Shabnam Fairgrieve

Experience

• 

  Nedbank

  Jun 2002 - Nov 2006

  Internal Auditor

  Responsible for internal audit duties at branches within the Nedbank Group• Responsible for writing and editing audit reports• Hold meetings and close communications with branch managers, regional managers and general managers • Carried out ad-hoc audit within the personal banking division• Responsible for reviewing business processes and procedures and suggesting recommendations for control deficiencies identified • Assisted new staff members in the team and external auditors• Attended various internal and external training courses• Top achiever award 2005 - Group Internal Audit and Group Risk Show less

• 

  Standard Bank Group

  Nov 2006 - now

  Portfolio management and internal audit responsibilities within the Operational Risk Audit and Wealth Audit teams. • Management responsibilities included - Managing teams. Meetings with clients/executives. Risk assessments to determine high risk areas that need to be audited. Setting up process documents, risk and control analysis documents based on the process documents, audit programs, execution of audits, review of audit database, report writing and reporting to auditee management and follow-up. Building and maintaining relationships with clients and portfolio management responsibilities. Portfolio meetings with clients. Attending client’s management and operations meetings. Involved in the audit planning and execution process• Involved in the Solvency Assessment and Management (SAM) Project implemented by the FSB for Insurance Companies, at Standard Insurance Limited• Review policies and procedures for business implementation. Integrated audits. Assisting to guide and train TOPP and GIA Trainee students who rotate through the Audit division• Seconded to perform audits in London, Jersey and Mauritius over a significant period between 2009 and 2013 • Attended various internal and external training courses• TrueBlue award nominations – 2008, 2009 and 2010 for going the extra mile Show less

  • Senior Manager, NFR Combined Assurance and Regulatory Interaction

    Jun 2014 - now

  • Head

    Nov 2006 - Nov 2021

  • Internal Audit Manager

    Nov 2006 - Jun 2014
• 

  Standard Bank

  Jul 2014 - Nov 2021

  Operational Risk Integration, Head Monitoring and Assurance

  Development of Monitoring and Assurance strategy and framework for operational riskExecution of strategy to ensure reviews of the embeddedness of the Operational Risk Framework and Policies Actively involved in developing and driving a combined assurance model with Group Internal Audit and Group Compliance. Development of the Combined Assurance strategy and review plan Providing assurance on risk maturity by identifying integration areasReporting on the results to Executive Management and governance committeesMember of the Operational Risk Operating Committee and invitee to the Group Operational Risk CommitteeInput into policies and standards to ensure updated accordingly and fit for purpose Internal and external stakeholder engagements including the South African Reserve Bank (SARB) liaison as well as the liaison with Group Internal AuditOther activities, achievements and opportunities: • Oversight of the Internal Reporting function which included ensuring that reports to governance committees were accurate, valid and timeously delivered• Acting Head of the Insurance Fraud Detection Team. Put processes and procedures in place to ensure effectiveness and efficiency. Providing the team with more structured leadership and guidance and being coach and mentor. Assisted the Insurance business with fraud risk management as well as identifying gaps in their business processes. • Completed the Foundation Leadership, Senior Leadership, Management Essentials, Business Leadership courses. Also completed the Strategic Leadership Program which was run through Henley Business School • Successful in the first round of internal interviews for Standard Bank on the International Executive Development Program. Awaiting external BankSeta interview. • Nominated for Mark of Excellence in 2015, 2016 and 2017. Was a winner in 2017 and won a trip to Malta. • Mentored the Risk RockStars winning team in 2018. Nominated to host the winning teams weekend away to Cape Town. Show less