Johannesburg: Senior Operational Risk Manager

Senior Operational Risk Manager A highly regarded investment and savings business is appointing a Senior Operational Risk Manager to take full ownership of its operational risk and compliance environment across investment and operational processes. This is a hands-on, senior role reporting directly into the COO, with regular exposure to Exco, Risk and Audit Committees. The mandate is clear: embed a robust operational risk framework, strengthen regulatory compliance, and elevate risk culture across the business. This role is not suited to generalist compliance managers or candidates outside the investment/savings space. The technical brief (read this carefully): You will be accountable for end-to-end operational risk management within an investment environment, including: Owning and embedding the Operational Risk Management Framework (RCSAs, KRIs, incident & loss event management, issue tracking) Managing regulatory compliance across POPIA, FAIS, FIC Act, CISCA, Pension Funds Act (incl. Reg 28 & Board Notices), FSCA conduct standards and related guidance Coordinating incident, breach and mandate deviation management, including root cause analysis, remediation and senior-level reporting Maintaining and governing the enterprise-wide risk register Preparing clear, decision-useful risk, compliance and governance reporting for Exco, Risk Committee, Audit Committee and Boards Leading operational risk input into audits, regulatory reviews and remediation initiatives Key areas of exposure required: Reviewing investment management agreements (IMAs), fund documentation and service provider contracts from an operational risk and regulatory perspective (non-legal) Managing third-party, outsourcing and vendor risk, including operational due diligence on administrators, custodians, asset managers and technology providers Overseeing the policy environment drafting, maintaining and embedding risk, compliance and governance policies Coordinating the FAIS compliance relationship, including Key Individuals, Representatives and ongoing FAIS obligations Designing and delivering staff compliance and risk training Actively promoting a strong risk culture, with the confidence to challenge senior stakeholders constructively What will make you a fit (non-negotiable): Minimum 5 years experience within the investment and savings industry (asset management, investment administration, pension fund administration or similar) Demonstrated, practical experience applying: RCSAs Incident & breach management Control testing KRIs Solid, working knowledge of South African investment-related legislation and FSCA requirements Experience engaging confidently with senior management, Exco and governance committees Strong written and verbal reporting capability, this role lives in detail and insight Qualifications: Relevant undergraduate degree (Law, Finance, Business or similar) Postgraduate qualification and/or professional certifications in risk, compliance or investments are advantageous Candidates who meet the requirements are encouraged to apply directly to the vacancy.