Chief Risk Officer (“CRO”)

Finbond Mutual Bank; Pretoria; Sur place; ZAR 2 500 000 - 5 000 000; Plein temps

Résumé du poste

Finbond Mutual Bank seeks an experienced Chief Risk Officer to lead risk governance, strategy and appetite, ensuring sound risk management across all business units in Gauteng. The role requires strategic oversight, independent challenge, and collaboration with EXCO and the Board.

The CRO will drive risk analytics, capital planning, regulatory reporting, and risk culture, while aligning policies with regulatory expectations and business growth objectives.

Qualifications

• Honours or Master’s qualification in business/risk framework.
• Minimum 10 years’ experience in a similar CRO role.
• At least 5 years in senior management.
• Experience in risk governance and regulatory reporting.

Responsabilités

• Support growth by aligning risk appetite with strategy.
• Oversee risk profile and provide independent leadership on risk/return analysis.
• Maintain risk strategy and risk appetite communications across the Bank.
• Lead risk infrastructure, policies, standards, systems, and controls.
• Chair risk committees and report to the Board and EXCO.
• Identify, analyze and mitigate internal and external risks.
• Oversee ICAAP development and capital allocation strategies.
• Monitor risk measurement, KRIs, and risk reporting quality.

Connaissances

Risk management

Governance & compliance

Stakeholder management

Capital adequacy (ICAAP)

Stress testing

Strategic risk planning

Formation

Honours/Masters in business/risk

Description du poste

The key responsibilities associated with the CRO role are:StrategyØ Support the business in the achievement of sustainable growth aspirations, by enabling the business to take risk appropriately and identifying opportunities for immediate and long-term growth based on a detailed understanding of the Bank’s strategy, risk profile, products and markets.Ø Oversee the overall risk profile, providing independent leadership and judgement, challenge and analysis of risk and reward, ensuring exposures are managed in a consistent and systematic ways in accordance with the parameters set in the Risk Appetite Framework.Ø Maintain, enhance and communicate Risk Strategy and Risk Appetite across the Bank, whilst ensuring that business understands their responsibilities.Ø Integrate risk management with organizational and business planning.Risk culture, frameworks, policy and standardsØ Build a positive risk and compliance culture through communication and education on risk management, and effective role modelling of risk capacities and corporate values.Ø Lead, maintain and implement an appropriate infrastructure of all material risk frameworks, policies, standards, systems, process and controls, and reporting governance to manage and monitor the risk environment.Ø Consider the adequacy and effectiveness of the technology infrastructure supporting the risk management framework.GovernanceØ Assist the Chief Executive Officer (“CEO”) and the Board in the execution of any other tasks as may be required to meet the Bank’s objectives. Act as an active and engaged member of the executive team, supporting the effective management of the business.Ø Manage relationships with and regularly assess the needs and views of the Board Risk Committee, Executive Committee (“EXCO”) and all ExCo committees, be it the ALCO, Credit Committee, etc.Ø Submit monthly and or quarterly risk reports to the Board Risk Committee, EXCO and ExCo related committees.Ø Lead the Risk people agenda, including succession planning, talent management, employee development and improving employee engagement. Risk identification and mitigationØ Responsible for proactively and independently identifying, analyzing, and mitigating internal and external risks for the Bank, and proactively establishing and maintaining a top and emerging risks register.Ø Monitor and ensure proper working teams involved in operational risk including review and upgrade risk identification, loss event management, risk library development, business line mapping, risk control self-assessment (“RCSA”), Key Risk Indicators (“KRIs”), risk capital computation and risk mitigation strategies.Ø Monitor and ensure proper development, execution and monitoring if the Internal Capital Adequacy Assessment process (“ICAAP”), and its deliberation in the management and board committees.Ø Allocate capital to exposures based on risk, and optimize the Bank’s risk portfolio through business activities and risk transfer strategies.Monitor and reportØ Embed risk management practices in the Bank and associated monitoring and reporting on these risks.Ø Ensure robust processes are in place to deliver on regulatory and management reporting requirements.Ø Monitor major and critical risk issues, track developments and escalate to executive management.Ø Monitor the integrity of risk measurement techniques and MIS that are used to monitor the Bank’s risk profile relative to its risk appetite.Ø Act in a timely manner to ensure effective management, and where necessary mitigation.Risk modelsØ Design, maintain and develop appropriate risk models and risk modelling to support the Bank’s risk management strategy.Stress testingØ Ensure rigorous stress and scenario testing of the Bank’s business, material risks and to receive reports that explain the impact of crystallization of identified risks and threats to the Bank, and to ensure a sufficient level of risk mitigation is in place.Products and projectsØ Review and/or recommend new or proposed products, services or businesses initiatives that may expose the Bank to new material types of risks or significantly alter the Bank’s risk profile.Ø Oversee the implementation of strategic risk related projects and the overall risk transformation agenda.Customer interaction (internal and external)Ø Manage key relationships with internal and external stakeholders, developing and maintaining strong relationships with internal stakeholders, 1st 2nd and 3rd line functions, and with external stakeholders, which include regulators and external auditors.Qualification RequirementsØ Relevant Honours/Masters qualification within business/risk framework.Experience RequirementsØ Minimum 10 years’ experience within a similar role with at least 5 years’ experience at Senior Management level.CompanyFinbond Mutual BankLocationHead Office Gauteng PretoriaCategoryBusiness / Strategic Management JobsCareer levelStudent (Undergraduate/Graduate)Experience3 - 5Posted12 October 2026Closing date23 October 2026