Job DescriptionTo lead the Risk Team in implementing the Risk Strategy by analyzing, managing and mitigating all risks within the Bank
Ensure that processes are in place for identification, assessment and managements of risks affecting the segmentAnalyse and review business processes and assess the extent to which they comply with the Bank's trading minimum standardsAnalyse and identify monthly, quarterly and biannual trends, spikes and anomalies across the various risk profiles at a branch, subsidiary and overall Africa level in order to formulate appropriate action plans to mitigate or reduce riskAs required, capture operational breakdowns into open pagesReview quarterly self-assessments (PRCIA) and provide feedback on control weaknessesReview and cascading of applicable Policies and Frameworks. Review end-to-end business processes of each CIB business unitIdentify gaps and weaknesses in the business which could give rise to risk. Collaborate with CIB teams to develop remedial action plansProvide a full operational risk view for the segment Job Details Application Closing Date
06/07/24 All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.
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About UsFirstRand provides a comprehensive range of financial services in South Africa and certain markets in broader Africa. The group also offers certain niche products and services in the UK and India. Listed on the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), FirstRand Limited is the largest financial institution by market capitalisation in Africa.
The group follows a multi-branding approach. Its portfolio of financial services businesses includes FNB, RMB, WesBank, Ashburton Investments, Aldermore, MotoNovo, DirectAxis and MotoVantage. Many are leaders in their respective segments and markets, offering transactional, lending, investment and insurance products and services The FirstRand Corporate Centre houses many of the critical functions required by a large and complex financial services group.
The group's track record of delivering superior returns to shareholders has been achieved through a combination of organic growth, acquisitions, innovation and the creation of completely new businesses.
The group's purpose of delivering Shared Prosperity provides many opportunities for employees to innovate to address social and environmental challenges in our markets. All of our businesses have successful Volunteering programmes which also allow employees to adopt and support causes close to their hearts.
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