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Operational Risk Manager

Company

Watershed Consulting

Location

durban, kwazulu natal

Posted

June 18, 2026

Position Overview

Operational Risk Manager

The Operational Risk Manager will report to the Head of Enterprise Risk. This role involves overseeing the operational risk management framework and extending to other critical risk classes including Business Continuity, Third-Party, Data, Model, Fraud, and Technology (cyber or information security) risks. The individual will be instrumental in ensuring that these risk areas are managed in compliance with South African Reserve Bank (SARB) regulatory requirements and international best practices.

Duties & Responsibilities

  • Develop and implement an operational risk management framework that aligns with SARB regulations and international standards.
  • Work with the Business on its implementation specifically of the various operational risk processes:
    • Maintain an inventory of operational risk events including incidences
    • Development of Key Risk Indicators
    • Facilitating the implementation of the Risk and ...

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