Senior Risk Analyst - Pretoria Verfied

R 33333 per month Pretoria, Gauteng Pretoria, Gauteng more than 14 days ago 17-03-2017 10:54:56 AM
14-04-2017 10:54:56 AM
Position: Senior Risk Analyst
Location: Pretoria
Salary: R400 000.00 CTC we do not offer Provident Fund and Medical aid.
Experience: 4+ Years in Risk Management (preferably in the Financial Services Industry)
Job Qualifications: B.Sc Math/Stats, M.Sc, FRM/PRM
Languages: Speak, Read and Write English and Afrikaans
General Purpose:
As Senior Risk Analyst you will play a critical role in proactively identifying and understanding the potential threats, identifying opportunities, actions or events that will adversely affect the Bank’s ability to achieve its objectives. This is a great time to join this fast growing mutual bank and you will enjoy unparalleled exposure to all aspects of the business. An exciting career awaits for the right candidate where your actions directly impacts the direction of the bank.

Essential Functions:
? Obtain data necessary to develop models. Establish links to data sources to continuously update models and provide updated measurements of changing risk profile.
? Take responsibility for the accurate and timely measurement of risk as well as the interpretation and presentation to senior management.
? Liaise with business to establish a risk management framework that will facilitate the measurement and reporting of key risk drivers.
? Embed Risk management practices in the Bank's and monitoring and reporting on these risks.
? Design and develop appropriate Risk models and Risk modelling to support the Bank's Risk management strategy.
? Ensure rigorous stress and scenario testing of the Group’s business and to receive reports that explain the impact of crystallization of identified risks and threats to the Group and to ensure a sufficient level of risk mitigation is in place.
? Imbedding the risk methodology of the bank by representing the risk department on various project groups.
? Review and / or approve new or proposed products, services or businesses initiatives that may expose the Bank to new material types of risks or significantly alter the group’s risk profile.
? Consider the adequacy and effectiveness of the technology infrastructure supporting the risk management framework.
? Integrate Risk management with the organizational and business planning.
? Provide business with ad-hoc analytical analysis to address specific business challenges.
? Devise risk mitigation strategies.
? Establish and communicate the Bank’s Risk appetite and risk management philosophy.
? Consider the Group’s risk profile relative to current and future Group strategy and Group risk appetite and identify any risk trends, concentrations or exposures and any requirement for policy change.
? Implement an appropriate infrastructure of policies, systems, process and reporting governance to manage and monitor the risk environment.
? Consider the adequacy and effectiveness of the technology infrastructure supporting the risk management framework.
? Integrate Risk management with the organizational and business planning.
? Liaise with External Auditors to facilitate the generation of risk based internal Audit Plans.
? Manage relationships with regularly assess the need and views of EXCO, Audit Committee and the Risk Committee.
? Develop and implement Risk Self Control Assessments throughout the enterprise. Implement results to mitigate arising operational risks.

Knowledge, Skill and Ability:
? Strategic an Analytical thinking
? Effective execution of projects strategy
? Innovative
? Results – oriented
? Applied integrative thinking
? Decision Making
? Change facilitation
? Stakeholder orientation
? Customer centricity
? Effective communication
? Team orientation
? Talent engagement (management)
? Leadership
? Problem solving
? Perform under pressure (deadline oriented)