See more Collapse

Senior Manager: Risk

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

Manage a team of Team Leaders and Analysts in the Intelligence & Surveillance area in support of the Head: Customer Monitoring and Review to ensure that customer reviews are performed in accordance with local legislation, policy and standards requirements.

**Job Description**:
Accountability: Oversight, Operational Support and Coordination
- Ensure that appropriate Customer Review (“CR”) Standards are compiled and approved by the Head: Customer Monitoring and Review. The CR standards are to be compiled by considering the AGL AML Policy, FATF guidance and other relevant information.
- Ensure that the CR Standards are implemented and complied with by way of oversight of the appropriate management information reports (daily and monthly) as well as quality assurance reports (monthly).
- Ensure that appropriate processes are designed and implemented to oversee the daily distribution of CR alerts for review by the CR Analysts.
- Ensure that daily monitoring is performed on the status of all CR alerts to comply with any regulatory or AGL policy timeframes.
- Ensure that appropriate processes and controls are designed and implemented so that all CR alerts are reviewed and approved by the respective team leaders.
- Ensure that appropriate processes and controls are designed and implemented to comply with all regulatory requests and instructions.
- Ensure that sufficient resources/capacity exists within the team to comply with the standards, processes and reporting timeframes pertaining to CR.
- Ensure that an annual leave programme for team leaders and team members are compiled and that sufficient capacity exists during the peaks and valley periods.
- Document, socialise, agree and contract PD objectives for the team leaders and ensure that all analysts have contracted PD objectives.
- Document and agree development plans, talent profiles, and retention plans for Team Leaders and ensure that the same exists for all Analysts.
- Ensure that all compulsory training is completed timeously by Team Leaders and Analysts.

Accountability: Reporting and Governance
- Conduct comparative analysis of review statistics to assess whether the processes and reporting systems are efficient and operate optimally. Propose updates, revisions or changes as and when detected.
- Report and escalate all CR risks and issues arising from the businesses promptly and appropriately.
- Inform the Head: Customer Monitoring and Review with regards to all CR risks that pose financial or reputational risks for the business.
- Ensure that all daily, weekly and monthly CR related reporting is provided to the Head: Customer Monitoring and Review.
- Ensure that comprehensive action plans are developed and agreed with regards to problematic matters as confirmed by the reporting.
- Ensure that all CR Assurance and or Internal Audit findings and issues are tracked and closed within the agreed due dates.
- Attend all CR related governance forums and provide valuable input, guidance and problem resolution.
- Ensure the timeous, complete and accurate reporting of all KRI/KRO information on a monthly basis.

Accountability: Personal and team up skilling and development
- Stay abreast of all new developments in the field of expertise and execute on own development as defined in the development plan compiled by the Head: Customer Monitoring and Review.
- Take decisions and lead the team in respect of the recruitment of staff and HR related matters pertaining to the area under control.
- Ensure that an appropriate training programme is designed and approved by the Head: Customer Monitoring and Review and that all newly appointed Team Leaders and Analysts are trained in AGL’s policies and procedures that are relevant to transaction monitoring.
- Contract and monitor job specific training and development of team leaders and analysts to enable continuous development.
- Provide guidance to all analysts with regard to complex reviews.
- Participate in the development, distribution and regular review of training material and processes related to Financial Crime Compliance.
- Engage team members and peers in team building initiatives to nurture a co-operative one team ethos within Intelligence & Surveillance.

Accountability: Reporting
- Ensure timeous completion and delivery of statistics to the Line Manager for the consolidation of reports.
- Document new trends and typologies related to Money Laundering to ensure growth and development of team members and promote the awareness.
- Supervise and/or execute all ad hoc requests from Management that are related to Suspicious Transaction Reporting and Politically Expos

We have other current jobs related to this field that you can find below

  • Senior Risk Manager

    3 weeks ago

    Johannesburg, South Africa Qualip Solutions Full time

    Job Description / Responsibilities: The Finance Management (FM) COO team supports the Heads of FM Functions in managing the overall Finance business to enable strategic delivery of the functions and fulfilling of business responsibilities. These responsibilities include: - Drive the Strategy for FM and its sub-functions - Support the Heads of FM...

  • 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...

  • Senior Risk Manager

    2 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 127711: Bongiwe Mchunu**Location** - Sandton**Cluster** - Retail Relationship Banking and Consumer Banking**Leadership Pipeline** - Manage Self: Professional**Position** - Payments Senior Risk Manager**Job Purpose** - The Payments Senior Risk Manager role supports the Head of Risk in the continued...

  • Senior Risk and Compliance Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Salix Recruitment Full time

    Are you an experienced professional with a strong background in risk management and compliance?Do you have a passion for ensuring regulatory adherence and mitigating risks in the real estate industry?Join one of South Africa's leading real estate investment companies as a Senior Risk and Compliance Manager. Our client manages a diverse portfolio of...

