To lead, manage and deliver an integrated end-to-end Third-Party Risk management Framework, policies, standards, templates & tools, across the Stanbic IBTC Bank Ltd to ensure alignment to leading practices and adhere to all relevant policies & regulatory requirements. To provide industry expertise and subject matter expertise relating to Third Party Risk and incident management practices to achieve a standardised approach to proactively managing risk across the Stanbic IBTC Bank Ltd.
Key Responsibilities
- Drive the achievement of the third-party risk management mandate by establishing clear objectives, monitoring, and reporting on the achievement of these objectives.
- Identify areas of potential third-party risk exposure and recommend remediation and risk mitigation strategies to effectively manage third party risk.
- Lead and control the risks associated with, and incidents relating to Third-Party Risk, including Anti-Money Laundering AML / Anti-Bribery and Corruption ABC, Sanctions Control, Prevention the Facilitation of Tax Evasion PFTE, Regulatory Instruction Management RIM, Reputational Risk and Fraud Risk Management FRM Group-level standards.
- Set, advise and monitor adherence, conformance and compliance to Third Party Risk Management suite of policies and standards across the bank to ensure compliance with statutory and regulatory laws.
- Support internal and external audits by providing incident data and evidence of remediation.
Qualifications
- First Degree
Experience Required
- At least 3 years’ experience in Credit risk management and Governance in a Business and Commercial Banking environment. Risk assurance/ audit experience in a banking environment. An understanding of complex credit and transactional products in a Business and Commercial Banking environment as well as the credit life cycle.
Additional Information
Behavioural Competencies:
- Adopting Practical Approaches
- Articulating Information
- Developing Expertise
- Documenting Facts
- Examining Information
- Exploring Possibilities
- Interpreting Data
- Making Decisions
- Providing Insights
- Taking Action
- Team Working
- Upholding Standards
Technical Competencies:
- Evaluation of Internal Controls
- Internal Auditing
- Risk Identification
- Risk Management
- Verbal Communication
- Written Communication
