Risk Analyst

Key purpose:

The Risk Manager is responsible for assisting with risk management strategies, the implementation and monitoring thereof and ensuring sound governance in the business.

Duties and responsibilities:

• Implement the strategy for the enterprise risk function, working in conjunction with the business to ensure achievement of the business objectives.
• Support in the implementation of a robust risk management framework and architecture for the organisation and manage the enterprise-wide risks.
• Assess and understand the combined risks of the business and their interrelationships
• Monitor the progress of risk mitigation activities
• Implement and monitor appropriate risk metrics.
• Monitor policies and procedures for appropriate risk measures.
• Monitor industry and regulatory updates, and the organisations policies and procedures.
• Ensure robust service provider due diligence is conducted from a risk perspective.
• Provide qualitative and quantitative risk reporting in all risk areas which meets the needs of the Executive team and Board.
• Embed a positive culture of confident and informed risk-taking.
• Act as change agent within the business for the communication and implementation of risk management requirements and standards.
• Maintain high levels of knowledge on legislation applicable to the life insurance industry.

Qualifications and experience:

• Appropriate risk management certification or tertiary level degree
• Minimum of 5 years risk management experience and at least one year in a management role.
• A minimum of 3 years of experience within the financial services sector.
• Must meet the FAIS Fit & Proper Requirements.