Risk Head- Randburg at FNB South Africa

Job Description

• We are seeking a highly experienced Risk Head I – Non Financial Risk to join our Commercial Segment Risk team. This is a senior second-line leadership role responsible for providing independent oversight, assurance, and challenge over non financial risks across the segment.
• The role plays a critical integration and relationship management function—ensuring Business Units (BUs) and Super Segment Risk teams are aligned to Group standards, supported in execution, and effectively connected into segment, super segment, and group governance structures.
• This role is ideal for a seasoned risk leader who can balance independent challenge with practical guidance, and who thrives in complex, multi-stakeholder environments.

Key Responsibilities

Segment Non Financial Risk Oversight

• Provide oversight of the segment’s non financial risk profile, including operational, compliance, conduct, fraud, IT/cyber, third party, resilience, data, change and other material NFR risks.
• Ensure consistent application of Group risk management frameworks, policies, and minimum standards across Business Units.
• Maintain a holistic, forward-looking view of non financial risk exposures, interdependencies, and emerging risks.
• Enable effective risk reporting and promote increasing risk maturity across the segment.
• Engage with relevant stakeholders across the segment, Centres of Excellence, and Group to fulfil the risk mandate.
• Proactively manage Internal Audit engagements and oversee the remediation of audit findings based on risk severity.
• Analyse risk information to identify trends, discrepancies, and opportunities for decision-making and improvement.

Risk Assurance

• Lead and execute second-line risk assurance activities across the segment.

Provide independent challenge over:

• Risk and Control Self-Assessments (RCSAs)
• Key Risk Indicators (KRIs) and risk appetite metrics
• Incident, loss, and breach management
• Management remediation plans and timelines
• Identify thematic issues and systemic control weaknesses, escalating material matters to relevant governance forums.
• Coordinate assurance insights with Internal Audit to strengthen coverage and avoid duplication.

Relationship Management

• Act as a key segment-level interface for BU and Super Segment Risk Heads on non financial risk and assurance matters.
• Build strong, trusted relationships that enable effective challenge, collaboration, and escalation.
• Provide clear guidance and interpretation of segment and Group NFR expectations while preserving second-line independence.
• Facilitate the effective flow of risk insights between BUs, Super Segments, and Group Risk functions.

Governance, Reporting and Escalation

• Support the preparation and delivery of segment-level NFR reporting to executive and risk governance committees.
• Ensure BU risk information is aggregated, comparable, and decision-useful at segment level.
• Escalate material risks, control weaknesses, and breaches of appetite in a timely and structured manner.
• Contribute meaningfully to segment risk committee discussions and decision-making.

Risk Culture and Capability Enablement

• Support the development of a strong risk culture and clear accountability across the segment.
• Contribute to capability uplift initiatives, guidance materials, training, and communities of practice.
• Conduct ongoing industry and regulatory research relevant to the Commercial Banking portfolio.
• Act as a trusted advisor on non financial risk and assurance matters, balancing challenge with pragmatic support.

Experience & Qualifications:

Essential

• 10+ years’ experience in Non Financial Risk, Operational Risk, Risk Assurance, or Internal Audit, preferably within financial services.
• Proven experience in second-line risk oversight, assurance, and governance.
• Strong understanding of non financial risk types, control frameworks, and risk appetite.
• Demonstrated experience engaging with senior stakeholders and governance forums.

Preferred

• Relevant professional qualification (e.g. CA(SA), CIA, CISA, FRM, or equivalent).
• Experience operating at segment or enterprise level across multiple business units.

End Date: April 7, 2026