Specialist Risk

2 days 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 imbed effective Operational Risk Management (ORM) practices within the Business Unit (BU) and to effectively implement Absa Group ORM policies and framework. Contribute to establishing and maintaining an integrated and effective risk management framework where risks are identified, quantified and managed on a consistent basis via the specialised risk management execution framework. Provide technical ORM expertise and advice to Leadership and all stakeholders in the BU.

Job Description

Key deliverables will be to:

- Managing the critical process refresh exercise, driving issues management and risk event management.
- Conducting Root Cause Analysis and Lessons learnt for material risk events/issues and monitor business remediation.
- Risk Reporting: Identify, assess and Report key risks arising from significant events, investigations, audit and control issues
- Running appropriate risk governance forum and report appropriately on risk outcomes as may be necessary.
- Building and maintaining effective relationships with key stakeholders, which includes the first line of defense (1LOD) colleagues in business, Principal and Sub risk SME's, second line of risk partners in the Risk and Compliance functions and internal audit and other assurance providers.
- Developing and monitoring KRI's to ensure monitoring of the key risks facing the business where these need to be supplemented.
- Drive adherence to applicable Policies, Procedures and Regulations.
- Drive any risk deliverables that may be required to demonstrate that the business is embedding ORRMF, Conduct Risk and Fin Crime Risks and any elements from the Enterprise Risk Management Framework that impact this function.
- Promote risk and control awareness and work with stakeholders to develop and embed the understanding of the importance of risk and mitigation plan

**Education**:

- Bachelor's Degrees and Advanced Diplomas: Internal Audit, Risk Management (required)

**Experience**:

- 3-5 years’ experience in an Operational Risk Environment.

Knowledge and Skills:

- Analytic, report writing, risk & control assessment, stakeholder management, assurance

Technical Competencies:

- Keen eye for detail
- Deciding and initiating action
- Learning and researching
- Entrepreneurial and commercial thinking
- Relating and networking
- Adapting and responding to change
- Persuading and influencing
- Be able to prioritize and work under pressure
- Assertiveness

Education

Bachelor's Degrees and Advanced Diplomas: Business, Commerce and Management Studies (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_

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