Company Description
Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
Job Description
To provide pro-active management and operational support enabling the implementation of the risk management strategy across the Short Term Insurance business unit of the Insurance and Asset Management (IAM) cluster.
Qualifications
Minimum Qualifications
Type of Qualification: First Degree
Field of Study: Actuarial Science/ Risk Management/Finance related/ BCom
Experience Required
- 3-4 years Operational Risk Management. Practical knowledge and experience of applicable Short Term Insurance legislation which would include an understanding of the SAM regulatory environment, the Insurance Act and other applicable legislation to the insurance business.
- 5-7 years Practical knowledge of risk, control frameworks, assurance & applications in the financial services industry. Fully conversant in risk appetite, risk responses & process improvement concepts. Understand of both regulatory and financial reporting risk principles.
Additional Information
Behavioural Competencies:
- Interpersonal skills.
- Ability to interact with diverse stakeholders, for example, Executive management, Regulators, Line management and operational personnel at all levels.
- Analytical and strategic thinking abilities.
- Attention to detail
- Good communication Skills - written, verbal and presentation skills.
- Disciplined and have high level of integrity, professionalism and trustworthiness.
- Customer service focused
- Team player
Technical Competencies:
- Risk and governance experience.
- An understanding of the risk environment in which the different business units operate.
- Understand the legal implications and pitfalls of insurance legislation and policy wordings.
- Financial planning / budgeting.
What We Do
As a brand with a legacy of 161 years in Africa, we have a deep understanding and belief in the boundless opportunities that this continent presents. Our vision extends beyond mere geography; it encompasses a profound recognition of the potential for growth that resonates within our people, customers, entrepreneurs, and all who share our unwavering commitment and passion for investing in Africa. With a presence in 20 countries across sub-Saharan Africa, we have cultivated a diverse community of the most skilled, innovative, and creative minds in the industry. Our purpose is to drive Africa's growth, acting as a catalyst for inclusive and sustainable economic development in the regions we serve. We strive to improve the lives of our fellow Africans by conducting business in an ethical and responsible manner. As a trusted partner, we consistently set higher standards and aspire to become better with each endeavour. We are more than just a banking institution; we are a driving force behind Africa's growth. Join us on this transformative journey. Together, we have the collective power to propel Africa into the future, making tangible progress for all who proudly call Africa home.
