Risk

We help the Standard Bank Group understand risk, make sound decisions and  grow responsibly. Our teams look ahead to identify and manage the risks that could affect our clients, our business and the markets in which we operate. From operational risk to emerging threats, we help the group stay resilient in a changing world.

Here, insight and sound judgement help create the confidence to grow.

Integrity in every decision, resilience in every market

A career in Risk gives you exposure to complex challenges across different businesses, markets and areas of risk. You’ll work with leaders across the group to help manage risk, while supporting the the sustainable growth of our business.

Working within our three lines of defence framework, you’ll build a broad understanding of how risk appetite, controls and oversight come together. Deepening your expertise and strengthening the judgement needed to influence important business decisions.

Our department areas

Non-Financial Risk

Non-Financial Risk focuses on risks that arise from the way the business operates. These can include risks linked to people, processes, systems, technology and external events. The team helps the group identify, assess and manage these risks to strengthen operational resilience and reduce disruption.

Strategic Risk

Strategic Risk considers the risks linked to the strategic choices our businesses make. This team assesses how changes in markets, competition and the broader operating environment could affect our strategy. It also considers the risks that may arise when strategies are implemented and helps strengthen the management of reputational risk.

Financial Risk

Financial Risk helps the group understand and manage risks that could affect its financial strength. This includes changes in markets, liquidity, prices and rates, as well as credit risk where clients or counterparties may be unable to meet their financial obligations.

This team helps ensure these risks are understood and managed within the group’s risk appetite.

Climate Risk

Climate Risk helps the group understand how climate change could affect our clients, our business and the markets in which we operate.

This team assesses both physical risks, such as extreme weather and changing climate patterns, and the risks that come with the transition to a lower-carbon economy. This helps inform responsible decision-making across our business.

Market Risk

Market Risk focuses on the potential impact of changes in financial markets. This team identifies, assesses and monitors risks linked to movements in areas such as interest rates, currencies, equities and commodity prices. This helps protect the group against unexpected market changes.

Insurance Risk

Insurance Risk focuses on the uncertainties associated with insurance products and policyholder behaviour. This teams assess whether actual claims, behaviour and outcomes differ from the assumptions used when products are priced and underwritten. Their work helps ensure that insurance risks are understood, monitored and managed effectively.