Head, Business Risk at Standard Bank Group

Job Description

• To lead the Business Risk Function within Transactional and Lending Solutions by providing assurance as a first line monitoring capability to assist the Exco teams within Business Solutioning in discharging their responsibility for managing compliance, reputational, strategic, legal and operational risks. Establish and implement effective monitoring and validation mechanisms and provide Exco with an assessment of the adequacy and effectiveness of controls to identify, measure, control & report risks.

Qualifications

• Type of Qualification: First Degree
• Field of Study: Business Commerce
• Type of Qualification: First Degree
• Field of Study: Legal
• Type of Qualification: First Degree
• Field of Study: Risk Management

Experience Required
Products
5-7 years

• Relevant operational risk management and financial industry experience. Good understanding of risk quantitative methodologies. External knowledge of industry best practice & regulatory developments. Experience in audit, assurance, & risk management. Experience in identifying, mitigating, and tracking risks and country specific regulatory requirements, and findings recommendations reporting & assurance governance reporting. Giving opinion on veracity of risk assessments & adherence to standards.

8-10 years

• The role requires a seasoned individual with a thorough understanding of the regulatory environment as well as the basic principles and objectives of the Bank and the associated risks with specific focus on non-financial risk, Basel II, Regulatory requirements, e.g. money laundering control (FICA, Code of Banking Practice, FAIS, etc.).