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Nedbank · Johannesburg, ZA

# Senior Risk Manager

Johannesburg, ZA Manager or lead 

Listed on Nedbank’s official careers site. Listed as of November 2, 2026. Check that it is still open and apply there.
[Apply on Nedbank’s careers site →](https://jobs.nedbank.co.za/job/Johannesburg-Senior-Risk-Manager/1451377733/)

[OpenNash Jobs](https://jobs.opennash.com/) / [Nedbank](https://jobs.opennash.com/companies/nedbank/) / Senior Risk Manager

## Job description

### Job Requisition Details Requisition ID

148318 Job Title: Senior Risk Manager: Subsidiary Governance and Strategic Initiatives
- Reports To: Head of ERM: Product
- Design and Innovation Banking Location: Johannesburg, Gauteng Closing Date: 04 November 2026 Talent Acquisition: Bongiwe Mchunu Job Family Business and Commercial Banking Risk, Audit and Compliance Career Stream Enterprise Wide Risk Management Leadership Pipeline Manage Self: Professional

### Job Purpose

To provide independent risk oversight, governance and strategic risk advisory services across business subsidiaries, joint ventures, associates and strategic investments by ensuring the Group Risk Framework, policies, standards and minimum control requirements are appropriately adopted and embedded; maintaining risk profiles and risk plans; enabling policy roadmap execution; conducting risk assessments and due diligence for acquisitions, partnerships and strategic transactions; and providing assurance to management and governance forums that material risks are identified, assessed, monitored and effectively managed.

### Job Responsibilities

Subsidiary Risk Governance Serve as the primary risk partner to assigned subsidiaries and strategic investments, Assess and monitor subsidiary compliance with Group governance frameworks, policies, standards and risk appetite requirements, Support Boards, Risk Committees, Exco and management forums through risk reporting, challenge and advisory services, Help maintain effective governance arrangements for subsidiaries, including clear committee responsibilities, reporting lines and processes for escalation protocols.

Work with subsidiaries to align their governance practices with Group requirements, aligned with size, complexity and level of maturity. Maintain and execute subsidiary policy adoption and roadmaps. Assess applicability of Group policies, frameworks and standards to subsidiaries. Facilitate gap assessments and remediation planning where policy requirements are not fully implemented. Monitor policy exceptions, dispensations and action plans.

Report policy maturity and conformance status to subsidiary and Group governance structures. Risk Profile Management Develop, maintain and periodically refresh subsidiary risk profiles. Facilitate risk identification, assessment and prioritisation exercises. Evaluate inherent and residual risks across strategic, operational, financial, regulatory, technology, conduct, sustainability and financial crime risk categories. Identify emerging risks, concentration risks and control weaknesses.

Ensure risk profiles inform business planning, prioritisation and management decision-making. Conduct risk reviews relating to new products, strategic initiatives, material process changes and operating model changes. Support risk assessments associated with technology change, outsourcing arrangements, partnerships and service providers. Review effectiveness of governance, risk and control environments and recommend enhancements.

### Risk Planning and Execution

Develop annual and multi-year risk plans aligned to business strategy, risk profiles, audit outcomes, regulatory expectations and emerging risks. Monitor execution of risk plan activities and track remediation of material findings. Report progress, key themes and emerging concerns to governance forums. Ensure risk activities are coordinated across assurance providers to prevent duplication and maximise coverage. Lead or coordinate risk due diligence assessments for acquisitions, disposals, partnerships, investments and strategic transactions.

Assess target entities across governance, risk management, regulatory compliance, financial crime, data privacy, cyber security, operational resilience, legal, sustainability, reputational, third-party and outsourcing risks. Prepare risk due diligence reports and provide challenge to transaction structures. Support transaction approval processes through preparation of risk opinions and recommendations. Identify integration risks and assist with post-acquisition risk integration planning.

Essential Qualifications - NQF Level Matric / Grade 12 / National Senior Certificate Advanced Diplomas/National 1st Degrees Preferred Qualification Post Graduate degree - Risk Management, LLB, CA (SA)

### Minimum Experience

Level Minimum 5 years in a Risk and/or Compliance Management role within Banking and/or Financial Services. Technical / Professional Knowledge Banking knowledge Business Acumen Data analysis Governance, Risk and Controls Industry trends Principles of project management Relevant regulatory knowledge Business writing skills Behavioural Competencies Communication Continuous Learning Decision Making Facilitating Change Influencing Technical/Professional Knowledge and Skills --------------------------------------------------------------------------------------- Please contact the Nedbank Recruiting Team at +27 860 555 566

## At a glance
- Posted by the employer: Not stated
- First seen by OpenNash: Nov 2, 2026
- Last checked: Nov 2, 2026
- Listed for: Under a day
- Location: Johannesburg, ZA[Apply on Nedbank’s careers site →](https://jobs.nedbank.co.za/job/Johannesburg-Senior-Risk-Manager/1451377733/)

## Hiring at Nedbank
- Open jobs: 50
- New in the last 7 days: After two weekly collections
- Tracked since: Oct 12, 2026

[All Nedbank jobs](https://jobs.opennash.com/companies/nedbank/) · [Weekly hiring report](/reports/hiring/)

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