Job Description

Job Requisition Details and Talent Acquisition Contact

REQ ID: 142781 - Michelle Thabethe

Clsoing date: 21 November 2025
Cluster and Location

Group Finance - RISK MANAGEMENT

Sandton, Johannesburg
Job Family
Risk, Audit and Compliance
Career Stream
Enterprise Wide Risk Management
Leadership Pipeline
Manage Self: Professional

Job Purpose

To facilitate and coordinate the implementation; ongoing execution and continued enhancement of e?ective and e?cient risk management practices within Nedbank Balance Sheet Management Division (BSM) to make us world class at managing risk and so achieve our strategic objectives.

Job Responsibilities

Develop and drive Risk strategy, budget and deliverables, and reporting processes in line with the needs and standards of the business and its strategy. Develop risk plans that enable the implementation of the business strategy by breaking it down into targets and obtaining approval of plan from relevant strategic committees such as EXCO; ERCO; BUCC; OPCOM etc. Ensure compliance with regulations and prevent losses by facilitating risk management in the business and by engaging with relevant stakeholders regarding risk related issues. This includes identifying potential risks, guiding strategy formulation, and implementing the Operational Risk Management Framework (ORMF) and the Enterprise Risk Management Framework (ERMF) for e?ciency, e?ectiveness and regulatory compliance. Any emerging problems should be addressed by formulating and implementing a problem recognition and solving process in accordance with OMRF and EMRF. Ensure establishment of e?ective enterprise risk management committees by implementing processes that comply with the ERMF requirements and the Enterprise Risk Committee (ERCO) charter. Ensure alignment of area business processes to the Group Risk Framework by participating and providing information to Nedbank Risk Committees. Build long-term relationships and support stakeholders in reaching business objectives by keeping abreast of and sharing industry information with stakeholders. Maximise pro?t by managing operational losses within thresholds. Ensure the business fully complies with risk standards by revising cluster risk process guidelines. Mitigate risks by providing the business with relevant information; guidance and advice based on regulatory standards; compliance and audit ?ndings. Evaluate and analyse area audit ?ndings and management improvement comments; by assessing whether actions will result in improvement and by making recommendations Share information and knowledge with stakeholders; peers and team to by driving awareness campaigns. Ensure transformation targets are met through sta? recruitment, retention and training, and supplier selection. This includes contributing towards a culture of transformation, and embedding Nedbank's vision, values and strategy in support of the business reputation. Participate in, and ensure managers encourage sta? to, support CSI activities that support the business strategy, eg Green Strategy. Ensure that issues raised in culture surveys are addressed. Deliver worldclass service and a client-centric culture by making any necessary interventions. Identify and address any resource ine?ciencies through multi-skilling and resource gap management.

Essential Qualification - NQF Level

Bachelor of Commerce: Honours - Accounting , Bachelor of Commerce: Honours - Internal Auditing/ CA(SA) Preferred Qualification
CA(SA) Minimum Experience Level
8 to 10 years risk management experience and 5 years in a people management position

Technical / Professional Knowledge

Budgeting Business terms and de?nitions Capacity planning Client service management Communication Strategies Diversity management Financial Accounting Principles Governance, Risk and Controls Organisational behaviour theory Principles of project management Relevant regulatory knowledge Stakeholder management Strategic planning Risk Management Policies, Procedures and Best Practices(ERM and ORM Knowledge) Business Reporting Skills Behavioural Competencies
Building Partnerships Coaching Continuous Learning Customer Focus Facilitating Change In?uencing
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Please contact the Nedbank Recruiting Team at +27 860 555 566