Senior Business Risk Specialist

5 days ago


Pretoria, Gauteng, South Africa Source Point Staffing Full time

Empowering Africa's tomorrow, together…one story at a time.

A career with our family offers the opportunity to be part of this exciting growth journey. As a Senior Relationship Banker, you will be part of a local bank with regional and international expertise.

Job Summary

We are seeking a degreed individual with 5 years operational and/or risk experience in an Investment Banking environment. You should have a deep understanding of IB products coupled with strong control assurance experience within a Pan African financial services environment.

Job Description
  1. Risk Identification: Guide IBD front office and support functions in identifying current and emerging material inherent operational risk exposures.
  2. Analyze: Review and load risk events, assist business in ensuring remediation strategies will mitigate the risks.
  3. Capture assurance results: In assurance systems including ORMS.
  4. Control Assessment: Perform design and operational effectiveness assessments through assurance and assist in meeting the annual assurance plan targets.
  5. Evaluation: Facilitate the rigorous assessment of the effectiveness of process checks and system controls in place to mitigate the material inherent risks identified.
  6. Control Environment Remediation: Advise on the effectiveness of existing controls as well as the design and implementation of new controls required to sufficiently mitigate material gaps.
  7. Risk Profile Monitoring: Lead in the monitoring and compilation of the IBD Risk Profile by partnering with risk teams from other control areas that impact IBD as well as with 2nd-line Operational Risk.
  8. Reporting: Consolidate reports to highlight issues, trends, remediation, testing outcomes and feed into the various CIB governance committees.
Education

Bachelor's Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer.



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