Job Description

Bring your possibility to life! Define your career with us

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 Delivery of proactive end to end risk/controls assurance services for Absa Financial Services (AFS) Insurance Group, in line with the combined assurance agenda in the business and in line with the Absa Assurance standard. The role includes risk/issue prevention, risk/issue identification, risk/issue remediation & tracking and risk/issue escalation & reporting. Initial focus will be on document retention related assurance activities.



Accountability: Assurance Planning, Testing and Reporting

• Supports the Assurance Manager with planning of assurance activities for 1LOD.
• Assist the business 1LOD teams with coordination and pre-assurance preparation, issue validations and issue closure preparations
• Execution of assurance plans; covering design and operating effectivess of controls.
• Complete planned deep dives and other assurance activities, as requested by business or directed by line manager.
• Support business management in the identification and effective management of risks to which the business may be exposed, ensuring that an effective control environment exists
• Responsible for regular reporting on assurance activities, both periodic, but also for specific engagements.

Accountability: Behavioural Competencies

• Personal accountability.
• Independent in practice and in thought.
• Engaged with a visible level of presence.
• Appropriate level of curiosity.
• Confident to responsibly challenge, even if based on gut feel and not on data or facts.
• Crisp and clear communicator, verbally and in writing.
• Team player and effective collaborator.

Education and Experience (Required)

• B Degree in Commerce, Risk Management or other risk focused subject matter.
• Minimum 2 yrs. in Risk, Audit or Compliance experience.
• Insurance and Investments experience essential.
• Experience with Risk Framework elements especially Operational Risk management.
• Experience in dealing with multiple senior stakeholders.

Competencies

• Structured problem-solver
• Innovative way of solving problems
• Creative thinking
• Future thinking
• Open minded
• Resilient
• Adhering to principles and values
• Relating and networking
• Persuading and influencing
• Presenting and communicating
• Applying expertise and technology
• High levels of agility to adapt and respond to change

Knowledge and Skills

• Knowledge of Banking and Insurance Legislation
• Knowledge of the risk management principles for non-financial risks
• Good understanding of core retail banking and insurance product offering and processes

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

Absa