Head of Risk

Job Purpose

• To be a functional leader and get results through a complete function functional synergy; competitive advantage for the business; building flexibility and effectiveness of the whole function; building functional state-of-the-art-results and credibility and understanding and valuing all sub-functions.
• To engage the future through functional best practice strategy and getting tomorrows results through addressing issues today.

Job Responsibilities

• Ensure alignment and achievement of strategy and create a completive advantage by translating the Nedbank and Business Unit strategy into a customised Divisional strategy.
• Develop and introduce a people strategy that will create a culture that drives the Cluster and Nedbank's vision and values.
• Build a high performance team.
• Ensure that the leadership agenda has been embraced by the division/function.
• Manage performance of reports and hold them accountable for managing the performance of their reports.
• Actively build a culture of improvement.
• Contribute to team effectiveness by participating in the recruitment and selection of senior staff.
• Optimise performance and motivation, empowering team to make decisions and recommend tailored solutions to Business Unit specific problems.
• Ensure alignment to governance and compliance requirements.
• Drive effective and efficient service or product delivery. Optimise productivity of the function.
• Realise improved business delivery.
• Foster and enable innovation increasing the value add of the function. Identify innovative trends that could enhance the value-add of the function.
• Ensure decisions are made in the best interest of the business.
• Suggest proposed changes to project delivery mechanisms, methodologies and client service delivery improvements.
• Ensure commercial soundness and relevance. Leverage opportunities to create a competitive function and a commercially successful function
• Establish and drive the business strategy of the function.
• Establish effective industry networks that translate into the creation of competitive advantage through IT enablement for the client.
• Ensure projects results are delivered.
• Ensure portfolio of services or projects are configured to drive priority delivery.
• Ensure services to client meet expectatioms.
• Deliver service to client expectations by providing services that are benchmarked to the industry and are structured to achieve quality and cost competitiveness. Support execution capability by ensuring Divisional and group strategy is translated into effective and clear business plans.
• Drive collaboration and integration across functional areas within the GT value chain and into the client environment
• Deliver client value through alignment with strategic intent by ensuring the client service portfolio is reflective of the emerging needs of the client and transparently presented
• Ensure optimal functional service delivery through establishing and maintaining Service Level Agreements SLA's and Operational Level Agreements OLA's Foster strong relationships by acting as champion of the Nedbank Strategy and IT strategy, guiding client portfolio's with a Nedbank first mindset.
• Enable achievement of functional Business Unit objectives.
• Continue to build the value of IT Services. Manage client expectations.
• Ensure the achievement of targets by monitoring implemented Divisional EE and Transformation Plan, correcting any deviations.
• Support Nedbank strategy by driving corporate citizenship.
• Develop, implement and measure the effectiveness of a strategy to build a differentiated culture.
• Measure the effectiveness of differentiated culture plan through staff and client feedback and ensure corrective action plans are developed and implemented.

Essential Qualifications - NQF Level

Professional Qualifications/Honour's Degree

Preferred Qualification

• Honours Degree or equivalent

Essential Certifications

• Formal certification from relevant professional bodies where applicable
• Role Relevant Tertiary Qualification

Minimum Experience Level

• 4-8 years Executive Management
• 10-15 years Business Management

Technical / Professional Knowledge

• Principles of project management
• Relevant regulatory knowledge
• Stakeholder management
• Strategic planning
• Talent management
• Business writing skills
• Management information and reporting principles, tools and mechanisms
• System Development Life cycleSDLC
• Service orientated Architecture SOA
• Client Service Management