Senior Manager Risk: Regulatory, Governance and Reporting

The Senior Manager for Regulatory, Governance, and Reporting is responsible for overseeing and ensuring the bank’s compliance with regulatory requirements, effective risk governance, and accurate reporting.

This role will develop frameworks and strategies for managing regulatory risk, facilitate governance practices, and provide comprehensive reports to stakeholders.

**Requirements**:
**Regulatory Compliance Management**:

- Ensure the bank’s adherence to all regulatory and legal requirements.
- Develop and implement frameworks for managing compliance and regulatory risk across all business units.
- Collaborate with regulators to maintain strong relationships and ensure timely reporting

**Risk Governance**:

- Establish and maintain a comprehensive risk governance framework in line with Access Bank’s policies.
- Advise senior leadership on risk governance standards, ensuring alignment with industry best practices.
- Lead governance initiatives that improve the bank’s risk oversight and compliance culture.

**Reporting and Documentation**:

- Oversee the preparation of accurate and timely regulatory reports for both internal and external stakeholders.
- Ensure comprehensive documentation of all risk-related activities, including compliance, audit findings, and risk assessments.
- Develop metrics and reporting dashboards for effective monitoring of regulatory compliance and governance issues.

**Policy and Framework Development**:

- Design and update policies related to regulatory risk, governance, and reporting requirements.
- Collaborate with cross-functional teams to align risk management practices with business strategies.
- Lead initiatives to enhance the effectiveness of risk management policies and frameworks.

**Stakeholder Management**:

- Act as the primary liaison with regulatory bodies, auditors, and internal stakeholders.
- Communicate complex regulatory and governance requirements to senior management and other relevant parties.
- Educate business units on regulatory requirements, governance practices, and reporting standards.

**Risk Assessment and Mitigation**:

- Conduct risk assessments to identify potential regulatory and compliance risks.
- Implement mitigation strategies and ensure corrective actions for identified risk areas.
- Monitor changes in the regulatory landscape and adjust risk management practices accordingly.

**Requirements**:
**Academic Knowledge**:

- Bachelor’s degree in Risk Management, Finance, Law, Business, or a related field.
- Master’s degree or relevant certification (e.g., CRMA, CISA) is advantageous.

**Work Experience**:

- Minimum of 7-10 years of experience in risk management, regulatory compliance, or governance, preferably in the financial services or banking sector.
- In-depth knowledge of South African regulatory requirements, risk governance practices, and reporting standards.

**Skills / Specialized Know How**:
**Competencies**:

- **Technical Proficiency**: Strong understanding of regulatory frameworks, compliance processes, and risk management principles.
- **Analytical Skills**: Ability to interpret complex regulations and provide actionable insights for risk mitigation.
- **Stakeholder Management**: Skilled in building and maintaining effective relationships with regulatory bodies, auditors, and internal stakeholders.
- **Communication**: Excellent verbal and written communication skills for presenting regulatory and risk-related information to various audiences.
- **Problem-Solving**:Proactive and resourceful in identifying and addressing risk governance and compliance challenges.
- **Attention to Detail**: Strong focus on accuracy, especially when preparing reports or conducting risk assessments.

**Benefits**
- Medical Aid
- Provident Fund
- Group Life Cover
- Income Disability Cover
- Funeral Cover
- Training & Development