To provide pro-active management and operational support enabling the implementation of the Non-Financial Risk (NFR) management strategy across the Business Units or Group Functions considering the relevant NFR types, and risk management processes to identify and mitigate NFRs.
Job Summary
- Type: full-time
- Location: Mbabane
- Category: Risk Management
- Closing Date: 2026-08-28
Key Responsibilities
- To provide pro-active management and operational support enabling the implementation of the Non-Financial Risk (NFR) management strategy across the Business Units or Group Functions considering the relevant NFR types, and risk management processes to identify and mitigate NFRs.
Requirements
- Type of Qualification: First Degree
- Field of Study: Business Commerce, Risk Management
- Operational Risk Management
- Risk & Corporate Affairs
- 3-4 years
- Practical knowledge and experience under Information Risk which would include an understanding of the Standard Bank Eswatini Information Risk Framework and Data Privacy Standard or Industry exposure to similar standards such as the Information Security Forum (ISF) Standard of Good Practice and Protection of Personal Information Act (POPIA).
- 5-7 years
- Practical knowledge of risk, control frameworks, assurance & applications in financial services industry. Fully conversant in risk appetite, risk response & process improvement concepts. Understand both non-financial risk and financial reporting risk characteristics.
- Behavioural Competencies:
- – Articulating Information
- – Challenging Ideas
- – Convincing People
- – Directing People
- – Embracing Change
- – Examining Information
- – Exploring Possibilities
- – Generating Ideas
- – Making Decisions
- – Providing Insights
- – Resolving Conflict
- – Upholding Standards
- Technical Competencies:
- – Analysing Insurable Risk
- – Economic Capital Management
- – Evaluating Risk Management Effectiveness
- – Risk Identification
- – Risk Measurement
- – Risk Reporting
- – Risk Response Strategy
- – Risk/ Reward Thinking
How to Apply
About the Company
Standard Bank Eswatini operates as a prominent financial institution serving the personal banking needs of individuals across the country. Its official website, standardbank.co.sz, provides essential resources such as detailed pricing guides and general terms and conditions for its services. These documents ensure transparency and inform customers about the financial products available within Eswatini. As a key player, Standard Bank Eswatini is dedicated to supporting its clients with tailored banking solutions throughout the nation.
Personal banking solutions in Eswatini.
Website: https://www.standardbank.co.sz/eswatini/personal
Frequently Asked Questions
What qualifications or certifications are typically required for a Non-Financial Risk Manager role in Eswatini?
A bachelor’s degree in finance, business administration, law, or a related field is usually required; many employers in Eswatini prefer candidates with professional certifications such as ISO 31000 Lead Risk Manager or CRISC, especially given the growing emphasis on regulatory compliance under the Central Bank of Eswatini’s guidelines. Local experience in banking or financial services — particularly with exposure to operational, conduct, or reputational risk frameworks — is highly valued.
What does a typical day look like for a Non-Financial Risk Manager at a bank like Standard Bank in Eswatini?
You’ll likely review control effectiveness across departments, assess emerging risks (e.g., fraud, cyber threats, or customer complaints), and support line managers in implementing mitigation plans aligned with local regulatory expectations. Daily tasks include documenting risk assessments, preparing reports for senior management and the Risk Committee, and collaborating with internal audit and compliance teams — often using tools common in Southern African banking environments.
How does the work culture and expectations for this role differ in Eswatini compared to other countries?
In Eswatini, strong interpersonal skills and cultural awareness are essential — decision-making often involves consensus-building and respect for hierarchical structures, especially when engaging with senior leadership or regulators. Employers value fluency in both English and siSwati, adaptability to evolving local regulations (e.g., Financial Intelligence Unit requirements), and demonstrated commitment to ethical conduct within a close-knit professional community.
What realistic career progression paths exist for a Non-Financial Risk Manager in Eswatini’s banking sector?
With 3–5 years’ experience, professionals often progress to Senior Risk Manager or Head of Operational Risk roles, sometimes rotating into Group Risk functions across Standard Bank’s Southern Africa footprint. Continued development through local CPD programmes — such as those offered by the Institute of Risk Management South Africa (IRMSA) — supports advancement into executive risk leadership or specialist advisory positions within regional financial institutions.
What benefits (leave, medical aid, pension, etc.) can I expect in this role in Eswatini?
Full-time roles in major banks typically include 22–30 days of annual leave, comprehensive medical aid covering dependants, and mandatory pension contributions under Eswatini’s National Provident Fund (NPF) scheme. Some employers also offer additional benefits like life insurance, wellness programmes, and study leave support for relevant risk-related certifications approved by the NPF or employer policy.
How do I apply, and what do employers in Eswatini specifically look for in candidates for this role?
Applications are usually submitted online via the bank’s careers portal or through local job boards like SwaziJobs; shortlisted candidates undergo competency-based interviews and may be asked to present a case study on a local risk scenario (e.g., managing branch-level fraud or data privacy compliance). Employers prioritise integrity, clear communication in local contexts, proven ability to influence non-risk colleagues, and familiarity with Eswatini’s Banking Act and Central Bank directives.