Requisition Number and Talent Acquisition

REQ: 134633

Location: Sandton, Johannesburg

Closing Date: 10th July 2024

Talent Acquisition: Saranya Govender

Job Family Risk, Audit and ComplianceCareer Stream Enterprise Wide Risk ManagementLeadership Pipeline Manage ManagersJob Purpose To facilitate and coordinate the implementation; ongoing execution and continued enhancement of effective and efficient risk management practices within Nedbank to make us world class at managing risk and so achieve our strategic objectives.Job Responsibilities Build internal credibility by ensuring that direct reports are a high-performance team, visible, engaged, completing tasks successfully and have diverse skillset in line with operational needs. This includes implementing performance agreements, rewarding achievement, taking corrective action, and providing regular performance feedback. Direct reports and managers should be developed through learning, coaching, career conversations, and applying talent grid principles and retention programmes, eg rotation. Self, management and teams should be able to challenge the status quo through constructive debate about areas for improvement. Establish executive-level credibility by managing clients and accessing the business know-how. Ensure strong group and regulatory stakeholder relationships by networking and implementing best practice. Nurture departmental trust through communication and leadership. Develop and drive Risk strategy, budget and deliverables, and reporting processes in line with the needs and standards of the business and its strategy. This includes identifying potential risks, guiding strategy formulation, and implementing the Operational Risk Management Framework (ORMF) and the Enterprise Risk Management Framework (ERMF) for efficiency, effectiveness and regulatory compliance. Any emerging problems should be addressed by formulating and implementing a problem recognition and solving process in accordance with OMRF and EMRF. Ensure establishment of effective enterprise risk management committees by implementing processes that comply with the ERMF requirements and the Enterprise Risk Committee (ERCO) charter. Ensure continued Reserve Bank certification (Advance Measurement Approach Status). Maximise profit by managing operational losses within thresholds. Ensure transformation targets are met through staff recruitment, retention and training, and supplier selection. This includes contributing towards a culture of transformation, and embedding Nedbank's vision, values and strategy in support of the business reputation. Participate in, and ensure managers encourage staff to, support CSI activities that support the business strategy, eg Green Strategy. Ensure that issues raised in culture surveys are addressed. Deliver worldclass service and a client-centric culture by making any necessary interventions. Identify and address any resource inefficiencies through multi-skilling and resource gap management. Essential Qualifications - NQF Level Advanced Diplomas/National 1st Degrees Preferred Qualification Bachelor of Commerce: Honours - Accounting , Bachelor of Commerce: Honours - Internal AuditingMinimum Experience Level 8 to 10 years risk management experience and 5 years in a people management positionTechnical / Professional Knowledge Budgeting Business terms and definitions Capacity planning Client service management Communication Strategies Diversity management Financial Accounting Principles Governance, Risk and Controls Organisational behaviour theory Principles of project management Relevant regulatory knowledge Stakeholder management Strategic planning Risk Management Policies,Procedures and Best Practices(ERM and ORM Knowledge) Business Reporting Skills Behavioural Competencies Building Partnerships Coaching Continuous Learning Customer Focus Facilitating Change Influencing

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Please contact the Nedbank Recruiting Team at +27 860 555 566