Head: Risk Monitoring

2 weeks ago

Centurion, South Africa Adzuna ZA B C2 Full time

MAIN PURPOSE OF THE JOB

Develops, monitors and reports on implementation of the Credit Risk Management Framework which includes credit policies, credit committee governance charters, portfolio monitoring and reporting within the organisation, thereby assisting to maintain credit exposures within approved parameters by the Board. Support CRO with governance in all credit committees and provide reports to Exco and Board. Develops, monitors and report on implementation of the Model validation and Governance Framework including model validation policies, SOP, frameworks within the organisation. Leads and Manages the independent review and validation of the all models that mitigate the credit risk, liquidity risks, covering pricing, credit & IFRS models and impairment models, to ensure financial sustainability of the organisation. Provides oversight on credit assessments done by Credit (Hind-sighting) to align with credit policies and SOP’s and best practice.

Key Performance Areas

  1. Manages the development and refinement of the credit risk management framework, credit policies, procedure manuals and governance charters
  • Defines the Credit Policy and Risk framework and manages implementation
  • Reviews and maintains the credit risk limit / prudential limits in line with the Policies to inform the organisation's risk appetite
  • Reviews and maintains the credit policies for alignment to the Basel principles and IRFS 9 requirement for best practice risk management and governance
  • Reviews and maintains the procedure manuals for policy implementation
  1. Portfolio monitoring and reporting to CROM on all segments to ensure quality credit exposure and provides remedial recommendations to address deficiencies in portfolio management
  • Monitors business performance in accordance with policies, procedures, legal requirements and against set corporate plan and business targets
  • Monitors the renewal / review of credit facilities and reclassification of high risk accounts based on IFRS 9 stage classification
  • Monitors accounts in breach of covenants and recommend remedial action to be done by PMS
  • Monitors accounts within Workout and Restructuring and/or watch list exposures
  • Monitors actioning of outstanding collateral as per exception reports generated from the CMS
  1. Manages the process of independent review and validation of the organisation's pricing, IRB credit and IFRS 9 impairment models that mitigates the key strategic pricing and credit risks faced by the bank as per best practise risk management policies and model governance protocols.
  • Manages and designs an effective, systematic, disciplined approach to evaluate and improve processes and procedures for the validation of key pricing, IRB credit and IFRS 9 impairment models.
  • Manages and updates the Model Governance Framework and related policies in relation to pricing, IRB credit and IFRS 9 impairment models.
  • Gives input and advise on the development, implementation, use and improvement of the organisation’s pricing, IRB credit and IFRS 9 impairment models through a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.
  1. Monitors the adherence to charters, Delegation of Powers (DOP), policies, processes and procedure manuals at credit committee meetings and credit value chain within the organisation
  • Permanent attendance of credit committee meetings
  • Monitors adherence to credit committee charters, DOP, credit policies, processes and procedures
  • Highlights any risks associated with a loan application and propose mitigants to protect the interest of the organisation
  • Provides training and guidance on implementation of credit policies
  • Identifies and records policy gaps to inform the review of credit policies
  • Notes policy exception to inform the review of credit policies
  • Attends to policy change request from stakeholder to be approved and implemented in the credit value chain
  1. Develops, monitors and report on implementation of the Model Governance Framework including supporting policies within the organisation
  • Manages all the pricing, IRB credit and IFRS 9 impairment models to ensure conformance to relevant international and domestic regulations and legislation.
  • Liaise and assists management on areas that require improvement in internal controls and the related regulatory environment by considering business objectives in the associated economic environment.
  • Provides regular feedback to management on validation findings that require special management attention.
  • Compiles an integrated model validation plan that takes into account the economic environment, the key strategic risks faced by the organisation and the limitations of the business due to capacity constraints.
  1. Build and maintain Stakeholder Relations
  • Set-up meetings with the role players to discuss the roles and responsibilities and possible areas of cooperation, improvement and conflict
  • Informs the relevant role players of the outcomes, deviations and actions required
  • Manages relationships in order to achieve credit risk management objectives and risk appetite of the organisation
  • Represents the organisation at SACRA membership meetings, AGMS and projects steerco
  1. Departmental and People Management
  • Performance Management
  • Capacity Planning
  • Financial Management

Preferred Minimum Education and Experience

  • Post Graduate qualification in accounting, mathematics, statistics, credit risk, and related
  • 8-12 years Credit risk management experience
  • 4-8 years Managerial experience

Critical Competencies

  • Microsoft Office
  • Model governance and validation
  • Credit Granting systems / tools
  • Risk Management Principles
  • Written and verbal communication
  • Credit granting regulations
  • Market risk principles
  • Human resource and performance management
  • Regulatory legislative requirements

Additional Requirements

  • Extended hours as and when required.
  • Travel as and when required.

