Job Purpose<\/p>\n
\tThe Risk Analyst will support the Enterprise Risk Management (ERM) function by executing operational risk assessments, performing control design and operating effectiveness testing, and supporting assurance reporting to management and Combined Assurance forum. The risk analyst will report to the Operational Risk Manager.
\n\tThe role will play a key part in the implementation and ongoing execution of the Risk Assessment and Control Testing framework, ensuring risks are accurately assessed, controls are effectively tested, and issues are appropriately tracked and reported.<\/p>\n
Areas of responsibility may include but not limited to<\/p>\n
\tExecute risk and control self-assessments (RCSAs) across business areas in line with the ERM methodology.
\n\tPerform design effectiveness and operating effectiveness testing of key controls.
\n\tAssess control performance against defined criteria and testing standards.
\n\tAssist in raising issues and actions in the risk\/issues management system.
\n\tSupport tracking, monitoring, and follow-up of remediation actions.
\n\tCapture and maintain risk assessments, controls, issues, and actions on the risk management system. Ensure data quality, completeness and consistency.
\n\tPrepare control testing output reports and supporting documentation.
\n\tContribute to Combined Assurance and management reporting.
\n\tIdentify and map out controls within the Bank processes and identify any control and process weaknesses.
\n\tInteract with the business to identify practical solutions to mitigate risk and address control and process weaknesses.
\n\tMonitor and report on loss event data and perform loss or risk incident investigations.
\n\tWork closely with other risk officers, risk champions and assurance providers to ensure alignment of risk activities and sharing of knowledge.
\n\tWork closely with the Internal Audit and Compliance Functions as well as other assurance providers to provide a combined assurance assessment of the risk management within business.<\/p>\n
Role Specific Behaviors<\/p>\n
\tEnsures accountability
\n\tAction orientated
\n\tCommunicates effectively
\n\tBuild network
\n\tPlans and aligns
\n\tStrategic mindset<\/p>\n
Education and Experience<\/p>\n
Required:<\/p>\n
\tBachelor\u2019s degree or Diploma in Finance, Risk Management, Auditing or a related field<\/p>\n
Preferred (would be advantageous)<\/p>\n
\tRelevant Accounting qualification is advantageous<\/p>\n
Technical Skills or Knowledge<\/p>\n
Required:<\/p>\n
\tA sound knowledge of the financial \/ retail banking industry, the mechanics of its operation and its trends. Familiarity with banking specific and other relevant legislation and regulations (e.g. Banks Act, Basel, TCF, POPI, PCI) is useful
\n\tControl design and operating effective testing
\n\tEvidence-based assurance approaches
\n\tRisk and issue documentation
\n\tStrong report writing and documentation skills
\n\tMicrosoft Excel, Word, PowerPoint
\n\tSolid understanding of risk management methodologies
\n\tMust be a strong communicator with excellent writing skills
\n\tMust be able to critically evaluate business information
\n\tStrong presentation and facilitation skills
\n\tMust be able to work autonomously and within a team<\/p>\n
Preferred (would be advantageous)<\/p>\n
\tWorking knowledge of GRC (Governance, Risk and Compliance) systems is an advantage<\/p>\n
go to method of application \u00bb<\/p>\n
Apply via company website ( ) or<\/p>\n
<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"","_company_name":"Discovery Limited","_company_website":"","_company_tagline":"","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job_listing_region":[11],"job-types":[12],"class_list":{"0":"post-32008","1":"job_listing","2":"type-job_listing","3":"status-publish","4":"hentry","5":"job_listing_region-gauteng","7":"job-type-full-time"},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings\/32008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/users\/2"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/media?parent=32008"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job_listing_region?post=32008"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/southafrica\/wp-json\/wp\/v2\/job-types?post=32008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}