Durban: Risk Manager – Banking (Durban) posted by Hire Resolve
Posted on 2025-06-18 00:00:00
| Employer | Hire Resolve |
|---|---|
| Category | Other Finance/Accounting |
| Location | Kwazulu-Natal / Durban |
Job Summary
VACANCY: HEAD OF RISK MANAGEMENT / CHIEF RISK OFFICER (CRO)
Location: Head Office
Hire Resolve’s Client is seeking to hire a Risk of Management to join their team in Durban, Kingsmead.
KEY RESPONSIBILITIES
Risk Management Strategy & Framework
- Lead the development and implementation of a comprehensive risk management framework tailored to Islamic banking operations.
- Establish Key Risk Indicators (KRIs), risk tolerance levels, and reporting standards in consultation with management and Board.
- Ensure regular risk assessments, recording of risk events, and continuous updates of the risk register.
- Oversee credit, operational, liquidity, and capital risk functions while monitoring emerging risk areas such as climate risk and cyber resilience.
- Drive the integration of AI and automation into risk analysis and reporting.
- Maintain and update policies including the Enterprise Risk Management Framework, ICAAP, Recovery Plan, and RDARR Framework.
Annual Risk Functional Plan
- Develop and implement an annual departmental plan aligned with organisational objectives.
- Ensure resource allocation, KPI setting, and on-time delivery of risk projects and reports.
- Lead risk reviews, workshops, and follow-ups on mitigation strategies.
Regulatory Compliance
- Oversee the banks compliance with regulatory obligations, including RDARR, ICAAP, Recovery Planning, and other prudential standards.
- Support preparation for regulatory inspections and presentations.
- Implement recommendations from regulatory bodies and shareholder groups on areas such as liquidity and credit risk.
Strategic Risk Advisory
- Provide strategic risk input to executive management and the Board on enterprise-wide matters.
- Define and maintain the organisations risk appetite and tolerance.
- Participate in key decision-making forums to ensure risk considerations are embedded in strategy.
Internal Controls, Fraud, and Insurance
- Monitor the adequacy and effectiveness of internal control systems.
- Implement fraud prevention strategies, leveraging external partners and technology.
- Manage the organisations insurance portfolio to ensure adequate risk coverage.
Leadership and Staff Development
- Lead and mentor the Risk Management team, fostering a high-performance and compliance-focused culture.
- Drive training initiatives to strengthen risk awareness across departments.
- Implement performance management, succession planning, and staff recognition strategies.
Policy Management and Administration
- Develop, update, and align risk policies and procedures with best practices and legislative requirements.
- Ensure effective departmental budgeting, resource utilisation, and cost control.
- Provide risk reports to Executive Management and the Board Risk Committee, ensuring informed decision-making.
Internal & External Communication
- Communicate key risk insights to the Chairman of the Board Risk Committee and executive leadership.
- Coordinate regular risk forums and reporting cycles to ensure engagement at all levels.
QUALIFICATIONS & EXPERIENCE
Minimum Qualifications
- A Bachelor’s degree in Risk Management, Finance, Accounting, or a related discipline.
- Relevant certifications in risk, governance, or compliance (advantageous).
Preferred Experience
- Minimum of 5 years of experience in Banking and/or Audit, with at least 3 years in a senior management role focused on enterprise risk.
- Proven track record managing risk in a regulatory and compliance-driven environment.
- Exposure to Islamic banking principles will be highly advantageous.
Contact Hire Resolve for your next career-changing move.
- Salary: negotiable.
- Our client is offering a highly competitive salary for this role based on experience.
- Apply for this role today, contact Kay-Leen Recruiter at Hire Resolve or on LinkedIn
- You can also visit the Hire Resolve website: hireresolve.us or email us your CV: *****@*****.co.za
- Alternatively, you can also contact me directly at *****@*****.co.za
- When applying via email please use “Risk Manager – Banking” as the subject line
We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise.
Click Go Apply to apply online!
Get Similar Job Alerts
More jobs in Durban
More jobs in Kwazulu-Natal
Browse Other Finance/Accounting Jobs
Browse Hire Resolve Jobs
Apply directly for this position. Please read all instructions carefully.
We do not process job applications; we simply aggregate and display job listings.
More related positions
Durban Central: Driver Code 10 posted by Victor Crescent
The driver is responsible for providing a safe and reliable bus service and for transporting employees to and from work. He or she will also perform work...
View Job
Driver Code 10
Durban Central: Driver Code 14 posted by Victor Crescent
Victor Crescent Construction is currently looking for a driver code 14 to work on our warehouse distribution.MINIMUM REQUIREMENTSUse the Location and...
View Job
Driver Code 14
Durban Central: Forklift Operator posted by Victor Crescent
Forklift operators are responsible for operating and managing industrial trucks to load and unload materials and deliveries and move them to and from...
View Job
Forklift Operator
Durban Central: Administration Clerk posted by Victor Crescent
Our company is looking for a focused, industrious, and likable candidate to fill a vacant administrative clerk position. As an administrative clerk, you...
