Chief Risk Officer - HQ Pretoria

Chief Risk Officer (“CRO”)

The key responsibilities associated with the CRO role are:

Strategy

➢ Support the business in the achievement of sustainable growth aspirations, by enabling the

business to take risk appropriately and identifying opportunities for immediate and long-

term growth based on a detailed understanding of the Bank’s strategy, risk profile, products

and markets.

➢ Oversee the overall risk profile, providing independent leadership and judgement, challenge

and analysis of risk and reward, ensuring exposures are managed in a consistent and

systematic ways in accordance with the parameters set in the Risk Appetite Framework.

➢ Maintain, enhance and communicate Risk Strategy and Risk Appetite across the Bank, whilst

ensuring that business understands their responsibilities.

➢ Integrate risk management with organisational and business planning.

Risk culture, frameworks, policy and standards

➢ Build a positive risk and compliance culture through communication and education on risk

management, and effective role modelling of risk capacities and corporate values.

➢ Lead, maintain and implement an appropriate infrastructure of all material risk frameworks,

policies, standards, systems, process and controls, and reporting governance to manage and

monitor the risk environment.

➢ Consider the adequacy and effectiveness of the technology infrastructure supporting the risk

management framework.

Governance

➢ Assist the Chief Executive Officer (“CEO”) and the Board in the execution of any other tasks

as may be required to meet the Bank’s objectives. Act as an active and engaged member of

the executive team, supporting the effective management of the business.

➢ Manage relationships with and regularly assess the needs and views of the Board Risk

Committee, Executive Committee (“EXCO”) and all ExCo committees, be it the ALCO, Credit

Committee, etc.

➢ Submit monthly and or quarterly risk reports to the Board Risk Committee, EXCO and ExCo

related committees.

➢ Lead the Risk people agenda, including succession planning, talent management, employee

development and improving employee engagement.

Risk identification and mitigation

➢ Responsible for proactively and independently identifying, analysing, and mitigating internal

and external risks for the Bank, and proactively establishing and maintaining a top and

emerging risks register.

➢ Monitor and ensure proper working teams involved in operational risk including review and

upgrade risk identification, loss event management, risk library development, business line

mapping, risk control self-assessment (“RCSA”), Key Risk Indicators (“KRIs”), risk capital

computation and risk mitigation strategies.

➢ Monitor and ensure proper development, execution and monitoring if the Internal Capital

Adequacy Assessment process (“ICAAP”), and its deliberation in the management and board

committees.

➢ Allocate capital to exposures based on risk, and optimise the Bank’s risk portfolio through

business activities and risk transfer strategies.

Monitor and report

➢ Embed risk management practices in the Bank and associated monitoring and reporting on

these risks.

➢ Ensure robust processes are in place to deliver on regulatory and management reporting

requirements.

➢ Monitor major and critical risk issues, track developments and escalate to executive

management.

➢ Monitor the integrity of risk measurement techniques and MIS that are used to monitor the

Bank’s risk profile relative to its risk appetite.

➢ Act in a timely manner to ensure effective management, and where necessary mitigation.

Risk models

➢ Design, maintain and develop appropriate risk models and risk modelling to support the

Bank’s risk management strategy.

Stress testing

➢ Ensure rigorous stress and scenario testing of the Bank’s business, material risks and to

receive reports that explain the impact of crystallisation of identified risks and threats to the

Bank, and to ensure a sufficient level of risk mitigation is in place.

Products and projects

➢ Review and/or recommend new or proposed products, services or businesses initiatives that

may expose the Bank to new material types of risks or significantly alter the Bank’s risk

profile.

➢ Oversee the implementation of strategic risk related projects and the overall risk

transformation agenda.

Customer interaction (internal and external)

➢ Manage key relationships with internal and external stakeholders, developing and

maintaining strong relationships with internal stakeholders, 1st 2nd and 3rd line functions, and

with external stakeholders, which include regulators and external auditors.

Qualification Requirements

➢ Relevant Honours/Masters qualification within business/risk framework.

Experience Requirements

➢ Minimum 10 years’ experience within a similar role with at least 5 years’ experience at

Senior Management level.

Company Finbond Mutual Bank Location Pretoria Gauteng Job type Full Time Category Business / Strategic Management Jobs Career level Manager (Manager/Supervisor of Staff) Experience 3 - 5 Posted 31 August 2026 Closing date 14 September 2026