Operational Risk Manager

Johannesburg, Gauteng, South Africa

Job Description

Job Classification
Job Family
Risk, Audit and Compliance
Career Stream
Operational Risk
Leadership Pipeline
Manage Self: Professional
FAIS Affected
Job Purpose
To implement and maintain the Groups operational risk management framework through partnering with business to manage operational risk and ensure compliance to regulatory requirements; as per Nedbank business strategy.
Job Responsibilities

  • This role will support the Senior Manager and cover the portfolio of Client Operations (Lending Middle Office Areas),HR, Marketing and Strategy.
Build sound professional relationships with clients through collaboration; client focus; innovative growth; excellent execution; taking ownership
  • Build trust with clients through professional conduct and providing advice and guidance.
  • Develop professional working relationships with internal stakeholders (Other Risk functions; Group; Audit etc.) through collaboration; liaising with various stakeholders to improve the framework.
  • Strong Team player
  • High Performer
  • Optimise business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
  • Improve the risk culture through on-going active contribution (awareness campaigns and day to day interaction with stakeholders and clients).
  • Deliver efficiency initiatives
  • Identify and assess the risk and controls relevant to the portfolio in terms of operations; new products; projects; systems and the environment
  • Ensure that risks are well managed and assurance monitoring plans are well defined and effective.
  • Monitor adherence and compliance to the operational risk management framework.
  • Ensure that the operational risk reporting to the various governance forums are accurate; relevant and comparable by reporting timeously.
  • Prevent recurrence of incidents by undertaking investigations; classifying and reporting operational risk incidents.
  • Ensure appropriate evidence of risk management by adhering to internal governance standards.
Job Responsibilities Continue
People Specification
Essential Qualifications - NQF Level
  • Advanced Diplomas/National 1st Degrees
Preferred Qualification
MBA/CA
Essential Certifications
Preferred Certifications
Minimum Experience Level
3-5 years experience in banking risk
Technical / Professional Knowledge
  • Change management
  • Communication Strategies
  • Governance, Risk and Controls
  • Industry trends
  • Principles of financial management
  • Principles of project management
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Research methodology
  • Cluster Specific Operational Knowledge
Behavioural Competencies
  • Communication
  • Technical/Professional Knowledge and Skills
  • Building Partnerships
  • Adaptability
  • Stress Tolerance
  • Decision Making

Please contact the Nedbank Recruiting Team at +27 860 555 566

Skills Required

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Job Detail

  • Job Id
    JD1522986
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned