Head: Operational Risk Enablement, Governance and

2 months ago

Johannesburg, 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 Summary

The incumbent will be responsible for a central team, within Relationship Banking (RB) Operational and Resilience Risk, designed to enable the effective implementation and embedment of the Enterprise Risk Management Framework (ERMF) and the Operational and Resilience Risk Management Framework (ORRMF) within RB. This role is directly accountable to the RB Head of Operational and Resilience Risk (ORR), to ensure effective support and delivery of the overall RB ORR strategy and is the key interface into the RB business, Group ORR, Group Risk, Group Functions, Assurance and Risk partners. This involves ORR management in an area, where innovation is top of mind and where traditional risk management techniques will be balanced, with the need to find creative solutions for the benefit of RB Stakeholders.

To elevate the impact of Operational and Resilience Risk within RB, the incumbent will be accountable for the delivery of:

- Risk measurement, monitoring, assessment, and analytics of the portfolio.
- Enablement of the end-to-end ORR portfolio, including a strategy that encompasses people, process, data, and technology, to enable efficient and effective management of ORR.
- End to end ORR framework, policy, and standard embedment across the portfolio.
- Governance processes, which enable rigorous challenge and oversight of the portfolio.
- Reporting, including portfolio and Business Unit (BU) insights and ensuring capability directed appropriately in support of internal and external reporting requirements.
- Establishing RB wide protocol for ORR management processes and requirements.
- Establishing required risk management processes, capabilities, and controls in the RB ORR team.

**Job Description**:
Key accountabilities:
Accountability: Risk measurement, monitoring, assessment, and analytics
- Effective embedment of the ORRMF toolset, to enable effective measurement, monitoring, assessment, and oversight of ORR within the cluster.
- Risk appetite setting, in conjunction with Group counterparts and drive the cascade into RB. Monitoring adherence against Risk appetite statements (RAS) and/or tolerance levels, with the use of appropriate key risk indicators.
- Risk assessments - oversight of the annual refresh of risk assessment processes (Critical Process Assessments & Risk and Control Self Assessments) and change driven risk assessments.
- Drive strategic risk assessments, with relevant stakeholders within the cluster.
- Ensure Management Control Approach and Control Environment Road to Satisfactory (RtS) remedial activities are driven to closure sustainably, in support of a progressive and transparent risk culture.
- Drive an appropriate analytics capability across all framework elements, i.e., risk events and issue management, to enable proactive analysis and insights of the risk profile, to adequately evaluate, respond and monitor.
- Manage Scenario analysis and capital processes for RB in conjunction with Group ORR.
- Assess conformance to the ORRMF, policies and standards across RB, by establishing an annual conformance testing plan, and ensuring execution against this, in line with the combined assurance requirements.

Accountability: Enablement - Strategy, Systems, and training
- Drive the formulation of an annual strategy for ORR, together with the Head, and track implementation against the plan.
- Management and coordination of all strategic, regulatory, and business as usual projects and change initiatives, geared towards ORR.
- Operational Risk Management System (ORMS) (IBM OpenPages) and tools champion - Drive and monitor the adoption & embedment of ORMS within RB. Influence changes on the system to Group ORR.
- Training strategy and plan - formulation and management of an annual training plan and content, encompassing technical skills, system training and masterclasses, for both ORR and Business.
- Stakeholder and relationship management: Establish and maintain a coherent operating rhythm across the value chain (i.e., intra-risk, across Clusters and Group and 3rd parties, where required) in support of the functional objectives.
- Derive optimal engagement models for the RB ORR function, which enable efficient and prioritised coordination of Group ORR requirements into the RB cluster.
- Drive and foster collaboration across the ORR team, Group ORR, Group Risk, other Cluster ORR teams and Assurance partners.

Accountability: End to end Framework, policy, and standard embedment
- Adoption and effective implementation of ORRMF, policies and standards.
- Drafting of Cluster specific standards and influence and collaboration across the entire value chain, f

  • Enterprise Risk Operations Enablement Head

    3 months ago

    Johannesburg, South Africa FirstRand Full time

    Job Description Hello future Enterprise Risk Operations Enablement Head FirstRand believes that its people are its single most important resource and will not operate in a sector unless it has people who are right for that market and who share FirstRand’s business values. We recruit self-starters who have a passion for what they do. We empower them, hold...

  • Operational Risk Head

    4 weeks ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To 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. Hello Future Operational Risk Head II Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services...

  • IT Governance, Risk and Compliance Specialist

    3 months ago

    Johannesburg, 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...

