Head: Credit Risk Assurance
3 weeks ago
Gauteng, JHB - Central
- (Market related)
Our client, one of the biggest banks in South Africa based in Johannesburg who is a firm believer in technical innovation and leading-edge financial solutions is urgently looking for Head: Credit Risk Assurance to develop, direct and lead all risk assurance engagement within the global risk function. Support the risk heads in respect of independent oversight, qualitative assurance and reporting to risk management to risk management committees and senior executives.
In discharging this assurance function, CRA places high priority on providing expert, meaningful insight, recommendations and developing solutions with the BUs, legal entities and associated stakeholder.
The modernization of the risk assurance function leveraging the risk app store and digital tool technologies embedded in the business. Develop the function away from historic sample-based periodic reviews to continuous population testing focussed on digital solutions for improved risk control environment.
**In order to be considered the following is required**:
- Post Graduate Degree: Business Commerce / Risk Management
- SAICA, IASSA, or other banking and related professional bodies
- 8-10 years of experience in risk management
**Responsibilities**:
**Licence to Operate**:
- Conducting Risk Assurance Reviews, which would include either:
- Ad hoc assurance reviews focussed on risk-based sector trends possibly impacting changes in risk appetite, product reviews and country ratings
**Strategy**:
- Providing expert counsel and guidance and digital solutions to BU and portfolio head in respect of formulating context-appropriate BU credit policies, consistent with both the standard and the group strategy
- Ownership and dissemination of credit-specific nomenclature, definitions and taxonomy, co-ordinated with taxonomy used by other risk types, with a view to group-wide consistency
- Identification, development and dissemination of best CRM practice among and between the diverse portfolio owners embedded within the BUs. This includes fostering network development and liaison between diverse BUs and portfolios, to support the universal FSO strategy
**Risk, Reg, Prudential and Compliance**:
- Support for and participation in Credit Risk-related elements of supervisory liaison, including information-gathering and interpretation, preparation, collation and summarising of BU contributions and content
- Participation and input into external reporting, with respect to the credit risk content of annual and interim reporting, including the risk and capital management reports, in liaison with integrated group risk management, TCM and the BU credit risk functions
- Consult with embedded business units in respect of business unit, portfolio and country policies
**People**:
- Lead the CRA team
- Conduct periodic performance discussions and provide feedback to the team
- Review the skills requirements (current and future) and take steps to bridge the identified gaps
- Identify key roles and institute credible succession plans
Information displayed above not limited to advertisement.
- For more information please contact:
- Miller Mkandhla
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