Operational Risk Officer

2 weeks ago

Johannesburg, South Africa Nedbank Full time

**Requisition Number and Contact details**
- REQ # 124500- Talent Acquisition Consultant - Ezekiel Dube- Location - Sandton- Closing Date - 20 March- Job Family- Risk, Audit and Compliance
- Career Stream- Operational Risk
- Leadership Pipeline- Manage Self: Technical

**Job Purpose**
- To monitor the implementation of the Operational Risk Management Framework in Nedbank and its subsidiaries to ensure compliance to regulatory requirements and alignment to the operational risk management framework and international best practice.

**Responsibilities**:

- Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
- Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
- Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
- Identify and confirm own financial targets by aligning with business unit targets.
- Achieve or exceed targets by developing and implementing account plans for clients and targetting new business.
- Develop an account plan for each client using knowledge of the client's needs and by engaging with relevant stakeholders to identify tailor-made solutions to meet the client's needs.
- Manage costs by monitoring expenses and keeping within budget parameters.
- Achieve economic profit by reviewing pricing annually and making required adjustments.
- Provide relevant recommendations by maintaining sound knowledge of bank's products and solutions; staying abreast of the market and business environment; by using research conducted by bank economic unit and by reading economic and financial material.
- Meet client and bank needs by confirming that recommended solution is in line with bank guidelines for economic profit; bank business needs and regulations and by managing client expectations.
- Support the implementation process by communicating with the client and internal stakeholders; monitoring progress; gathering feedback and taking corrective action.
- Achieve agreed objectives within cost and time parameters by identifying potential and actual problems and working with relevant stakeholders to find solutions.
- Manage all risks and ensure compliance by following regulatory requirements and bank's internal policies and procedures; identifying risks and non-compliances and taking corrective action.
- Recommend improvements for efficiency and competitve advantage by providing client and market feedback to relevant stakeholders.
- Provide a single interface for the client to the bank by having sound knowledge of the bank's products; services and solutions and by coordinating with relevant stakeholders.
- Establish and maintain relationships with relevant stakeholders (internal and external providers) by engaging with them formally and informally e.g. in meetings; problem solving sessions and training sessions.
- Proactively recommend tailor-made solutions to meet the client's needs by gaining an intimate understanding of the client's business and business environment; and by consulting with relevant stakeholders.
- Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
- Identify training courses and career progression for self through input and feedback from management.
- Ensure all personal development plan activities are completed within specified timeframe.
- Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
- Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
- Minimum Experience Level- 3 - 5 years experience in risk management/audit, and/or 5 - 8 years experience in banking and/or insurance
- Essential Qualifications - NQF Level- Advanced Diplomas/National 1st Degrees
- Preferred Qualification- Bachelor of Commerce: Accounting, Bachelor of Commerce: Financial Management

**Technical / Professional Knowledge**
- Cluster specific operations
- Data analysis
- Governance, Risk and Controls
- Operational risk management
- Relevant Nedbank product knowledge
- Relevant regulatory knowledge
- Relevant software and systems knowledge
- Decision-making process
- Business writing skills
- Nedbank culture
- Behavioural Competencies- Communication
- Influencing
- Building partnerships
- Continuous Improvement
- Planning and Organizing
- Technical/Professional Knowledge and Skills
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_

  • Risk Officer

    2 days ago

    Johannesburg, South Africa Network Recruitment Full time

    Reporting to the Head of Risk, this Risk Officer will be required to safeguard the organization by identifying and managing any threats to the achievement of business objectives from a operational point of view. Duties: Development and updating of risk management policies and procedures Risk methodology and process implementation Risk register...

  • Risk Officer

    1 day ago

    Johannesburg, South Africa Network Recruitment Full time

    Reporting to the Head of Risk, this Risk Officer will be required to safeguard the organization by identifying and managing any threats to the achievement of business objectives from a operational point of view. Duties: Development and updating of risk management policies and proceduresRisk methodology and process implementationRisk register...

  • Senior Operational Risk Officer

    1 month ago

    Johannesburg, South Africa Standard Chartered Full time

    **Job**: Governance, Risk Management & Compliance **Primary Location**: Africa & Middle East-Zambia-Lusaka **Other Locations**: Africa & Middle East-South Africa-Johannesburg, Africa & Middle East-Kenya **Schedule**: Full-time **Employee Status**: Permanent **Posting Date**: 19/Feb/2024, 6:17:01 AM **Unposting Date**: 04/Mar/2024, 5:59:00 PM **Role...

