Key accountabilities

Risk Management and Control

·        Conduct regular risk assessments across financial crime intelligence and surveillance activities.

·        Assist in the development and maintenance of the I&S risk management framework, including internal controls, processes, and procedures.

·        Support the identification, assessment, and mitigation of risks, including boundary risks that impact financial crime and compliance risks.

·        Plan and implement internal control assessments and an I&S-wide integrated risk management framework.

·        Continuously monitor, evaluate, and report on the overall I&S risk profile, including systems, data, processes, human resources, and governance.

·        Monitor and track to resolution the effectiveness of controls to mitigate or minimise risks and detect and report breaches, control failures and risk events on a timely basis.

·        Identify potential areas of compliance vulnerability and risk, develop corrective action plans, and provide guidance on avoiding similar issues in the future.

·        Produce risk reports highlighting areas of concern and opportunities for improvement.

·        Develop risk registers, dashboards, and implement risk appetite and tolerance levels.

·        Identify, operationalise, and assess Key Risk Indicators (KRIs) across the organisation.

·        Support the alignment of business processes with the Group Financial Crime Risk Framework.

·        Enhance the procedures and standards for financial crime risk, to align with regulatory requirements, the Financial Crime Risk Management and Compliance Programme (RMCP), and Financial Crime strategy.

·        Manage governance awareness initiatives and internal assurance processes.

·        Continuously assess the effectiveness of processes and look for areas of potential efficiencies and business optimisation.

·        Support the management of process and procedures documentation and ensure governance standards are maintained.

·        Build strong relationships with internal and external stakeholders, including Risk, Legal, Compliance, Financial Crime, and business communities.

·        Research regulatory matters, emerging risks, trends, and compliance management best practices, and report findings to relevant stakeholders.

·        Support the development and embedment of risk policies, procedures, and guidance.

·        Act as a liaison between the Intelligence & Surveillance Team and key stakeholder, fostering trust and advocating for robust risk management practices. Provide training, guidance, and feedback to stakeholders to reinforce a risk management-focused culture.

·        Drive risk management quality assurance initiatives to evaluate the effectiveness of KRIs, policies, systems, and processes related to financial crime surveillance and intelligence. Identify areas for continuous improvement.

·        Collaborate with cross-functional teams to provide valuable insights and recommendations.

Strategy

·        Support the Senior Manager: Risk, Strategy, and Governance in the design, implementation, and enhancement of financial crime intelligence strategies, governance frameworks, and controls that align with regulatory expectations and Financial Crime risk appetite.

·        Support the development and implementation of the strategy to identify and manage risks across human resources, systems, data, and processes.

·        Support the Senior Manager: Risk, Strategy, and Governance in building a data-driven approach to managing risk, deriving insights, and making data-informed decisions.

·        Stay abreast of emerging trends in financial crime, including technological advancements, regulatory changes, and threat landscapes.

·        Support initiatives to incorporate predictive analytics, AI, and other future-focused solutions into the I&S risk management framework.

·        Track the RSG Book of work to enable effective management, delivery and prioritisation of tasks.

Support the expansion of training strategy and capabilities for risk knowledge management and sharing across I&S.

Preferred Education:

B-degree/Honours Degree/Advanced Diploma in Internal Audit, Risk Management or Business.

Preferred Experience:

•          Minimum of 4 years of experience in a risk management role. Focus on financial crime risk, compliance risk or operational risk is advantageous.

•          Exposure to risk governance and control committees

•          Experience in dealing with multiple stakeholders

•          Information technology and data analysis background advantageous.

Knowledge and Skills:

·        Analytical Mindset: Strong analytical and problem-solving skills to assess risks, interpret data, and make informed decisions. Experience in applying data analytics to enhance financial crime risk management.

·        Project Management: Strong project management skills, with experience managing complex, cross-functional projects from inception to completion. PMP or similar certification is a plus.

·        Technical Proficiency: Familiarity with financial crime detection tools, transaction monitoring systems, and data analytics.

·        Future-Focused Compliance Perspective: Visionary understanding of the evolving financial crime landscape, with an interest in integrating innovative tools and methods into compliance practices.

·        Risk Identification and Assessment: Ability to identify, analyse, and assess potential risks to the organisation’s  objectives.

·        Strategy Development: Skill in developing strategies to minimise or mitigate identified risks effectively, optimise business processes through risk management and delivery on team-wide objectives.

·        Regulatory Knowledge: Understanding and staying current with relevant laws, regulations, and industry standards to ensure compliance.

·        Data Analysis: Proficiency in analysing data to identify patterns, trends, and potential risk factors and draw insights to inform decision making.

·        Solution Focused: Capability to address and resolve issues related to risk management, adapting strategies as needed.

·        Objectivity, Integrity and Independence: Ability to maintain impartiality and transparency in reporting and communication, operating independently from undue influence, ensuring that risk assessments and recommendations are based solely on factual data and sound analysis.

·        Influencing and Communication Skills: Exceptional ability to communicate, influence, and engage stakeholders across all levels, including senior management. Able to advocate effectively to influence approaches to risk management and compliance .

·        Strong written and verbal communication: Ability to produce clear, concise, and well-structured reports that are easily understood by diverse audiences, and to effectively articulate complex risk and governance concepts through persuasive and confident speaking skills.

·        Effective Communication: Effective communication to convey complex risk information to stakeholders, facilitating informed decision-making.

·        Stakeholder Engagement: Develop strong working relationships with internal and external stakeholders, including Risk, Legal, Compliance, Financial Crime, and business units, with the ability to foster collaboration to achieve shared goals.

·        Conflict resolution: Ability to navigate conflicts effectively by understanding different perspectives, facilitating open dialogue, and finding mutually beneficial solutions.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)