Enterprise Wide Risk Manager - Nedbank Insurance

Nedbank Head Office; Johannesburg; On-site; ZAR 900 000 - 1 200 000; Full time

Job summary

A leading financial services provider is seeking an experienced Risk Manager for its Johannesburg office. The role involves providing strategic and operational expertise on non-financial risk matters, managing a team while ensuring compliance with industry standards. Candidates should have over 7 years of experience in risk management, particularly in financial services, and possess strong analytical and communication skills. Competitive compensation is offered in a dynamic environment.

Qualifications

• Bachelor's degree in relevant fields; postgraduate or certification preferred.
• 7+ years in risk management, insurance experience required.
• 3+ years in a senior risk role.

Responsibilities

• Implement and enhance risk frameworks aligned with standards.
• Advise on non-financial risks including operational and strategic.
• Develop risk appetite statements and monitor regulatory changes.

Skills

Risk Management

Analytical skills

Communication

Stakeholder engagement

Strategic thinking

Education

Bachelor’s degree in Risk Management, Business Administration, Finance/Commerce

Job description

Job Classification * Job Requisition: 143389 * TA Specialist: Refilwe Falatsi * Closing Date: 16 January 2026 * Location: 135 Rivonia Campus, Sandton * Cluster: Personal and Private Banking | Nedbank Insurance | Risk

P...Nedbank Insurance is seeking a seasoned Risk Manager to provide strategic and operational expertise on non-financial risk matters. This senior role reports to the Head of Governance and supports the Insurance Executive in embedding a strong risk culture across the business.

Key Responsibilities

• Implement and enhance risk frameworks, policies, and processes aligned with Nedbank and insurance industry standards.
• Advise on non-financial risks: Operational, Strategic, Reputational, Compliance, Conduct, Technology, Cyber, Data, ESG.
• Develop risk appetite statements, KRIs, and scenario analyses.
• Prepare and present risk reports to executives and committees.
• Monitor regulatory changes and emerging risks.
• Lead and manage a team of Risk Officers.

What We’re Looking For

🎓 Qualifications:

• Bachelor’s degree in Risk Management, Business Administration, Finance/Commerce (Postgrad or certification preferred).

📈 Experience:

• 7+ years in risk management within financial services (insurance experience essential).
• 3+ years in a senior risk role.
• Strong knowledge of ISO 31000 and regulatory requirements.

💡 Competencies:

• Strategic thinker, analytical, and solution-oriented.
• Excellent communication and stakeholder engagement skills.
• High integrity and attention to detail.