Operational Risk Specialist
Listing reference: nef_000120
Listing status: Under Review
Apply by: 23 April 2025
Position summary
Industry: Financial Services
Job category: Credit Analysis and Risk Management
Location: Sandton
Contract: Fixed Term Contract
Remuneration: Market Related
EE position: Yes
Introduction
To provide support in the development & implementation of Operational Risk Management encompassing strategies, policies and frameworks within the NEF. This is a 06 months fixed-term contract position.
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 & 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.
- 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.
Minimum requirements
Qualification Requirements
- B. Com degree or other relevant qualification for the role.
- A post graduate qualification will be an added advantage.
Experience / Skills Required
- At least 3 - 5 years’ experience in ORM 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.
Personal Attributes/Behaviours/Attitudes
Behavioural Competencies
- Good Communication Skills
- Analysis and attention to detail
- Networking Skills
- Customer Service Orientation
- Self-Motivated and Self driven
- Coping with pressures and setbacks
- Negotiating and Influencing
- Decision Making skills
- Interpersonal skills
Technical Competencies
- Problem solving skills
- Report Writing Skills
- Project Management Skills
- Strong Analytical Skills
- Planning and Organising
- Consulting / Advising
- Safety and Security Orientation
- Presentation and Facilitation
- Verbal and Written Communication
The NEF is committed to the Employment Equity Act, and as such, the NEF will give preference to candidates from designated groups in terms of the EE Act and persons with disabilities.