Senior Manager: Risk & Controls

Job Description

Job PurposeTo facilitate and coordinate the implementation; ongoing execution and continued enhancement of effective and efficient risk management practices within Nedbank to make us world class at managing risk and so achieve our strategic objectives.Job ResponsibilitiesProvide first-line-of defence support to help business proactively identify risk, effectively manage risk, and implement mitigant controls.Develop close relationship with second and third lines of defence and provide support to manage engagements and interactions with business.Support businesses to proactively manage reporting and input into risk processes and committeesThis includes identifying potential risks, guiding strategy formulation, and implementing the Operational Risk. Management Framework (ORMF) and the Enterprise Risk Management Framework (ERMF) for efficiency, effectiveness and regulatory compliance.Any emerging problems should be addressed by formulating and implementing a problem recognition and solving process in accordance with OMRF and EMRF.Ensure establishment of effective enterprise risk management committees by implementing processes that comply with the ERMF requirements and the Enterprise Risk Committee (ERCO) charter.Establish executive-level credibility by managing clients and accessing the business know-how.Maximise profit by managing operational losses within thresholds. 

Responsibilities + Skills

Business AcumenData analysisGovernance, Risk and Controls

Education

Relevant Masters QualificationMinimum Experience Level5 years + relevant experience

Experience

Job Summary

  • Published on: Thursday, 24th August 2023
  • Designation: Senior Manager: Risk & Controls
  • industry: Miscellaneous
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: kimberley
  • Salary: 0
  • Gender:
  • Application Deadline: Thursday, 24th August 2023
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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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