Risk Analyst - Operations, Servicing & IT at Old Mutual Limited

Cape Town, Western Cape, South Africa -

Full Time

Start Date

Immediate

Expiry Date

27 Sep, 26

Salary

0.0

Posted On

29 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Internal Audit, Internal Control Design, Stakeholder Management, Analytical Skills, Critical Thinking, Financial Acumen, Business Insight, Operational Risk Management, Compliance Standards, Risk Assessment, Reporting

Industry

Financial Services

Description

Let's Write Africa's Story Together! Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this. Job Description An exciting opportunity exists for a Risk Analyst to take the next step in their career within the Enterprise Risk Management (ERM) team in OML Group Risk. This Cape Town–based Line 2 role reports to a Senior Risk Officer and offers exposure to enterprise-wide risk management, senior stakeholders and Board-level governance. The role is specifically suited to a candidate with strong understanding of risk and control requirements, including assurance work. The Risk Analyst role will report to the Snr Risk Officer: Operational Risk Personal Finance. 80% of the work allocation will be in support of the deliverables of the line manager. The remainder of the work allocation will be to support the broader Operations, Servicing & IT team. Key Result Areas Delivery of Services Ensures that risk management processes (identify, measure, respond, monitor and report risk) are implemented at business unit level. Provides support to business unit management in carrying out risk-related responsibilities and influence risk-based decision making Provides support & assistance to management across the value chain to embed risk management. Customer Supports the operational management across the Institutional value chain; Participate and facilitate risk and control workshops; Build relationships with operational management across the Institutional value chain; Assists with challenging line 1 on the risk and control environment; and Builds and maintains relationships with risk owners, risk events owners and control owners. Operations Contribute to reports by consolidating and analyzing information and highlighting potential risks. Ensure governance and compliance standards are met by recording risk assessment outcomes on system for future reference. Highlight system and work obstacles to management by reporting and escalating operational problems and by ensuring maintenance and/or improvement of service delivery to stakeholders Centre of Excellence Activities Contribute to one or more ERM Centre of Excellence initiatives, including operational risk management activities. Participate in risk deep-dives and thematic reviews. Requirements: Skills, Qualifications, Experience required Related tertiary qualification in risk / internal audit or related area. 1 – 3 years’ relevant experience in Financial Services. Understanding and appreciation of Risk Management Methodology and Tools is mandatory. Internal Control design and assessment experience is mandatory. Stakeholder management experience at a middle management level would be advantageous. Life Insurance experience would be advantageous. The ability to perform under pressure, related to both time and consequence. The ability to interact and work with different teams across a diverse front. Strong forward-thinking and analytical skills. Pragmatic and numerate. Logical thought processes and critical thinking skills. na Skills Competencies Business Insight Communicates Effectively Courage Decision Quality Ensures Accountability Financial Acumen Instills Trust Manages Complexity Education Bachelors Degree (B) (Required) Closing Date 03 July 2026 , 23:59 The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question. The Old Mutual Story! Old Mutual is a premium African financial services organisation that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries. The lines of business include Life and Savings, Property and Casualty, Asset Management and Banking and Lending. We are rooted in our purpose of Championing Mutually Positive Futures Every Day and believe that a great customer experience is anchored in a great employee experience.

Responsibilities

Implement risk management processes to identify, measure, and monitor risks within the business unit. Support operational management in embedding risk controls and contribute to enterprise-wide risk reporting and governance.