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Senior Specialist: Strategy Governance and Reporting

2 weeks ago

Johannesburg, 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 complex advice and support in facilitating long term strategy development for the business, prepare pertinent reporting information for all stakeholders of the business for informed decision making, and to formulate associated practices to ensure operational implementation and adoption in terms of governance management methodology and delivery objectives.

Job Description

Accountability: Strategy Development
- Conduct market research and analysis to identify trends, opportunities, and risks that impact business performance.
- Extract key intelligence to present to the Management on a monthly basis to support their strategy definition and tactical change decision making.
- Facilitate and develop targeted segment specific strategies
- Investigate and embark on a continuous market scanning to identify and stay abreast of market trends and activities to inform opportunities for new or enhanced products and services.
- Engage with key internal and external stakeholders to gather insights, align expectations, and drive strategic initiatives
- Prepare and present reports, dashboards, and analyses to inform leadership decision-making
- Identify and propose innovative solutions to address business challenges and leverage emerging opportunities
- Analyze potential risks associated with strategic initiatives and develop mitigation strategies

Accountability: Governance
- Establish appropriate governance structures to facilitate decision making, strategic risk management and performance tracking.
- Assist with developing a strategy for the Governance management to achieve the strategic objectives set by the business leadership aligned to the overall business strategy
- Ensure business units undertake strategic planning that is mindful of Risk through regular engagement with the business units.
- Maintain and develop awareness of risk management issues and changes
- Ensure that all team activities are in adherence to relevant control and compliance requirements, and quality standards
- Oversee the development of key risk scenarios, and review project risk logs to identify high impact, high probability items and ensure that adequate risk mitigation and risk acceptance takes place.
- Carry out health checks and advising on solutions during the lifetime of the programme and individual projects.

Accountability: Reporting
- Design and maintain standard reporting templates against relevant business requirements.
- Collate required information from relevant sources to ensure that reporting timelines are adhered to.
- Track key strategic initiatives, red flags and problematic themes for executive attention.
- Ensure adequate reporting mechanisms are in place to track the realisation of benefits defined in Business Cases and escalate issues to the Business Sponsors.
- Drive delivery performance through quality metrics and clear communications
- Ensure timely and adequate reporting to the Executive committee and the Board, as required.
- Generate ad hoc reports/dashboards/executive summaries reflecting the overall portfolio health (progress, stage, status, finances, etc.) of strategic initiatives, as required.
- Establish the framework for portfolio, programme and project reporting according to the frequencies determined by the key stakeholders. Manage the preparation of various consolidated executive summaries/dashboards/reports for the business strategic initiative portfolio, as required by various Business Unit, Absa and Group Executive Committee requirements.
- Monitor and report on the smooth transition of the programme to business as usual with a focus on continued delivery after closure, and sustainable business adoption.

Accountability: Stakeholder Management
- As required, actively promote the collaborative engagement of internal and external stakeholders of suppliers, projects
- Build strong relationships with both internal and external stakeholders
- Ensure impeccable and timeous service levels.

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_