  • Head of Enterprise Risk Management, Risk Governance

    2 months ago

    Johannesburg, 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 Summary As a...

  • Governance Risk

    2 months ago

    Johannesburg, South Africa National Risk Managers Full time

    To assist the Department in the development and maintenance of all Governance , Risk and Compliance Frameworks and Systems for the organisation, this will include forensics, internal audit and health and safety functions within the Governance Risk Comliance Department.Key Performance Areas: - Compliance: Prevent illegal, unethical, or improper conduct- Risk...

  • Operational Risk Head

    3 months ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To 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 objectives To guide the efficient and effective governance of operational risk and related opportunities across the business, ensuring that the...

  • Risk Governance Manager

    3 months ago

    Johannesburg, South Africa Nedbank Full time

    Job Family- Risk, Audit and Compliance - Career Stream- Enterprise Wide Risk Management - Leadership Pipeline- Manage Self: Professional **Job Purpose** - To provide expertise; advice; assistance; consultancy services and general support required by Nedbank Cluster for all governance; policy; process and procedural matters or issues for all risk related...

  • IT Governance, Risk and Compliance Specialist

    4 months ago

    Johannesburg, South Africa National Risk Managers (Pty) Ltd 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...

  • IT Risk Head

    3 weeks ago

    Johannesburg, South Africa FirstRand Full time

    Job Description Hello Future IT Risk Head I Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. As part of our talent team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the...

  • IT Governance, Risk and Compliance Specialist

    3 months ago

    Johannesburg, South Africa National Risk Managers (Pty) Ltd Full time

    A Compliance Company based in Benoni 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. And advise the company on best...

  • Head: IT Security Governance Risk and Compliance

    3 months ago

    Johannesburg, South Africa Energy at Work Projects Full time

    Head of IT Security and GRC is responsible for overseeing the organisation's information security program and ensuring compliance with governance, risk management, and regulatory requirements. This senior leadership role will develop and implement a comprehensive security strategy, manage a team of IT security and GRC professionals, and work closely with...

  • Afs Risk Operations and Governance Manager

    2 months ago

    Johannesburg, 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 Summary As a...

  • Chief Governance Risk and Compliance Officer

    5 months ago

    Johannesburg, South Africa LENOHLAHLA CONSULTING Full time

    **KEY PERFORMANCE AREAS** **Strategy & Leadership** - Lead conceptualisation, design and implementation of the overall Governance, Risk & Compliance strategy aligned to the business needs, Companys vision and business strategy. Provide the Governance, Risk & Compliance input into the long-term Companys strategy. Set clear targets for the Governance, Risk &...

  • Enablement Segment Compliance Head

    3 months ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To implement the FirstRand compliance risk framework to enable adherence to regulatory requirements and prevent exposure risks in line with the FirstRand and related segment business strategy and FirstRand Group wide compliance strategy Hello Future Compliance Head Welcome to FNB, the home of the #changeables. We design for the...

  • Specialist Risk

    3 months ago

    Johannesburg, 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 Summary To...

  • Operational Risk Head

    3 months ago

    Johannesburg, South Africa FirstRand Full time

    Job Description Hello Future Operational Risk Head Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen. As part of our talented team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to...

  • Cvm and Functions Operational and Resilience Risk

    3 months ago

    Johannesburg, 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 Summary The...

  • Senior Manager: IT Governance, Risk and Cyber

    3 months ago

    Johannesburg, South Africa PC Staffing Solutions Full time

    **PURPOSE OF THE JOB**: To drive the successful delivery of the IT Governance, Risk and Cyber Security, strategy implementation and theeffective running of the Office of the CIO by ensuring the attainment of the Sasria objectives internally and externally. **Qualifications**: - Information Technology (IT) related Bachelors Degree at NQF level 7 as...

  • Senior Manager: IT Governance, Risk

    3 months ago

    Johannesburg, South Africa Khomeliwa Consulting Full time

    **SENIOR MANAGER: IT GOVERNANCE, RISK AND CYBER SECURITY, Sandton,** **R800k - R1,2m p/a** Our client is a short-term insurance company and they seek to appoint the Senior Manager: IT Governance, Risk and Cyber Security. The incumbent will report to the CIO. **JOB PURPOSE** To drive the successful delivery of the IT Governance, Risk and Cyber Security,...

  • Operational Risk Head

    3 months ago

    Johannesburg, South Africa FirstRand Full time

    Job Description To 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. Hello Future R&C Segment Specialist Operational Risk Head Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver...