Operational Risk Specialist
Listing reference: nef_000178
Listing status: Online
Apply by: 21 May 2026
Position summary
Industry: Financial Services
Job category: Credit Analysis and Risk Management
Location: Sandton
Contract: Permanent
Remuneration: Market Related
EE position: Yes
Introduction
To provide support in the development and implementation of Operational Risk Management (ORM) encompassing strategies, policies and frameworks within the NEF.
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.
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