Senior Risk Manager

nedbank; Johannesburg; On-site; ZAR 650 000 - 850 000; Full time

Job summary

A leading financial institution in Johannesburg is seeking a Senior Risk Manager focused on Environment, Sustainability, and Governance (ESG). In this role, you will operationalise ESG frameworks, advise on climate risk, and ensure compliance with regulatory requirements. The ideal candidate will have over 3 years of experience in ESG risk management, strong data analysis skills, and the ability to present findings to senior stakeholders.

Qualifications

• 3+ years experience in ESG Risk Management.
• Proven ability to embed ESG frameworks.
• Skilled in preparing ESG risk reports.

Responsibilities

• Operationalise the Nedbank Group ESG Frameworks.
• Monitor adherence to ESG risk frameworks.
• Prepare risk reports for senior management.

Skills

ESG Risk Management

Regulatory Requirements Knowledge

Data Analysis

Business Acumen

Education

Advanced Diplomas/National 1st Degrees

Environmental/Sustainability related, LLB, Commerce (B.Comm), BSc or similar

Job description

Nedbank, Business and Commercial Banking

Manage Self: Professional

Position

Senior Risk Manager – Environment, Sustainability and Governance

Why join our team!

This is a rare opportunity to join Nedbank at a strategic inflection point where ESG risk management is being embedded deeply into the business. As a Senior Risk Manager – ESG, you’ll play a pivotal role in shaping the cluster’s sustainability journey by operationalising ESG frameworks, advising on climate risk, and reporting directly to senior stakeholders. You’ll be part of a highly collaborative, fast-paced team that values autonomy, innovation, and purpose-driven impact. The role offers exposure to high-level strategic initiatives, including glidepath development, transition risk analysis, and regulatory alignment with SARB climate risk guidelines. You’ll have the chance to influence decision-making at the highest levels, contribute to long-term resilience, and help drive Nedbank’s transformation agenda. If you’re passionate about sustainability, risk, and making a measurable difference, this role offers the platform, visibility, and support to do just that.

Job Purpose

To ensure that the Group Risk Framework is embedded; operationalised and implemented within the business and provide advice and guidance to mitigate business risks and ensure that regulatory requirements are met.

Job Responsibilities

Policy & Framework Management

• Embedment of Nedbank Group, and specifically, ESG Policies and frameworks within the cluster, through active participation in and Risk representation in steering committees.
• Maintaining and interpreting risk and compliance policies, including climate risk frameworks.
• Operationalise the Nedbank Group, and specifically the ESG Frameworks by ensuring that cluster level governance structures and charters are implemented; ensuring adequate risk reports generated; risk meetings held and ESG processes & strategy are aligned with group.
• Monitoring adherence to Nedbank Group, specifically ESG risk frameworks, regulatory requirements, and governance standards.
• Climate risk oversight and gap analysis for regulatory compliance and policy conformance.
• Ensure the business fully complies with ESG risk standards by revising cluster and risk process guidelines.
• Mitigate ESG risk by providing business with relevant information; guidance and advice based on regulatory standards; compliance and audit findings. Ensure improvements on identified risks by engaging with business; understanding risks and by creating action plans.

Advisory & Challenge

• Advisory on risk frameworks related to sustainability and SARB requirements.
• Acting as a critical challenger to business decisions, embedding risk considerations in processes and ensuring alignment of strategy to Nedbank’s environmental and sustainability targets.
• Evaluate and analyse relevant audit findings and management improvement comments; by assessing whether actions will result in improvement and by making recommendations.
• Obtain buy-in for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.

Monitoring & Reporting

• Monitoring and reporting progress on climate risk initiatives.
• Preparing risk reports for senior management and escalating significant issues promptly.

Regulatory Enablement

• Coordinating responses and gap analyses for regulatory bodies (e.g., SARB climate risk requirements).

Awareness & Capability Building

• Driving risk awareness initiatives and supporting training across business units.

Job Responsibilities Continue

Management Oversight

• Accountable for tracking the performance and conformance of the team to SEMS process SLAs by streamlining processes and creating efficiencies.
• Improve work processes; productivity and reduce costs by offering innovative ideas and input to Group and/or business stakeholders and through soliciting input from managers and colleagues.

Foster Healthy Risk Culture and forge business and stakeholder relationships

• Build relationships; by reporting risk issues and by providing risk related information to strategic committees; as per the Group Risk Framework.

Foster Healthy Risk Culture and forge business and stakeholder relationships

• Build long-term relationships and support stakeholders in reaching business objectives by keeping abreast of and sharing industry information with stakeholders.

Manage Personal Growth and Knowledge

• Keep abreast of industry changes and legislative changes that impacts on role by reading the relevant newsletters, websites and attending sessions.

Embody the Nedbank values

• Contribute to a culture conducive to the achievement of transformation goals (targets) and support business strategies that improve corporate image by participating in Nedbank Culture building initiatives (e.g. Surveys etc.).
• Achieve business strategy by participating and encouraging others to participate in and support corporate social responsibility initiatives.
• Foster transformation of the workplace and support Nedbank achievement of the BEE initiatives and transformation targets; by contributing to an environment where diversity is valued.
• Foster transformation of the workplace and support Nedbank achievement of the BEE initiatives and transformation targets; by contributing to an environment where diversity is valued.

Essential Qualifications - NQF Level

• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Environmental/Sustainability related, LLB, Commerce (B.Comm), BSc or similar

Preferred Certifications

• Sustainability and Climate Risk (SCR®) Certificate (or similar)

Minimum Experience Level

• 3+ years experience in ESG Risk Management
• Hands-on experience in ESG risk management within banking or financial services.
• Proven ability to embed ESG frameworks and conduct climate risk gap analyses.
• Strong understanding of regulatory requirements, including SARB climate risk guidelines.
• Skilled in preparing and presenting ESG risk reports to senior stakeholders, including Group Risk and Board Committees.
• Demonstrated capability in aligning ESG strategy with governance structures and business objectives.
• Comfortable working independently in a fast-paced, collaborative environment.
• Experience in driving ESG awareness and capability building across teams.

Technical / Professional Knowledge

• Banking knowledge
• Business Acumen
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Principles of project management
• Relevant regulatory knowledge
• Business writing skills

Disclaimer

Preference will be given to candidates from the underrepresented groups

Please contact the Nedbank Recruiting Team at [phone]

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Please contact the Nedbank Recruiting Team at [phone]

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