View Job
Administration Clerk
Durban Central: Boilermaker posted by Victor Crescent
Conduct boiler-making maintenance in the plant in order to maintain plant structural condition.Key ResponsibilitiesOperate metalworking machinery to repair...
View Job
Boilermaker
Durban Central: Construction Foreman posted by Victor Crescent
Construction Foreman to coordinate operations and oversee workers at construction sites. As the point of reference of both workers and supervisors, a key...
View Job
Construction Foreman
Durban Central: General Worker posted by Victor Crescent
Manual labourers required for new construction site on a contractual basis. You will need to be physically fit and strong. Must be hard workers as this is a...
View Job
General Worker
Durban Central: Logistics Assistant posted by Victor Crescent
We are looking for a thorough and physically strong Logistics Assistant to assist our Warehouse Manager with coordinating package deliveries. The Logistics...
View Job
Logistics Assistant
Durban Central: Millwright posted by Victor Crescent
We are searching for a talented and qualified Millwright who has proven experience with industrial and construction equipment repairs. You will be...
View Job
Millwright
Durban Central: Quantity Surveyor posted by Victor Crescent
The Quantity Surveyor will work with the property development team and will be involved in the refurbishment and fit out of existing buildings. The Quantity...
View Job
Quantity Surveyor
Durban Central: Safety Officer posted by Victor Crescent
We are looking to employ a qualified and competent Safety Officer who will be responsible for the health and safety of staff in the workplace. The Safety...
View Job
Safety Officer
Durbanville: Sales Assistant / Supervisor posted by Queue
Sales Assistant Supervisor needed - Shoe Kiosk - Tygervalley Shopping Centre Retail experience extroverted nature, sales driven Well spoken - English,...
View Job
Sales Assistant / Supervisor
Durban North: Agriculture Procurement Specialist posted by Grandeur Talent Solutions
Procurement Specialist - Agriculture Commodities, Durban North Our client a leader in manufacturing based in Durban North is seeking a Procurement...
View Job
Agriculture Procurement Specialist
Durban: New Vehicle Sales Manager posted by Intercon Recruitment
A leading and high-performing dealership in Durban is currently seeking an experienced and results-driven New Vehicle Sales Manager to join their growing...
View Job
New Vehicle Sales Manager
Durban: Business Development Executive posted by Kontak Recruitment
Business Development Executive- Branding Solutions JB5272 Durban, KwaZulu Natal R13 000 basic plus fuel and cellphone allowance and commission Category...
View Job
Business Development Executive
Durban North: Learnership Program – Call Centre posted by Urban Lifestyle Rewards
Urban Lifestyle Rewards, a well established company in Durban is offering a sales learnership program.Salary R4000pmCommission R25 000Requirements Matric...
View Job
Learnership Program – Call Centre
Outer West Durban: Health and Safety Officer posted by Thompsons Khusela Roads and Signage (Pty) Ltd
We are a dynamic and rapidly growing company with in the construction environment. We are committed to maintaining a safe and healthy working environment...
View Job
Health and Safety Officer
Durban Central: Driver/Logistics Assistant – Urgent Hire posted by Xantium Enterprises
We are seeking a reliable and safety-conscious DriverLogistics Support Assistant to support our field operations. The successful candidate will be...
View Job
Driver/Logistics Assistant – Urgent Hire
Durban North: Guillotine Operator – Urgently needed posted by Contact Print Business Forms
Experienced guillotine operator required for an A1 and A2 guillotine. Experienced guillotine operator required for a printing company in Redhil.
View Job
Guillotine Operator – Urgently needed
Durban: Occupational Therapist posted by Ikho Direct Recruitment
Locum Occupational TherapistsAre you an experienced Occupational Therapist seeking flexible locum work? We have opportunities in the Durban area with...
View Job
Occupational Therapist
Durban: Physiotherapist posted by Ikho Direct Recruitment
Urgent Locum Opportunity Physiotherapists Needed in Durban.We are urgently seeking qualified and experienced Physiotherapists to join our team, working in...
View Job
Physiotherapist
Durban: Psychologist posted by Ikho Direct Recruitment
Psychologist Opportunity Join Our Mental Health TeamWe are seeking an HPCSA-registered Psychologist to provide high-quality psychological services including...
View Job
Psychologist
Durban: The UAE is calling Hospitality Professionals posted by Fusion Human Capital
We currently have approximately 50 vacancies across our Theme Parks in Abu Dhabi, covering the following rolesThe HR Team of this leading leisure Park will...
View Job
The UAE is calling Hospitality Professionals
Durban: New Vehicle Sales Executive posted by Intercon Recruitment
New Vehicle Sales ExecutiveLocation DurbanIndustry AutomotiveTop-selling premium brand Dealership in Durban is on the hunt for driven and strong New Vehicle...
View Job
New Vehicle Sales Executive
Durban Central: Bookkeeper posted by Superior Quality Parts
Duties include, but not limited toPerform complete bookkeeping functions and daily transaction entries from branchesReconcile purchases for stock and...
View Job
Bookkeeper