Risk Manager II

Job Description

Hello Future, Risk Manager As a Risk Manager within FNB Personal & Private Chief Operating Office (COO), you will be part of a team where experts come together to enable excellence.

In this role, you will lead the identification, assessment, and mitigation of operational risks across the P&P COO, ensuring alignment with FirstRand Group Risk frameworks and regulatory requirements, with a strong commitment to continuous improvement, customer experience and operational excellence.

In this role, you will own the implementation and monitoring of risk tools, drive a proactive risk culture, and provide expert guidance on risk mitigation strategies. Furthermore, you will collaborate across business units and manage several operational risk sub-types.

Operational Risk Management & Compliance

• Identify and assess operational risks across business processes (including data), projects, and third-party engagements.
• Provide expert guidance on risk mitigation strategies aligned with FirstRand’s operational risk management frameworks and policies.
• Implement and monitor operational risk control plans, focusing on key controls and risk themes.
• Conduct risk assessments (including PRCIA) and ensure comprehensive documentation of risk profiles and mitigation actions.
• Conduct risk reviews of new products, initiatives, and portfolios.
• Track and report progress against the operational risk strategy, highlighting key risks, trends, and emerging threats.

Monitoring, Reporting & Assurance

• Prepare clear and concise operational risk reports for governance forums, including KRIs, risk appetite metrics, and control effectiveness.
• Prepare risk dashboards, reports, and presentations for risk committees and senior management.
• Drive a combined assurance approach by collaborating with line management, internal audit, and specialist risk functions.
• Monitor implementation of corrective actions and escalate unresolved risk issues through appropriate governance structures.
• Conduct control testing activities, aligning to key and critical controls identified in the business.
• Conduct control validations and verification activities to ensure robust second line oversight of audit findings management, with the added focus of proactively avoiding repeat audit findings.

Business Engagement & Risk Advisory

• Build strong relationships with business stakeholders to understand strategic objectives, operational drivers, and risk concerns.
• Support business units in identifying risks in new products, processes, and outsourcing arrangements.
• Facilitate the design and implementation of risk management processes that are practical and aligned to business needs.
• Provide feedback and training to enhance risk awareness and embed a proactive risk culture.

Process Improvement & Cost Control

• Identify process inefficiencies and design flaws that contribute to operational risk.
• Recommend and implement process improvements to reduce costs and enhance control effectiveness.
• Ensure all key processes are documented with appropriate controls and regularly reviewed.

Business Continuity & Resilience

• ·Ensure business continuity plans are aligned with the enterprise strategy, regularly tested, and updated.
• Collaborate with stakeholders to ensure resilience against operational disruptions and emerging risks.

Collaboration & Development

• Foster a culture of teamwork, inclusivity, and continuous improvement.
• Participate in personal and professional development activities to enhance risk management capabilities.
• Contribute to innovation by identifying flexible and efficient risk solutions tailored to business needs.

Education Requirements

• Bachelor’s degree in Risk Management, Finance, Data Science, or related field.
• Professional certification advantageous (CRM Prac, CRISC, CISA, etc.).

Skills and Experience Requirements

• A minimum of 4-5 years’ experience in Risk Management.
• Excellent analytical, problem-solving, and communication skills.
• Proficiency in risk management systems, data analytics, process mapping and reporting tools.
• Previous working experience in cross-functional environments.

You Will Have Access To

• Opportunities to network and collaborate.
• Challenging working environment.
• Opportunities to innovate.

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.

05/12/25