Product Control

3 weeks ago

Sandton, South Africa Absa Bank Limited Full time

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

To provide advice & support in the development and implementation of governance planning and associated service delivery processes, methods and techniques.

**Job Description**:
- Job Description:
- AVP (Assistant Vice President) role in the CIB (Corporate and Investment Bank) and Treasury Product Control 1st line of defense (1LOD) Governance team.
- At a high level, the role’s mandate entails risk management in full compliance with regulatory requirements, enterprise risk management framework and Internal ABSA Policies and Standards.
- The team is also tasked with a business advisory role where they guide senior leadership and the extended leadership team on risk and control matters.
- The role also encompasses performing assurance activities as a 1st line of defense colleague, to enable and ensure the establishment and maintenance of a robust control environment.
- A key aspect of this role is that it falls within the Finance Management team ambit, specifically in Product Control.
- The incumbent role will also be tasked with being the Go-To lead for the team for the areas they are allocated to execute Product Control 1LOD mandate.- Critical to your responsibilities:
- Control Design and Testing
- Member of Assurance forums
- Audit Interaction
- Risk Management Coordination
- Strategic Business Activities
- CIBT Training- Preferred Education, Qualifications, and Skills:
- Educational Background:

- Bachelor's degree or equivalent qualification in a financial or related discipline with 5 years of relevant experience.
- Chartered Accountant (CA(SA)) qualification is preferred.
- Professional Experience:

- Experience in investment banking or Product Control.
- Product specific knowledge.
- Skills:

- Proven experience in creating and maintaining an effective control environment

Education

Bachelor's Degrees and Advanced Diplomas: Financial Sciences (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

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