- Develop an operational risk management framework aligned with SARB regulations and international standards.
- Work with the Business on implementing operational risk processes:
- Maintain an inventory of operational risk events.
- Develop Key Risk Indicators.
- Facilitate the implementation of the Risk and Control Assessment program.
- Conduct ad-hoc change risk assessments for new initiatives.
- Oversee operational risk identification, assessment, monitoring, and mitigation across bank operations.
- Manage Business Continuity Planning to ensure bank readiness during disruptive events.
- Conduct due diligence and ongoing monitoring of third-party vendors.
- Implement data governance and model risk management practices.
- Lead the fraud risk management program, developing strategies to prevent, detect, and respond to fraudulent activities.
- Oversee technology risk management, focusing on cyber and information security.
- Collaborate with IT and business units to enhance resilience against technology-related threats.
- Prepare risk reports for senior management and relevant committees.
- Conduct training sessions to promote a risk-aware culture.
- Bachelor's degree in Finance, Risk Management, or related field; Master's degree or professional certifications highly desirable.
- Minimum 5 years' experience in operational risk management within banking or financial services, with comprehensive understanding of specified risk classes.
- Proven track record of managing various risk types.
- Deep knowledge of SARB regulations, Basel III, and international risk management standards.
- Strong analytical, organizational, and leadership skills.
- Excellent communication and interpersonal skills.
-
National Risk Manager
4 days ago
City Logistics DurbanJob Category: Credit Analysis and Risk Management · Location: Durban · Contract Type: Permanent · Remuneration: Market Related · About City Logistics · We understand supply chains and their importance in adding maximum value while providing cost-effective solutions and high servi ...
-
Store Risk Manager
1 day ago
Mr Price DurbanMr Price - Gateway, Umhlanga: The Role · To drive business growth and excellence, you will work collaboratively with the Area and Store Manager to enhance customer experience and maximize profitability. Your responsibilities will encompass ensuring the store is risk and admin-com ...
-
Goverance Risk Compliance Manager
3 days ago
Ferrero International S.A. DurbanFerrero International SA is a family-owned company with a global outlook and iconic brands such as Nutella, Tic Tac, Ferrero Rocher, Raffaello, Kinder Bueno and Kinder Surprise. We have a strong presence in more than 50 countries, with products sold in over 170 markets worldwide. ...
-
Goverance Risk Compliance Manager
3 days ago
Ferrero International S.A. DurbanAbout Ferrero International SA · Ferrero is a family-owned company with a progressive and global outlook. We are proud of our iconic brands such as Nutella, Tic Tac, Ferrero Rocher, Raffaello, Kinder Bueno, and Kinder Surprise. Our love for these brands continues to grow, and so ...
-
Goverance Risk Compliance Manager
3 days ago
Ferrero International S.A. DurbanAbout Ferrero · Ferrero is a family-owned company with a truly progressive and global outlook. Our iconic brands such as Nutella, Tic Tac, Ferrero Rocher, Raffaello, Kinder Bueno, and Kinder Surprise are loved by generations around the world. · Represented in more than 50 countri ...
- United Phosphorus Limited (UPL) Durban
Quality Assurance and Risk Management Officer · Job Summary: This position will provide Quality leadership and direction for the manufacturing operations. Develop processes and procedures to ensure adherence to quality standards of all products and processes. The role is responsi ...
- UPL-Ltd Durban
Job Title: Quality Assurance and Risk Management Officer · Location: Canelands, Durban · About UPL: · UPL is focused on emerging as a premier global provider of total crop solutions designed to secure the world's long-term food supply. Winning farmer's hearts across the globe, wh ...
-
Enterprise Risk Specialist
1 week ago
Hire Resolve DurbanRole Overview: · We are seeking an experienced Enterprise Risk Specialist from the food industry to join our team at Hire Resolve. The successful candidate will be responsible for identifying and managing business risks, designing processes, policies, and procedures to safeguard ...
-
Risk Analyst Durban
1 week ago
Watershed Consulting DurbanRisk Management Expertise · We are seeking a dedicated Risk Analyst to support our risk management team, working closely with the Head of Enterprise Risk and the Operational Risk Manager. This pivotal role enhances our risk identification, assessment, mitigation, and reporting pr ...
-
Manager, Business Acquisition
1 week ago
Standard Bank of South Africa Limited DurbanJob Title: Business Banking Executive · The successful candidate will be responsible for understanding the local market to maximize business opportunities. They will proactively acquire new risk groups within the Business segment and ensure optimal product penetration across all ...
-
Head Of Credit
1 week ago
Tumaini DurbanAbout the Role · tumaini is seeking a seasoned professional to lead its credit risk management initiatives. As the Head of Credit, you will play a pivotal role in ensuring the bank's proactive approach to credit risk management. · Key Responsibilities: · Develop and implement met ...
