Job description
- Location:Sandton
- Employee Type:Permanent
- Department:Operational Risk
- Division:Investec For Business
Operational Risk Manager (12865)
Description
This role will be responsible for the implementation, embedding and maintenance of the operational risk management framework and associated requirements for the Investec for Business division of the Specialist Bank.
The result
Main responsibilities
- Implement the Group's Operational Risk Management strategy. The individual would be required to perform the following:
- The identification, assessment and monitoring of key risks, using a process based risk assessment methodology
- Ensure that risk events are adequately captured and that the financial reconciliations attached to these events are completed,
- Complete causal analysis on risk events with the focus on improving operational controls,
- Guide and consult with business leads to enhance their risk thinking and drive continual improvement and risk mitigation.
- Drive and enhance the development and tracking of relevant key risk indicators,
- Identification and follow up of relevant mitigation plans,
- Contribute to the IFB scenario process,
- Collate relevant reports and the provision of risk intelligence to stakeholders.
- Enhance the risk framework through the consideration of external threats and emerging risks.
- Contribute to the development of a risk culture in the business unit through knowledge sharing.
- Provide education to stakeholders and staff on operational risk management to sustain and build on the risk culture of the business unit.
- Support the Governance structures of IFB by documenting and minute taking of key risk meetings.
- Assist relevant business owners and the Business Continuity Coordinator, to ensure that adequate business continuity management practices are in place.
- Support the Crisis Management plan of IFB and ensure compliance with the OHS
- Adhoc involvement in key risk projects
- Monitoring of Key Controls
Experience, skill and capability
Education | Knowledge
• Relevant degree.
• Risk management certification would be an advantage.
• A minimum of 2 - 4 years relevant work experience within the financial industry.
• Relevant operational risk experience is a requirement.
• Excellent verbal and written communication skills
• Facilitation skills in order to conduct workshops and relevant meetings.
• Analytical skills with the ability to draw logical conclusions from vast amounts of data and information.
• Excell skills are critical to be able to support analytical tasks
• Excellent attention to detail.
• Effective time management, ability to work independently and at times under pressure.
• Understanding of the regulatory requirements within a bank and an in-depth knowledge of the operational risk regulations.
Personal attributes
• Ability to build strong partnerships and relationships.
• Good communication skills are essential.
• Self-starter and to take ownership and pride in delivery.
• Have initiative and display confidence to liaise at all levels.
• A team player
• Ability to deal with conflict in a constructive manner.
• Problem solver and tenacity to see an action plan through to fulfilment.
Investec Culture
At Investec we look for dynamic, energetic people filled with tenacity, integrity and out of the ordinary thinking.
We value individuals who in turn value our culture that is, a can-do attitude while challenging convention.
Diversity, competency, and flexible leadership are respected in pursuit of the growth of our business.
We are committed to diversity and inclusion when recruiting internally and externally.



