Head: RBB Credit Governance at Nedbank

Job Purpose

• To facilitate and coordinate the implementation; ongoing execution and continued enhancement of effective and efficient risk management practices within Nedbank to make us world class at managing risk and so achieve our strategic objectives.

Job Responsibilities

• Build internal credibility by ensuring that direct reports are a high-performance team, visible, engaged, completing tasks successfully and have diverse skillset in line with operational needs.
• This includes implementing performance agreements, rewarding achievement, taking corrective action, and providing regular performance feedback.
• Direct reports and managers should be developed through learning, coaching, career conversations, and applying talent grid principles and retention programmes, eg rotation.
• Self, management and teams should be able to challenge the status quo through constructive debate about areas for improvement.
• Establish executive-level credibility by managing clients and accessing the business know-how.
• Ensure strong group and regulatory stakeholder relationships by networking and implementing best practice.
• Nurture departmental trust through communication and leadership.
• Develop and drive Risk strategy, budget and deliverables, and reporting processes in line with the needs and standards of the business and its strategy.
• This includes identifying potential risks, guiding strategy formulation, and implementing the Operational Risk Management Framework (ORMF) and the Enterprise Risk Management Framework (ERMF) for efficiency, effectiveness and regulatory compliance.
• Any emerging problems should be addressed by formulating and implementing a problem recognition and solving process in accordance with OMRF and EMRF.
• Ensure establishment of effective enterprise risk management committees by implementing processes that comply with the ERMF requirements and the Enterprise Risk Committee (ERCO) charter.
• Ensure continued Reserve Bank certification (Advance Measurement Approach Status).
• Maximise profit by managing operational losses within thresholds.
• Ensure transformation targets are met through staff recruitment, retention and training, and supplier selection.
• This includes contributing towards a culture of transformation, and embedding Nedbank's vision, values and strategy in support of the business reputation.
• Participate in, and ensure managers encourage staff to, support CSI activities that support the business strategy, eg Green Strategy.
• Ensure that issues raised in culture surveys are addressed.
• Deliver worldclass service and a client-centric culture by making any necessary interventions.
• Identify and address any resource inefficiencies through multi-skilling and resource gap management.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Bachelor of Commerce: Honours - Accounting , Bachelor of Commerce: Honours - Internal Auditing

Minimum Experience Level

• 8 to 10 years risk management experience and 5 years in a people management position