Requisition Details & Talent Acquisition Contact

REQ 137825- Tshego Semenya

Location: Sandton

Closing date: 4 February 2025

Cluster

RBB

Career Stream Enterprise Wide Risk ManagementLeadership Pipeline Manage ManagersPosition

Senior Manager Risk

Job Purpose To ensure that the Group Risk Framework is embedded; operationalised and implemented and advise business on strategic direction in order to meet business objectives; mitigate risks and meet regulatory requirements.Job Responsibilities Contribute to a culture conducive to the achievement of transformation goals (targets) and support business strategies that improve corporate image by participating in Nedbank Culture building initiatives (eg Surveys etc). Achieve business strategy by participating and encouraging others to participate in and support corporate social responsibility initiatives. Foster transformation of the workplace and support Nedbank achievement of the BEE initiatives and transformation targets; by contributing to an environment where diversity is valued. Improve work processes; productivity and reduce costs by offering innovative ideas and input to Group Risk, Cluster and/or business stakeholders and through soliciting input from managers and colleagues. Develop risk plans that enable the implementation of the business strategy by breaking it down into targets and obtaining approval of plan from relevant strategic committees such as Exco, Erco, SCC, Opcom, etc.  Ensure compliance with regulations and prevent losses by facilitating risk management in the business and by engaging with relevant stakeholders regarding risk related issues. Ensure alignment of area business processes to the Group Risk Framework by participating and providing information to Nedbank Risk Committees. Keep business updated on a regular basis and analyse information generated from the risk exercises by ensuring that risk monitoring exercises across the business take place and are in line with all known risks. Ensure business processes and systems are functioning by identifying and documenting risks. Track the performance and compliance of the team by allocating tasks to the team according to different risk areas. Ensure the business fully complies with risk standards by revising cluster risk process guidelines. Mitigate risks by providing the business with relevant information; guidance and advice based on regulatory standards; compliance and audit findings. Evaluate and analyse area audit findings and management improvement comments; by assessing whether actions will result in improvement and by making recommendations. Meet financial objectives by containing costs. Ensure improvements on identified risks by engaging with business; understanding risks and by creating action plans. Operationalise the Nedbank Group Risk Framework by ensuring that business unit level Erco governance structure and charters are implemented; ensuring adequate risk reports generated; risks meetings held and risk processes aligned with group. Build and maintain relationships with clients and service providers through attending meetings and utilising opportunities. Share information and knowledge with stakeholders; peers and team to by driving awareness campaigns. Build relationships; by reporting risk issues and by providing risk related information to strategic committees; as per the Group Risk Framework. Build long-term relationships and support stakeholders in reaching business objectives by keeping abreast of and sharing industry information with stakeholders. Support the achievement of the business strategy; objectives and values by understanding Nedbank risk strategy and cluster/business unit plan. Identify training courses and career progression for self through input and feedback from management. Ensure all personal development plan activities are completed with specified timeframe. Share knowledge and industry trends with team and stakeholders during formal and informal interaction. Obtain buy-in for developing new and/or enhanced processes (eg operational processes) that will improve the functioning of stakeholders’ businesses by highlighting benefits in support of the implementation of recommendations. Minimum Experience Level 4 years + experience in Risk Management within a financial service industry. Essential Qualifications - NQF Level Advanced Diplomas/National 1st Degrees Preferred Qualification Risk Management Degree or similar. Essential Certifications Member of Institute of Risk Management of South Africa and/or Compliance Institute of South Africa Technical / Professional Knowledge Budgeting Business administration and management Communication Strategies Diversity management Employee training/development Financial Accounting Principles Governance, Risk and Controls Organisational behaviour theory Principles of project management Business writing skills Risk Management Methodologies Disclaimer

Preference will be given to candidates from the underrepresented groups

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

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