Risk Manager at FNB South Africa

Job description

Accountable for the support, implementation and management of the risk function for a specific business unit in order to minimize losses.

Responsibilities

Your responsibilities will include, but are not limited to:

• Manage costs / expenses within approved budget to achieve cost efficiencies.
• Establish a sound risk management culture through awareness of campaigns to influence behaviour and drive the importance of compliance.
• Cultivate and manage objective working relationships with a variety of stakeholders, including end-users, SME’s, project managers and senior staff members.
• Maintenance of expert knowledge on relevant legislative amendments, industry best practices and provision of proactive advice and solutions to relevant stakeholders.
• Translate strategies into actionable goals and execute relevant projects / initiatives aligned to strategic objectives with specific performance measures and control systems to track progress.
• Comply with governance in terms of legislative and audit requirements.
• Implement business performance and risk management frameworks and relevant risk methodologies.
• Reconcile and report on monthly risk loss.
• Manage operational risk on a day to day basis which includes monitoring and reporting. This should include measures and procedures for: - understanding key processes, risk identification, risk analysis and assessment responding to risks identified and assessed adequate information and communication and monitoring of risk management activities.
• Ensure that necessary action is implemented to reduce the operational risk to an acceptable level.
• Manage and ensure compliance to the Basel II accord.
• Benchmark current practices against the risk management framework and adjust practices as and when necessary.
• Identify and implement risk management initiatives and compile risk mitigation plans in order to proactively action identified risks.
• Provide qualitative risk status reporting with accurate and reliable business intelligence (information) together with analyzing trends and data.
• Plan and manage performance, skills development, employment equity, talent and culture of team in order to improve innovation and achieve efficiencies.
• Manage personal development to increase own skills and competencies.

Requirements

• Candidate must be highly experience in Business Banking environment
• Good knowledge of Project SDLC lifecycle and Project Risk
• Prior experience is Sales enabling projects in Business Bank would be great
• Knowledge and experience of IT systems and related system risks
• Understanding of Compliance related aspects i.e. AML / KYC / FAIS / TCF

Qualification and Experience

• Degree or Advanced Diploma in Risk management.
• 2 - 4 years relevant risk management experience