Risk Governance Manager at Stanbic IBTC Bank

Standard IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa's financial system for 150 years, and now spans 16 countries across the African continent.

The Operations division of Standard Bank is at the very centre of all the bank’s procedures, enabling and optimising our Corporate and Investment Banking activities. We develop prototype concepts into robust, reliable solutions, constantly evolving our existing product range to help the bank maintain a competitive lead with our global clients. We are also in demand as internal consultants to the business, helping to manage the Bank’s assets through effective risk management and control systems. As part of this role we now seek an experienced Internal Control professional, who will help guide our work to fulfill our ambitious growth strategy

Standard IBTC Bank is recruiting to fill the following candidates:

Job Title: Risk Governance Manager

Ref No.: 12716
Location: Lagos
Division: Group Risk Management
Position Category: Risk Management Operations
Employment Type: Full Time - Permanent
Shift: No
Regulatory Approval: Yes

Division Proposition:
Effective risk management is fundamental to the business activities of the Standard Bank Group (group). While we remain committed to increasing shareholder value by developing and growing our business within our broad determined risk appetite, we are  mindful of achieving this objective in line with the interests of all stakeholders.

Position Description:
To support the Head of Risk Governance in providing assurance on the effectiveness of the risk governance architecture in Stanbic IBTC Holdings.

Key Responsibilities:
Generic to All Risk Types:

• Support the Head of Risk Governance in embedding Risk Standards; Policies and Procedures, Mandates and other related governance documentation.
• Facilitate the quarterly attestation framework.
• Provide an effective custodial service (maintenance, review and management) of the risk suite of governance documents in terms of defined review cycles.
• Ensure that reviews and actioning of waivers, dispensations and carve-outs granted under the policies are conducted and progress made to resolve the dispensations.
• Ensure that procedures are reviewed and updated annually.

Risk Governance Architecture Optimisation:

• Support the Head of Risk Governance in conducting ongoing assessments of the entities Risk Governance architecture to ensure it remains relevant and efficient and is aligned to the Group Standards and industry / best practice.
• Analyse quarterly Risk type key risk indicators (KRI) trends to gauge the potential impact on the appropriateness of the architecture.
• Recommend improvements and provide solutions based on the outcome of assessments.
• Any other activity as assigned by the HoR

Key performance measures:

• Accuracy of reports/risk analytics to aid decision making
• Timely resolution to problems, queries
• Well organized and accessible information from folders and databases
• Quality of presentation slides
• Timely submission of deliverables with minimal errors

Key dimensions of the job:

• Supports Head of Risk Governance.
• Ensure accuracy of reports and timely conclusion of assigned projects / tasks.
• Required Skills and Qualifications
• Knowledge
• Understanding of the risk universe and risk governance framework
• Ability to apply the risk governance framework across Stanbic IBTC Holdco
• Strong analytical / numeracy skills
• Excellent use of Microsoft Office suite of products (Excel; Word; PowerPoint; Visio, etc)
• Market research and a good understanding of the global economy, policies, trends, etc as it affects the risk universe

Experience:

• A 1st degree is essential and a 2nd degree or a professional qualification.
• Minimum of 4years relevant experience in Banking.
• Experience in implementing decisions.

Required Competencies:
Important relationships:

• Liaises with other risk units and internal stakeholders to effectively manage the risk governance performance.
• Network of other business managers within the group to ensure consistency of approach and high quality information flow

Problem solving, planning and decision making:

• Managing work volumes, dealing diplomatically with challenging relationships with other departments.
• Provide responsive feedback and ensure that all queries, issues and requests are dealt efficiently and timely.
• Must be able to project manage agreed actions

Personal competencies:

• Professional (language, written, dress, attitude etc)
• Confident disposition
• Methodical with attention to detail
• Excellent communication (written; verbal; presentation) and interpersonal skills
• Reliability; Integrity & Honesty
• Strong organizational and time management skills.
• Strong numerical ability
• Ability to work independently with limited direct supervision
• Results driven
• Problem solving skills
• Ability to work under pressure

Application Closing Date
17th October, 2014

How To Apply
Interested and qualified candidates should:
Click here to apply online