Specialist: Risk, Operations and Governance

Absa Group
Sandton
ZAR 200 000 - 300 000
Job description

Specialist: Risk, Operations and Governance

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Remote type: Hybrid

Locations: Sandton

Time type: Full time

Posted on: Posted 2 Days Ago

Time left to apply: End Date: January 30, 2025 (14 days left to apply)

Job requisition id: R-15970792

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

To support the Operations Risk and Governance Senior Manager in efforts to ensure compliance with AFS policy requirements as well as assisting with the compilation and submissions of the risk management reporting across multiple entities.

Job Description

Accountability: Risk Management/Governance Support

  1. Evaluate, monitor, challenge and advise on the adequacy of internal controls by conducting scheduled reviews based on risk frameworks, policies and standards.
  2. Assist SM with framework and policy embedment (policies, framework, standards, including training).
  3. Monitor progress on remediation activities, escalate concerns.
  4. Monitor adherence to policies and report any identified risks, irregularities, shortcomings or other risk and/or control issues to the Senior Manager (SM).
  5. Identify, analyse, evaluate, measure and monitor key risk areas to ensure corrective action occurs for all identified risks.
  6. Review the current risk and compliance processes and procedures, guide and advise on areas for improvement.
  7. Act as a backup representative, as directed by the SM, on selected forums.
  8. Assist the SM in the rollout of training as required in business.
  9. Monitor Risk Events, ensure lessons learnt are documented where appropriate, and ensure actions are tracked with business.
  10. Monitor the update of the Risk Management Information System with all required information.
  11. Provide general administrative support to the SM as and when required.
  12. Provide on the ground support when new ventures are set up or there are acquisitions.
  13. Provide support and assistance to the business stakeholders when the SM is not available.

Accountability: Reports and Business Management Information

  1. Co-ordination of risk reporting requirements as directed by the SM.
  2. Assist the SM with the AFS Risk Operations, i.e. budgets, monthly expense checking, events calendar management, team communications.
  3. Assist the SM with oversight for the Regulatory, Board and Management reporting activities.
  4. Assist SM with identifying reporting requirements across the Risk Management Universe for AFS Group.

Accountability: Consultation

Promote risk and control awareness and work with stakeholders to develop and embed the understanding of the importance of risk and mitigation plans.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised.

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