Head of Management Assurance: Relationship Banking

2 months 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

Accountable for defining the Management Assurance (MA) plan for Absa Relationship Banking (RB) and manage the delivery of that plan. The incumbent will also partner with assurance providers to prepare a combined assurance plan for the business and report on progress against the plan. The Head of Management Assurance is also accountable for ensuring that assurance assignments are executed in compliance with the Management Assurance methodology.

Job Description
- Assurance: Deliver value adding assurance services to ensure adequate CPA coverage, and assurance on other emerging risks facing the business.
- Plan the delivery of assigned assurance reviews to a high quality including adequate resource scheduling, meeting key deliverables in terms of audit timelines and review of assurance work to confirm that the minimum requirements as per methodology are met.
- Ensure issues assurance validation supports the business units issue management process and closure validation of (MA) issues takes place within agreed timelines.
- Leadership and Management: Mentor and coach less experienced team members by providing guidance around the methodology and audit process and manage the teams that assigned to the assurance work effectively by delegating assurance work to empower each individual team member.
- Develop a high performing team by embedding formal performance development and informal coaching. Encourage frequent knowledge sharing between team members.
- Reporting of combined assurance plan progress and key outcomes and insights from assurance activity.
- Lead Quality Assurance on Critical Process Assessments.
- Thought leadership internally and externally on Assurance and related topics.
- Enhancement of digital capacity, platform buildouts, and replacement of legacy tools.

Stakeholder Management and Leadership:

- Build relationships with the business on key initiatives, attending key committees and sharing their view of the business’ control assessments
- Assign work and perform line management responsibilities, providing direction and guidance to direct reports while maintaining an in-depth knowledge of activities in each area.
- Guide, review and approve work carried out on audit assignments to ensure the scope of work is appropriate, controls are correctly identified, assessed, and carried out in accordance with MA Methodology and Group Assurance Methodology
- Embed the performance culture and role model Group values and behaviours
- Actively contribute to the wider talent development of the function through coaching, mentoring, providing constructive feedback Attract and retain talented individuals who can contribute to the MA Function.

Commercial:

- Build a deep understanding of the strategy of the Relationship Banking

Education

Postgraduate Degrees and Professional Qualifications: Financial Sciences (required), Postgraduate Degrees and Professional Qualifications: Statistics (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

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