Senior Risk Manager

Job Requisition Details

Requisition ID: 146156

Location: Johannesburg, Gauteng

Closing Date: 18 June 2026

Talent Acquisition:  Bongiwe Mchunu

Job Family

BCB Risk, Audit and Compliance

Career Stream

Leadership Pipeline

FAIS Affected

Job Purpose

Why Join Our Team

Job Responsibilities

• 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.


• Improve work processes; productivity and reduce costs by offering innovative ideas and input to Group Risk and/or stakeholders and through soliciting input from managers and colleagues.


• Develop risk plans that enable the implementation of the business strategy by breaking it down into targets and obtaining approval of plan from relevant strategic committees such as EXCO; ERCO; BUCC; OPCOM etc.


• Ensure compliance with regulations and prevent losses by facilitating risk management in the business and by engaging with relevant stakeholders regarding risk related issues.


• Ensure alignment of area business processes to the Group Risk Framework by participating and providing information to Nedbank Risk Committees.


• Keep business updated on a regular basis and analyse information generated from the risk exercises by ensuring that risk monitoring exercises across the business take place and are in line with all known risks.


• Ensure business processes and systems are functioning by identifying and documenting risks.


• Track the performance and compliance of the team by allocating tasks to the team according to different risk areas.


• Ensure the business fully complies with risk standards by revising cluster risk process guidelines.


• Mitigate risks by providing the business with relevant information; guidance and advice based on regulatory standards; compliance and audit findings.


• Evaluate and analyse area audit findings and management improvement comments; by assessing whether actions will result in improvement and by making recommendations.


• Meet financial objectives by containing costs.


• Ensure improvements on identified risks by engaging with business; understanding risks and by creating action plans.


• Operationalise the Nedbank Group Risk Framework by ensuring that business unit level ERCO governance structure and charters are implemented; ensuring adequate risk reports generated; risk meetings held and risk processes aligned with group.


• Build and maintain relationships with clients and service providers through attending meetings and utilising networking opportunities.


• Share information and knowledge with stakeholders; peers and team to by driving awareness campaigns.


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

Job Responsibilities Continued

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


• Support the achievement of the business strategy; objectives and values by understanding Nedbank risk strategy and Business Unit Plan.


• Identify training courses and career progression for self through input and feedback from management.


• Ensure all personal development plan activities are completed within specified timeframe.


• Share knowledge and industry trends with team and stakeholders during formal and informal interaction.


• 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.


• Identification of operational bottlenecks linked to risk controls.


• Perform risk assessments, with tracking of action owners to close gaps.


• Fraud incidents - focus on client fraud exits.


• Managed goodwill review process for Ops risk incidents escalated by business.


• Managed 3rd party/outsourcing risks.


• Monitoring in accordance with coordinated assurance plan, tracking outcomes and remedial action - by due date.


• All BCPs in place and tested (desktop & resumption sites) by due date.


• Managed RCSAs and KRIs for each business/division

Our Ideal Candidate

Essential Qualifications - NQF Level

Qualification

Preferred Certifications

Minimum Experience Level

Technical / Professional Knowledge

Behavioural Competencies