Operational Risk Specialist at National Empowerment Fund

Job description

• Support in the continuous review of systems and procedures of ORM strategies.
• Assist in coordinating the NEF’s ORM programmes, including the annual risk assessment and operational risk assessments.
• Inculcate a culture of risk awareness throughout the NEF.
• Assist in refining risk appetite and aligning it to the NEF’s mandate as well as corporate targets and operational targets, whilst ensuring the translation of such a risk appetite is appropriately incorporated into the NEF’s systems and controls.
• Identify and analyse sector trends to continuously improve the NEF’s risk management.
• Assist in providing guidance in the integration of Operational Risk Management with other organisational planning and management activities such as strategy formulation.
• Support in the evaluation of the adequacy of the NEF’s internal control frameworks in addressing risks and accomplishing the Organisation’s goals and objectives.
• Follow up with departments regarding implementation of action items.
• Monitor the implementation of action plans to ensure risk mitigation efforts are proceeding as required/intended.
• Proactively identify emerging risks and report/escalate to relevant stakeholders.
• Maintain awareness of relevant legislation and industry best practices to provide proactive.
• Provide support on reports going to Exco and other relevant committees.
• Assist with implementation of Business Continuity Processes at the NEF.
• Assist the Chief Risk Officer with any investigations that are undertaken.

Minimum requirements

Experience / Skills Required

• At least 3 - 5 years’ experience in Operational Risk Management environment.
• Knowledge and proper understanding of Operational Risk, and related control frameworks and practices.
• Knowledge and experience in Business Continuity Management will be an advantage.
• High level of proficiency and knowledge of MS Office, documents, management solutions and reporting tools.
• Ability to produce and present high quality reports.
• Strong communication skills and ability to influence others.
• Sound judgement and decision-making skills.

Qualification Requirements

• Bachelor of Commerce degree or other relevant qualification for the role.
• A post graduate qualification will be an added advantage.