  • Risk Officer

    6 days ago

    Johannesburg, South Africa Nedbank Full time

    **Job Requisition details and Talent Aquisition Contact** - REQ: 128354- Talent Aquisition Contact: Saranya Govender- Advert Closing Date: TBC**Cluster and Location** - Total Business Banking and Retail- Role: Operational Risk Officer: ERM Client Ops- Location: 135 Rivonia Road, Sandton**Career Stream** - Enterprise Wide Risk Management **Job Family** -...

  • Assistant Risk Officer

    1 week ago

    Johannesburg, South Africa Old Mutual Full time

    Description Role overview This role will report to the Snr Risk Officer: Operational Risk Institutional.80% of the work allocation will be in support of the deliverables of the line manager. The remainder of the work allocation will be to support the broader Operations, Servicing & IT team. This role will largely have just Centre of Expertise...

  • Operational Risk Analyst

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Requisition Details & Talent Acquisition Contact** - REQ 130585- Tshego Semenya- Location: Johannesburg- Closing date: 5 December 2023**Cluster** - Group Risk**Career Stream** - Operational Risk**Leadership Pipeline** - Manage Self: Technical **Position** - Operational Risk Analyst**Job Purpose** - To support the operational risk manager in the...

  • Risk Manager Officer

    1 month ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    **An amazing role just opened up, come closer to find out more!** Risk Manager Officer This is a senior position therefore it is important for the individual to be seasoned with experience. The role reports to the Corporate Risk Manager. It is very important that you have experience in the gas or chemical industry. **Duties**: - Consult external and...

  • Risk Management Officer

    1 month ago

    Johannesburg North, South Africa Communicate Recruitment Full time

    Trust that an ending is followed by a new beginning. A leading JSE Listed organisation whose principal business is manufacturing, supplying and distributes a wide variety of industrial and speciality gas. My client is looking for a Risk Management Officer that will be responsible for undertaking, facilitating and monitoring risk assessments to enable risk...

  • Risk and Compliance Officer

    3 weeks ago

    Johannesburg, South Africa Ultra Personnel Full time

    Degree in Law Certified Anti Money Laundering Specialist (CAMS) will be an added advantage Minimum of 2-5 years compliance-related experience is essential Insurance and financial services industry experience is preferred Primarily you will be responsible for the development and monitoring implementation of business risk and compliance framework as well as...

  • Operational Risk Manager

    4 weeks ago

    Johannesburg, South Africa FirstRand Full time

    About us, purpose, experience and qualifications **about us**: **purpose**: - To manage relevant risks within area of accountability by identifying, managing, and mitigating risk in accordance with defined business appetite and aligned to relevant risk frameworks and policies.**experience and qualifications**: - Minimum qualification: Relevant Diploma -...

  • Risk Officer

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Job Classification** - **REQ: 126291 - Refilwe Falatsi**: - **Division: Nedbank Insurance | Governance**: - **Equity Statement: Preference will be given to individuals from underrepresented groups.**: - **Closing Date: 23 June 2023** - Job Family- Risk, Audit and Compliance - Career Stream- Enterprise Wide Risk Management - Leadership Pipeline- Manage...

  • Risk Officer

    1 month ago

    Johannesburg, South Africa Nedbank Full time

    **Job Classification** - **REQ: 126106 - Refilwe Falatsi**: - **Division: Nedbank Insurance | Governance**: - **Employment Equity Statement: Preference will be given to individuals from underrepresented groups.**: - **Closing Date: 23 June 2023** - Job Family- Risk, Audit and Compliance - Career Stream- Enterprise Wide Risk Management - Leadership...

  • Operational Risk Administrator

    1 month 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...

  • Specialist: Risk

    4 weeks 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...

  • Specialist Operational Risk

    4 weeks 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...

  • Armed Response Officer

    4 weeks ago

    Johannesburg, South Africa Raid Risk Management Full time

    **Position: Armed Response Officer** **Location: Gauteng / Cape Town** **Job Type: Full-Time / Fixed Term** **Minimum Requirements**: - Minimum Grade 12 education. - Grade C accreditation and registration with the relevant security authority. - A minimum of 2 years' experience in the security industry. - Valid SAPS Firearm competency certificate for...

  • Operational Risk Specialist

    4 weeks 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

    5 days 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. - Model Risk Management experience - Proven track record in managing operational risk maturity across 1st and 2nd line - Data Information Management -...

  • Specialist Risk

    1 month 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...

  • Senior Operational Risk Manager: Cib

    4 weeks ago

    Johannesburg, South Africa Nedbank Full time

    **Job Purpose** - To develop and monitor the implementation of the Operational & Enterprise Risk Management Frameworks in Nedbank Client Service & Digital, in compliance to regulatory requirements and in alignment to international best practice. - The scope of the accountabilities of the role will extend to the risk support of the 2 digital business units in...