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 To provide specialist advice and support in area of specialisation enabling the effective implementation of risk frameworks.



Support the Operational Risk Policy and Framework team in all areas, with a focus on:

Accountability: Analyse implemented Risk Management Framework

effectiveness (20%)

• Conduct on-going review of the performance against all Risk Management delivery
• Support the development of an integrated framework analysis methodology which enables on-going evaluation of the xe2x80x9cfit-for-purposexe2x80x9d performance of the Framework on a conceptual and technical basis
• Support the Risk Manager: Oversight with the on-going analysis of component performance (Risk and Control Self-Assessment, Internal Risk Events, External Risk Events, Key Indicators, Key Risk Scenarios and Lessons Learnt)
• Perform on-going data quality checks and validations on all components of the Operational Risk Management Framework, including performing validation checks against independent risk, finance and business data sources

Accountability: Support the development of the Risk Management

Framework and Procedures (20%)

• As directed by the l Risk Manager: Policy and Framework

• Design the Operational Risk Management Framework
• Design risk management and measurement methodologies
• Methods include: Risk and Control Self-Assessment, Internal Risk Events, External Risk Events, Key Indicators, Key Risk Scenarios and Lessons Learnt.
• Develop standard and procedures Risk Management components

Accountability: Support the Risk Manager: Policy & Framework (20%)

• In providing support on automation of the ERMF in the approved operational risk management system as well as in resolving issues
• In providing support with development of Framework training materials
• In driving the implementation and use of the ERMF and supporting policies in the business
• Support the effective implementation of policy control objectives through management tools, methodologies, and reporting frameworks

Accountability: Governance & Delivery Assurance (20%)

• Participate in continual assessment and partnership with key stakeholders (i.e. SteerCo, Working Group) in Finance Management
• Assist with the roll-out of the defined minimum standards across sub-functions
• Perform assurance review and advise on results, ensure these are tracked and monitored with appropriate remediation.
• Facilitate gated reviews to ensure that projectsxe2x80x99 and programmesxe2x80x99 performance conforms to change risk governance and guidelines relating to all facets of the project e.g.management of risks, issues, quality, communication, resources and interdependencies and the development of programme plans.
• Provide direction on delivery assurance principles, expectations and requirements within the Change community.
• Provide end-to-end governance and monitoring to ensure compliance with Policy Governance requirements.
• Manage the Combined Assurance coverage plans for all Change and Operations testing plans.
• Provide Assurance reporting into Governance forums.

Accountability: Performance & Reporting (20%)

• Implement a robust methodology to identify and manage control effectiveness in the sub-functional areas.
• Establish controls and reporting to ensure consistency and delivery in line with broader firm strategic objectives.
• Generate reports and dashboards, as required, monthly, quarterly and adhoc providing key metrics and decision enabling information on business units.
• Tracking and reporting of all issue management risk related items to closure within agreed timelines.

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