Job ID 136606 Closing Date: 31 October 2024 Job Family Risk, Audit and Compliance Job Purpose To develop and monitor the implementation of the Operational Risk Management Framework in Nedbank and its subsidiaries to comply to regulatory requirements and ensure alignment to international best practice.
Job Responsibilities Ensure adherence to data policies, standards, and other relevant risk-related policies.
Promote compliance with risk management guidelines and standards across the cluster infrastructure.
Regularly interact with key stakeholders, including Group Risk functions, to ensure proper reporting to governance bodies such as EXCo, ERCO, Group Risk Committee, and OPCOM.
Attend pertinent Manco meetings and Risk forums to actively engage with and guide stakeholders in risk management practices.
Identify and propose improvements to business processes and systems, adding value to Nedbank by finding more efficient methods of operation.
Support and facilitate risk management within strategic projects, ensuring alignment with Risk Management frameworks and guidelines.
Ensure effective risk management by adhering to the specified guidelines for the cluster.
Implement Risk Management methodologies and tools by assisting management in developing risk profiles at the strategic process level.
Address identified risks, evaluate risk profiles for completeness and quality, and recommend adjustments for better alignment and effectiveness through consultation with the cluster on potential control measures and action plans.
Assist with the implementation of all components of Risk Management, ensuring that all related operational risks in GT are properly identified and measured.
Verify and measure the adequacy of internal Risk Management processes and procedures.
Continuously review and improve workflows and process efficiency.
Review, analyse, and follow up on risk reports as needed.
Essential Qualifications - NQF Level Advanced Diplomas/National 1st Degrees Preferred Qualification & Certifications Data Risk or Data Analytics qualifications or certifications will be advantageous Minimum Experience Level Five years' experience in an IT risk and or Data Risk Management role.
Technical / Professional Knowledge Banking procedures Business terms and definitions Communication Strategies Data analysis Principles of financial management Principles of project management Relevant software and systems knowledge Technologies Cluster Specific Operational Knowledge operational risk Behavioural Competencies Building Partnerships Communication Decision Making Stress Tolerance Technical/Professional Knowledge and Skills Adaptability --------------------------------------------------------------------------------------- Please contact the Nedbank Recruiting Team at +27 860 555 566