Senior Risk Manager

Requisition Details & Talent Acquisition Contact

Requisition nr: 142778
Talent Acquisition Specialist: Tshego Semenya
Location: 135 Rivonia Road, Sandown
Closing date: 19 November 2025

Cluster

Nedbank, Business and Commercial Banking 

Career Stream

Leadership Pipeline

Position

Senior Risk Manager – Environment, Sustainability and Governance

Why join our team!

This is a rare opportunity to join Nedbank at a strategic inflection point where ESG risk management is being embedded deeply into the business. As a Senior Risk Manager – ESG, you’ll play a pivotal role in shaping the cluster’s sustainability journey by operationalising ESG frameworks, advising on climate risk, and reporting directly to senior stakeholders. You’ll be part of a highly collaborative, fast-paced team that values autonomy, innovation, and purpose-driven impact. The role offers exposure to high-level strategic initiatives, including glidepath development, transition risk analysis, and regulatory alignment with SARB climate risk guidelines. You’ll have the chance to influence decision-making at the highest levels, contribute to long-term resilience, and help drive Nedbank’s transformation agenda. If you’re passionate about sustainability, risk, and making a measurable difference, this role offers the platform, visibility, and support to do just that. 

Job Purpose

To ensure that the Group Risk Framework is embedded; operationalised and implemented within the business and provide advice and guidance to mitigate business risks and ensure that regulatory requirements are met.

Job Responsibilities

Policy & Framework Management

• Embedment of Nedbank Group, and specifically, ESG Policies and frameworks within the cluster, through active participation in and Risk representation in steering committees.
• Maintaining and interpreting risk and compliance policies, including climate risk frameworks.
• Operationalise the Nedbank Group, and specifically the ESG Frameworks by ensuring that cluster level governance structures and charters are implemented; ensuring adequate risk reports generated; risk meetings held and ESG processes & strategy are aligned with group.

Risk Oversight

• Monitoring adherence to Nedbank Group, specifically ESG risk frameworks, regulatory requirements, and governance standards.
• Climate risk oversight and gap analysis for regulatory compliance and policy conformance.
• Ensure the business fully complies with ESG risk standards by revising cluster and risk process guidelines.
• Mitigate ESG risk by providing business with relevant information; guidance and advice based on regulatory standards; compliance and audit findings. Ensure improvements on identified risks by engaging with business; understanding risks and by creating action plans.

Advisory & Challenge

• Advisory on risk frameworks related to sustainability and SARB requirements.

• Acting as a critical challenger to business decisions, embedding risk considerations in processes and ensuring alignment of strategy to Nedbank’s environmental and sustainability targets.
• Evaluate and analyse relevant audit findings and management improvement comments; by assessing whether actions will result in improvement and by making recommendations.
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

Monitoring & Reporting

• Monitoring and reporting progress on climate risk initiatives.

Reporting & Escalation

• Preparing risk reports for senior management and escalating significant issues promptly.

Regulatory Enablement

• Coordinating responses and gap analyses for regulatory bodies (e.g., SARB climate risk requirements).

Awareness & Capability Building

• Driving risk awareness initiatives and supporting training across business units.

Job Responsibilities Continue

Management Oversight

• Accountable for tracking the performance and conformance of the team to SEMS process SLAs by streamlining processes and creating efficiencies.
• Improve work processes; productivity and reduce costs by offering innovative ideas and input to Group and/or business stakeholders and through soliciting input from managers and colleagues.

Foster Healthy Risk Culture and forge business and stakeholder relationships

• Build relationships; by reporting risk issues and by providing risk related information to strategic committees; as per the Group Risk Framework.

Foster Healthy Risk Culture and forge business and stakeholder relationships

• Build long-term relationships and support stakeholders in reaching business objectives by keeping abreast of and sharing industry information with stakeholders.

Manage Personal Growth and Knowledge

• Keep abreast of industry changes and legislative changes that impacts on role by reading the relevant newsletters, websites and attending sessions.

Embody the Nedbank values

• Contribute to a culture conducive to the achievement of transformation goals (targets) and support business strategies that improve corporate image by participating in Nedbank Culture building initiatives (e.g. Surveys etc.).
• Achieve business strategy by participating and encouraging others to participate in and support corporate social responsibility initiatives.
• Foster transformation of the workplace and support Nedbank achievement of the BEE initiatives and transformation targets; by contributing to an environment where diversity is valued.
• Foster transformation of the workplace and support Nedbank achievement of the BEE initiatives and transformation targets; by contributing to an environment where diversity is valued.

Essential Qualifications - NQF Level

Preferred Qualification

• Environmental/Sustainability related, LLB, Commerce (B.Comm), BSc or similar

Preferred Certifications

• Sustainability and Climate Risk (SCR®) Certificate (or similar)

Minimum Experience Level

• 3+ years experience in ESG Risk Management
• Hands-on experience in ESG risk management within banking or financial services.
• Proven ability to embed ESG frameworks and conduct climate risk gap analyses.
• Strong understanding of regulatory requirements, including SARB climate risk guidelines.
• Skilled in preparing and presenting ESG risk reports to senior stakeholders, including Group Risk and Board Committees.
• Demonstrated capability in aligning ESG strategy with governance structures and business objectives.
• Comfortable working independently in a fast-paced, collaborative environment.
• Experience in driving ESG awareness and capability building across teams.

Technical / Professional Knowledge

Disclaimer

Preference will be given to candidates from the underrepresented groups

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