Johannesburg, South Africa
5 days ago
Operational Risk Head I
Job Description

To provide oversight in the identification, control implementation, monitoring and management of risk across the business with a view to enabling the achievement of stated business goals and objectives, while maintaining adherence to the Divisions approved risk appetite and risk management frameworks to ensure they keep up with the changes in the business environment and are aligned to the Divisions business requirements and practical realities

Hello Future eBucks Operational Risk Head

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

To manage segment wide risk profile by providing risk management strategies, tools, methodologies and measuring and reporting on segment risk exposures to mitigate against risk and influence direction of the business to ensure organisation performance against long-term strategy.

Are you someone who can:

Communicate the Businesses Operational Risk Strategy to deployed Risk Management functions.Track and report on progress towards achieving the Business Operational Risk Strategy at defined intervals;Identify the inter-relationships between different risk types and proactively identify and anticipate risks (including emerging risks);Work with relevant IT, legal, regulatory, business resilience, and fraud specialists to ensure comprehensive identification of all key operational risks;Assist business to identify risks inherent to key business processes, new products, business projects and key outsourced/insourced arrangements and critical third party service providers;Adopt a combined assurance approach to risk assessment by engaging with management, specialist risk areas and audit in assessing risks and ensure comprehensive risk assessments are conducted;Consider all key risks in preparing the operational risk profile report in a format that is acceptable to senior management and Group risk governance committees;Ensure appropriate governance structures are in place as well as develop and communicate timelines (taking into account Segment and Group timelines), for submission of relevant op risk reports to risk committee structures;Prepare clear and concise operational risk profile reports with focus on key risks, mitigating actions, ops risk themes and trends and emerging risks;Develop and maintain operational risk control monitoring plan – with focus on monitoring key controls based on key risks, identified operational risk themes;Provide input into FirstRand operational risk frameworks and policies as well as implement and adapt FirstRand operational risk frameworks and policies for the business in a practical and effective way;Facilitate the establishment of operational risk appetite and measure operational risk profile against operational risk appetite setting on a regular basis and report on the operational risk profile accordingly;Ensure risk coverage and involvement in business strategic discussions, new product development, system changes, key business projects to ensure proactive risk identification and mitigation;Advise on risk mitigation solutions and proactively engage with management on key risks mattersDevelop tactical strategy and delivery plans in support of functional strategic objectives in partnership with leadership;Demonstrate leadership behaviour through personal involvement, commitment and dedication in support of organisational values;Participate in planned activities that are appropriate for own and employee development

You will be an ideal candidate if you:

5 to 8 years risk management experience Appropriate undergraduate degree (e.g. B.Com / Law ) or Postgraduate or CertificationConceptual and Big Picture ThinkingJudgement and Decision-MakingEthical JudgementLeadershipPeople ManagementStrategic Thinking

You will have access to:

Challenging Work.Opportunities to network and collaborate with stakeholders at all levels of the organisation.Engage with subject matter experts to enhance and develop your skill set.Opportunities to innovate and use data analytics.

We can be a match if you are: 

Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough to.Obsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it.

Are you interested to take the step? We look forward to engaging with you further. Apply now!

#post

#FNB

#LI-CD1

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

11/02/25

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

Confirm your E-mail: Send Email