Manager: Risk Appetite and Business Risk at Nedbank

Job Purpose

To provide expertise; advice; assistance; consultancy services and general support required by Nedbank 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 Group Risk and Clusters 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 interaction Obtain 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.

Minimum Experience Level

• 4-6 years relevant experience in Risk Management, Business Risk Management, Enterprise-wide Risk Management (preferably in banking)
• Experience Researching and providing advice to business on risk.
• Essential Qualifications - NQF Level
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Bachelor of Commerce: Degree Risk management / Finance/ Economics/ Internal Audit, Advanced Diplomas/National 1st Degrees
• Preferred Certifications
• Institute of Risk Management of South Africa (IRMSA) and/or similar
• CFA (Chartered Financial Analyst)
• CA (Chartered Accountant)
• FRM (Financial Risk Management)

Technical / Professional Knowledge

• Banking knowledge
• Industry trends
• Relevant regulatory knowledge
• Risk management process and frameworks
• Business writing skills
• Business Acumen
• Risk Management
• Principles of Programme Management