IT Operational Risk Manager at Nedbank Johannesburg

Blog Post: IT Operational Risk Manager – Johannesburg

📍 Location: Johannesburg, South Africa
📅 Date Posted: 9 October 2025
🆔 Reference Number: 142273
🕓 Closing Date: 20 October 2025

About the Role

Nedbank is seeking an IT Operational Risk Manager to develop, implement, and monitor the Operational Risk Management Framework across the bank and its subsidiaries. This position ensures compliance with regulatory standards while aligning operations with international best practices.

Key Responsibilities

• Provide risk advisory and support across IT projects and processes, including risk assessments and issue tracking.
• Present operational risk insights at executive forums and participate in strategic initiatives.
• Drive and embed a strong risk culture through stakeholder engagement and committee participation.
• Ensure compliance with internal risk frameworks, policies, and training mandates.
• Deliver on Group Operational Risk Management (GORM) strategies in line with BASEL and the Banks Act.
• Enhance operational risk methodologies, frameworks, and policies to improve effectiveness.
• Monitor and analyse major operational risk losses and control breakdowns.
• Identify and assess potential future operational risk impacts from regulatory changes.
• Compile internal reports and contribute to external risk disclosures.
• Collaborate with stakeholders, regulators, and assurance providers to manage operational risk effectively.
• Provide advisory support on aligning risk appetite, capital requirements, and business objectives.
• Contribute to Nedbank’s transformation, culture, and CSI initiatives.

Technical Expertise

• Enterprise-wide Risk Management
• IT Risk and Information Security Principles
• Data Risk Management (advantageous)
• IT Security Knowledge (advantageous)

Qualifications

🎓 Essential:

• Advanced Diploma or National First Degree

📈 Experience:

• 5–8 years in Risk, Governance, or Auditing OR
• 8–10 years in the Banking and/or Insurance sector

Core Competencies

• Building Partnerships
• Strong Communication Skills
• Decision-Making Ability
• Stress Tolerance
• Technical and Professional Knowledge
• Adaptability

Professional Knowledge Areas

• Banking procedures and business terms
• Communication strategies
• Data analysis and project management
• Financial management principles
• Software systems and technologies
• Operational risk and cluster-specific knowledge

📞 Contact: Nedbank Recruiting Team
Tel: +27 860 555 566

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