Risk Manager (139042)
Risk Manager (139042)
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1 Vacancy
Job Description
Requisition Details & Talent Acquisition Contact
REQ ID: 139042 Michelle Thabethe
Cluster: Group Finance Risk
Location: Sandton
Closing date: 11 May 2025
Job Family
Career Stream
Leadership Pipeline
Job Purpose
Job Responsibilities
- Deliver on the Group Operational Risk Management (GORM) strategies and annual business plans aligned to regulatory requirements (BASEL Banks Act) and take corrective action where necessary.
- Provide input into the enhancement of the Operational Risk Management Framework (ORMF) methodologies policies processes.
- Improve the effectiveness and relevance of internal and external loss operational risk data.
- Review outcome of operational risk practices of stakeholders.
- Monitor and analyse major operational risk losses and control breakdowns.
- Identify regulatory changes and potential future operational risk impacts.
- Compile and/or provide input into internal operational risk reports and external disclosures.
- Engage with stakeholders to obtain an understanding of their operational risk practices to contract manage and meet expectations.
- Develop and maintain partnerships with stakeholders to facilitate accomplishments of operational risk objectives.
- Become a trusted advisor to and influence decision making of stakeholders by providing an advisory service guidance and support on operational risk management practices.
- Facilitate collaboration between stakeholders.
- Collaborate and maintain relationships internally.
- Build and maintain relationships with relevant regulators and other assurance providers.
- Contribute to a culture of transformation by participating in Nedbank culture building initiatives business strategy and CSI.
- Stay abreast of developments in field of expertise ensuring personal and professional growth.
- Understand and embrace the Nedbank vision and values leading by example.
- Identify opportunities to influence the improvement or enhancement of business processes and methodologies adding value to Nedbank.
- Provide input into and advice on the alignment between regulatory capital and Nedbank Clusters risk profile and risk appetite by recommending corrective action or mitigating strategies to enable Clusters to reduce regulatory capital.
- Provide input related to Operational Risk deliverables into the GORM budget in line with finance requirements and business plans.
- Contract deliverables services and pricing with Nedbank Clusters and agree transfer pricing allocation to Clusters.
- Use budget allocation effectively. Review Nedbank and Business Unit Plan and ensure delivered systems process services and solutions are aligned to support the achievement of the business strategy objectives and values.
- Share operational risk related knowledge resources and practices with team to enable upskilling.
- Obtain buyin for developing new and/or enhanced processes that will improve the functioning of stakeholders businesses.
Essential Qualifications NQF Level
- Advanced Diplomas/National 1st Degrees
Preferred Qualification
- Chartered Accountant Advanced Diplomas/National 1st Degrees
- MBA
Minimum Experience Level
- 5 8 years experience in Risk Governance and Auditing and/or 8 10 years experience in banking and/or insurance
Technical / Professional Knowledge
- Banking procedures
- Business terms and definitions
- Communication Strategies
- Data analysis
- Principles of financial management
- Principles of project management
- Relevant software and systems knowledge
- Technologies
- Cluster Specific Operational Knowledge
- operational risk
Behavioural Competencies
- Building Partnerships
- Communication
- Decision Making
- Stress Tolerance
- Technical/Professional Knowledge and Skills
- Adaptability
Please contact the Nedbank Recruiting Team at
Required Experience:
Manager
Employment Type
Full Time
