Senior Risk Manager

Senior Risk Manager – Nedbank Requisition nr: Manage Self: Professional Why join our team This role offers the opportunity to join a team that is actively overseeing risk management for a business undergoing strategic transformation. The successful candidate can meaningfully influence the implementation of effective risk management in a dynamic, fast-paced environment. The role provides exposure to high-impact credit regulatory projects such as the SARB Directive 11 (focused on distressed restructures) and financial crime related AML/FATCA compliance, making it both challenging and rewarding. Candidates will engage directly with senior leadership, contributing to the development and embedding of a strong risk culture across the business. Job Purpose To ensure that the Nedbank Group Risk Frameworks are embedded, operationalised, and implemented within the business. The role provides strategic risk guidance across all risk types, supports regulatory compliance, and engages with senior stakeholders to drive risk awareness and governance. Job Responsibilities Embed and operationalise the Group Risk Framework through governance structures, risk charters, and alignment with strategic committees such as the Divisional Executive Committees, Enterprise-wide Risk Committee, Segment Credit Committees and operational level meetings. Facilitate risk identification, logging and tracking across the business, distinguishing between risks, issues and concerns. Conduct root cause analysis for incidents and ensure appropriate documentation of loss events. Provide guidance on regulatory and legal risk matters, including compliance with Credit related collections and legal recoveries legislation such as the SARB Directive 11, and non-credit related regulatory matters such as AML, FATCA and other emerging regulations. Engage with business units via management committees to surface and address emerging risks. Ensure alignment of business processes to Group Risk standards and monitor risk mitigation efforts. Revise cluster risk process guidelines to ensure full compliance with risk standards. Build and maintain relationships with clients, service providers and internal stakeholders to support risk awareness and strategic alignment. Drive transformation and diversity initiatives, contributing to BEE targets and a culture of inclusion. Support corporate social responsibility and Nedbank culture-building initiatives. Improve work processes and reduce costs through innovation and collaboration. Track team performance and allocate tasks based on risk areas. Share knowledge and industry trends through formal and informal channels. Support personal development and career progression through training and feedback. Essential Qualifications – NQF Level Advanced Diplomas or National 1st Degrees Preferred Qualification Legal or Compliance qualification Essential Certifications Member of Institute of Risk Management of South Africa and/or Compliance Institute of South Africa Minimum Experience Level 8–10 years in Enterprise Risk Management (ERM) and should be well conversant with the 3 lines of defence model and the Nedbank Risk taxonomy. Preferred Backgrounds ERM generalist with exposure to multiple risk types. Risk, Legal and Compliance experience, especially in collections and recoveries within Banking. Operational risk specialists with potential to be upskilled into broader ERM. Technical / Professional Knowledge Banking knowledge Business Acumen Data analysis Governance, Risk and Controls Industry trends Principles of project management Relevant regulatory knowledge Business writing skills Disclaimer Preference will be given to candidates from under‑represented groups. Please contact the Nedbank Recruiting Team at . #J-18808-Ljbffr