  • Head of Risk

    4 months ago

    Centurion, South Africa Risk Management Full time

    **Introduction** - Through our client-facing brands the Momentum Metropolitan Group, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables businesses and people from walks of life to achieve their financial goals and life aspirations.**Role Purpose** - To manage the...

  • Head: Risk Monitoring

    2 weeks ago

    Centurion, South Africa Six Sense Full time

    A well-established business is seeking to appoint a Head: Risk Monitoring & Model Validation. **Minimum Education and Experience**: - Post Graduate qualification in accounting, mathematics, statistics, credit risk, and related - 8-12 years Credit risk management experience - 4-8 years Managerial experience **Critical Competencies**: - Microsoft Office -...

  • Risk Monitoring Specialist

    1 week ago

    Centurion, Gauteng, South Africa Fempower Full time

    Job Title: Head: Risk MonitoringJob Summary:Fempower is seeking a highly skilled and experienced Risk Monitoring Head to join our team. As a key member of our risk management department, you will be responsible for developing, monitoring, and reporting on the implementation of our Credit Risk Management Framework.Key Responsibilities:Develop and refine the...

  • Risk Monitoring Specialist

    2 weeks ago

    Centurion, Gauteng, South Africa Fempower Personnel Full time

    Job Title: Head: Risk MonitoringFempower Personnel is seeking a highly skilled and experienced professional to fill the role of Head: Risk Monitoring. This position is responsible for developing, monitoring, and reporting on the implementation of the Credit Risk Management Framework, ensuring that credit exposures are maintained within approved...

  • Risk Monitoring Specialist

    1 week ago

    Centurion, Gauteng, South Africa Fempower Full time

    Job Title: Head: Risk MonitoringJob Summary:Fempower is seeking a highly skilled and experienced Risk Monitoring Head to join our team. The successful candidate will be responsible for developing, monitoring, and reporting on the implementation of the Credit Risk Management Framework, ensuring that credit exposures are maintained within approved...

  • Head: Risk Monitoring

    2 weeks ago

    Centurion, South Africa Land Bank Careers Full time

    **Job Advert Summary**: **MAIN PURPOSE **OF THE JOB** Develops, monitors and reports on implementation of the Credit Risk Management Framework which includes credit policies, credit committee governance charters, portfolio monitoring and reporting within the organisation, thereby assisting to maintain credit exposures within approved parameters by the...

  • IT Risk

    4 months ago

    Centurion, South Africa Risk Management Full time

    **Introduction** - Through our client-facing brands the Momentum Metropolitan Group, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables businesses and people from walks of life to achieve their financial goals and life aspirations.**Role Purpose** - Data Analyst will...

  • Head: Risk Monitoring

    2 weeks ago

    Centurion, South Africa Fempower Personnel Full time

    MAIN PURPOSE OF THE JOBDevelops, monitors and reports on implementation of the Credit Risk Management Framework which includes credit policies, credit committee governance charters, portfolio monitoring and reporting within the organisation, thereby assisting to maintain credit exposures within approved parameters by the Board. Support CRO with governance in...

  • Head: Risk Monitoring

    2 weeks ago

    Centurion, South Africa Fempower Full time

    MAIN PURPOSE OF THE JOB Develops, monitors and reports on implementation of the Credit Risk Management Framework which includes credit policies, credit committee governance charters, portfolio monitoring and reporting within the organisation, thereby assisting to maintain credit exposures within approved parameters by the Board. Support CRO with governance...

  • Head: Risk Monitoring

    2 weeks ago

    Centurion, South Africa Fempower Full time

    MAIN PURPOSE OF THE JOBDevelops, monitors and reports on implementation of the Credit Risk Management Framework which includes credit policies, credit committee governance charters, portfolio monitoring and reporting within the organisation, thereby assisting to maintain credit exposures within approved parameters by the Board. Support CRO with governance in...

