Risk Management Internship at Discovery South Africa

Discovery South Africa invites ambitious and driven individuals to apply for its Risk Management Internship Programme. This programme offers a unique opportunity for entry-level candidates to gain invaluable practical experience within a leading financial services group. Interns will be immersed in the dynamic world of risk management and compliance, contributing to the identification, assessment, and mitigation of operational, financial, and regulatory risks that are critical to Discovery's continued success and stability. This role is designed to provide a comprehensive understanding of risk frameworks and regulatory landscapes within the South African financial sector, preparing participants for a successful career in this vital field.

Key Responsibilities

• Assist in identifying and documenting operational, financial, and regulatory risks across various business units.
• Support first-line compliance monitoring, ensuring adherence to internal policies, procedures, and regulatory obligations.
• Help update and maintain comprehensive risk registers and compliance tracking tools.
• Participate actively in risk assessments, internal reviews, and audits to evaluate the effectiveness of controls.
• Support the development and implementation of robust risk mitigation and compliance action plans.
• Assist with monitoring key risk and compliance indicators, providing insights into potential areas of concern.
• Prepare clear and concise reports, presentations, and dashboards for management and stakeholders.
• Conduct thorough research on emerging risks, regulatory changes, and industry best practices to inform strategic decisions.
• Support incident reporting, investigations, and follow-ups to ensure timely resolution and learning.
• Collaborate effectively with other business units to foster and promote a strong, proactive compliance culture throughout the organisation.

Why Join the Company

Joining Discovery South Africa means becoming part of an innovative and dynamic work environment where your contributions are valued. The company offers a competitive internship stipend, ensuring you are fairly compensated for your dedication. Interns gain access to Discovery’s comprehensive employee wellness programs, promoting a healthy work-life balance. Discovery is an equal opportunity employer, actively encouraging applications from people with disabilities and considering candidates under its Employment Equity Plan and Targets. You will benefit from extensive on-the-job training in risk management and compliance, coupled with mentorship from experienced professionals who are leaders in their field. Opportunities to participate in internal reviews, audits, and compliance projects will enhance your practical skills. This programme offers significant career progression potential, with future employment opportunities within Discovery based on performance and business needs. The experience gained will serve as a strong foundation for advancement into risk management, compliance, or related roles within the broader financial services sector in South Africa.

How to Apply

Select the direct application link below for each position.

• Risk Management Internship (Start ASAP)
• Knowledge Management Internship (Start ASAP)

• Matric / Grade 12 (essential)
• BCom Risk Management, BTech/ Risk Management or related qualification
• No previous internship and/or graduate programme in any industry or government institution
• No work experience (essential)
• Between the ages of 18 – 35 (essential)
• South African citizenship by birth or by naturalization before 27th April 1994
• Action orientated
• Ability to work independently
• Strong networking skills
• Results-driven approach
• Strong listening and communication skills