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Operational Risk Officer
Lesaka Technologies Inc.
South Africa,
Lesaka, a growing African Fintech, focussed on driving financial inclusion for all - is on the hunt for a passionate, dynamic team member to join us and help shape the future...We are Lesaka, a proudly African financial technology company.“Lesaka” means “kraal” in seSotho and seTswana. A “kraal” protects the most valuable assets of a community, their livestock. At Lesaka we work hard to protect the financial wellbeing of our communities, our customers and merchants. Our mission is to champion financial inclusion and open new possibilities for underserved customers and merchants across Southern Africa. If you care about making a real difference to the lives of South Africans and playing a critical role in a new team, focussed on growth, opportunity, and inclusion for all, we’d love to hear from you. At Lesaka, we’re not big on titles, formalities, or hierarchy – we’re big on working with the best people who are passionate about making things happen. We seek out team players who get stuck in, put egos aside and focus on delivering together.As a Operational Risk Officer , you’re a critical part of team Lesaka Tech. We’d need you to be as committed as we are to:·       A strong and deliberate focus on ethical and accountable behaviours.·       Treating our staff, our colleagues, customers and merchant partners with care and respect.·       Good governance and leadership accountability.·       A culture that is transparent and authentic.·       Diversity and inclusion at all levels.·       Taking an active role in improving the wellbeing of the communities we operate in.·       Relevance and “insurgence” – being a challenger, prepared to break new ground.·       Building a rewarding, performance-based culture.·       Being a force for goodCompany OverviewLesaka is a leading South African fintech group of companies listed on both the Nasdaq and the Johannesburg Stock Exchange (JSE). We deliver financial services to consumers (B2C) and merchants (B2B) in Southern Africa through our proprietary banking and payment technologies. We offer banking, lending and insurance products to consumers and cash management solutions, bill payment technologies, value-added services, business funding and card acquiring solutions to formal and informal retail merchants.DescriptionThe Operational Risk Officer supports achievement of the organisation’s strategy by assisting the business in the development and implementation of “fit for purpose” enterprise risk management frameworks which are aligned to business processes and the Agile methodology. The successful candidate must ensure a risk-based approach to risk management. They must also ensure that potential risks in new or existing processes, products/services and channels are identified and considered, the appropriate mitigating actions and controls are implemented, and tracked accordinglyBeing responsible for Operational Risk within the Merchant segment is a fantastic opportunity to broaden your skills set and make a meaningful difference in driving the business forward in a sustainable manner. This is a hands-on role so be prepared to roll up your sleeves and get the work done.    ResponsibilitiesPlay a 2nd Line of defence role in identifying and managing operational risk across the business and build a risk culture/risk-aware mindset within the business.Derive, obtain buy-in and drive the execution of the strategy for Operational Risk within the Merchant segment.Own and drive the process to draft, maintain and review the Operational & Strategic Risk Registers for the business units and functions and ensure that there is appropriate, constructive challenge from a risk perspective during this process.Take the lead on and undertake business assurance activities as and where necessary to provide assurance on business processes/products/services etc. Serve as the risk subject matter expert and provide the necessary guidance as part of new product/process/service/channel development in line with the Agile methodology.Ensure the completion and management of risks in the agreed internal operational risk tool to assist with management and reporting of risks.Perform root cause analysis on risk events and document lessons learnt related to the same.Develop and provide the necessary Operational Risk training to business as is required.Produce the necessary risk reporting on a monthly and quarterly basis respectively for both internal stakeholders and the Board Audit Committee. Proactively escalate any areas of concerns and ensure remedial steps are identified and implemented.QualificationsBCom/BSC Degree in Risk Management, Economics, or related disciplines; LLB or alternatively a relevant Risk Qualification.3-5 Years + experience in managing and monitoring operational risk (incl. IT risks or be in a position to challenge IT risks) and/or enterprise risk preferably in the financial services, payments or fintech sector. Experience in risk governance and a strong understanding of bank and payment regulation would be advantageous.  The successful applicant must: The ability to operate both at a strategic and operational level.Be a proactive individual who is a self-starter and gets things done.The ability to work well with people and collaborate to develop practical and simple solutions to mitigate risks in the business.Good stakeholder management ability and the ability to develop relationships across senior and junior levels.Good written and verbal communication skills.An innate drive to succeed and a passion for operational risk.Specific Skills (Technical)A business mindset and broad understanding of various risks that the business could be exposed to. The ability to identify risks in business processes, products, services and/or systems.Detail oriented but also have the ability to see the bigger strategic picture, have a professional attitude, excellent interpersonal skills as well as verbal and written communication skills.Having worked with risk tools such as Exclaim, or equivalents will be advantageous.To Apply:Please email your CV to Recruitment at lezanne.amos@kazang.com.Or, apply via LInkedIn.For information call: 011-343-2000lesakatech.com#J-18808-Ljbffr
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