Overview
Senior Manager Risk Jobs in Sandton, South Africa at Nedbank
Closing date: 4 February 2025
RBB
Manage Managers
Position
Job Purpose
To ensure that the Group Risk Framework is embedded, ope rationalised, 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 (e.g., 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 wherediversityis valued.
Improve work processes, productivity, and reduce costs by offeringinnovativeideas 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 the 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 drive 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 understan…
Title: Senior Manager Risk
Company: Nedbank
Location: Sandton, South Africa
Category: Management, Finance & Banking
