Risk Head at FNB South Africa

Job Description

• To manage risk in a high complex environment through development of risk management strategy aligned to segment and group strategy for area of accountability and ensure implementation thereof; manage a team to deliver on strategy and to drive platform thinking and enabling or embedding risk capabilities to support mitigation of risk

Hello Future Risk Head

• Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.
• As part of our team in FNB Integrated Advice, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change.

Are you someone who can:

• Manage SLAs for risk function and ensure these are managed accordingly
• Provide input into, and implement, corporate governance, compliance, integrity and ethics policies in are of accountability to identify and manage risk exposure
• Stays abreast of relevant industry risk management best practices and legislative amendments and suggests ways to leverage these to ensure continuous improvement
• Creates risk awareness and manages audit findings
• Participate in Group risk forums where required and cascades relevant information through team
• Develop a legal, risk and compliance strategy for the business to proactively identify risks to the bank
• Provide oversight of implementation of legal, risk and compliance policies and procedures, aligned to FirstRand policies and procedures, in order to ensure compliance with legislative and regulatory requirements
• Interpret and apply policy to business to drive risk outcomes
• Develop key performance indicators to measure risk outcomes
• Execute defined business strategy by translating it into the business operations

You will be an ideal candidate if you:

• Communicate policy modification, objective achievement progress and critical success factors to impacted stakeholders.
• Ensure the development and implementation of multiple practices in alignment with operational policy and procedural frameworks.
• Implement best practices against the risk management framework and adjust practices as and when necessary.
• Establish a sound risk management culture through awareness of campaigns to influence behaviour and drive the importance of compliance.
• Escalate critical regulatory risk issues identified to EXCO/relevant Risk Committees/ Group as necessary
• Brainstorm, identify, implement and drive innovative best practice ideas within the organisation to ensure increased efficiencies
• Create and participate in specialist communities of practice and represents the organisation at Group and industry level to share best practice insights and solutions
• Drive strategic projects, change management and platform integration across operations
• Leverage Group capability to exploit opportunities

You will have access to: 

• Opportunities to network and collaborate
• A challenging working environment and development opportunities
• Opportunities to innovate

We can be a match if you: 

• Have a LLB Degree or similar
• Have 5 years plus experience in a Senior Management position
• Ensure and encourage adherence to an operational framework of policies and procedures
• Maintain expert knowledge on relevant legislative amendments, industry best practices and provide advice to relevant stakeholders
• Maintain up to date knowledge of local and global trends
• Demonstrate leadership behaviour through personal involvement, commitment and dedication in support of organisational values
• Identify and encourage participation in activities that are appropriate for own and employee development in area of responsibility
• Manage team or teams in areas of responsibility in delivery against performance targets and achievement of wider human capital objectives