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Risk Analyst

Employer
Nedbank
Location
Johannesburg Johannesburg Gauteng, South Africa
Salary
Competitive
Closing date
Aug 18, 2024
View moreView less
Job Role
Risk Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Requisition Details & Talent Acquisition Consultant

REQ 135263 Thembi Mtshali

Location: Johannesburg

Closing date:

Job Family

Risk, Audit and Compliance

Career Stream

Enterprise Wide Risk Management

Leadership Pipeline

Manage Self: Technical

FAIS Affected

Job Purpose

Implementation of the Enterprise-wide Risk Management framework fully across the risk universe to ensure an effective internal control environment within the cluster, by proactively managing risks through the different stages of identification, assessment, measurement, monitoring, mitigation and reporting.

Job Responsibilities

• Analyse data sets to identify trends and gaps; escalate exceptions and recommend corrective measures to mitigate potential risks and ensure an appropriate risk profile for the relevant business units.
•Develop and monitor risk related reports to ensure business units and management understand and take appropriate action on inherent risks and understand the impact of the decisions made to mitigate the risk.
•Develop monitoring processes and models.
•Improve on existing Risk frameworks to monitor delivery and conduct risk impact analysis against business strategy.
•Ensure own deliverables are accurate; timely; in the correct format and tailored to meet stakeholder requirements.
•Provide recommendations and monitor implementation and impact on business to achieve business results.
•Participate in Nedbank Culture building initiatives (eg.
•Staff surveys etc.) contributing to a culture conducive to the achievement of transformation goals.
•Participate and support corporate social responsibility initiatives for the achievement of business strategy.
•Identify opportunities to improve or enhance processes by identifying and recommending improvements to tools; policies and procedures to add value to Nedbank.
•Support implementation of new processes; policies and systems to add value to Nedbank.
•Understand and embrace the Nedbank Vision and Values by demonstrating the values through interaction with team and stakeholders to achieve goals and objectives.
•Identify training courses and career progression for self through input and feedback from management to improve personal capability and to stay abreast of developments in field of expertise.
•Ensure all learning activities are completed; experience practiced and certifications obtained and/or maintained within specified time frames to ensure personal growth and enable effectiveness in performance of roles and responsibilities.
•Share knowledge with team to ensure knowledge management; continuity; team success and that information is provided in the correct way to stakeholders.
•Understand and meet client needs through client engagement and data collection based on business requirements.
•Provide information and service that adds value to the business.
•Educate stakeholders on risk trends; systems; updates and legislative requirements to mitigate risk.

Types of exposures

• Corporate governance principles (e.g., King IV, Risk Management maturity models and their application).
• Computer Literacy (e.g., Microsoft 365, Workflow, Business Process and Dashboard Reporting).
• Banking industry knowledge, including relevant legal and regulatory compliance requirements.

Essential Qualifications - NQF Level

• Bachelor's degree in Commerce.
• Risk management and Information Technology qualification (in addition), advantageous.

Preferred Certifications

• Relevant to Governance, Compliance and Risk management.

Minimum Experience Level

• Minimum 3 years' risk management experience (preferably in a banking environment including IT risk).

Technical / Professional Knowledge

  • Business Acumen
  • Industry trends
  • Microsoft Office
  • Relevant regulatory knowledge
  • Business writing skills
  • Data Tools


Behavioural Competencies

  • Communication
  • Continuous Learning
  • Decision Making
  • Initiating Action
  • Building partnerships
  • Technical/Professional Knowledge and Skills


Disclaimer

Preference Recruiting Team at +27 860 555 566will be given to candidates from the underrepresented groups

Please contact the Nedbank.

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Please contact the Nedbank Recruiting Team at +27 860 555 566

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