Risk Manager I - Tygervalley at Sanlam Group

What will you do?

The primary purpose of the Risk Management function is to enable risk management in a dynamic way as to assist the organisation in making informed decisions to enable the achieving of organisational objectives. 

Key Outcomes

The following outcomes will be expected to be achieved by the Senior Risk Manager:

• Support, advise and assist management and staff across the value chain to embed risk management in line with the Glacier Enterprise Risk Management (ERM) Framework;
• Ensure that risk management processes (identify, assess, measure, respond, monitor, and report) are implemented within assigned business units/areas in line with Group requirements;
• Manage the rollout of risk policies in line with Group requirements, and review, and if necessary, challenge policy compliance attestations conducted by management;
• Monitor and challenge the adequacy and effectiveness of the risk management system and internal control environment;
• Contribute to, and if necessary, challenge the completeness of the identification of risks to the achievement of business strategy and objectives;
• Advise management and staff on developing processes and controls to proactively manage and mitigate risks;
• Challenge and advise on management actions to reduce risks to be within appetite, including as it relates to the remediation of control weaknesses;
• Investigate, analyse, and report on risk events (includes operational losses) in line with the Group requirements and advise on appropriate remedial actions to effectively address any control weaknesses;
• Prepare accurate and complete risk reports and dashboards for tabling at various governance structures (including Boards and Risk Committees) and ensure timely escalation of risks to the Cluster Risk teams;
• Collaborate with all functional areas across the business to ensure that risk management practices are integrated into all elements of the organisation’s risk management activities;
• Participate and/or execute on ad hoc risk management initiatives/ projects;
• Oversee development of the institution’s policies, procedures and controls to ensure a successful AML/CFT program;
• Identify and drive mitigation of AML/CFT risks considering the applicable AML/CFT laws and regulations that the financial institution must comply with; 
• Drive awareness training across the organisation on Risk Management, AML & Forensics; 
• Maintain effective and sound relationships across the Sanlam group;
• Provide leadership, mentorship and guidance to a high performing governance team.

Qualifications and experience

• Relevant tertiary qualification (B. Com / Certified (or progressing towards certification) Risk Management Practitioner / at least 7 years’ experience in Operational Risk Management in the Financial Services industry. 
• Computer literacy skills (MS Excel intermediate level) and knowledge of process analysis techniques essential.
• Sound knowledge and experience in governance, risk management and control principles would be an advantage. 

Competencies

• Client focus
• Cultivates innovation
• Collaborates
• Being resilient and adaptable 
• Drive results
• Attention to detail
• Managing workload
• Information gathering and monitoring
• Analytical thinking and Problem solving 
• Ability to influence risk-related decision-making

Attributes

• Positive, enthusiastic attitude 
• Ability to thrive under pressure
• Honesty, integrity and respect
• Teamwork
• Ability to work independently
• Growth mindset and empowered self
• Leadership skills
• What will make you successful in this role?
• Qualification and Experience
• Degree or Diploma with 4 to 6 years related experience.
• Knowledge and Skills
• Risk management
• Data Collection
• Business Processes
• Reporting and Administration
• Quality, compliance and accreditation