{"id":843,"date":"2017-07-06T09:53:21","date_gmt":"2017-07-06T09:53:21","guid":{"rendered":"http:\/\/career74.co.za\/?p=843"},"modified":"2024-01-20T16:30:26","modified_gmt":"2024-01-20T16:30:26","slug":"operational-riskmonitoring-officer","status":"publish","type":"post","link":"https:\/\/career74.co.za\/?p=843","title":{"rendered":"Operational Risk\/Monitoring Officer"},"content":{"rendered":"

Location:\u00a0<\/strong>Johannesburg, ZA<\/p>\n

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Description<\/h2>\n

Closing Date<\/b><\/p>\n

24 July 2024<\/p>\n

Job Purpose<\/b><\/p>\n

To monitor the implementation of the Operational Risk Management Framework in Nedbank and its subsidiaries to ensure compliance to regulatory requirements and alignment to the operational risk management framework and international best practice.<\/p>\n

Job Responsibilities<\/b><\/p>\n

\u2022Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
\n\u2022Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
\n\u2022Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
\n\u2022Identify and confirm own financial targets by aligning with business unit targets.
\n\u2022Achieve or exceed targets by developing and implementing account plans for clients and targetting new business.
\n\u2022Develop an account plan for each client using knowledge of the client’s needs and by engaging with relevant stakeholders to identify tailor-made solutions to meet the client’s needs.
\n\u2022Manage costs by monitoring expenses and keeping within budget parameters.
\n\u2022Achieve economic profit by reviewing pricing annually and making required adjustments.
\n\u2022Provide relevant recommendations by maintaining sound knowledge of bank’s products and solutions; staying abreast of the market and business environment; by using research conducted by bank economic unit and by reading economic and financial material.
\n\u2022Meet client and bank needs by confirming that recommended solution is in line with bank guidelines for economic profit; bank business needs and regulations and by managing client expectations.
\n\u2022Support the implementation process by communicating with the client and internal stakeholders; monitoring progress; gathering feedback and taking corrective action.
\n\u2022Achieve agreed objectives within cost and time parameters by identifying potential and actual problems and working with relevant stakeholders to find solutions.
\n\u2022Manage all risks and ensure compliance by following regulatory requirements and bank’s internal policies and procedures; identifying risks and non-compliances and taking corrective action.
\n\u2022Recommend improvements for efficiency and competitve advantage by providing client and market feedback to relevant stakeholders.
\n\u2022Provide a single interface for the client to the bank by having sound knowledge of the bank’s products; services and solutions and by coordinating with relevant stakeholders.
\n\u2022Establish and maintain relationships with relevant stakeholders (internal and external providers) by engaging with them formally and informally e.g. in meetings; problem solving sessions and training sessions.
\n\u2022Proactively recommend tailor-made solutions to meet the client’s needs by gaining an intimate understanding of the client’s business and business environment; and by consulting with relevant stakeholders.
\n\u2022Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
\n\u2022Identify training courses and career progression for self through input and feedback from management.
\n\u2022Ensure all personal development plan activities are completed within specified timeframe.
\n\u2022Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
\n\u2022Obtain buy-in for developing new and\/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders’ businesses by highlighting benefits in support of the implementation of recommendations.<\/p>\n

Essential Qualifications – NQF Level<\/p>\n