Company Description
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that 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. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description
To support the Head of Non-Financial Risk Management in the effective and proactive management of Non-Financial Risk (NFR) within Corporate & Investment Banking (CIB) and Business & Commercial Banking (BCB), act as a trusted risk management partner that equips business with the tools to proactively identify and manage Non-Financial risks. This includes e.g. Information, Third Party, Resilience, Technology, Cyber, Regulatory, Legal, People, Compliance, Transaction Processing and Financial Crime /fraud Risk etc. The role requires operation at both a tactical and strategic level in designing and implementing appropriate risk management support and advice to the CIB & BCB Business and supporting functions across the value chain.
- Facilitate the alignment of the NFR management process with Group Policies and appropriate regulatory framework.
- Communicate the NFR framework, standards, and other risk principles effectively to the business i.e., Risk and Control Self Assessments (RCSA’s), Key Risk Indicators (KRI’s), Operational Risk Incidents, Resilience (Business Continuity), Information Risk, and Risk Assurance.
- Encourage a high level of awareness of NFR risk in the business.
- Provide a central point of reference and expertise in NFR matters to the business. Provide oversight and guidance to the business stakeholders during the third-party life cycle
- Identify major risks affecting the business and take necessary steps to measure, monitor and control accordingly.
- Review and evaluate internal controls and propose appropriate recommendations for any changes and/or enhancements.
- Facilitate the risk and control self-assessment implementation in the functional area in terms of coverage, frequency, participation, and assurance activities.
Qualifications
- First Degree in Risk Management, Business Commerce or related from a recognised Institution
- Other qualifications: Risk Management (FRM) certification / Internal Audit, Compliance or Data Analytics related qualifications
Experience Required
- Atleast 3-4 years Operational Risk experience with practical knowledge of risk and control frameworks and application in financial services industry.
- The ability to interpret NFR frameworks, regulations and laws that apply to the business and to provide information to business on how to comply
- Practical knowledge of risk, control frameworks, assurance & applications in financial services industry.
Additional Information
Behavioural Competencies:
- Generating Ideas
- Providing Insights
- Interpreting Data
- Convincing People
- Making Decisions
- Establishing Rapport
Technical Competencies:
- Risk/ Reward Thinking
- Risk Identification
- Risk Response Strategy
- Evaluating Risk Management Effectiveness
- Risk Measurement
- Risk Reporting
- Economic Capital Management
Similar Jobs
What We Do
As a brand with a legacy of 161 years in Africa, we have a deep understanding and belief in the boundless opportunities that this continent presents. Our vision extends beyond mere geography; it encompasses a profound recognition of the potential for growth that resonates within our people, customers, entrepreneurs, and all who share our unwavering commitment and passion for investing in Africa. With a presence in 20 countries across sub-Saharan Africa, we have cultivated a diverse community of the most skilled, innovative, and creative minds in the industry. Our purpose is to drive Africa's growth, acting as a catalyst for inclusive and sustainable economic development in the regions we serve. We strive to improve the lives of our fellow Africans by conducting business in an ethical and responsible manner. As a trusted partner, we consistently set higher standards and aspire to become better with each endeavour. We are more than just a banking institution; we are a driving force behind Africa's growth. Join us on this transformative journey. Together, we have the collective power to propel Africa into the future, making tangible progress for all who proudly call Africa home.
