Manager, Risk & Governance

Job Overview

Business Segment: Insurance & Asset Management

Company: Standard Bank of South Africa

Location: ZA, GP, Roodepoort, 4 Ellis Street

Job Type: Full-time

Job Ref ID: 80434018A-0002

Date Posted: 6/15/2026

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The purpose of this function is to ensure that sound governance is applied in managing all risk types within Standard Insurance Limited (SIL) in line with BU Risk Appetite and Policies for SIL and the Standard Bank Group, with specific focus Third Party Risk and monitoring of SIL’s third parties. This function will also require specific focus on Strategic Risks, including Financial Risk, assist in the SIL Own Risk and Solvency Assessment (ORSA) process and various governance processes including Combined Assurance.

Qualifications

Minimum Qualifications

Type of Qualification: B.Com Law/LLB or equivalent, Risk Management Degree or Internal Audit

Field of Study: Law, Business Commerce, Risk and Auditing

Experience Required

To facilitate the creation and adoption of appropriate risk governance, accountable to derive a standardised approach which enable principle based policies enabled by consistent guidelines for use by Stakeholders.

Experience as a compliance officer / auditor

Experience in business management / risk management

Insurance industry experience

Experience with SAM regulation and ORSA process implementation and reporting. Compliance monitoring / auditing experience, development or sound monitoring methodologies and owning the end-to-end monitoring process: drafting and implementing monitoring plans, working papers, monitoring reports and tracking and closing of monitoring findings until resolution.

Drafting and maintaining of policies, experience in a risk management role in the banking and/or financial services sector, risk management supporting activities, periodic assessment of processes to manage risk and the maintenance of repositories of risk information for knowledge management for reference purposes. Have in place the requirements of governance processes of the bank and the codes of practice which determine risk governance.

Additional Information

Behavioural Competencies

Adopting Practical Approaches

Challenging Ideas

Convincing People

Documenting Facts

Embracing Change

Following Procedures

Interacting with People

Providing Insights

Resolving Conflict

Taking Action

Thinking Positively

Upholding Standards

Technical Competencies

Financial Industry Regulatory Framework

Risk Identification

Risk Management

Risk Measurement

Risk Response Strategy

Risk/ Reward Thinking

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