Manager, Non Financial Risk (CIB & BCB)
- Full-time
- Business Segment: Group Functions
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