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Risk Specialist (Senior)

Discovery Limited Gauteng 10 days ago
Full-time
Banking, Insurance, Stockbroking

Key Purpose

The Key Purpose is to support the risk management function in the Life and Invest business by delivering against and facilitating the risk management programme and activities.

Areas of responsibility may include but not limited to

Consistent, on time delivery of the risk reporting requirements for the Corporate Employee Benefits

Chairing and presenting and Risk Executive Committees.

Stakeholder management - ensuring the accurate reporting of risk exposures within the various business functional units through regular formal engagement with management.

Managing the risk profiles of the Group Risk and Umbrella Funds businesses to ensure the information on the profiles is up-to-date, relevant and an accurate representation of the business environment.

Performing risk assessments as required by the risk management plan.

Supporting the Head of Risk in delivering on the Risk Management plan for the Life licence businesses.

Providing technical risk management support in business meetings, and risk reviews.

Provide input into Risk Management strategy and policies.

Promoting a strong risk management culture within the business through engagement, challenge of risk information.

Supporting and guiding junior staff.

Education and Experience

Essential:

Matric

BCom, BSc (Risk Management or Finance) from an accredited institution

5 years' work experience in a risk management or related position

Advantageous:

Risk Management degree

3 years' work experience as a Risk Manager

Technical Skills and Knowledge

Essential:

Understanding of relevant regulations and compliance requirements applicable to the SA financial sector

Strong analytical and communication skills

Ability to manage projects related to risk assessment, mitigation, and compliance

At least 3 years of insurance and/ or investment platform experience

Advantageous:

Familiarity with risk management frameworks such as COSO, ISO 31000, or NIST.