Senior Manager: Operational Risk

2 weeks ago

Johannesburg, Gauteng, South Africa Nedbank Full time

Requisition Details & Talent Acquisition Contact

  • REQ Tshego Semenya
    Cluster
  • Group Risk
    Career Stream
  • Operational Risk

Leadership Pipeline

  • Manage Self: Manager of Others
    Position
  • Senior Manager: Operational Risk
    Job Purpose
  • To develop, monitor, and report on the implementation of the Operational Risk Management Framework in Nedbank and its subsidiaries to comply to regulatory requirements and ensure alignment to international best practice.
  • Coordinate the production of Risk Assurance reports to facilitate the effective monitoring and management of operational risk across the group and adhere to regulatory requirements. Drive the strategic effectiveness of Risk Assurance and continually enhance the operational risk governance processes.

Responsibilities:

  • FACILITATE GOVERNANCE:_
  • Maintain a strong oversight of the Operational Risk Management Framework (ORMF) in terms of adherence to Group Policies and Procedures, regulatory requirements, and sound corporate governance principles.
  • Provide input into the enhancement of the ORMF methodologies, policies, processes and provide guidance through research to address operational risk challenges in Nedbank and its subsidiaries.
  • Ensure the implementation of the ORMF across Clusters.
  • Embedding and enhancing the Advanced Measurement Approach (AMA) and the New Standardised Approach (NSA) requirements.
  • Ensure improved business results by providing strategic advice to the Group on the AMA, operational risk systems and operational risk management.
  • Contribute to the setting of operational risk appetite for the Group, client facing Clusters and operational risk event type in line with the Group Risk Appetite Framework.
  • Manage the operational risk capital level, profile, and risk appetite ranges.
  • To provide guidance, assistance, and support to operating areas in the development of their own Risk Profiles on a continuous basis.
  • Assess the relevance of the top international risks/emerging risks to Nedbank.
  • Champion innovation and best practice enhancements in operational risk management and oversight.
  • Improve the effectiveness and relevance of internal and external loss operational risk data through the analysis, interpretation and increased usage of operational risk data elements and benchmark against international best practice for improved operational risk practices.
  • Develop and execute the Risk Assurance plan to ensure adequate oversight and coverage of key risks within the Group.
  • Review outcome of operational risk practices of stakeholders by analysing, reviewing, and assessing internal controls via targeted assurance reviews/activities.
  • Monitor and analyse major operational risk losses and control breakdowns through the facilitation of root cause analysis conducted by stakeholders and recommend appropriate corrective action and/or interventions.
  • Identify regulatory changes and potential future operational risk impacts through scanning of the business, regulatory and international environments to enable stakeholders to prepare for future potential operational risks.
  • Create, promote, and embed a culture of operational risk management by providing operational risk training interventions, client engagements and awareness.
  • MANAGE REGULATORY REQUIREMENTS:_
  • Maintain regulatory requirements and sound corporate governance principles.
  • Provide input into, and advice on the alignment between regulatory capital and Nedbank clusters' risk profile and risk appetite by recommending corrective action or mitigating strategies to minimise exposure.
  • BUILD RELATIONSHIPS:_
  • Establish, maintain, and manage strategic partnerships and longterm relationships with internal and external stakeholders.
  • PROMOTE DEVELOPMENT AND LEARNING:_
  • Take ownership of your role and personal development to cultivate a deeper understanding of information to better meet requirements of internal and external stakeholders.

Essential Qualifications - NQF Level

  • Professional Qualifications/Honour's Degree

Preferred Qualification

  • BCom in Risk Management, Finance, Financial Management, Accounting, Auditing, or Information Systems
  • Minimum Experience Level 10 years financial services experience;
  • Significant Operational risk experience;
  • Significant risk management experience;
  • Significant internal control and assurance experience;

Type of Exposure

  • Conducting root cause analysis
  • Analysing situations or data that requires an indepth evaluation of multiple factors
  • Developing ways to minimise risks
  • Drafting executive and board committee risk reports
  • Managing conflict situations
  • Influencing stakeholders to obtain buyin for concepts and ideas
  • Sharing information in different ways to increase stakeholders understanding
  • Brainstorming ways of improving a product or situation
  • Challenging the status quo with a view to improving the environment or peoples understanding
  • Communicating standards to oth

  • Senior Manager: Operational Risk

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Senior Manager: Operational Risk Location: Nedbank 135, Rivonia Road, Sandown, Sandton. Closing Date 16 April 2024 Career Stream Operational Risk Leadership Pipeline Manage Self: ProfessionalJob Purpose To develop and monitor the implementation of the Operational Risk Management Framework in Nedbank, NAR to comply to regulatory requirements and ensure...

  • Senior Operational Risk Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryThe...

