations and banking standards
  • Data and Analytics

Skills

  • Communications Skills
  • Computer Literacy MS Word, MS Excel, MS Outlook
  • Decision making skills
  • Interpersonal & Relationship management Skills
  • Problem solving skills


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