Title:  Senior Risk Manager

Job Requisition Details

Requisition ID: 146156

Location: Johannesburg, Gauteng

Closing Date: 18 June 2026

Talent Acquisition:  Bongiwe Mchunu

Job Family

BCB Risk, Audit and Compliance

Career Stream

Leadership Pipeline

FAIS Affected

Job Purpose

Why Join Our Team

Job Responsibilities

• 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.
• Improve work processes; productivity and reduce costs by offering innovative ideas and input to Group Risk and/or stakeholders and through soliciting input from managers and colleagues.
• 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.
• Ensure alignment of area business processes to the Group Risk Framework by participating and providing information to Nedbank Risk Committees.
• Keep business updated on a regular basis and analyse information generated from the risk exercises by ensuring that risk monitoring exercises across the business take place and are in line with all known risks.
• Ensure business processes and systems are functioning by identifying and documenting risks.
• Track the performance and compliance of the team by allocating tasks to the team according to different risk areas.
• 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 findings.
• Evaluate and analyse area audit findings and management improvement comments; by assessing whether actions will result in improvement and by making recommendations.
• Meet financial objectives by containing costs.
• Ensure improvements on identified risks by engaging with business; understanding risks and by creating action plans.
• Operationalise the Nedbank Group Risk Framework by ensuring that business unit level ERCO governance structure and charters are implemented; ensuring adequate risk reports generated; risk meetings held and risk processes aligned with group.
• Build and maintain relationships with clients and service providers through attending meetings and utilising networking opportunities.
• Share information and knowledge with stakeholders; peers and team to by driving awareness campaigns.
• Build relationships; by reporting risk issues and by providing risk related information to strategic committees; as per the Group Risk Framework.

Job Responsibilities Continued

• Build long-term relationships and support stakeholders in reaching business objectives by keeping abreast of and sharing industry information with stakeholders.
• Support the achievement of the business strategy; objectives and values by understanding Nedbank risk strategy and Business Unit Plan.
• Identify training courses and career progression for self through input and feedback from management.
• Ensure all personal development plan activities are completed within specified timeframe.
• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
• 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.
• Identification of operational bottlenecks linked to risk controls.
• Perform risk assessments, with tracking of action owners to close gaps.
• Fraud incidents - focus on client fraud exits.
• Managed goodwill review process for Ops risk incidents escalated by business.
• Managed 3rd party/outsourcing risks.
• Monitoring in accordance with coordinated assurance plan, tracking outcomes and remedial action - by due date.
• All BCPs in place and tested (desktop & resumption sites) by due date.
• Managed RCSAs and KRIs for each business/division

Our Ideal Candidate

Essential Qualifications - NQF Level

Qualification

Preferred Certifications

Minimum Experience Level

Technical / Professional Knowledge

Behavioural Competencies