Job Description

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
This role ensures that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Risk Management Framework and Internal ABSA Policies and Standards.



The Front Office Risk and Control Analyst will partner with the First Line business and other key stakeholders across the three lines of defence to design, develop, implement, and maintain an efficient and effective control environment
Performing duties of a First Line of Defense team which include: Evaluate the control Environment by understanding end to end processes; identifying inherent process risks; establishing Risk tolerance for process risks and identifying where controls are required Respond to the controls by ensuring they are appropriately designed, implemented and weaknesses are remediated Evaluate and evidence the extent to which internal controls are operating effectively; ensure that risk is being effectively managed and that there's compliance with laws and regulations including the Firm's policy and procedures Defining, maintaining, advising, and updating Policies and Standards as and where appropriate, Understanding the Operational Risk Framework, Policies and Standards and how to pivot these impacting elements across through our functional risk and execution business, Partner with business in completing the Risk and Control Self-Assessment (RCSA) in line with Enterprise Risk Management Framework (EMRF) and the Operational Risk Methodology, Raise issues and actions and remediate control gaps and weaknesses, Collation of Quarterly Reporting Packs for Conduct and Operational Risk, Data ownership - Ensuring the quality and accuracy of the data going downstream to other infrastructure areas, KRI controls - standardizing these across executions teams and reporting to senior management Business Resilience Update and Oversight to key scenarios with annual testing compliance Provide coordination and governance support for the Treasury risk and control related committees

Accountability: Risk and Control EnvironmentUnderstands and complies with all applicable governance, compliance and risk policies and procedures Fosters an atmosphere of compliance, ensures regulations are observed, and puts relevant processes in place for staff to escalate problems. Be responsible and available for Adhoc risk and control remediation across our SA & ARO business footprint Accountable for implementation of Group's risk control framework for area of responsibility. This includes but is not limited to oversight of the teams' responsibility across: Sound understanding of the systems and process flows, the risks associated with the root cause and remediation across our lines of defence Technical proficiency in risk management, governance, and control of environments Data analytics and reporting (Analytical) Thoroughness, rigor, and attention to detail regarding products, systems, processes, and controls Challenge existing processes and controls ensuring best practice our business Ability to deep dive with problem solving skills Innovative and curious to learn as business evolves Ability to influence adoption and embedment Adaptable to an elevated degree of Change Initiatives

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

Minimum requirementsThree to five years working experience in a Compliance or Risk Management environment Experience in business first line or SLoD or TLoD of defence. Must have recent financial services and analytical data management experience Preferably have strong financial markets knowledge and stakeholder relationship management experience

Education
Bachelor`s Degrees and Advanced Diplomas: Financial Sciences (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