Operational Risk Management - Pretoria at Public Investment Corporation

Ref: AORM001

Requirements:

•  Relevant degree in Risk or Audit or equivalent relevant qualification
•  Sound understanding of operational risk management principles.
•  Financial services industry knowledge and experience (Preferably Asset Management).
•  A good understanding of the key areas of the organization.
•  2 - 4 Years relevant experience

Duties:

•  Conduct day-to-day operational risk activities in terms of the Operational Risk Management Framework (ORMF) and related frameworks, policies, and procedures.
•  Assist the Senior Manager: Operational Risk in the identification, assessment, responses, and monitoring of Operational Risk in the PIC
•  Coordinate the risk analysis activities of the PIC Business Units, including both listed and unlisted investments.
•  Work with Compliance, Internal & External Audit functions and other Assurance Providers to direct their efforts towards reviewing controls that mitigate the identified risks across the organization.
•  Support the process of identifying and reporting risk incidents and assist in the design of risk mitigation and control procedures within PIC.
•  Support process of identifying and reporting issues and actions within PIC.
•  Conduct control environment assessments for the organization.
•  Conduct, implement and assess key risk indicators.
•  Assist the ORM Department with reporting to various governance structures.

Competencies and skills:

•  Problem-solving skills.
•  Attention to detail.
•  Good communication skills both verbal and written.
•  Knowledge of compliance, risk, and financial management.
•  Knowledge of financial markets - capital, money, equity, foreign exchange, and financial derivatives.
•  Knowledge of insurance coverage and industry standards.
•  Knowledge of the ISO 31000 standards, Basel Operational Risk principles, COSO risk governance principles and corporate governance principles e.g., King IV.
•  Knowledge of (ORX) Operational Risk Reporting Standards.
•  Knowledge of enterprise risk management principles.

Closing Date: 25 April 2024