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
Ensure that all activities and duties are carried out in full compliance with
regulatory requirements, Enterprise-Wide Risk Management Framework
and internal Absa Financial Services Policies and Policy Standards
Understand and manage risks and risk events (incidents) relevant to the
role.
Job Description
Accountability: Risk Management/Governance Support
- Evaluate, monitor, challenge and advise on the adequacy of internal controls by conducting scheduled reviews based on risk frameworks, policies and standards.
- Assist SM with framework and policy embedment (policies, framework, standards, including training)
- Monitor progress on remediation activities, escalate concerns.
- Monitor adherence to policies and report any identified risks, irregularities, shortcomings or other risk and/or control issues to the Senior Manager (SM).
- Identify, analyse, evaluate, measure and monitor key risk areas to ensure corrective action occurs for all identified risks. This entails performing risk reviews on key operational processes and procedures to identify weaknesses and recommend solutions by escalating these to the SM.
- Review the current risk and compliance processes and procedures, guide and advise on areas for improvement.
- Act as a backup representative, as directed by the SM, on selected forums. This includes communicating outcomes and actions following the meetings with the appropriate written feedback regarding expectations which is provided promptly.
- Assist the SM in the rollout of training as required in business.
- Monitor Risk Events, ensure lessons learnt are documented where appropriate, and ensure actions are tracked with business.
- Monitor the update of the Risk Management Information System with all required information.
- Ensure information is of a sufficient quality and integrity.
- Provide general administrative support to the SM as and when required.
- Provide on the ground support when new ventures are set up or there are acquisitions.
- Provide support and assistance to the business stakeholders when the SM is not available.
- Assist SM with framework and policy embedment (policies, framework, standards, including training)
- Co-ordination of risk reporting requirements as directed by the SM.
- Assist the SM with the AFS Risk Operations, i.e. budgets, monthly expense checking, events calendar management, team communications.
- Assist the SM with oversight for the Regulatory, Board and Management reporting activities
- Assist SM with identifying reporting requirements across the Risk Management Universe for AFS Group.
- Promote risk and control awareness and work with stakeholders to develop and embed the understanding of the importance of risk and mitigation plans.
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
