Job Details

📌 Job Title: Risk Manager
🏢 Company: Capitec Bank Ltd
📍 Location: Sandton, Gauteng, South Africa
💼 Employment Type: Full-Time

Company Overview

Capitec Bank Ltd is one of South Africa’s leading banks, committed to making banking simple, accessible, and affordable. With a strong client-first culture and a focus on innovation, Capitec continues to strengthen its governance and enterprise risk capabilities to ensure sustainable growth and regulatory excellence.

Job Overview

The Risk Manager will provide expert second-line oversight within the Enterprise Risk Management Framework (ERMF).

This senior leadership role ensures effective risk governance, regulatory compliance, and strategic risk mitigation across the organisation. The successful candidate will influence senior stakeholders, align risk initiatives with business strategy, and strengthen the bank’s risk culture maturity.

Key Responsibilities

🛡 Enterprise Risk Oversight

Provide 2nd line risk oversight across business units.
Implement and enhance the Enterprise Risk Management Framework.
Ensure alignment of risk metrics and reporting with strategy.

📊 Strategic Risk Leadership

Lead and manage risk initiatives across large organisational units.
Apply risk expertise to complex and emerging challenges.
Influence stakeholders to drive risk-aware decision-making.

⚖ Governance & Regulatory Compliance

Engage with regulators and manage regulatory relationships.
Ensure compliance with banking regulations and governance frameworks.
Oversee risk lifecycle processes and internal risk metrics.

👥 Stakeholder & Team Leadership

Build and develop high-performing risk teams.
Collaborate across functions including capital markets, technology, and compliance.
Provide strategic insights to executive leadership.

Qualifications

🎓 Education

Minimum:

Bachelor’s Degree in Risk & Compliance or Law

Preferred:

Postgraduate qualification in Risk & Compliance or Law

💼 Experience

10+ years’ risk management experience in a senior leadership role.
OR
Risk specialist leadership experience with:
- At least 6 years’ industry exposure to banking regulations, capital markets, technology risks, and public policy.
Proven experience influencing stakeholders and driving objectives.
Experience aligning risk reporting and tactical initiatives with strategic objectives.
Regulatory liaison and engagement experience.

🧠 Knowledge & Skills

Expert knowledge of risk lifecycle and governance frameworks.
Strong understanding of financial, commercial, and business principles.
In-depth corporate governance knowledge.
Analytical, commercial, and decision-making expertise.
Strong leadership and relationship management skills.
Advanced problem-solving capability.

CV Tips

Clearly highlight 2nd line risk oversight experience.
Include regulatory engagement and governance framework exposure.
Quantify strategic risk initiatives led (e.g., enterprise-wide framework rollout).
Mention banking, capital markets, or technology risk experience.
Showcase leadership impact (team size, transformation initiatives).
Keep your CV executive-level, structured, and results-driven (max 3 pages).

Benefits of Joining the Company

Senior leadership role within a leading South African bank.
Strategic influence on enterprise-wide risk frameworks.
Exposure to regulatory engagement and governance leadership.
Collaborative culture focused on innovation and excellence.
Competitive remuneration and executive-level benefits.

Company Policy

Capitec Bank Ltd is committed to Employment Equity and transformation.

All appointments are subject to a clear criminal and credit record. By applying, candidates consent to the processing of personal information for recruitment purposes.

The bank reserves the right not to fill the position.

To apply for this job please visit careers.capitecbank.co.za.