Investment Risk Officer

Standard Bank Group; Saint Helier; On-site; GBP 70,000 - 90,000; Full time

Job summary

Standard Bank Offshore is seeking an experienced risk/compliance professional to oversee risk governance within the Investment Division. The role supports identification and management of risk arising from investment operations, ensuring a robust controls environment.

The successful candidate will have 5–7 years in financial services, including securities, with strong knowledge of risk management and regulatory requirements. Jersey residents may apply; relocation/sponsorship not offered.

Qualifications

• Diploma in Finance and Accounting.
• 5–7 years experience in financial services, with securities industry experience and knowledge of risk management and compliance, regulatory requirements and end-to-end processes.
• Experience in trade and payment processes is preferred.
• Design and maintain robust controls environment within the investment division.

Responsibilities

• Provide input to the design of the investment division control framework and support the business in maintaining robust controls.
• Manage breaches, incidents and complaints; escalate to 3rd parties, Group Risk and Compliance; follow up on actions.
• Prepare reports and KRIs; analyse risk data for Investment Services and Risk meetings.
• Undertake client suitability reviews and monitor investment mandates; investigate variances for compliance.
• Maintain business continuity plans; perform risk assessment of systems and suppliers.

Skills

Producing Output

Articulating Information

Taking Action

Team Working

Developing Strategies

Education

Diploma in Finance and Accounting

Tools

Risk Management

Compliance

Business Administration Skills

Investment Risk Reporting

Written Communication

Job description

Standard Bank Offshore is the offshore arm of the Standard Bank Group, a leading Africa focused financial services group, and an innovative player on the global stage. Our international Banking, Lending, Investment, Fiduciary and Wealth Management services offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals.

Our clients range from individuals to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa and SBO is perfectly positioned to support the growth of our organisation from our office in the Isle of Man, Jersey, London, MAUs and South Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

NOTE: This role is not open to Relocation or Sponsorship. Jersey residents are eligible to apply.

To maintain risk and compliance oversight mechanisms within the Investment Division to ensure that the business operates in accordance with agreed risk parameters and in compliance with regulatory requirements of the Investment Business and Funds Services Business licences, by supporting the identification, analysis and management of risk arising from the investment operations, maintaining a coherent governance structure for division and undertaking routine risk responsibilities.

Minimum Qualification:

• Diploma inFinance and Accounting

Experience Required :

• 5 - 7 years experience.
• The role requires extensive overall experience in financial services.
• The role requires at least 5 years of experience in the securities industry with thorough working knowledge of risk management and compliance, securities industry regulations, end to end processes and understanding of trade of payment processes

Key Outputs :

• Provide input to the design of the investment division control framework and support the business in the establishment and maintenance of a robust controls’ environment.
• Manage processes relating to breaches, incidents and complaints, review reports, inform relevant parties (3rd parties, Group Risk and Compliance) and follow up on outstanding reports and actions updates. Undertake ad-hoc investigations into breaches, incidents and complaints to identify the causes and ensure that processes are sufficiently robust to prevent any further occurrences.
• Prepare reports, collate papers, collate Key Risk Indicators, analyse risk data and provide insights for the lnvestment Services and Risk meetings to ensure that identified risk are managed in a timely manner.
• Undertake periodic client suitability reviews, Investment mandate monitoring and testing of investment division controls; investigate and report on variances to ensure compliance. Ensure accuracy and confidentiality of investment data.
• Manage and maintain the investment division’s business continuity plans and undertake period risk assessment of systems and suppliers.

Behavioural Competencies:

• Producing Output
• Articulating Information
• Taking Action
• Team Working
• Developing Strategies

Technical Competencies:

• Business Acumen (Audit)
• Business Administration Skills
• Compliance
• Risk Management
• Risk Reporting
• Written Communication

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