Officer, Risk Execution
Officer, Risk Execution
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
The Officer Risk Execution is responsible for supporting the Risk Execution Manager in overseeing assessing and conducting physical sample testing on key risk compliance and regulatory controls within the assigned Area Region or Province. The role is pivotal in safeguarding the Bank by rigorously testing evaluating and continuously strengthening the risk control environment across cash and foreign exchange (forex) operations. It requires a strong technical understanding of Exchange Control (EXCON) regulations South African Reserve Bank (SARB) cash-handling requirements and branch-level forex processesincluding teller operations ATMs bulk cash forex drafts travellers cheques and forward contracts.
Qualifications :
- Bachelors Degree in Banking Finance Risk Management Compliance Internal Audit or a related field.
- Formal training or certification in Exchange Control Regulations SARB compliance or Forex product knowledge will be advantageous.
Experience Required:
- 57 years branch banking experience in forex functions including teller treasury and cash operations with a deep understanding of exchange rates Exchange Control (EXCON) regulations and their impact on transactional banking.
- Strong knowledge of retail and commercial foreign exchange products (e.g. foreign currency accounts bank drafts travellers cheques forward exchange contracts international remittances) and the ability to interpret exchange control rulings and SARB circulars practically.
- Proven expertise in managing operational risk within the forex and cash environment including control testing compliance monitoring exception reporting and remediation of audit and assurance findings.
- Experience driving risk execution frameworks conducting sample testing of critical controls and ensuring compliance with regulatory requirements (e.g. KYC FAIS PoPI data privacy) within Personal and Private Banking branch contexts.
- Strong stakeholder engagement and communication skills with the ability to analyse risk data provide actionable insights embed standard operating procedures and support operational excellence and business continuity.
Additional Information :
Behavioural Competencies:
- Adopting Practical Approaches
- Articulating Information & Providing Insights
- Interpreting Data & Checking Things
- Developing Expertise
- Establishing Rapport
- Managing Tasks
- Producing Output
- Resolving Conflict
Technical Competencies:
- Coaching and Mentoring
- Compliance
- Evaluating Risk Management Effectiveness
- Fraud Detection and Management
- Promote Good Governance Risk & Control
- Risk Awareness
- Risk Identification
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
