Job Description

Maintain internal control standards, including timely implementation of operational audits together with any issues raised by external regulators.

Maintain and enhance tracking metrics for management reporting and escalation - monitoring Strategic risks on a daily basis. Implement a proactive control approach to assist management in achieving strategic objectives, promotes efficiency, reduces the risk of loss and helps ensure compliance with corporate policies, procedures, laws and regulations. Assist senior management in maintaining adherence to policies for change initiatives, new products and significant systems enhancements within one's allocated business unit. Provide support to the Head: Risk Management in terms of the development of operational risk related policies, processes, procedures, standards, guidelines and directives. Implement, interpret and communicate in terms of operational risk related policies, processes, procedures, standards, guidelines and directives within SBV. Division. Represent Risk Management at the Manco and partner with one's dedicated Division in a joint effort to achieving the objectives outlined for the Division.

Provide clear direction to the business on the Operational risk strategic plan and key focus areas

Provide relevant coaching, guidance and training on the implementation and maintenance of the Operational Risk Framework components including CSA's, KRI's, Events, Risk Assessments and key risk scenarios Assess the level of compliance of business for the relevant risk framework and policies

Remain abreast with the Risk framework, policies, standards, procedures and relevant legislation/regulations


Assist Management to comply with the Business Continuity Policies, as well as Safety and Health Regulations and Policies Assess and monitor the current and forward-looking exposure (financial and non-financial) to Operational Risk i.e. considering all framework elements, strategic planning, business expansions/contractions and other major change programs.

Support the scoping and definition of related Operational Risk deliverables and plans, ensuring that these are aligned to the Central Operational risk

Assess the relevance and performance of the Risk indicators and thresholds Review the key risk assessments related to the business with appropriate challenge Check and challenge the end-to-end Operational risk profile of the business, including emerging risks, to ensure no surprises. Consider all framework elements, strategic planning, business expansions/contractions and other major change programs Partner with business to provide guidance on issue/action, documentation, tracking, escalation and remediation Perform conformance reviews on agreed aspects of the framework Oversee deep dive and lessons learnt exercises for material risks, including review, challenge and tracking/escalation of findings. Review remediation plans for adequacy, completeness and progress Oversee monthly loss events Validate data and information in relevant reports Provide independent challenge on and insight from relevant reports to senior management Prepare appropriate current and forecast Operational risk profile reporting for the business Liaise across African Operations, leveraging internal engagement resources as appropriate to provide Operational risk oversight and challenge.

Reduce operational risk exposure to acceptable levels of target risks

Guarantee appropriate operational risk governance with regards to new product approvals processes Maintain an optimal balance between risk and cost of control Assist with developing an effective and efficient operational risk culture by ensuring compliance with risk governance, policies, standards and guidance Be an effective ambassador and advisor to stakeholders

Governance

Subscribe and align to SBV Services' ISO 9001:2015 Quality Management Standards, ensuring the department's processes and quality management system is at all times in compliance with the standard. Support SBVs ESG journey, reporting on and managing the ESG requirements to ensure a positive reflection and outcome

Lead as an Ambassador and executor of Change.

Act as a change management architect in periods of change to ensure business continuity. Manage the integration of business units into a seamless end to end solution for customers. Effectively communicate and embed new processes and procedures as they occur, addressing or escalating matters/ concerns to the SME's (subject matter experts) when required.
Facilitate the necessary presentations, workshops, or forums to ensure consistent and accurate communication is given across one's portfolio.


Minimum Requirements: Experience


5 years' appropriate experience within a risk management, audit or compliance environment Exposure to the financial industry or supply chain industry advantageous Demonstrated written and oral English language proficiency Exposure to regulatory/compliance audits (SARB, ISO 9001, etc) Strong knowledge of Operational Risk Frameworks Project & Change Management (risk stream lead) Regulatory & Compliance Engagements (internal/external auditors, regulatory risk assessments, 3rd party/vendor risk assessments) Experience in internal control frameworks, risk monitoring, and compliance oversight.

Minimum Requirements: Education


B.Com Risk Management, Internal Audit or Process Engineering * Advanced computer skills (Word, Excel, PowerPoint)