Risk Manager Role at The Capitec Bank | Apply now!

Job Details

📌 Position: Risk Manager – Enterprise Risk
🏢 Company: Capitec Bank
📍 Location: Sandton, Gauteng, South Africa
💼 Employment Type: Permanent
🏦 Industry: Banking & Financial Services

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Company Overview

Capitec Bank is a leading South African retail bank operating within a highly regulated financial services environment. The bank applies robust governance, capital adequacy, and enterprise risk management frameworks aligned with evolving regulatory standards and corporate governance principles.

The organisation places strong emphasis on risk culture maturity, regulatory compliance, and sustainable performance, supported by a structured Enterprise Risk Management (ERM) framework.

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Job Overview

The Risk Manager will provide expert second-line risk oversight across the organisation as part of the Enterprise Risk Management Framework implementation.

This senior role actively influences stakeholders, strengthens risk governance practices, ensures regulatory alignment, and drives strategic risk mitigation initiatives. The position requires strong leadership capability, regulatory engagement experience, and the ability to align enterprise risk metrics with strategic objectives.

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Key Responsibilities

• Provide 2nd line enterprise risk oversight across business units

• Strengthen risk culture maturity and governance practices

• Lead and manage strategic risk initiatives across the organisation

• Align internal risk metrics and reporting with corporate strategy

• Engage with regulators and external stakeholders

• Oversee risk lifecycle/value chain implementation

• Ensure adherence to corporate governance frameworks

• Provide expert advisory support on capital markets, technology risk, and banking regulations

• Influence executive stakeholders on risk mitigation strategies

• Support sustainable business performance through effective risk management

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Qualifications

Education

Minimum:

• Bachelor’s Degree in Risk and Compliance or Law

Preferred:

• Postgraduate qualification in Risk and Compliance or Law

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Experience

Required:

• 10+ years’ risk management experience in a senior leadership role overseeing a large organisational unit (preferably within a financial institution or bank)

OR

• Senior risk specialist experience in a leadership capacity

Additional Requirements:

• Minimum 6 years’ experience in banking regulations, capital markets, technology risk, and public policy

• Proven experience influencing senior stakeholders

• Strategic planning and execution of enterprise-wide risk initiatives

• Regulatory liaison and engagement experience

• Alignment of risk metrics and tactical objectives with strategy

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Knowledge & Technical Expertise

• Risk lifecycle and value chain management

• Corporate governance frameworks

• Regulatory and compliance frameworks within banking

• Risk management systems and methodologies

• Commercial, financial, and business principles

• Process-oriented management

• Internal risk metrics and reporting approaches

• Quality management principles

• Business products, processes, and systems

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Core Skills

• Advanced analytical capability

• Commercial acumen

• Strategic decision-making

• Leadership and team development

• Stakeholder engagement and relationship management

• Complex problem-solving

• Strong communication skills

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CV Tips

• Clearly demonstrate enterprise risk leadership experience at scale.

• Highlight regulatory engagement exposure (e.g., SARB, capital frameworks, governance bodies).

• Quantify impact of risk initiatives (e.g., improved compliance ratings, reduced risk exposure).

• Showcase experience aligning risk metrics with corporate strategy.

• Emphasise leadership of cross-functional risk teams.

• Present governance and regulatory knowledge in a structured format.

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Benefits of Joining the Company

• Senior leadership role within a major South African bank

• Strategic influence over enterprise risk direction

• Exposure to capital markets and regulatory frameworks

• Opportunity to shape risk governance maturity

• Collaborative executive-level engagement

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Company Policy

Capitec Bank maintains strict governance, compliance, and ethical standards aligned with South African banking regulations and corporate governance frameworks.

Employment is subject to a clear criminal and credit record. The bank is committed to diversity, equity, and inclusion in accordance with applicable legislation and internal policies.