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Open nowPosted 7 days ago

(1930) Senior Risk Analyst - RMCD

South African Reserve Bank17 open roles

Where
Pretoria, South Africa
Work mode
On site
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Your applicationOpen now(1930) Senior Risk Analyst - RMCDSouth African Reserve Bank · Pretoria, South Africa
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The clock on this job

Early applications get read.

13.7% of postings close within 7 days. Measured by our own scanner across the market. South African Reserve Bank postings stay open a median of 14 days.

Share of postings closed within
  1. 2.3%1 day
  2. 4.8%3 days
  3. 13.7%7 days
  4. 22.1%14 days
  5. 37.6%30 days
  6. 59.1%60 days
This job: posted 7 days ago

South African Reserve Bank median: 14 days open

The posting

Job Description

The successful candidate will be responsible for the following key performance areas:

  • Develop, maintain and embed the SARB Group risk management frameworks, methodologies, processes and systems and implement related policies for South African Bank Note (SABN) from the Risk Management and Compliance Department (RMCD) Hub.
  • Develop risk management quality criteria and perform quality reviews on risk management outcomes.
  • Identify, collate, analyse and report on emerging risks to the SABN executives, management teams and the SARB Group.
  • Support the assessment and analysis of information technology (IT) general risks and controls and embed them in IT-supported business processes (where applicable).
  • Coordinate and provide input for integration of IT general risks and controls for ‘IT for IT’ as well as ‘IT for business’ frameworks at SABN, where applicable.
  • Identify and coordinate risk management training needs and conduct related training.
  • Facilitate SABN’s strategic risk management processes in accordance with the SARB Group Risk Management Framework.
  • Compile and coordinate reports on SABN’s risk management outcomes and activities for SABN and the SARB Group’s executives and risk oversight committees.
  • Develop the overarching SARB-wide risk plan and coordinate and embed operational and continuous risk management across SABN and the SARB Group, including key risk indicators, risk incidents and emerging risks.
  • Develop risk awareness campaigns to educate stakeholders, influence behaviour and promote a positive as well as proactive risk management culture across SABN and the SARB Group.
  • Analyse data from risk registers to identify trends, interconnected risks and commonalities and produce qualitative reports and reliable business intelligence to support management decision-making.
  • Engage with stakeholders to provide information and support on risk management matters.
  • Research and benchmark leading risk management practices and developments and recommend appropriate improvements.
  • Analyse and understand SABN and the SARB’s environment (internal and external) in order to support and guide the identification of risks and opportunities to enable decision-making.
  • Provide input to other specialised risk management processes, that is, policies, methodologies, frameworks (Financial Risk Management, Cyber and information security, Privacy, Physical security, strategic and operational resilience, etc.).
  • Oversee the implementation of the SABN strategic and operational risk treatment action plans and report on their progress and impact on residual risks.
  • Oversee the integration between SABN, RMCD and other specialised risk areas.

Qualifications

To be considered for this position, candidates must be in possession of:

  • an Honours’ degree (NQF 8) in Risk Management, Auditing, Technology or an equivalent qualification;
  • ITIL and ISO 22301 and/or ISO31000 certification would be an added advantage;
  • CA(SA), CIA, CRM, FRMP, C-RISK, CISA would be an added advantage; and
  • 8−10 years’ experience in the relevant environment (Audit, IT and Risk Management).

Additional requirements include:

  • industry, organisational and business knowledge;
  • quality assurance knowledge;
  • continuous improvement knowledge;
  • continued learning and/or professional development knowledge;
  • risk management principles, tools, methodologies, frameworks, policies and processes knowledge;
  • risk management strategy and planning knowledge;
  • risk identification, analysis and assessment knowledge;
  • risk mitigation and management knowledge;
  • risk monitoring and reporting skills;
  • project management;
  • operational resilience;
  • basic knowledge of cybersecurity; and
  • information technology.
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