Job Purpose

To provide legal advise to business unit to mitigate risk to Nedbank.

Job Responsibilities

• Build and sustain business relations to ensure satisfied internal and external stakeholders.

• Ensure continued satisfaction of stakeholders by meeting turnaround times for requests and identifying and addressing issues or concerns through the provision of risk advice.

• Optimise new product development policy execution by ensuring alignment between all stakeholders and relevant business processes.

• Manage stakeholder expectations by providing management information; risk analytics; insights and strategic motivation resulting in the optimal management of these risk disciplines.

• Participate in and provide advice to board; Executive Committee; Management Committee and sub committees on governance; regulatory procedural and practice matters by attending; preparing and submitting papers; challenging and monitoring.

• Manage the relationship between Old Mutual and Nedbank Group to ensure alignment and embedding by Nedbank Group of Old Mutual policies and the Group Operating Manual.

• 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).

• 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 Group 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 risk advice to assist and enable business to achieve its risk objectives by developing ;managing and executing policies; procedures; practices of a risk nature.

• Provide strategic recommendations that are well supported through insights to relevant decision making body to improve risk management processes and practices.

• Manage risk by developing mandates for an effective risk management structure.

• Meet internal stakeholder requirements by providing governance; policy and advisory services.

• 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.

• Provide advice by responding to ad hoc risk requests and queries.

• 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.

• 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

• 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.

People Specification

Essential Qualifications

- NQF Level

• Advanced Diplomas/National 1st Degrees

Minimum Experience Level

• 2 - 4 years post articles experience

Technical / Professional Knowledge

• Business principles

• Business writing

• Governance, Risk and Controls

• Nedbank culture and values

• Nedbank policies and procedures

• Nedbank vision and strategy

• Relevant regulatory knowledge

• Relevant software and systems knowledge

• Stakeholder management

• Management information and reporting principles, tools and mechanisms

Behavioural Competencies

• Communication

• Decision Making

• Managing Work

• Technical/Professional Knowledge and Skills

• Continuous Learning

• Innovation