Share this Job
Team Lead, Business Risk Control job at Standard Bank | Apply Now
Are you looking for Bank jobs in South Africa 2024 today?, then you might be interested in Team Lead, Business Risk Control job at Standard Bank
Johannesburg, South Africa
Full Time
About the Organisation
Standard Bank, founded in 1862, is one of South Africa's oldest and largest financial institutions. With its headquarters in Johannesburg, the bank plays a significant role in the African continent's economy. It offers a wide range of services, including personal and business banking, corporate and investment banking, wealth management, and more.
Standard Bank is known for its extensive branch network across South Africa and its presence in over 20 African countries. The bank’s commitment to innovation is evident in its digital banking solutions, which provide customers with convenient, secure ways to manage their finances.
Job Title
Team Lead, Business Risk Control job at Standard Bank
Job Description
To manage a Business Risk Management team to provide first line risk related advice and assurance to stakeholders from all Business Units and corporate functions across Standard Bank Offshore in line with regulatory requirements, internal policies and standards to ensure a culture of quality, control and transparent risk ownership.
Duties and Responsibilities
Training and Awareness
Train and educate staff on internal control policies, risk management, and compliance requirements.
Promote awareness within the business unit about the importance of adhering to control measures and risk policies.
Collaboration with Business Units
Work closely with department heads, operations teams, and compliance officers to ensure that business activities align with control and risk management frameworks.
Support business units in designing and implementing processes that balance efficiency and control.
Incident Reporting and Investigation
Oversee the reporting of any incidents related to compliance breaches or control failures.
Conduct investigations into reported issues, identifying root causes and implementing corrective measures to prevent recurrence.
Regulatory Updates and Adherence
Keep the business unit updated on changes in regulatory requirements that impact its operations.
Ensure that the unit remains compliant with industry regulations, legal standards, and internal policies.
Budget and Resource Management
Manage the budget and resources allocated for control and compliance activities within the business unit.
Ensure that resources are used efficiently to achieve compliance goals.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications and Competencies
5-7 years Significant experience in all aspects of Operational Risk Management within the financial services industry specifically managing controls, testing and oversight of key risks. In addition, some experience in managing teams, dealing with key stakeholders.
Additional Information
Behavioral Competencies:
Adopting Practical Approaches
Articulating Information
Convincing People
Developing Expertise
Directing People
Technical Competencies:
Evaluating Risk Management Effectiveness
Evaluation of Internal Controls
Promote Good Governance, Risk & Control
Quality Control
Risk Identification
Risk Management
Risk Reporting
How to Apply
APPLICATIONS FOR THIS POSITION MUST BE ONLINE
Click the "Apply Button" Below to submit your Application
Related Jobs
.png)
.png)
.png)