  • Senior Risk and Compliance Manager

    3 weeks ago

    Johannesburg, South Africa Salix Recruitment Full time

    Are you an experienced professional with a strong background in risk management and compliance?Do you have a passion for ensuring regulatory adherence and mitigating risks in the real estate industry?Join one of South Africa's leading real estate investment companies as a Senior Risk and Compliance Manager. Our client manages a diverse portfolio of...

  • Senior Risk and Compliance Manager

    3 weeks ago

    Johannesburg, South Africa Salix Recruitment Full time

    Are you an experienced professional with a strong background in risk management and compliance?Do you have a passion for ensuring regulatory adherence and mitigating risks in the real estate industry?Join one of South Africa's leading real estate investment companies as a Senior Risk and Compliance Manager. Our client manages a diverse portfolio of...

  • Senior Risk and Compliance Manager

    3 weeks ago

    Johannesburg, South Africa Adzuna ZA B C2 Full time

    Are you an experienced professional with a strong background in risk management and compliance?Do you have a passion for ensuring regulatory adherence and mitigating risks in the real estate industry?Join one of South Africa's leading real estate investment companies as a Senior Risk and Compliance Manager. Our client manages a diverse portfolio of...

  • 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...

  • IT Governance, Risk and Compliance Specialist

    4 weeks 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...

  • Senior Risk Analyst

    3 weeks ago

    Johannesburg, South Africa Glencore Full time

    **Job highlights** - GHSA - Johannesburg, Gauteng, South Africa - Oil Market Risk **Job ID** - GHSA_OIL_004**Closing date** - 06/02/2024**Last Updated** - 24/01/2024*** **JOB PURPOSE**: The Glencore Risk Department is an independent function aiming to control front-line trading. The Risk Department ensures that the risk-reward of the trading books is...

  • Senior Risk Manager

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Job Classification** - **REQ: 123087 - Refilwe Falatsi**: - **Closing Date: 6 January 2023**: - **Division: Nedbank Insurance / Functional Unit: Governance**: - **Employment Equity Statement: Preference will be given to individuals from underrepresented groups.** - Job Family- Risk, Audit and Compliance - Career Stream- Enterprise Wide Risk Management -...

  • Senior Risk Manager

    2 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 127710- Bongiwe Mchunu**Location** - Sandton- Job Family- Risk, Audit and Compliance **Cluster** - RBB Risk**Career Stream** - Enterprise Wide Risk Management- Leadership Pipeline- Manage Self: Professional**Position** - Senior Risk Manager**Job Purpose** - To ensure that the Group Risk Framework is...

  • Senior Risk Manager

    3 weeks ago

    Johannesburg, South Africa WePlace Full time

    Gauteng, JHB - Northern Suburbs - Market - Related Annually Cost To Company (Market related, Negotiable) - Our client a leading Financial Institution is looking for a Senior Risk Manager to lead a team of risk management professionals in defining and executing risk management practices, methodologies and governance arrangements that ensure that the company...

  • Risk Manager

    2 weeks ago

    Johannesburg, South Africa iOCO Full time

    JOBNUMBER **iOCO02900** - CONTRACT TYPE **Permanent** - STATE/PROVINCE **Gauteng** - CONTRACT TYPE: **Hybrid** **The Role**: We are seeking an experienced and proactive **Risk Manager** to join our organization. As a Risk Manager, you will be responsible for identifying, assessing, and mitigating risks to ensure the organization's financial and...

  • Senior Risk Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Requisition Details & Talent Acquisition Contact REQ Bongiwe MchunuLocation Sandton Job Family Risk, Audit and ComplianceCluster RBB RiskCareer Stream Enterprise Wide Risk Management Leadership Pipeline Manage Self: ProfessionalPosition Senior Risk ManagerJob Purpose To ensure that the Group Risk Framework is embedded; operationalised and implemented within...

  • 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...

  • Senior Risk Manager

    2 weeks ago

    Johannesburg, Gauteng, South Africa Nedbank Full time

    Job ClassificationREQ:Refilwe Falatsi:Closing Date: 6 January 2023:Division: Nedbank Insurance / Functional Unit:Governance:Employment Equity Statement: Preference will be given to individuals from underrepresented groups. Job Family Risk, Audit and Compliance Career Stream Enterprise Wide Risk Management Leadership Pipeline Manage Self: Professional FAIS...

  • Senior Manager: Operational Risk

    2 months ago

    Johannesburg, 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: Professional **Job Purpose** - To develop and monitor the implementation of the Operational Risk Management Framework in Nedbank, NAR to comply to regulatory...

  • Senior Manager: Operational Risk

    1 day ago

    Johannesburg, 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: Professional **Job Purpose** - To develop and monitor the implementation of the Operational Risk Management Framework in Nedbank, NAR to comply to regulatory...

  • Risk Manager

    3 months ago

    Johannesburg, South Africa IOCO Full time

    We are seeking an experienced and proactive Risk Manager to join our organization. As a Risk Manager, you will be responsible for identifying, assessing, and mitigating risks to ensure the organization's financial and operational well-being. If you have a strong background in risk management, excellent analytical skills, and the ability to develop effective...