  • Risk Monitoring Expert

    2 weeks ago

    Centurion, Gauteng, South Africa Six Sense Consulting Full time

    Six Sense Consulting is seeking a seasoned professional to lead our risk monitoring efforts. The ideal candidate will possess a postgraduate qualification in accounting, mathematics, statistics, credit risk, or a related field, along with 8-12 years of experience in credit risk management and 4-8 years of managerial experience.Key responsibilities will...

  • Head: Risk Monitoring

    2 weeks ago

    Centurion, South Africa Six Sense Consulting Full time

    Minimum Education and Experience: Post Graduate qualification in accounting, mathematics, statistics, credit risk, and related8-12 years Credit risk management experience4-8 years Managerial experienceCritical Competencies: Microsoft OfficeModel governance and validationCredit Granting systems / toolsRisk Management PrinciplesWritten and verbal...

  • Head: Risk Monitoring

    2 weeks ago

    Centurion, South Africa Six Sense Consulting Full time

    Minimum Education and Experience: Post Graduate qualification in accounting, mathematics, statistics, credit risk, and related 8-12 years Credit risk management experience 4-8 years Managerial experience Critical Competencies: Microsoft Office Model governance and validation Credit Granting systems / tools Risk Management Principles Written and verbal...

  • Head: Risk Monitoring

    2 weeks ago

    Centurion, South Africa Adzuna ZA B C2 Full time

    Minimum Education and Experience: Post Graduate qualification in accounting, mathematics, statistics, credit risk, and related8-12 years Credit risk management experience4-8 years Managerial experienceCritical Competencies: Microsoft OfficeModel governance and validationCredit Granting systems / toolsRisk Management PrinciplesWritten and verbal...

  • Risk Management Professional

    19 minutes ago

    Centurion, Gauteng, South Africa Network Recruitment Full time

    Key Responsibilities:Collaborate with departments to develop and maintain comprehensive risk profiles, focusing on risk identification, assessment, mitigation, monitoring, and reporting.Participate in risk-related projects and conduct in-depth analyses of processes, functions, and regulatory requirements.Engage with stakeholders, including senior executives,...

  • Risk Management Specialist

    5 hours ago

    Centurion, South Africa Network Recruitment Full time

    Key Responsibilities:Collaborate with departments to build and maintain risk profiles, focusing on risk identification, assessment, management, monitoring, and reporting.Participate in risk-related projects and conduct detailed analyses of processes, functions, and regulatory requirements.Engage with stakeholders, including senior executives, to foster a...

  • Risk Manager

    1 week ago

    Centurion, South Africa Momentum Investments Full time

    **Introduction** - Through our client-facing brands Metropolitan and Momentum, with Multiply (wellness and rewards programme), and our other specialist brands, including Guardrisk and Eris Property Group, the group enables business and people from all walks of life to achieve their financial goals and life aspirations. We help people grow their savings,...

  • Manager: IT Governance and Risk

    4 months ago

    Centurion, South Africa Secondments Recruitment Full time

    **Job Advert Summary**: To investigate, analyse and manage risk associated with IT projects, between Operational Business units and the Risk Department and to enable continuous business performance improvement of company by consolidating internal and external sources of information to support tactical and strategic decision making across all operational...

  • Manager: Risk Governance and Reporting

    4 months ago

    Centurion, South Africa Land Bank Careers Full time

    **Job Advert Summary**: The Land and Agricultural Development Bank of South Africa (Land Bank) is South Africa’s only specialist agricultural bank established in 1912, the bank’s sole objective is to serve South African commercial and emerging farmers and bring specially designed financial services within their reach. These services enable farmers to...

  • Specialist: Strategy Monitoring and Evaluation

    4 months ago

    Centurion, South Africa Secondments Recruitment Full time

    **Job Advert Summary**: To monitor, analyse and report on the implementation and outcomes/results of the Bank’s strategy with particular emphasis on the impact of the Bank’s development strategy. Contribute content for the Corporate Plan, Integrated report and other mandatory/regulatory reporting requirements **Minimum Requirements**: Preferred Minimum...