Non-Financial Risk Manager (Risk Type Specialist)

Standard Bank of South Africa Limited; Douglas; On-site; GBP 65,000 - 90,000; Full time

Job summary

Standard Bank Isle of Man is seeking an experienced risk professional to provide independent second-line oversight across TPRM, Fraud Risk and Transaction Execution Risk. The role focuses on challenging first-line controls, delivering risk insights, and supporting a strong control environment to protect client outcomes.

You will monitor risk indicators, assess third-party engagements, and collaborate with internal and external stakeholders to enhance governance, reporting, and remediation

Qualifications

• Advanced Diploma in Business Commerce.
• Advanced Diploma in Risk Management.
• 3–4 years experience in Operational Risk Management.

Responsibilities

• Provide independent oversight and challenge across TPRM, Fraud Risk, and Transaction Execution Risk.
• Assess the effectiveness of first-line controls and ensure risks are managed within approved appetite and policy requirements.
• Monitor key risk indicators, incidents, emerging threats, control weaknesses, and industry developments.
• Deliver data-driven analysis and actionable insights to support timely risk management interventions.
• Oversee adherence to the Third-Party Risk Management Framework across the third-party lifecycle.
• Review material third-party engagements, identify emerging risks and themes, and escalation concerns.

Skills

Operational Risk

Risk Frameworks

Data Analysis

Education

Advanced Diploma in Business Commerce

Advanced Diploma in Risk Management

Job description

Job Overview

Company: Standard Bank Isle of Man

NOTE: This role does not offer Relocation or Sponsorship. Applicants must be eligible to work in Isle of Man.

To provide independent second-line oversight, challenge, and insight across Third Party Risk Management (TPRM), Fraud Risk, and Transaction Execution Risk, ensuring material risks are effectively identified, managed, monitored, and reported. The role supports the business in maintaining a strong control environment, drives data-led risk interventions, and provides meaningful risk insights to enable informed decision-making, operational resilience, and positive client outcomes.

Qualifications

• Advanced Diploma in Business Commerce
• Advanced Diploma in Risk Management

Experience Required :

• 3-4 years experience in Operational Risk Management
• Practical knowledge of risk and control frameworks and application in financial services industry. Be fully conversant in risk appetite, risk response and process improvement concepts. Understand both NFR and financial reporting risk characteristics.

Key Outputs :

• Risk Oversight and Challenge
• Provide independent oversight and challenge across TPRM, Fraud Risk, and Transaction Execution Risk.
• Assess the effectiveness of first-line controls and ensure risks are managed within approved appetite and policy requirements.
• Risk Monitoring and Insights
  • Monitor key risk indicators, incidents, emerging threats, control weaknesses, and industry developments.
  • Deliver data-driven analysis and actionable insights to support timely risk management interventions.
• Third Party Risk Management
  • Oversee adherence to the Third-Party Risk Management Framework across the third-party lifecycle.
  • Review material third-party engagements, identify emerging risks and themes, and escalation concerns through appropriate governance structures.
• Act as the primary Non-Financial Risk partner for fraud risk, providing oversight of fraud trends, control effectiveness, incident management, and remediation activities.
• Support the development of proactive fraud risk management practices across business units and channels.
• Governance, Reporting and Stakeholder Management
  • Produce high-quality reporting for Risk Control Committees and senior management, ensuring clear accountability, ownership, and escalation of material risks.
  • Build strong working relationships with business stakeholders, risk teams, Internal Audit, and external partners to promote effective risk management and governance practices
• Making Decisions
• Challenging Ideas
• Upholding Standards
• Generating Ideas
• Examining Information
• Exploring Possibilities
• Economic Capital Management
• Risk Measurement
• Risk/ Reward Thinking

#SBO

Additional Information

Our Commitment to Diversity, Equity and Inclusion

Standard Bank Group is committed to fair and inclusive employment practices. We aim to build a workforce that reflects the diversity of the communities we serve and welcome applications from candidates of all backgrounds, including people with disabilities. We strive to create an environment where everyone has an equal opportunity to contribute and grow.