Specialist Risk

Empowering Africas 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 imbed effective Operational Risk Management (ORM) practices within the Business Unit (BU) and to effectively implement Absa Group ORM policies and framework. Contribute to establishing and maintaining an integrated and effective risk management framework where risks are identified, quantified and managed on a consistent basis via the specialised risk management execution framework. Provide technical ORM expertise and advice to Leadership and all stakeholders in the BU. Job Description Key deliverables will be to:

• Coordinate key activities to sustain as Satisfactory Control Environment. This involves coordinating activities of Principal Risk and related Sub Risks subject matter experts to keep the risk profile within acceptable thresholds.
• Managing the critical process refresh exercise, driving issues management and risk event management.
• Conducting Root Cause Analysis and Lessons learnt for material risk events/issues and monitor business remediation.
• Risk Reporting: Identify, assess and Report key risks arising from significant events, investigations, audit and control issues
• Running appropriate risk governance forum and report appropriately on risk outcomes as may be necessary.
• Building and maintaining effective relationships with key stakeholders, which includes the first line of defense (1LOD) colleagues in business, Principal and Sub risk SMEs, second line of risk partners in the Risk and Compliance functions and internal audit and other assurance providers.
• Developing and monitoring KRIs to ensure monitoring of the key risks facing the business where these need to be supplemented.
• Drive adherence to applicable Policies, Procedures and Regulations.
• Drive any risk deliverables that may be required to demonstrate that the business is embedding ORRMF, Conduct Risk and Fin Crime Risks and any elements from the Enterprise Risk Management Framework that impact this function.
• Promote risk and control awareness and work with stakeholders to develop and embed the understanding of the importance of risk and mitigation plan

Education:

• Bachelor`s Degrees and Advanced Diplomas: Internal Audit, Risk Management (Required)

Experience:

• 3-5 years experience in an Operational Risk Environment.

Knowledge and Skills:

• Analytic, report writing, risk & control assessment, stakeholder management, assurance

Technical Competencies:

• Keen eye for detail
• Deciding and initiating action
• Learning and researching
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Be able to prioritize and work under pressure
• Apply analytical and critical thinking
• Assertiveness

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

Information :

• Company : Absa Bank Limited
• Position : Specialist Risk
• Location : Sandton, Gauteng
• Country : ZA