(1600) Risk Analyst - CMD at South African Reserve Bank

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

• Advise on risk and compliance management issues related to the operating areas within CMD.
• Develop operational risk profiles and action plans for the relevant systems within CMD.
• Support the implementation, review, updating and maintenance of the operational risk management and compliance framework.
• Prepare, liaise with relevant divisions/cash centres and facilitate risk assessment workshops, business impact analysis and business continuity planning sessions, using the SARB’s risk management policies, frameworks, methodologies, processes and systems. 
• Coordinate, plan and execute activities related to managing specialised operational risks, including cyber-risk, change management, project risk management and business continuity management.
• Conduct operational risk assessments, prepare reports, capture risk mitigation plans and provide progress reports in line with RMCD and Board Risk and Ethics Committee agendas.
• Implement risk monitoring processes for risk and compliance management. 
• Assist in preparing for briefings and presentations with relevant stakeholders. 
• Help prepare scenarios, coordinate training and awareness sessions, and provide training in governance, risk management and controls relevant to the department. 
• Coordinate and liaise with RMCD, internal and external auditors, and other relevant stakeholders to enhance audit, risk and compliance activities.
• Log risk incidents related to the operational area, consolidate, maintain and report on the centralised risk incidents database for CMD.  
• Build sound professional relationships with stakeholders through collaboration, customer focus and excellent execution.
• Manage relationships with peers through teamwork, knowledge sharing, positive attitude and providing support to colleagues.
• Actively stay abreast of new approaches (best practices), methods, analytical techniques and procedures in risk management. 
• Research and benchmark leading risk management processes and developments and propose improvements accordingly. 
• Identify and recommend effective ways to improve business processes and systems, adding value to CMD.
• Contribute to other specialised risk management processes, including policies, methodologies and frameworks (e.g. financial risk management, cyber and information security, privacy, physical security, and strategic and operational resilience). 

Qualifications

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

• a minimum of a Bachelor’s degree in Risk Management or any other relevant NQF 7 degree;
• at least five to eight years’ experience in a banking, finance or a payment environment, with at least two years in risk management; and
• a Certified Risk Professional (CRP) certificate or an Honours degree (NQF 8) will be an advantage.