Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.
To provide strong execution and operational drive to implement Non-Financial Risk (NFR) management processes and systems as a key enabler to achieving the business objectives of the organisation across business units.
Job Summary
- Type: full-time
- Location: Gaborone
- Category: Risk Management
- Closing Date: 2026-08-31
Key Responsibilities
- To provide strong execution and operational drive to implement Non-Financial Risk (NFR) management processes and systems as a key enabler to achieving the business objectives of the organisation across business units.
Requirements
- Type of Qualification: First Degree
- Field of Study: Business Commerce
- Type of Qualification: First Degree
- Field of Study: Risk Management
- Operational Risk Management
- Risk & Corporate Affairs
- 3-4 years
- Practical knowledge of risk and control frameworks and application in financial services industry. Be fully conversant in risk appetite, risk response and process improvement concepts. Understand both NFR and financial reporting risk characteristics.
- 3-4 years
- Practical knowledge of risk, control frameworks & 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
– Embracing Change
– Examining Information
– Exploring Possibilities
– Generating Ideas
– Interpreting Data
– 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
To apply, please visit: jobs.smartrecruiters.com
Frequently Asked Questions
What qualifications and certifications are typically required for a Non-Financial Risk Manager role in Botswana?
A bachelor’s degree in finance, risk management, business administration, or a related field is usually required; many employers in Botswana, including banks, prefer candidates with professional certifications such as the Certified Risk Professional (CRP) from the Institute of Risk Management South Africa (IRMSA) or ISO 31000 training. Local experience with Botswana’s regulatory framework — including the Bank of Botswana’s Prudential Guidelines and the Financial Intelligence Agency (FIA) requirements — is highly valued.
What does a typical day look like for a Non-Financial Risk Manager at a bank in Botswana?
Day-to-day responsibilities include identifying, assessing, and monitoring operational, compliance, conduct, and strategic risks across business units, often liaising with internal audit, compliance, and line managers. You’ll prepare risk reports for local governance committees — such as the Bank of Botswana-mandated Risk Management Committee — and support implementation of controls aligned with Botswana’s National Risk Management Framework for financial institutions.
How does the work culture and expectations for this role differ in Botswana compared to other countries?
In Botswana, relationship-building, respect for hierarchy, and consensus-driven decision-making are central — so effective communication with senior management and cross-departmental stakeholders is essential. Employers expect strong understanding of local context, including cultural norms in stakeholder engagement, adherence to Botswana’s Public Procurement and Asset Disposal Act where relevant, and sensitivity to national priorities like economic diversification and financial inclusion.
What realistic career progression paths exist for Non-Financial Risk Managers in Botswana’s banking sector?
Entry-level roles often start as Risk Analyst or Compliance Officer, progressing to Non-Financial Risk Manager, then Senior Risk Manager or Head of Operational Risk — with potential lateral moves into Group Risk, Internal Audit, or Regulatory Affairs. With experience and local regulatory exposure, professionals may advance to executive roles such as Chief Risk Officer (CRO) at locally licensed banks or take on advisory positions with the Bank of Botswana or Botswana Accountancy Oversight Authority (BAOA).
What benefits are typically offered to full-time Non-Financial Risk Managers in Botswana’s banking industry?
Standard benefits include 25–30 days annual leave, comprehensive medical aid covering dependants (often through providers like Medshield or BONIC), and mandatory pension contributions under the Botswana National Pension Scheme (BNPS) plus supplementary retirement plans. Many banks also offer study leave support for relevant certifications, life insurance, and access to staff loan schemes regulated by the Bank of Botswana’s Fair Banking Code.
How should I apply for this role in Botswana, and what do employers specifically look for in candidates?
Applications are typically submitted via the employer’s careers portal or LinkedIn, with emphasis on clear evidence of risk frameworks applied in Botswana or SADC contexts — especially familiarity with Bank of Botswana directives and local legislation like the Anti-Money Laundering Act. Employers prioritise candidates who demonstrate practical experience in risk reporting, control testing, and stakeholder training, along with strong written English and Setswana communication skills for internal engagement across all levels.