Phindi Mabaso
Risk Manager
Sandton
Summary
I worked at Nedbank CIB as an Operational Risk Manager for Markets. My exposure covers the Equity Market, Fixed Income Market and Treasury for 13 years. My experience extends to the Operations where deals are confirmed and settled.
Before joining Nedbank I was working as an internal Auditor at Eskom for 8 years.
I have an Advanced Diploma in Accounting Sciences from Unisa. I am currently studying CFA level 1 – December 2022 exam.
Overview
22
22
years of professional experience
5
5
years of post-secondary education
Work History
Operational Risk Manager
Nedbank
Sandton
08.2009 - 04.2022
- Facilitated the compilation of Risk and Control Self Assessments for business
- Developed and monitored Key Risk Indicators
- Monitored the implementation of open issues, audit findings from Group Internal Audit, External Auditors and SARB by business.
- Investigated operational risk incidences and performed root cause analysis.
- Documented the investigation results on SAS (Operational Risk system).
- Reported investigation results to the relevant committees according to set requirements.
- Compiled the risk pack for the EnterpriseWide Risk Committee for discussion. Classification of incidents, issues, control breakdowns, near misses and their root causes and perform root cause analysis.
- Conducted meetings and generated reporting to support risk monitoring and management.
- Ensured adherence to the operational risk framework and customize methodologies and processes to my respective businesses.
- Delivered presentations and training courses to promote best practices for techniques and processes.
Internal Auditor
Eskom
Sandton
01.2000 - 04.2009
- Documented business processes on Visio.
- Performed walkthrough tests for compliance to documented processes and documented the results.
- Attended the opening meeting with management to agree the scope of the audit.
- Executed audit assignments and documented the results on working papers (teammate was the audit system).
- Reviewed audit working papers.
- Produced and reviewed audit reports for submission to business and advised on audit recommendations and internal controls.
- Explained risk and compliance concepts to managers and executives.
- Evaluated company's policies to determine how well standards adhered to best practices.
- Trained newly hired employees on company processes, procedures and deadlines.
- Recommended new methods to improve internal controls and operating efficiency.
- Guided businesses in developing remediation plans based on audit findings and recommendations.
- Identified and reported audit issues.
- Compiling audit report for discussion with management.
- Prepared and distributed risk and audit reports to appropriate personnel.
Education
Bachelor of Arts - Accounting Sciences
Unisa
Pretoria 01.2013 - 12.2017
Skills
Root Cause Analysis
Timeline
Bachelor of Arts - Accounting Sciences
Unisa
01.2013 - 12.2017
Operational Risk Manager
Nedbank
08.2009 - 04.2022
Internal Auditor
Eskom
01.2000 - 04.2009
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