Head, Non-Financial Risk, Jersey

Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals.

Our clients range from individuals to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, MAUs and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

NOTE: This role is not open to Relocation or Sponsorship. Jersey residents are eligible to apply.

To provide pro-active management and operational support enabling the implementation of the Non-Financial Risk (NFR) management strategy across the Business and Commercia Banking Clients (BCB), Personal and Private Banking (PPB), and Asset Management (AM) business units considering the relevant 17 risk types, and risk management processes to identify and mitigate NFRs.

Minimum Qualification: 

• First Degree in Business Commerce
• First Degree in Risk Management

Experience Required :

• 3 - 4 years experience in Risk & Corporate Affairs
• Practical knowledge and experience under Information Risk which would include an understanding of the Standard Bank South Africa (SBSA) Information Risk Framework and Data Privacy Standard or Industry exposure to similar standards such as the Information Security Forum (ISF) Standard of Good Practice and Protection of Personal Information Act (POPIA).
• Practical knowledge of risk, control frameworks, assurance & applications in financial services industry. Fully conversant in risk appetite, risk response & process improvement concepts. Understand both non-financial risk and financial reporting risk characteristics.

Key Outputs :

• Act as an interface for NFR in driving fraud risk management and liaising with NFR teams on information risk threats and controls in business strategy for all business units across all segments and channels.
• Act as the trusted risk management business partner by equipping business with the tools to mitigate financial, reputational, and regulatory impact of NFR incidents.
• Build and maintain credible relationships with internal and external stakeholders, including management, internal and external audit, non-executives, regulator as well as peers in local and international banks where applicable.
• Challenge and oversee the RCC process by ensuring effective risk focus and dialogue, reports and escalations that are based on factual data relating to framework and actions that drive clear accountability and ownership.
• Collaborate with direct and indirect reports to achieve desired business results through continuous improvement and mentoring activities. Complete the Risk and Control Self-Assessment (RCSA) for applicable business areas by considering all 16 risk types and capture onto the NFR management system. Conduct analysis of business impact and contribute to the formal process of driving risk acceptance for residual risk for items where the residual risk is too high, prepare recommendations to decline the requested change, and escalate to senior management for consideration.

Behavioural Competencies:

• Articulating Information
• Challenging Ideas
• Convincing People
• Directing People
• Embracing Change
• Examining Information

Technical Competencies:

• Analysing Insurable Risk
• Economic Capital Management
• Evaluating Risk Management Effectiveness
• Risk Identification
• Risk Measurement
• Risk Reporting
• Risk Response Strategy
• Risk/ Reward Thinking

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