Discovery Limited

Risk Specialist

Discovery Limited  •  Onsite  •  5 days ago
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Job Description

About Discovery

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Invest

Discovery Invest is an ever growing fast-paced and dynamic environment that provides innovative products. This environment thrives on customer engagement and customer experience as well as mutually beneficial relationships with our brokers and other stakeholders. It is important for our employees to provide world class service to our internal and external clients, thereby ensuring long and sustainable relationships.

Key Purpose

To support the Risk Manager in achieving their objective of embedding Risk Management Obligations within Invest Operations.To assist the business in fulfilling its mandate of Protecting both internal and external stakeholders through proactive Risk Management.

Areas of responsibility may include but not limited to

  • Facilitate fraud incident review,analysis and corrective actions.
  • Update SOPs for business improvement - Align SOPs with regulatory changes and best practices
  • Fin Recon Management support and back-up. - Investigate items on the Fin recon reports to clear
  • Investigate Data Integrity items - Look at the data integrity items and determine Risk or Compliance issue
  • Receive and vet all submitted Risk and Compliance related work.
  • Management and adherence to POPIA & PAIA - Review Data Management; Access control and training and awareness processes
  • Daily/ Monthly risk monitoring - Review High risk transactions
  • Risk Management reporting - Develop Reporting Framework with timelines and Key Risk Indicators
  • Existing risk incident Management - Review and Manage Existing Risk Incidents
  • Implementation and adherence to TCF principles - Review business processes are in line with the TCF principals
  • Operational Support and guidance in terms of risk management - Provide operational teams with support and guidance on identifying, assessing, and mitigating risks
  • Risk Incident Response Management - Coordinate and manage the response to Risk Incidents
  • Risk Remedial Action Management - Manage and oversee the implementation of remedial action for identified risks
  • Development and Maintenance of Applicable CRMP

Personal Attributes and Skills

  • Questioning techniques
  • Customer service orientation
  • Conflict handling
  • Good communication skills
  • Relationship building skills
  • Results orientation
  • Assertiveness
  • Positive attitude
  • Time management skills
  • Self-managed
  • Analytical skills – facilitation and coaching

Education and Experience

  • Matric -essential
  • Risk Management or similar qualification(preferable)
  • Investment Product knowledge 5 years
  • LISP experience 3 years
  • Microsoft office experience intermediate
  • Compass system knowledge 5 years
  • Paradigm system knowledge 3 years
  • Frontline system knowledge 3 years
  • Knowledge of Investment legislation

EMPLOYMENT EQUITY

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.

Discovery Limited

About Discovery Limited

Imagine a world where people live healthier, more enhanced and protected lives… A world in which each organisation is a powerful influencer and responsible corporate citizen, committed to being a force for social good. As a leading innovator in healthcare, wellness, insurance, investments, financial and life planning, Discovery works ceaselessly to make this vision a reality.

Fuelled by our passion for enhancing lives and our desire to innovate, Discovery consistently sets global standards, creating shared value through shared intellectual capital. A testament to this is our Vitality programme, which is both a platform to incentivise people to live healthier lives as well as a channel through which shared value is delivered.

We are a proudly South African-born, global company with health, life and short term insurance operations in South Africa and the United Kingdom, and a presence in Germany, France, the United States, Canada, Australia, Singapore, Hong Kong, Philippines, Thailand, Malaysia, China and Japan through our Global Vitality Network. We uphold our promise of shared value by being a positive disruptor that focusses on bringing about sustainable change in the lives of the people and communities we serve across the globe.

Our Vitality Shared-Value Insurance model has received international recognition, including being ranked 17th in Fortune’s index of 51 companies “changing the world” in August 2015, and named a leading health innovator at the World Economic Forum in January 2017.

Our values of leadership, honesty, innovation and fairness act as our compass, directing our business practices to take advantage of every opportunity while looking for ways to dazzle clients.

With an unwavering commitment to being the best shared value insurance organisation in the world, Discovery is a powerful force for social good.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Johannesburg, ZA
Year Founded
1992
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