Job Description

Job Purpose
To provide ongoing risk management support, guidance, identification, monitoring and review to the relevant divisions and allocated projects in line with the bank’s risk management frameworks, policies, standards and procedures. Embed the relevant risk management frameworks in the relevant divisions, track management actions & risk mitigation strategies and ensure effective reporting & escalation of risks to the relevant governance structures.
Job Responsibilities
  • Deliver on the Group Risk Management strategies and annual business plans aligned to regulatory requirements (BASEL, Banks Act) and take corrective action, where necessary.
  • Provide input into the enhancement of the Risk Management Frameworks, methodologies, policies, processes.
  • Monitor and analyse major operational risk losses and control breakdowns.
  • Develop and maintain partnerships with stakeholders to facilitate accomplishments of risk objectives.
  • Become a trusted advisor to, and influence decision making of stakeholders by providing an advisory service, guidance and support on risk management practices.
  • Management & Process Results by safeguarding information against accidental or unauthorised modification; destruction or disclosure by analysing business information in line with risk management practices.
  • Assist business with risk management for business as usual activities and projects; aligned with the Risk Management frameworks and guidelines.
  • Promote and maintain a culture of Risk awareness and accountability in the Division.
  • Assist with operationalisation of all components of Risk Management; ensuring that all relevant/related risks in GT are identified and measured.
  • Build and maintain internal stakeholder relationships through collaboration with stakeholders and regular communication via various media.
  • Managed stakeholder relationships by liaising with relevant stakeholders; including Group Risk functions; on a regular basis to assist in ensuring correct reporting to governance structures such as; EXCo; ERCO; Group Risk Committee and OPCOM. Attend relevant Manco meetings/Risk forums to participate in and effectively guide stakeholders in risk management activities.
Essential Qualifications - NQF Level
  • Advanced Diplomas/National 1st Degrees

Responsibilities + Skills

Building PartnershipsCommunicationDecision MakingStress Tolerance

Education

Building PartnershipsCommunicationDecision MakingStress Tolerance

Experience

5 - 8 years experience in IT Risk, Governance and Auditing

Job Summary

  • Published on: Wednesday, 4th December 2019
  • Designation: Risk Manager
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: on a call
  • Gender:
  • Application Deadline: Wednesday, 4th December 2019

About the Company

  • Company Name: Nedbank Recruiting.
  • Address:
  • Website: https://www.nedbank.co.za/
  • Company Profile:
  • Staying abreast of the various IFRS 9 modelling methodologies across retail and wholesale productsContributing to development aspects of the loss forecasting and stress testing framework and keeping the framework up to date as the methodology evolvesConducting ad hoc analysis on IFRS 9 PD, EAD, LGD and Survival models, as well as overall impairment calculations, for retail as well wholesale-type portfoliosConducting independent credit risk stress testing related research and using it as input into proposals and strategiesEngaging with various stakeholders across the organisation (including risk and finance) to discuss methodological aspects, business assumptions and results from the loss forecasting work stream

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