Risk Analyst at Nedbank

Job Purpose
Implementation of the Enterprise-wide Risk Management framework fully across the risk universe to ensure an effective internal control environment within the cluster, by proactively managing risks through the different stages of identification, assessment, measurement, monitoring, mitigation and reporting.

Job Responsibilities

• Strengthening the organisation’s risk culture and deliver on the broader cluster mandate as required.
• Execute cluster risk management plans, activities and projects in line with targets.
• Monitor and report on the effectiveness of internal risk management practices and processes.
• Fulfil operational recording and validation requirements (e.g., incidents, RCSAs, losses, audit findings).
• Work collaboratively with other oversight functions to identify and implement consistent and effective approaches to risk governance and control-based activities.
• Participate in various assurance and oversight activities as required by the organisation’s co-ordinated assurance approach, governance structures and risk management project forums.
• Build and maintain relationships with relevant stakeholders, auditors, and other assurance providers.
• Conduct all other activities related to the management of risk as required from time to time.
• Develop own competence and stay abreast of developments in the risk management field.
• Contribute to a culture that is conducive to the achievement of the organisation’s transformation goals.
• Participate and support corporate social responsibility initiatives.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Risk management and Information Technology qualification (in addition), advantageous.

Preferred Certifications

• Relevant to Governance, Compliance and Risk management.

Minimum Experience Level

• Minimum 3 years’ risk management experience (preferably in a banking environment including IT risk)

Type of Exposure

• Analysing and interpreting qualitative and quantitative data
• Interacting with various levels of management
• Drafting reports
• Monitoring adherence and compliance
• Influencing stakeholders to obtain buy-in
• Sharing information in different ways to increase internal stakeholders understanding
• Summarizing information in graphs and charts
• Analysing situations or data that require an in depth evaluation of multiple factors
• Displaying high level of ethics, integrity and confidentiality
• Presenting to senior leaders"

Technical / Professional Knowledge

• Business Acumen
• Data analysis
• Ethics and Fraud
• Industry trends
• Microsoft Office
• Nedbank policies and procedures
• Nedbank systems
• Nedbank vision and strategy
• Relevant regulatory knowledge
• Business writing skills