Operational Risk Analyst (Insurance Sector)

 

Recruiter:

Kamo Placements

Job Ref:

JHB000828/m

Date posted:

Monday, February 21, 2022

Location:

Pretoria, South Africa

Salary:

0 Annually


SUMMARY:
Being involved in operational duties associated with on- and off-site analysis as well as being part of a team of risk analysts who are responsible for providing expert knowledge, skills and experience in the operational risk management area.

JOB DESCRIPTION:

JOB DESCRIPTION
  • Participate in supervisory practices in relation to operational risk in regulated entities, including inspecting regulated entities’ risk appetite and management practices with respect to operational risk.
  • Ensure regulated entities’ compliance with regulations governing operational risk.
  • Develop methods to analyse and interpret risk-based regulatory data submissions.
  • Monitor regulatory entities’ exposure to operational risk, as reported to the PA under the various operational risk approaches.
  • Give input and possible participation in internal capital-adequacy assessments/own risk self-assessments (ORSA) of regulated entities in relation to operational risk.
  • Provide input and participate in recovery and resolution assessments of regulated entities in relation to operational risk.
JOB REQUIREMENTS
  • A Bachelor’s degree in Banking, Risk Management, Finance, Accounting or Auditing;
  • Five to eight years’ relevant working experience in the insurance sector.
 
The following would be an added advantage:
  • A postgraduate qualification in any of the aforementioned, FRM or PRM certification.

 

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