Risk Analyst
Job Purpose:
- The
Risk Analyst is responsible for assisting the Risk Manager in identifying,
assessing, mitigating and reporting risks and control gaps. The scope of
work also includes enhancing the risk management culture through awareness
training, supporting business continuity tests and third party risk
assessments.
- The
Risk Analyst reports to the Risk Manager within the Risk & Compliance
Department and works closely with respective functional heads and risk
champions to implement risk management tools and close agreed action plans.
Key responsibilities:
- Reviewing
and updating of risks.
- Reviewing
of implementation of risk limits and tools and ensuring escalation
mechanisms are established and are being used.
- Maintaining
processes for defining mitigating actions and monitoring their
implementation as it relates to risk management.
- Carrying
out identification of risk and implementing agreed treatment of emerging
risks.
- Monitoring
of key risk indicators.
- Support
third party risk management process and initiatives.
- Support
in Business Continuity Management.
- Conducting
staff training programs that build risk awareness within the Group.
- Assist
in Administration of the risk management system.
- Delegated
authority as per the approved delegated authority matrix.
Key Performance Measures:
As described in your Personal Scorecard.
Knowledge, experience
and qualifications required:
- Bachelor’s
degree in business, finance or related field.
- Professional
certifications in Risk Management, Actuarial Science and any other
relevant professional qualification desired.
- 2
– 4 years’ experience in risk management.
Technical/ Functional
competencies:
- Risk
assessment techniques.
- Risk
response strategies.
- Excellent
organizational and analytical skills.
- Report
writing skills.
Leadership category
responsibility framework (Core Competencies):
Emerging
Leaders in Britam need to:
- Plan,
direct and apply efficiencies and resources in order to optimize output
and profitability against time, cost and team targets.
- Effectively
communicate strategic and operational departmental goals and objectives to
peers and others in order to ensure proper implementation.
- Ensure
that department priorities are adhered to and effectively communicated.
- Ensure
competent and effective people resources through appropriate coaching,
development and people supervision as appropriate.
- Embody
a high performance, proactive culture.
- Effectively
ensure the adherence to key performance areas, deadlines and goals in
order to optimise operational effectiveness.
- Effectively
communicate resource needs, possible opportunities and achievements to
management in order to aid them in their decision-making.
- Effectively
set and monitor priorities and objectives for more junior staff.
- Understand
and communicate objectives in relation to the larger organizational impact.
- Effectively
disseminate knowledge within the correct context, towards subordinates as
well as management.
- Appropriately
model the company values while setting the pace and energy for delivering.
- Effectively
manage and communicate change within the department in order to increase
staff and process effectiveness.
- Provide
access to accurate and consistent information and services across all
channels.
- Ensure
a seamless experience for clients.
- Improve
service delivery for clients.
- Engage
in continuous brand building to become the trusted partners to clients.