Nedbank Risk Graduate Trainee Program 2022 for South Africans

Job Responsibilities

Risk Advisory

• Identify and address issues or concerns through the provision of risk advice.
• Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Optimise the risk management performance of Nedbank Cluster by assisting business to identify; recommend (through reporting; insights and risk analytics) and execute risk management strategies within the Group’s defined risk appetite.
• Provide insightful and advanced management information; risk analytics; insights and strategic motivation resulting in the optimal management of these risk disciplines.
• Provide recommendations that are well supported through insights to relevant decision-making body to improve risk management processes and practices.
• Automation of reporting

Risk Management

• Provide risk advice to assist and enable business and enterprise governance committees to achieve its risk objectives by developing; managing and executing policies; procedures; practices of a risk nature.
• Deliver world class risk reports to enterprise governance committees on governance; regulatory; procedural and practice matters
• Ensure alignment and embedding of policies and the Group Operating Manual.
• Manage risk by developing mandates for an effective risk management structure.
• Report on the risk management process by generating and presenting risk reports.
• Ensure the requirements of risk; governance and compliance are addressed by embedding a risk culture within Nedbank Cluster.

Stakeholder Management 

• Build and sustain business relations to ensure satisfied internal and external stakeholders.
• Manage stakeholder expectations
• Manage the relationship between Nedbank Cluster and Nedbank Group Risk
• Meet internal stakeholder requirements
• Provide advice by responding to ad hoc risk requests and queries.
• Obtain 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.

Planning and Organising

• Support 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.
• Ensure continued satisfaction of stakeholders by meeting turnaround times for requests
• Culture
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc.).
• Research and provide training to staff on risk.
• Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).

Personal Growth and Development

• Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from managers.
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced, and certifications obtained and/or maintained within specified time frames.
• Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction

Essential Qualifications – NQF Level

Preferred Qualification

• Graduate degree in Mathematics, Financial Mathematics, Statistics, Economics or Actuarial Science, or a quantitative discipline (e.g., engineering), or a Chartered Accountant

Preferred Certifications

Behavioural Competencies