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Position

Manager: Risk Appetite

Details

Location: 

Johannesburg, ZA

Date:  15-Jan-2022
Reference: 

Requisition Details & Talent Acquisition Contact

REQ 112254 - Tshego Semenya

Location

JHB - Sandton

Cluster

Group Risk

Career Stream

Operational Risk

Leadership Pipeline

Manage Self: Professional

Position

Manager: Risk Appetite

Job Purpose

To actively participate in the management of risk strategy, risk appetite, strategic, business and new regulatory risks across the bank and Group by providing sound leadership, effective effort, advice, support, monitoring and oversight within the risk governance framework and processes to embed commercial driven risk management requirements into business processes and ensuring escalation of management information and risk-based reporting to facilitate the monitoring and management of such risk in order to achieve Nedbank’s strategic objectives. The role provides an enterprise level view across all risk types and products, significant exposure to senior executives and an opportunity to develop enhanced business acumen related to the integration between strategic risk, risk appetite, capital and the bank’s strategic plans.

Job Responsibilities

  • Support to co-ordinate, enterprise wide, the bank’s risk strategy and the alignment between risk strategy, risk appetite and business plans/ objectives to ensure effective risk management and regulatory considerations are embedded in the business strategy and planning process.
  • Keep an updated inventory of all risk appetite statements’ measurement and targets as well as target breaches
  • Keep an updated inventory of all risk appetite statements (at Board, Group Exco, Cluster and BU levels)
  • Contribute to the ICAAP and Pillar 3 reports
  • Participate in all aspects of the annual risk appetite update process, including development of the qualitative components, quantitative targets and limits and associated risk appetite statements
  • Support to execute and mature the risk appetite program including annual target and limit setting, monitoring and breach escalations
  • Participate in the annual refresh of the Group risk appetite policy and framework
  • Provide training, guidance and advisory where required on the risk appetite framework and policy
  • Review risk appetite limit and target breaches and breach limitation plans to ensure compliance with requirements outlined in the risk appetite policy and work closely with business and risk owners to address any issues
  • Produce required risk appetite and strategic risk reporting

Minimum Experience Level

  • Industry qualifications in banking where available
  • 3 to 5 years’ experience in enterprise wide risk management (preferably in banking)

Essential Qualifications - NQF Level

  • Advanced Diplomas/National 1st Degrees

Preferred Qualification

  • Chartered Accountant , Advanced Diplomas/National 1st Degrees
  • MBA

Type of Exposure

  • Conducting root cause analysis
  • Developing ways to manage risks
  • Drafting reports
  • Sharing information in different ways to increase internal stakeholders understanding
  • Writing business proposals
  • Communicating complex written information Interacting with regulatory and industry bodies
  • Identifying trends
  • Preparing and delivering presentation
  • Analysing business operations
  • Managing multiple projects

Technical / Professional Knowledge

  • Banking procedures
  • Business terms and definitions
  • Communication Strategies
  • Data analysis
  • Principles of financial management
  • Principles of project management
  • Relevant software and systems knowledge
  • Technologies
  • Cluster Specific Operational Knowledge
  • operational risk

Declaration

Preference will be given to candidates from the underrepresented groups

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

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

 

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