Sm: Operational Risk Management - Johannesburg, South Africa - Nedbank

Nedbank

Verified Company

Johannesburg, South Africa

1 week ago

Posted by:

Thabo Mthembu

beBee Recruiter

Description

Requisition Details & Talent Acquisition Contact
Tshego Semenya-
Closing Date: 7th February 2023- Job Family- Risk, Audit and Compliance

Career Stream
Operational Risk

Leadership Pipeline

Manage Self: Professional

Job Purpose

To manage integrated and enterprise wide risk across the bank and Group by providing a enterprisewide risk framework and processes to embed risk management requirements into business processes ensuring escalation of management information and riskbased reporting to facilitate the monitoring and management of such risk in order to achieve Nedbank's strategic objectives.

Responsibilities:

Coordinate and drive a strong strategic approach to Enterprise-Wide Risk Framework
Provide strategic direction on Enterprisewide risk policy across the group
Provide strategic direction on New Product Approval policy across the group
Provide strategic direction on Risk Culture and Risk Maturity Asssessment across the group
Coordinate and drive a strong strategic approach to Root Cause Framework
Design and implement effective and efficient Root course analysis processes to ensure that the processes are optimized and comply with regulatory and corporate governance expectations functions.
Enable worldclass risk management through continuous engagement, collaboration, training.
Provide strategic direction on ERCOs and provide insightful and actionable reporting and feedback to ERCOs
Build trusting relationships with all stakeholders (Board, Exco, Cluster Risk Officers, regulators, analysts, industry bodies) by being a values driven leader and strategic business partner.
Coordinate and drive a strong strategic approach to risk management by ensuring the alignment between the risk objectives and the business strategies of the Group.
Maintain an open and constructive relationship as a Trusted Advisor with senior internal and external stakeholders including SARB, External Audit and Business Executives.
Report on the overall effectiveness of the governance, risk and internal control framework of the Group;
Have in place a robust process to followup management's agreed actions to address issues raised by GSR;

People Specification

Essential Qualifications - NQF Level

Professional Qualifications/Honour's Degree
Master's Degree

Preferred Qualification

Bachelor of Commerce, Bachelor of Laws (LL.B)

Essential Certifications

Institute of Risk Management of South Africa (IRMSA) and/or similar

Type of Exposure

Conducting risk culture and risk maturity assessment
Conducting root cause analysis
Developing ways to minimise risks
Influencing stakeholders to obtain buyin for concepts and ideas.
Managing conflict situations
Sharing information in different ways to increase stakeholders understanding
Comparing two or more sets of information
Working with banking products
Comparing two or more sets of information

Working with a group to identify alternative solutions to a problem

Interacting with diverse people
Building and maintaining effective relationships externally and internally
Interacting with all levels of management
Participate in multiple projects
Answering customer questions
Communicating complex information
Identifying universal risk trends that could affect Nedbank in the short to long term
Minimum Experience Level 10 years financial services experience in a management position.
Risk management experience in banking.
Banking experience, inclusive of Regulatory experience.
Ability to operate at management level
Implementation of IT systems and Digitalization (eg process automation)
Execution abilities and capabilities

Technical / Professional Knowledge