Senior Operational Risk Manager Sandton Johannesburg

Our financial services client seeks an Operational Risk Manager with strong experience in financial services / investment / savings. The role will lead the design, implementation and continuous improvement of the firm’s operational risk and compliance framework across investment and operations, with Regulatory compliance, etc.

Salary: Market Related CTC.

Minimum requirements

Bachelor’s degree in law, finance, or a related field

Relevant postgraduate qualification is an advantage.

Professional certifications in risk, compliance or investments are beneficial.

At least 5 years’ experience in the investment and savings industry, ideally within asset management, investment administration, pension fund administration or similar.

Proven application of operational risk methodologies in an investment/asset management context (e.g., RCSA, incident management, control testing, KRIs).

Experience reviewing investment management agreements, fund documentation and outsourcing/service provider contracts from a risk and compliance perspective (without providing legal advice).

Excellent written and verbal communication skills, capable of producing clear reports and presenting to senior stakeholders and committees.

Strong analytical and problem-solving capability with keen attention to detail.

Highly organised, self-driven and results-oriented, able to manage multiple priorities.

Project management experience, including leading or supporting regulatory, remediation or change initiatives.

Ability to influence and constructively challenge at senior levels, including Exco, Risk Committee and Board sub-committees.

Familiarity with investment and savings industry practices, operating models and professional standards.

Regulatory knowledge and practical exposure required (POPIA, FAIS, FIC Act, CISCA, Pension Funds Act, FSCA conduct standards, NCA, etc.

Key responsibilities

Compliance, legislation and governance: interpret and embed applicable laws and standards; advise business on compliance obligations.

Operational risk framework and tools: develop, implement and enhance RCSA, control testing, KRIs and related tools; ensure effective risk identification and monitoring.

Incident, breach and issue management: oversee incident logging, investigation, remediation and reporting; drive root-cause analysis and control improvements.

Legal and contract risk: review investment agreements, fund documentation and outsourcing contracts from a risk and compliance lens (no legal opinions).

Third-party, outsourcing and operational due diligence: assess and monitor service providers, oversee onboarding and ongoing oversight, and manage related risks.

Policy environment: maintain and govern the policy and standards suite; coordinate updates and training.

Governance, reporting and risk culture: prepare high-quality reports and MI for Exco, Risk Committee and Board sub-committees; champion a strong risk culture across the organisation.

Please apply online

FROGG Recruitment