Specialist: Operational Risk at Capitec Bank

Purpose Statement

To provide specialist expertise and enable proactive and effective risk identification, assessment and management in Operations through:

• Developing and running the implementation of operational risk policies, frameworks and standards 
• Develop risk management practices designed to identify risk exposures at a process level
• Effectively implementing risk assessment practices so that management can be provided with accurate risk information for effective decision-making on internal controls. 
• Collecting risk information and drafting reports to stakeholders on risk exposures. 

Experience

Minimum:

• At least 5 years’ experience in Risk Function
• At least 1 year in an Operational Risk environment
• Proven experience in:
• Risk and control knowledge
• Conducting risk and control self-assessments
• Risk report writing

Ideal:

• +5 years’ experience in Risk Function
• +1 year in an Operational Risk environment
• Experience in a financial services / banking environment would be beneficial

Qualifications (Minimum)

• Bachelor's Degree in Risk and Compliance or Economic and Management Sciences

Qualifications (Ideal or Preferred)

• Honours Degree in Risk and Compliance or Economic and Management Sciences

Knowledge

Minimum:

• Risk and control knowledge
• Basic understanding of key business processes and functions and an understanding of key risks in these areas
• Risk management frameworks (ISO 31000 / COSO / BASEL II & III)
• Principles for sound management of operational risk 
• Risk and Control Self-Assessments
• Report writing

Ideal:

• Basic understanding of banking industry (SARB regulations and banking standards)
• Data and Analytics

Skills

• Communications Skills
• Computer Literacy (MS Word, MS Excel, MS Outlook)
• Decision making skills
• Interpersonal & Relationship management Skills
• Problem solving skills