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SOUTH AFRICAN POST OFFICE (SAPO) - MANAGER: OPERATIONAL RISK
SOUTH AFRICAN POST OFFICE (SAPO)
INTERNAL & EXTERNAL
Job Title: Manager: Operational Risk (L5/6)
(Position based in NPC, Pretoria)
Reports to: Head Operational Risk
Summation
Support the Head of Operational Risk in executing Operational Risk Management Strategy. The incumbent will be responsible in assisting the organization in terms of mitigating risks arising from internal processes, people, and systems.
• Facilitate compilation and maintenance of operational risk management policies, procedures and methodologies in line with all statutory & regulatory requirements, best practice standards and business practices.
• Perform operational risk identification and assessment in various business units across the bank. Identify control gaps and recommend on how to fill these.
• Implement effective operational process and procedures with appropriate controls to ensure compliance with all relevant legislation.
• Implement plan/s to prevent, eliminate and mitigate operational risks.
• Guide and monitor accurately reporting on control effectiveness, status of the risks and progress of corrective action implementation
• Develop strong and effective relationship with all relevant stakeholders by addressing issues/concerns in timely manner.
• Monitor and report on operational risk management and compliance issues where indicators prompt attention/involvement.
• Track and monitor Operational risk issues for business units.
• Embed risk management and compliance awareness and training by establishing, facilitating, co-ordinating and guidance.
• Report operational risk issues and decisions to senior management on regular basis.
• Ensure that Business Continuity Management (BCM) plans, processes and procedures are up-to-date and implemented.
• Track and report on the business remedial actions on open audit items.
• Build trend and scenario analysis based in historical date and world best practice,
• Capture and track loss data in terms of the 7 OR categories and international OLX methodologies.
Minimum Requirements
• Minimum an appropriate qualification (NQF Level 6) E.g. Risk Management, Auditing, Project and Program Management
• Certification in Governance, Risk Management
• Minimum of 3- 5 years applicable experience
Knowledge and understanding of:
• Sound knowledge of risk management best practices and methodologies such as IRMSA standards, Banks act regulations and ISO standards
• Knowledge of legislation, regulations, internal policies and procedures Operations with specific reference to the Public Finance Management Act, Risk assessment methodologies with specific reference to risk identification, cause analysis, risk control and mitigation strategies as well as risk reporting
• Project and Programme Management principles
Skills and Attributes:
• Ability to conduct Operational Risk Assessments (ORA’s)
• Project Management
• Problem solving
• Self-driven and able to pursue a vision and objectives with tenacity and without supervision
• Self-starter with initiative
• Track and monitor Operational risk issues for business units.
• Embed risk management and compliance awareness and training by establishing, facilitating, co-ordinating and guidance.
• Report operational risk issues and decisions to senior management on regular basis.
• Ensure that Business Continuity Management (BCM) plans, processes and procedures are up-to-date and implemented.
• Track and report on the business remedial actions on open audit items.
• Build trend and scenario analysis based in historical date and world best practice,
• Capture and track loss data in terms of the 7 OR categories and international OLX methodologies.
Minimum Requirements
• Minimum an appropriate qualification (NQF Level 6) E.g. Risk Management, Auditing, Project and Program Management
• Certification in Governance, Risk Management
• Minimum of 3- 5 years applicable experience
Knowledge and understanding of:
• Sound knowledge of risk management best practices and methodologies such as IRMSA standards, Banks act regulations and ISO standards
• Knowledge of legislation, regulations, internal policies and procedures Operations with specific reference to the Public Finance Management Act, Risk assessment methodologies with specific reference to risk identification, cause analysis, risk control and mitigation strategies as well as risk reporting
• Project and Programme Management principles
Skills and Attributes:
• Ability to conduct Operational Risk Assessments (ORA’s)
• Project Management
• Problem solving
• Self-driven and able to pursue a vision and objectives with tenacity and without supervision
• Self-starter with initiative
CONTACTS
The South African Postbank SOC Limited is committed to the achievement and maintenance of diversity and equity in employment, especially with regard to race, gender and disability. In compliance with the banks employment equity plans, first preference will be given to candidates from designated groups. Correspondence will be limited to short listed candidates only.
If you wish to apply, please forward your Curriculum Vitae (CV) to recruitmentLM@postbank.co.za
Please indicate in the subject line the position you are applying for.
Closing date: 5 May 2021
Position numbers: 60059110
Cost Centre: 50800
If you do not hear from the South African Postbank SOC Limited or its Agent within 3 months of this advertisement, please accept that your application has been unsuccessful. The South African Postbank SOC Limited reserves the right not to fill the positions or to re-advertise the positions at any time.