WesBank – Operational Risk Specialist

Posted on :

28 Jan, 2014

Category :

Finance Jobs in South Africa, General Jobs in South Africa

Advert Code: 97/13
Segments: WB Risk
Business Units: WB Enterprise Risk
Department: Operational Risk
Occupational Level: Middle Management (C1)
Location: Fairland

Role Purpose:
The role of the Operational Risk Specialist is to ensure that risk management programmes are designed to identify risk exposures at a process level and to perform a risk assessment to determine the residual risk. The role involves effective implementation of risk assessment programmes so that management can be provided with accurate risk information for effective decision-making on internal controls. It includes collecting risk information and drafting reports to management on losses and risk exposures. The risk specialist must engage all stakeholders in the business in ensuring that potential risks to the business are identified and being managed. The candidate must have a dynamic character, spend time understanding business and be prepared for robust discussions around risk in the business. The Operational Risk Specialist is required to assist business in finding solutions to challenges as they arise over and above helping business identify and classify risks appropriately.


Minimum Requirements
3 to 5 years experience in business operations. Prior experience in Auditing and Risk Management is recommended
Experience in risk identification and assessment.
Evaluation of controls in business processes.
Experience in reading financial statements.
Understanding the role of credit assessment.
Understanding of risk identification and assessment
Review of processes and controls
An understanding of legislation and its impact in the retail and credit environment is recommended

A BComm degree, preferably with a financial background or a Risk related Diploma is required.

Role Outputs:
Behavioral Competencies Required:

Analysis and Attention to Detail
Conflict Management
Influence and Impact on Business Partners
Strong Communication Skills
Judegement and Decision-Making
Drive and results Focus (incl. Ownership and Accountability)
Building Relationships

Technical Skills Required:

Relevant governance, policy and risk frameworks and processes (e.g. Basel)
Relevant financial knowledge and skills
MS Office suite (Word, Excel and PowerPoint)
Risk analytics tools and processes


Click here to apply online

Applications accepted until: 29th of Jan, 2014

Equity Statement:
WesBank is an equal opportunity employer and is committed to our policy on Employment Equity. Please note all applications will be evaluated in line with the Employment Equity Plan
Declaration Of Interest:
Please note that any declaration will not influence your chance of successful employment unless a conflict of interest is identified that has a direct impact to the role functions or outputs. Furthermore please be aware that you may be required to declare all of your interests prior to employment.

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