Risk Specialist at Guardrisk

Role Purpose    
Responsible for assisting in the implementation and management of enterprise risk including IT Risk and lead by example in contributing to a culture that builds rewarding relationships, facilitates feedback and provides exceptional client service. 

Requirements    

• Relevant degree
• BCom Accounting/ BACC/ Risk Management/
• Certifications in IT Risk/ Cyber security/ General and Application Controls  
• Min 3- 5 work experience in similar role
• Min 3- 5 years’ relevant industry experience (Insurance Industry experience)
• IT Risk experience necessary
• Understanding of Enterprise Risk Management (ERM), Own Risk and Solvency Assessment (ORSA) and Solvency Assessment and Management (SAM) practices and philosophy and relevant local legislation and regulations impacting risk management.
• Comprehensive risk management skills encompassing the regulatory, risk governance, risk management and IT risk management landscape.
• Relevant industry and technical skills and experience

Duties & Responsibilities    

• Build strong relationships with internal and external stakeholders at all levels and the wider Risk, Legal and Compliance community to remove hurdles and obstacles and co-create an empowered and risk-aware culture
• Engage with relevant internal stakeholders to advise them on the risk profile and to keep them in the loop of issues that need to be escalated
• Conduct the risk management component of due diligence reviews of new clients as well as periodic reviews and monitoring of existing clients.
• Ensure appropriate governance, risk management and internal controls are in place internally and with clients.
• Maintain, update, monitor and report on the risk profile of each client
• Identify changing client needs and incorporate client feedback into improved business processes and systems
• Participate in internal group forums to ensure local business is kept abreast of relevant Risk events and initiatives, take note of key action points and follow-through to ensure execution
• Apply specific technical and business insights in liaising with individual risk owners on a day-to-day basis to understand, manage and optimise end-to-end risk identification, assessment, monitoring, quantification, treatment and reporting processes
• Work closely with business to co-create plans and solutions and ensure proactive risk management is embedded in their processes
• Work closely with business and Risk Managers to flag and mitigate material risks (including IT Risk)
• Produce Risk reports highlighting areas of concern, opportunities and anything requiring further investigation
• Conduct regular interviews to assess and monitor risks
• Continuously monitor and evaluate the overall risk profile across (with a specific inclusion of IT Risk) the risk spectrum for relevant department(s) to provide a combined assurance view
• Ensure the audit plan speaks to the risks identified in the risk plan
• Identify internal and external Risk trends
• Act in an ethical, transparent and morally defensible manner, including highlighting unethical practices
• Identify financial and business risks and escalate accordingly
• Identify opportunities to enhance efficiencies and reduce wasteful expenditure
• Set the pace and tone for the Risk function and ensure everyone is focused on the right priorities
• Create a positive work climate and culture to energise team members, minimise work disruption and maximise team members productivity
• Action/ behaviour are consistent with Guardrisk’s values
• Continuously drive own professional development and engage constructively with performance feedback
• Handle stress in ways that do not negatively impact others
• Continually share, debate and communicate learnings
• Work collaboratively with others to achieve shared goals, including flagging and debating issues constructively
• Positively influence and manage change

Competencies    

• Thinks critically and connectively
• Questions and investigates
• Collabarative 
• Analytical 

Closing Date: 9th, July 2022