Risk, Audit and Compliance
Career Stream
Enterprise Wide Risk Management
Leadership Pipeline
Manage Self: Professional
Job Purpose
To provide expertise; advice; assistance; consultancy services and general support required by Nedbank Cluster for all governance; policy; process and procedural matters or issues for all risk related services and
compliance matters.
Job Responsibilities
- Build and sustain business relations to ensure satisfied internal and external stakeholders.
- Ensure continued satisfaction of stakeholders by meeting turnaround times for requests and identifying and addressing issues or concerns through the provision of risk advice.
- Manage stakeholder expectations by providing management information; risk analytics; insights and strategic motivation resulting in the optimal management of these risk disciplines.
- Participate in and provide advice to Cluster Executive Committee; Management Committee and sub committees on governance; regulatory; procedural and practice matters by attending; preparing and submitting papers; challenging and monitoring.
- Manage the relationship between Nedbank Cluster Nedbank Group Risk to ensure alignment and embedding of policies and the Group Operating Manual.
- Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank
- Culture building initiatives (e.g. staff surveys etc.).
- Research and provide training to staff on risk.
- Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g.
- Green Strategy).
- Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
- Optimise the risk management performance of Nedbank Cluster by assisting business to identify; recommend (through reporting; insights and risk analytics) and execute risk management strategies within the Group's defined risk appetite.
- Provide risk advice to assist and enable business to achieve its risk objectives by developing ;managing and executing policies; procedures; practices of a risk nature.
- Provide recommendations that are well supported through insights to relevant decision making body to improve risk management processes and practices.
- Manage risk by developing mandates for an effective risk management structure.
- Meet internal stakeholder requirements by providing governance; policy and advisory services.
- Report on the risk management process by generating and presenting risk reports.
- Ensure the requirements of risk; governance and compliance are addressed by embedding a risk culture within Nedbank Cluster.
- Provide advice by responding to ad hoc risk requests and queries.
- Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
- Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
- Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames.
- Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interactionObtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
- Advanced Diplomas/National 1st Degrees
- Bachelor of Commerce: Law , Advanced Diplomas/National 1st Degrees
- Compliance Institute of South Africa (CISA) Institute of Risk Management of South Africa (IRMSA) and/or similar
- 5- 10 years relevant experience in Risk Management
- Banking knowledge
- Industry trends
- Relevant regulatory knowledge
- Risk management process and frameworks
- Business writing skills
- Business Acumen
- Risk Management
- Principles of Programme Management
- Applied Learning
- Coaching
- Communication
- Customer Focus
- Decision Making
- Influencing
- Quality Orientation
- Technical/Professional Knowledge and Skills