Operational Risk Manager

nedbank; Johannesburg; On-site; ZAR 500,000 - 800,000; Full time

Job summary

A leading financial institution is seeking an operational risk management professional to implement and maintain their operational risk framework. This role requires a minimum of 3-5 years experience in banking risk, strong communication skills, and the ability to build relationships with clients and stakeholders. Responsibilities include ensuring compliance and optimizing business processes in line with the bank's strategic goals.

Qualifications

• 3-5 years experience in banking risk.
• Advanced diploma or national first degree required.
• MBA/CA preferred qualification.

Responsibilities

• Support operational risk management framework and compliance.
• Build relationships with clients and stakeholders.
• Monitor adherence to risk management standards.

Skills

Change management

Communication Strategies

Governance, Risk and Controls

Industry trends

Principles of financial management

Principles of project management

Relevant regulatory knowledge

Relevant software and systems knowledge

Research methodology

Cluster Specific Operational Knowledge

Communication

Stress Tolerance

Decision Making

Education

Advanced Diplomas/National 1st Degrees

MBA/CA

Job description

To implement and maintain the Groups operational risk management framework through partnering with business to manage operational risk and ensure compliance to regulatory requirements; as per Nedbank business strategy.

Job Responsibilities

•This role will support the Senior Manager and cover the portfolio of Client Operations (Lending Middle Office Areas),HR, Marketing and Strategy.

Build sound professional relationships with clients through collaboration; client focus; innovative growth; excellent execution; taking ownership
•Build trust with clients through professional conduct and providing advice and guidance.
•Develop professional working relationships with internal stakeholders (Other Risk functions; Group; Audit etc.) through collaboration; liaising with various stakeholders to improve the framework.
•Strong Team player
•High Performer
•Optimise business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
•Improve the risk culture through on-going active contribution (awareness campaigns and day to day interaction with stakeholders and clients).
•Deliver efficiency initiatives
•Identify and assess the risk and controls relevant to the portfolio in terms of operations; new products; projects; systems and the environment
•Ensure that risks are well managed and assurance monitoring plans are well defined and effective.
•Monitor adherence and compliance to the operational risk management framework.
•Ensure that the operational risk reporting to the various governance forums are accurate; relevant and comparable by reporting timeously.
•Prevent recurrence of incidents by undertaking investigations; classifying and reporting operational risk incidents.
•Ensure appropriate evidence of risk management by adhering to internal governance standards.

Job Responsibilities Continue

People Specification

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

MBA/CA

Essential Certifications

Preferred Certifications

Minimum Experience Level

3-5 years experience in banking risk

Technical / Professional Knowledge

• Change management
• Communication Strategies
• Governance, Risk and Controls
• Industry trends
• Principles of financial management
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Research methodology
• Cluster Specific Operational Knowledge
• Communication
• Technical/Professional Knowledge and Skills
• Building Partnerships
• Stress Tolerance
• Decision Making

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Nedbank Ltd Reg No 1951/000009/06.
Authorised financial services and registered credit provider (NCRCP16).

For assistance please contact the Nedbank Recruiting Team at [phone]