  • Operational Risk Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Logic 360 Group Full time

    The Operational Risk Manager supports achievement of the organisation's strategy by assisting the business in the development and implementation of "fit for purpose" enterprise risk management frameworks which are aligned to business processes and the Agile methodology. Being responsible for Operational Risk across the group (Consumer and Merchant segments)...

  • Operational Risk Senior Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Fempower Personnel Full time

    A well-established company within the Automotive space is seeking the expertise of a Senior Manager who will focus on Operational Risk, Maintenance and Service Plans Processes to be based in JHB North.The Key Responsibilities for this Role Include Technical advice on vehicle maintenance Parts Analysis Implementation of processes and procedures Engagement...

  • Operational Risk Manager: Risk Identification and

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryDevelop and...

  • Senior Risk Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition Contact REQ 127711: Bongiwe MchunuLocation SandtonCluster Retail Relationship Banking and Consumer BankingLeadership Pipeline Manage Self: ProfessionalPosition Payments Senior Risk ManagerJob Purpose The Payments Senior Risk Manager role supports the Head of Risk in the continued implementation, embedding and...

  • Operational Risk Head

    2 weeks ago

    Johannesburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionTo implement, align and maintain RMBs Operational Risk Framework in order to ensure the bank is protected from operational risks that could interfere with the achievement of business goals and objectivesTo guide the efficient and effective governance of operational risk and related opportunities across the business, ensuring that the...

  • Operational Risk Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa FirstRand Full time

    About us, purpose, experience and qualificationsabout us:- make a promise- be deeply invested- value our differences- build trust, not territory- have courage- always do the right thingpurpose: To conduct comprehensive identification of all key operational risks in allocated Business units and provide guidance on mitigation to ensure compliance that align to...

  • Senior Manager: Risk

    2 weeks ago

    Johannesburg, Gauteng, South Africa 1001 Absa Bank Full time

    Empowering Africa's tomorrow, story at a time.With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryTo develop tactical...

  • Operational Risk Head

    2 weeks ago

    Johannesburg, Gauteng, South Africa FirstRand Full time

    Job DescriptionTo align, support and implement the functional risk practices in line with the FirstRand risk framework and business requirements to minimize risk exposures and optimize business performance. Model Risk Management experience Proven track record in managing operational risk maturity across 1st and 2nd line Data Information Management Oversight...

  • Operational Risk Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Job Purpose To develop and monitor the implementation of the Operational Risk Management Framework in Nedbank and its subsidiaries to comply to regulatory requirements and ensure alignment to international best practice.Responsibilities: Deliver on the Group Operational Risk Management (GORM) strategies and annual business plans aligned to regulatory...

  • Operational Risk Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Job Purpose To develop and monitor the implementation of the Operational Risk Management Framework in Nedbank and its subsidiaries to comply to regulatory requirements and ensure alignment to international best practice.Responsibilities: Deliver on the Group Operational Risk Management (GORM) strategies and annual business plans aligned to regulatory...

  • Operational Risk Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa PRR Recruitment Services Full time

    Looking for a Operational Risk Manager in RosebankQualification and Experience:BCom/BSC Degree in Risk Management, Economics or related disciplines; LLB or alternatively arelevant Risk QualificationThe ability to identify risks in business processes, products, services and/or systems. Having worked with risk tools such as Exclaim, or equivalents will be...

  • IT Governance, Risk and Compliance Specialist

    2 weeks ago

    Johannesburg, Gauteng, South Africa National Risk Managers Full time

    A Medical Insurance Company based in Benoni, Gauteng is looking for a IT Governance, Risk and Compliance Specialist who will assist in the development and implementation of IT Governance frameworks and IT controls following appropriate methodology approved by management that is aligned with international and financial industry standards (e. g, GOI standards...

  • Senior Manager: Operations

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryTo develop...

  • Risk Manager It, Operations, BI and Projects

    2 weeks ago

    Johannesburg, Gauteng, South Africa LMP RECRUIT Full time

    The Risk Manager IT, Operations, BI and Projects is responsible to lead investigations, analysis and managing risk associated with Information Technology, Data Management Governance, operations and projects across the Bank.The Risk Manager is required to enable continuous business performance improvement of the Bank by consolidating internal and external...

  • Operational Risk Senior Analyst

    2 weeks ago

    Johannesburg, Gauteng, South Africa TransUnion Full time

    TransUnion's Job Applicant Privacy NoticeWhat We'll Bring:As part of the Operational Risk and Resilience team and reporting to the Operational Risk Manager, the role holder will be responsible for establishing, maintaining and managing a reporting framework to support the monitoring and management of operational assurance activity for TransUnion UK.What...

  • Senior Manager: Model Risk Operations

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryTo lead,...

  • Cvm and Functions Operational and Resilience Risk

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Bring your possibility to life Define your career with us With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryThe role...

  • Senior Manager: Risk Event Management

    2 weeks ago

    Johannesburg, Gauteng, South Africa Absa Bank Limited Full time

    Empowering Africa's tomorrow, together one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job SummaryDevelop...