Manager : Group Sanctions Desk Systems Advisory at Standard Bank Group

Job description

The functional Manager is responsible to manage the development of the Financial sanctions risk management landscape, provide oversight on Information Technology functions, provide input into control solutions with a proven confidence level and Return on Investment statistics to the Head: GSD Systems Advisory.

Key Responsibilities/Accountabilities

Providing the Head: GSD Systems Advisory with a single holistic view of financial sanctions risk controls inherent in systems used
for, Client on-boarding, Customer batch, and Payment

• Actively provide sanctions risk management related advice into the delivery of client on-boarding, customer batch, payments and pre-screening solutions across the Group.
• Understand the technical environment in which all sanctions screening systems function.
• Oversee the implementation of all necessary measures to ensure data integrity, business continuity, accurate statistical data, and manoeuvring efficiencies
• Providing systems risk control oversight into sanctions related projects focusing on:
• Promoting process-thinking and action creating an awareness of the importance of sanctions process and process thinking across the Group; and
• Executing and delivering the sanctions related design and implementation of practical solutions using structured processes and project management disciplines

Refining the Systems Advisory portions of the Group Sanctions Control Policy and Group Sanctions Operating Standards by
benchmarking against international best practice

• Draft, provide 1st level review and edit annually updated versions of the Systems Advisory contributions to the Group Sanctions Control Policy and Group Sanctions Operating Standards, procedures and other written materials.
• Responsible for ensuring that all data matters, system issues and IT projects being undertaken meet the necessary governance requirements from a financial sanctions risk management perspective.
• Safeguarding the reputational risk of the Group, canvas Business Unit support when providing input to the financial sanctions Systems Advisory policies, procedures and standards
• Provide technical and best practice methodology input into the risk based approach for financial sanctions risk management.
• Representing the GSD, support and participate in projects that relate to changes in Group Sanctions Control Policy and Group Sanctions Operating Standards.

Formulating and maintaining a group-wide GSD Systems Advisory design whilst also, where necessary, implementing practical solutions using structured processes and project management disciplines.

• Develop a GSD Systems Advisory risk framework self-assessment that is effective and specific to the Group
• Create a means for Group operations to be enabled to self-evaluate key risk controls using the GSD Systems Advisory risk framework
• Identify, in relation to the GSD Systems Advisory risk framework, across the Group areas where risks are not sufficiently mitigated, or where control efforts are potentially duplicated

Executing on the Strategic systems review roadmap on an on-going basis in relation to lessons learned and risks identified and produce the relevant reports in relation thereto.

• Report to the Head: GSD Systems Advisory on planned, scoped and delivered group-wide Systems Advisory risk framework reviews.
• Review compliance monitoring, assurance and audit scope documentation as well as findings
• Contribute to the development of risk metrics and risk appetite threshold setting.
• Drive a culture of proactive compliance.
• Collaborate with and contribute to specialist risk areas (operational risk, financial crime risk management, information security risk etc.) to ensure that business risk management requirements are addressed in all these frameworks.
• Contributing and where necessary ensure execution, monitoring, tracking and reporting on end-to-end sanctions system related process performance

Preferred Qualification and Experience

• Diploma - IT and Computer Sciences
• Project Management would be advantageous

Knowledge/Technical Skills/Expertise

• 3-4 Years Experience: Broad experience in systems risk management