Job Description

Who are we?

Glacier by Sanlam brings together leading experts and respected financial services companies to meet clients' investment needs. We deliver focused investment services through specialist teams, partner with acclaimed financial intermediaries and pride ourselves on our superior products and solutions and high quality service. We offer a comprehensive range of investment solutions, designed to assist in the creation and preservation of wealth. Our offering encompasses local investments, including fixed term investments and investments with guarantees, international investments, retirement saving solutions, and retirement income solutions. While each solution has its own distinct purpose, they all share the world-class quality and commitment that have come to distinguish Glacier.

What will you do?

Job Purpose

The primary purpose of the Risk Management function is to enable risk management in a dynamic way as to assist the organisation in making informed decisions to enable the achieving of organisational objectives.

It is part of governance and leadership and how the organisation is managed and includes interaction with stakeholders as an integral part of all activities of the organisation. Managing risk considers the internal and external context of the organisation including human behaviour and cultural factors and risk professionals enable leadership to create and protect value in organisations by supporting excellent decision-making through managing risks and opportunities.

Key Outcomes

The following outcomes will be expected to be achieved by the Senior Risk Manager:
Support, advise and assist management and staff across the value chain to embed risk management in line with the Glacier Enterprise Risk Management (ERM) Framework. Ensure that risk management processes (identify, assess, measure, respond, monitor, and report) are implemented within assigned business units/areas in line with Group requirements. Manage the rollout of risk policies in line with Group requirements, and review, and if necessary, challenge policy compliance attestations conducted by management. Monitor and challenge the adequacy and effectiveness of the risk management system and internal control environment. Contribute to, and if necessary, challenge the completeness of the identification of risks to the achievement of business strategy and objectives. Advise management and staff on developing processes and controls to proactively manage and mitigate risks. Challenge and advise on management actions to reduce risks to be within appetite, including as it relates to the remediation of control weaknesses. Investigate, analyse, and report on risk events (includes operational losses) in line with the Group requirements and advise on appropriate remedial actions to effectively address any control weaknesses. Prepare accurate and complete risk reports and dashboards for tabling at various governance structures (including Boards and Risk Committees) and ensure timely escalation of risks to the Cluster Risk teams. Collaborate with all functional areas across the business to ensure that risk management practices are integrated into all elements of the organisation's risk management activities. Participate and/or execute on ad hoc risk management initiatives/ projects. Oversee development of the institution's policies, procedures and controls to ensure a successful AML/CFT program. Identify and drive mitigation of AML/CFT risks considering the applicable AML/CFT laws and regulations that the financial institution must comply with. Drive awareness training across the organisation on Risk Management, AML & Forensics. Maintain effective and sound relationships across the Sanlam Group. Provide leadership, mentorship and guidance to a high performing governance team. Qualifications and Experience

Relevant Tertiary qualification (B. Com / Certified (or progressing towards certification) Risk Management Practitioner with at least 7 years' experience in Operational Risk Management in the Financial Services industry.

Computer literacy skills (MS Excel intermediate level) and knowledge of process analysis techniques essential

Sound knowledge and experience in governance, risk management and control principles would be an advantage.

Competencies

Client focus Cultivates innovation Collaborates Being resilient and adaptable Drive results Attention to detail Managing workload Information gathering and monitoring Analytical thinking and Problem Solving Ability to influence risk-related decision-making

Attributes

Positive, enthusiastic attitude Ability to thrive under pressure Honesty, integrity and respect Teamwork Ability to work independently Growth mindset and empowered self Leadership skills, and the ability to inspire, lead and motivate a high-performance governance team

What will make you successful in this role?

Qualification and Experience

Degree or Diploma with 6 to 8 years related experience.

Knowledge and Skills

Risk management
Data Collection
Business Processes
Reporting and Administration
Quality, compliance and accreditation

Personal Attributes

Organisational savvy - Contributing through others
Manages complexity - Contributing through others
Plans and aligns - Contributing through others
Optimises work processes - Contributing through others

Build a successful career with us

We're all about building strong, lasting relationships with our employees. We know that you have hopes for your future - your career, your personal development and of achieving great things. We pride ourselves in helping our employees to realise their worth. Through its five business clusters - Sanlam Fintech, Sanlam Life and Savings, Sanlam Investment Group, Sanlam Allianz, Santam, as well as MiWay and the Group Office - the group provides many opportunities for growth and development.

Core Competencies

Cultivates innovation - Contributing through others
Customer focus - Contributing through others
Drives results - Contributing through others
Collaborates - Contributing through others
Being resilient - Contributing through others

Turnaround time

The shortlisting process will only start once the application due date has been reached. The time taken to complete this process will depend on how far you progress and the availability of managers.

Our commitment to transformation

The Sanlam Group is committed to achieving transformation and embraces diversity. This commitment is what drives us to achieve a diverse, inclusive and equitable workplace as we believe that these are key components to ensuring a thriving and sustainable business in South Africa. The Group's Employment Equity plan and targets will be considered as part of the selection process.