Risk Analyst: Ibd

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

Risk professional to be appointed as a Risk Analyst for IBD Pan Africa. Suited to a degreed individual with 5 years operational and or risk experience in an Investment Banking environment. Deep understanding of IB products coupled with strong control assurance experience within a Pan African financial services environment. Must have the ability to navigate efficiently in a matrix organisational structure with multiple stakeholders.

Job Description
- Risk Identification: Guide IBD front office and support functions in identifying current and emerging material inherent operational risk exposures.
- Analyze, review and load risk events, assist business in ensuring remediation strategies will mitigate the risks
- Capture assurance results in assurance systems including ORMS
- Control Assessment: Perform design and operational effectiveness assessments through assurance and assist in meeting the annual assurance plan targets
- Evaluation: Facilitate the rigorous assessment of the effectiveness of process checks and system controls in place to mitigate the material inherent risks identified.
- 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.
- 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.
- 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 reserves the right not to make an appointment to the post as advertised_



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