Standard Bank Group

Runs banking and financial services across Africa

Non-Financial Risk Manager

Risk ManagementPosted on Nov 12

Full-timeJohannesburg, South AfricaNo salary listedIn-person

About the Job

Requirements

A first degree in Business Commerce or Risk Management is required.
Three to four years of practical knowledge and experience in operational risk management, including understanding of the Standard Bank Group Non-Financial Risk Framework and Policy or industry exposure to similar standards such as the Basel Sound Principles of Operational Risk Management.
Five to seven years of practical knowledge of risk and control frameworks, assurance, and applications in the financial services industry.
Must be fully conversant in risk appetite, risk response, and process improvement concepts, and understand non-financial risk and financial reporting risk characteristics.
Behavioral competencies include articulating information, challenging ideas, convincing people, directing people, embracing change, examining information, exploring possibilities, generating ideas, making decisions, providing insights, resolving conflict, and upholding standards.
Technical competencies include analysing insurable risk, economic capital management, evaluating risk management effectiveness, risk identification, risk measurement, risk reporting, risk response strategy, and risk/reward thinking.

Responsibilities

Lead development of the Group Non-Financial Risk framework and policies through technology, tools, and data in partnership with NFR portfolio heads and risk type heads across the group.
Act as a subject matter expert and specialist, providing guidance on Non-Financial Risk framework and policy adoption and applicability.
Act as an interface for Non-Financial Risk, driving non-financial risk management and liaising with NFR teams on risk threats and controls in business strategy across all business units, segments, and channels.
Serve as a trusted risk management business partner by equipping the business with tools to mitigate the financial, reputational, and regulatory impact of Non-Financial Risk incidents.
Build and maintain credible relationships with internal and external stakeholders, including management, internal and external audit, non-executives, regulators, and peers in local and international banks where applicable.

Desired Qualifications

Postgraduate qualification in Business Commerce or Risk Management.

Job Description

To lead the development of the Group Non Financial Risk framework and policies through technology, tools and data in partnership with NFR portfolio heads and risk type heads across the group. Act as a subject matter expect and specialist in providing guidance on the NFR framework and policy adoption and applicability.

Act as an interface for NFR in driving non-financial risk management and liaising with NFR teams on risk threats and controls in business strategy for all business units across all segments and channels.
Act as the trusted risk management business partner by equipping business with the tools to mitigate financial, reputational, and regulatory impact of NFR incidents.
Build and maintain credible relationships with internal and external stakeholders, including management, internal and external audit, non-executives, regulator as well as peers in local and international banks where applicable.

Qualifications

Minimum Qualifications

First Degree in Business Commerce or Risk Management
Preferred: Postgraduate in Business Commerce or Risk Management

Experience Required
Operational Risk Management

3-4 years Practical knowledge and experience under Operational risk which would include an understanding of the Standard Bank Group (SBG) Non-Financial Risk Framework and Policy or Industry exposure to similar standards such as the Basel Sound Principles of Operational Risk Management.
5-7 years Practical knowledge of risk, control frameworks, assurance & applications in financial services industry. Fully conversant in risk appetite, risk response & process improvement concepts. Understand both non-financial risk and financial reporting risk characteristics.

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

Additional Information

About the Company

Standard Bank Group

Runs banking and financial services across Africa

Standard Bank Group operates banking, insurance and investment businesses focused on Africa, serving individuals, families, businesses and institutional clients. Its services cover everyday accounts and payments, savings and lending, business finance, corporate transactions and investment banking. The group also manages insurance, asset management and wealth offerings that support clients through different financial needs and stages of life. Local banking operations connect with international centres and offshore hubs to support cross-border activity, trade and access to financial markets. Founded in 1862, the group is headquartered in Johannesburg, Gauteng, South Africa.

Company size: 10,001+
Company stage: Not listed
Total funding: Not listed
Headquarters: Johannesburg, South Africa
Founded: 1862

Recently Posted Jobs

Explore more opportunities at Standard Bank Group

See more jobs