Non-Financial Risk Manager (Risk Type Specialist)

Standard Bank Group; Douglas; On-site; GBP 65,000 - 90,000; Full time

Job summary

Standard Bank Offshore is recruiting for a Third Party Risk Management and Fraud Risk Oversight role in the Isle of Man. You will provide independent challenge across TPRM, Fraud Risk, and Transaction Execution Risk while monitoring indicators, incidents and industry developments to enable proactive risk interventions.

The role requires 3-4 years in Operational Risk Management, experience with risk frameworks, and strong governance and reporting capabilities to support senior management

Qualifications

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

Responsibilities

• Risk Oversight and Challenge across TPRM, Fraud Risk, and Transaction Execution Risk.
• Monitor key risk indicators, incidents, emerging threats, control weaknesses, and industry developments.
• 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 elevate concerns through appropriate governance structures.
• Produce high-quality reporting for Risk Control Committees and senior management, ensuring clear accountability and escalation of material risks.

Skills

Decision Making

Challenging Ideas

Risk Analysis

Data Driven

Stakeholder Mgmt

Governance

Education

Advanced Diploma in Business Commerce

Advanced Diploma in Risk Management

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 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.

Minimum Qualification:

• 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 elevate concerns through appropriate governance structures.
• Fraud Risk Management
  • 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

Behavioural Competencies:

• Making Decisions
• Challenging Ideas
• Upholding Standards
• Generating Ideas
• Examining Information
• Exploring Possibilities

Technical Competencies:

• Analysing Insurable Risk
• Economic Capital Management
• Evaluating Risk Management Effectiveness
• Risk Identification
• Risk Measurement
• Risk Reporting
• Risk Response Strategy
• Risk/ Reward Thinking

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