Job Summary

The role is responsible for leading, managing, and delivering Third Party Risk Management (TPRM) and specific Non-Financial Risk (NFR) activities. The position focuses on conducting due diligence, risk assessments, monitoring third-party risks, and supporting anti-money laundering compliance to proactively safeguard the Bank from operational and financial crime risks.

Key Responsibilities

Third Party Risk Management

• Lead and manage Third Party Risk Management (TPRM) activities in line with the TPRM and NFR Frameworks.
• Conduct due diligence and risk assessments for third parties.
• Monitor and manage third-party risks proactively.
• Conduct periodic checks, screening, and ongoing monitoring of third parties.
• Identify suspicious third-party activities that may expose the Bank to risk.

Anti-Money Laundering & Financial Crime

• Provide advisory support on Anti-Money Laundering (AML) and financial crime matters.
• Support the business in identifying and managing suspicious transactions and activities.
• Ensure compliance with:
  • Internal AML standards
  • Group policies
  • Regulatory requirements
• Collaborate with Group AML teams on investigations and intelligence gathering.

Operational & Non-Financial Risk Management

• Contribute to implementation of the Operational Risk Management Framework.
• Promote a strong culture of compliance and consistency across the business.
• Support risk and control awareness through knowledge sharing initiatives.
• Drive establishment of a Customer Complaints Risk review process.
• Evaluate and improve Risk Management Frameworks to address emerging threats and risks.

Requirements

Education

• First Degree in:
  • Business Commerce
  • Finance and Accounting
  • Risk Management
  • Or related field from a recognized institution

Experience

• 8–10 years’ experience as a seasoned leader in Non-Financial Risk management.

Knowledge & Technical Expertise

• Strong understanding of:
  • Risk appetite
  • Risk response
  • Process improvement concepts
  • Operational risk
  • Financial reporting risk
• Practical experience in:
  • Information Risk
  • Risk control frameworks
  • Assurance processes within financial services
• Familiarity with:
  • Information Security Forum (ISF) Standards of Good Practice
  • Protection of Personal Information Act (POPIA)

Technical Competencies

• Analysing Insurable Risk
• Financial Statement Analysis
• Economic Capital Management
• Evaluating Risk Management Effectiveness
• Risk Identification and Reporting
• Risk Measurement
• Risk Response Strategy
• Risk/Reward Thinking

Behavioral Competencies

• Articulating Information
• Challenging Ideas
• Convincing People
• Directing People
• Embracing Change
• Examining Information