Senior Operational Risk Manager

Recruiter:

Stratlab Consulting (Pty) Ltd

Job Ref:

PTA000078/Strat

Date posted:

Tuesday, January 27, 2026

Location:

Johannesburg, South Africa

Salary:

R800 000.00 Annually

SUMMARY:
Stratlab – Where Talent Meets Its People.

We connect brilliant minds with companies that actually get them. Serious about growth, light on the drama.

We’re currently looking for a Senior Operational Risk Manager, a role for someone who thrives in a regulated investment environment and wants to make a real impact at a senior, business-wide level.

At Stratlab, we focus on culture fit, long-term impact, and building relationships that last – because great work happens when people belong.

Think this is you? Let’s make it happen.

POSITION INFO:

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.

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