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Century City: Operational Risk Manager posted by FROGG Recruitment

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Job Description

About the Role

Our client, FROGG Recruitment, is seeking an experienced Operational Risk Manager to join their team in Century City. The successful candidate will be responsible for identifying, assessing, and mitigating operational risks across the business, strengthening controls, and enabling resilient operations.

Key Responsibilities

  • Maintain and evolve the operational risk framework, policies, and standards to align with enterprise risk appetite and regulatory expectations
  • Conduct operational risk assessments, process risk mapping, and control effectiveness reviews across business units
  • Lead incident and loss event investigations, rootcause analysis, and remediation tracking; report trends and loss drivers to senior management
  • Define, monitor, and report key risk indicators (KRIs); escalate threshold breaches and emerging operational risk issues
  • Manage thirdparty/vendor risk assessments and oversight, including due diligence, contract risk clauses, and performance monitoring
  • Own business continuity planning (BCP) and crisis response exercises, ensuring recovery plans are tested and maintained
  • Plan and execute control testing and risk assurance activities; coordinate with Internal Audit and Compliance on remediation actions
  • Provide challenge and input on change initiatives, process redesign, and system implementations to ensure operational risk is identified and mitigated
  • Prepare regular operational risk reporting and actionable insights for the risk committee, executive team, and business leaders
  • Drive risk awareness and embed operational risk practices through training, guidance, and stakeholder engagement
  • Support regulatory engagements and ensure compliance with relevant operational risk-related regulations and guidance

Requirements

  • 58 years of experience in operational risk, risk management, control, internal audit, or process improvement roles (banking, financial services, asset management, or large corporates)
  • Demonstrable experience in operational risk assessments, loss event management, BCP, and vendor/thirdparty risk
  • Bachelor’s degree in Commerce, Finance, Engineering, Risk Management, or related discipline; postgrad or professional qualifications advantageous
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Qualifications

  • Completed LLB Degree
  • Certified Risk Manager (CRM) or Chartered Enterprise Risk Actuary (CERA) certification an advantage

Salary & Benefits

Market-related salary. Permanent office-based position.

[DO NOT include a “How to Apply” section – this is added automatically]

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

About Other IT/Computer Jobs in Western Cape

The Western Cape, situated on the south coast of South Africa, is home to a thriving IT industry that offers a diverse range of career opportunities for professionals with expertise in various fields.

The job market in the Western Cape is highly competitive, with many major companies and startups operating in the region. The province’s strategic location, combined with its well-developed infrastructure, makes it an attractive hub for businesses looking to establish themselves in Africa. As a result, there is a high demand for skilled IT professionals who can support the growth of these companies.

The average salary ranges for IT professionals in the Western Cape are as follows: software engineers and developers can expect to earn between R800 000 to R1 200 000 per annum; data scientists and analysts can range from R600 000 to R900 000; cybersecurity specialists can earn anywhere from R500 000 to R800 000; and IT project managers can command salaries ranging from R400 000 to R700 000. These figures are based on industry standards and may vary depending on factors such as experience, qualifications, and company size.

To succeed in an IT career in the Western Cape, professionals need to possess a range of key skills, including programming languages (Java, Python, C++), data structures and algorithms, software development methodologies, cloud computing (AWS, Azure, Google Cloud), cybersecurity principles, and excellent communication skills. Additionally, knowledge of industry-specific tools and technologies, such as SAP or Oracle, can be highly valued.

Several major companies and industries are actively hiring IT professionals in the Western Cape. For example, tech giants like IBM and Dell have a strong presence in the region, while financial institutions such as Standard Bank and First National Bank also have significant IT departments. The automotive industry is another major sector that employs IT professionals, with companies like Toyota and Volkswagen having operations in the province.

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Career growth opportunities are plentiful for IT professionals in the Western Cape, with many companies offering training and development programs to help employees upskill and reskill. With experience, professionals can move into senior roles such as technical lead or manager, or transition into related fields like business analysis or consulting. The region’s entrepreneurial spirit also makes it an ideal location for startups, providing opportunities for IT professionals to launch their own businesses or join innovative companies that are shaping the future of technology.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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