-
Manager, Acquisition
1 week ago
Standard Bank Group DurbanStandard Bank Group: · A leading Africa-focused financial services group and an innovative player on the global stage. We offer a variety of career-enhancing opportunities to work alongside talented professionals. · Job Role: · We are seeking a Mid-Senior Level professional to ac ...
-
Senior Betting Risk Analyst x 2
3 days ago
Hollywoodbets DurbanAt Hollywoodbets, we're looking for talented individuals to join our Purple Team and help us reach new heights. · We have an exciting opportunity for a Senior Betting Risk Analyst to be based in Umhlanga, Durban. If you think you've got what it takes to shine as one of our Purple ...
-
Head, Regional Credit
6 days ago
Standard Bank Group DurbanTo lead and manage credit evaluation and risk management teams that support the growth of our Premium, Growth & Enterprise Portfolio assets in a Local Market within KZN. · Key Responsibilities · Comprehensive Credit Risk Management · We require an experienced leader to comprehens ...
-
Senior Betting Risk Analyst x 2
4 days ago
Hollywoodbets KwaZulu-NatalHollywoodbets is one of South Africa's biggest success stories. From humble beginnings in Durban, the company has grown into a powerhouse brand operating across Africa and the United Kingdom. · The successful candidate will be responsible for analysing betting and financial infor ...
-
It Governance Manager Durban
5 days ago
LevelUp (Pty) Ltd DurbanKey Objective · The IT Governance Manager's primary goal is to promote and support the consistent application of project management processes, methodologies, and terminology across all technology-related projects, enhancing overall project delivery, customer satisfaction, project ...
-
Safety and Security Officer
1 week ago
University of Fort Hare DurbanThe Safety and Security Officer will be responsible for the Occupational Health, Safety and Environment of the University of Fort Hare premises. This includes providing after-hours support for client queries and ensuring the site is secure. · This role involves physical security ...
-
Senior Betting Risk Analyst x 2
2 days ago
Hollywoodbets Durban Full timeJob Title: Senior Betting Risk Analyst · Job Summary: · We are seeking a highly skilled Senior Betting Risk Analyst to join our team in Umhlanga, Durban. The successful candidate will be responsible for analysing betting and financial information to optimise risk reporting and ri ...
-
GRC Analyst
15 hours ago
SHARON NUROCK RECRUITMENT CC Durban**Security Governance, Risk and Compliance (GRC) Analyst Role** · We are seeking an experienced Security Governance, Risk and Compliance (GRC) Analyst to join our team. The successful candidate will work closely with Senior Management to execute a compliance strategy focused on m ...
-
Risk Admin Controller
1 week ago
Speciality DurbanRisk Admin Controller Opportunity · We are seeking a highly motivated and experienced Risk Admin Controller to join our team in Durban Springfield, KwaZulu-Natal. · As a key member of our operations team, you will be responsible for implementing and executing our Operations Risk, ...
Operational Risk Manager - Durban - Watershed Consulting

Description
Operational Risk Manager
The Operational Risk Manager will oversee the operational risk management framework and other critical risk classes including Business Continuity, Third-Party, Data, Model, Fraud, and Technology risks. The individual will ensure that these risk areas are managed in compliance with South African Reserve Bank (SARB) regulatory requirements and international best practices.
Duties & Responsibilities
Desired Experience & Qualification
About Watershed Consulting
We are a leading consulting firm dedicated to providing expert solutions in operational risk management.
Contact Information
Please note that we do not accept unsolicited resumes or applications via email. All recruitment inquiries should be directed to our careers portal.
-
National Risk Manager
City Logistics- Durban
-
Store Risk Manager
Mr Price- Durban
-
Goverance Risk Compliance Manager
Ferrero International S.A.- Durban
-
Goverance Risk Compliance Manager
Ferrero International S.A.- Durban
-
Goverance Risk Compliance Manager
Ferrero International S.A.- Durban
-
Quality Assurance and Risk Management Officer
United Phosphorus Limited (UPL)- Durban
-
Quality Assurance and Risk Management Officer
UPL-Ltd- Durban
-
Enterprise Risk Specialist
Hire Resolve- Durban
-
Risk Analyst Durban
Watershed Consulting- Durban
-
Manager, Business Acquisition
Standard Bank of South Africa Limited- Durban
-
Head Of Credit
Tumaini- Durban
-
Manager, Acquisition
Standard Bank Group- Durban
-
Senior Betting Risk Analyst x 2
Hollywoodbets- Durban
-
Head, Regional Credit
Standard Bank Group- Durban
-
Senior Betting Risk Analyst x 2
Hollywoodbets- KwaZulu-Natal
-
It Governance Manager Durban
LevelUp (Pty) Ltd- Durban
-
Safety and Security Officer
University of Fort Hare- Durban
-
Senior Betting Risk Analyst x 2
Full time Hollywoodbets- Durban
-
GRC Analyst
SHARON NUROCK RECRUITMENT CC- Durban
-
Risk Admin Controller
Speciality- Durban