Manager, Non-Financial Risk

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, Mauritius and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you

PLEASE NOTE:

• This role is not open to relocation.  Only candidates who have residency and right to work in the Isle of Man can be considered.

To provide pro-active management and operational support enabling the implementation of the Non-Financial Risk (NFR) management strategy across the Business and Commercial Banking (BCB), Personal and Private Banking (PPB) and Corporate Functions (CF) considering the relevant 17 NFRs, and risk management processes to identify, report and mitigate risks.

Minimum Qualification: 

• Degree in Business Commerce or Risk Management

Experience Required :

• 5–7 years of experience in:
  • Risk management, with a focus on non-financial risk (NFR) across multiple risk types (e.g., fraud, information risk, third-party risk, operational risk).
  • Risk and control frameworks
  • Financial services industry
  • Senior stakeholder management

Key Outputs:

1. Implement and Embed the Non-Financial Risk (NFR) Framework
   Drive the execution of the NFR strategy across business units by applying group policies and risk appetite, ensuring proactive identification, assessment, and mitigation of all 17 NFR types.

1. Deliver Risk Insights and Advisory Support
   Provide value-adding risk assessments and guidance on strategic initiatives, new products, and change programs to ensure risks are quantified, mitigated, and aligned with business objectives.

1. Monitor and Report on Risk Exposure
   Conduct scenario planning, risk acceptance analysis, and root cause investigations. Track actual losses against risk appetite and escalate material exposures to relevant governance forums.

1. Support Regulatory Compliance
   Advise on information risk, business resilience,  third-party risk management, fraud risk, technology risk and compliance with regulatory and internal group requirements. Ensure business units understand and implement control measures effectively.

1. Champion Risk Culture and Continuous Improvement
   Promote a strong risk and control culture through knowledge sharing, awareness campaigns, and collaboration with stakeholders. Contribute to the evolution of the NFR framework based on emerging risks and business needs.

Behavioural Competencies:

• Articulating Information
• Challenging Ideas
• Convincing People
• Directing People
• Embracing Change
• Examining Information
• Exploring Possibilities
• Generating Ideas
• Making Decisions
• Providing Insights
• Resolving Conflict
• Upholding Standards

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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