Risk Management jobs in South Africa

Role Description

This role provides financial, commercial, and strategic support to FNZ (SA) Ltd, with assistance to the FNZ Group as required. The opportunity is suited for an experienced and qualified Chartered Accountant who has worked within a complex and regulated growth environment. The successful individual will command respect and deliver faultless execution.

The SA CFO will lead FNZ (SA)'s Finance function, balancing stewardship responsibilities (value protection) with providing useful business insights and commercial support (value enhancement).

As this role is caught by the Senior Managers Regime, the role holder must adhere to the FCA's Conduct Rules.

Specific Role Responsibilities

General:

• Partner with the CEO, Group CFO, and the Board to develop a 3-5 year business plan to create shareholder wealth.
• Ensure FNZ (SA) has the skills and resources to comply with local financial regulations and that financial risks are managed appropriately.
• Implement processes and controls to execute plans, including annual budgeting.
• Act as a bridge between the UK Board and Finance to communicate finance strategy throughout the business.
• Liaise with auditors, bankers, investors, and other external finance functions.
• Ensure regular Board reporting, including management accounts, customer profitability analysis, and capital management/cash flow forecasting.
• This role does not impact CASS processing activities within FNZ or its clients.
• Remain up to date with CASS developments as communicated by FNZ.
• Participate in regulated and non-regulated SA entity committee boards.

Finance:

Assist the Group CFO in:

• Driving best practice financial management.
• Managing annual budgets and rolling forecasts.
• Implementing measures to control costs through cost centre accountability.

Strategy:

Assist the Group CFO in:

• Positioning the business for an eventual exit.
• Handling corporate finance matters like debt raising and investor relations.
• Developing strategic plans.
• Assessing the scope, costs, and benefits of transformational initiatives.

Commercial:
Ensure controls throughout sales and expenditure processes.

Regulatory Capital Management:

Ensure accurate reporting and monitoring of regulatory capital resources and Pillar 1 capital requirements. Responsible for stress testing, reverse stress testing, and wind-down calculations. Assist in ICAAP production and maintenance. Manage liquidity risk under BIPRU12.

Approved Person:

Ensure governance, regulatory compliance, and oversight of FNZ's financial affairs. Maintain knowledge of the regulatory environment and FCA requirements. Oversee systems and controls for compliance. Identify and manage risks, ensure staff competence, and review conflicts of interest.

Performance Assessment:

• Long-term growth and profitability for shareholders.
• A credible 3-5 year business plan.
• Realistic and achievable budgets.
• Strong financial controls and compliance environment.

About FNZ

FNZ is committed to democratizing wealth, making investing accessible for everyone. We provide a global wealth management platform that integrates technology with operations, partnering with over 650 financial institutions and managing US$1.5 trillion in assets. We help over 20 million people invest in their future.