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  • Posted: Dec 2, 2024
    Deadline: Not specified
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  • The South African Reserve Bank is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought


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    (754) Senior Project Risk Analyst - RMCD

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

    • Develop and implement a project risk management framework, methodology and templates to ensure a standard approach to managing project risks across the SARB Group.
    • Develop project risk quality criteria and perform quality reviews on project risk assessments done for projects outside of the executive portfolio.
    • Provide project risk management input into the enterprise-wide project management framework and to the project management system(s).
    • Facilitate comprehensive risk assessments regularly for wide cross-cutting portfolio risks and ensure that risk response plans are executed.
    • Facilitate risk assessments for strategic initiatives and tier 1 in the executive portfolio, and ensure that risk response plans are executed.
    • Monitor and ensure that risk response plans are executed by the risk owners at the appropriate time.
    • Analyse and understand the SARB’s environment (internal and external) in order to support and guide the identification of risks and opportunities to enable decision making.
    • Prepare presentations and reports on portfolio, programme and project risks for the relevant governance forums and committees (applies to both hub and spoke).
    • Conduct onboarding training for the project management community on related risk frameworks.
    • Develop risk awareness campaigns to educate stakeholders and to influence behaviour, and drive the importance of effective risk management practices within the project management community.
    • Identify and coordinate project risk management training needs across the SARB Group and conduct related training.
    • Analyse risk data and information on the various project risk registers to identify trends and commonalities, create qualitative risk reporting, and derive reliable business intelligence/insights for management to enable decision making.
    • Communicate risk management strategies and the importance of adhering to risk management policies throughout the SARB Group.
    • Work closely with project management stakeholders to provide support and information for the various project-related forums, meetings and steering committees.
    • Consolidate, maintain and report on project risk issues for the SARB Group.
    • Research and benchmark leading risk management processes and developments, and propose improvements accordingly.
    • Drive a positive culture within the division and department.

    Qualifications

    Job requirements

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

    • at least an Honours degree in Auditing, Project Management or Risk Management, or any other relevant NQF 8 degree; and
    • at least 8–10 years of relevant and practical experience in the auditing, project management or risk management field.

    Additional requirements include:

    • sound knowledge of risk management frameworks, processes, standards and practice;
    • thorough knowledge of the ISO 31000 Risk Management Framework;
    • thorough knowledge of the King Code of Governance Principles for South Africa;
    • process and/or project risk management skills;
    • experience in the use of relevant risk management computer software applications;
    • good working knowledge of the Microsoft Office suite (e.g. Word, Excel and PowerPoint);
    • proven facilitation and presentation skills;
    • strong leadership and management skills;
    • excellent interpersonal and communication skills (verbal and written), including report writing;
    • stakeholder engagement and management skills; 
    • proven scribing or minute-taking skills;
    • the ability to function independently (being a ‘self-starter’);
    • the ability to conduct research, analysis and benchmarking;
    • attention to detail;
    • good time management skills;
    • flexibility to initiate or adopt new ways of working, adapting approaches as appropriate to changing business requirements;
    • the ability to multitask and prioritise tasks; and
    • being delivery-orientated.

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