Senior Manager Risk and Governance

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

The Senior Risk Governance and Reporting Manager will be responsible for driving and managing an effective risk advisory and management service to Transactional and Deposits (TnD). Through partnership with business, channels, Enterprise SME and group in proving a Risk and Control view, informed by adequate implementation, management, monitory and reporting of tactical and/or strategic plans to remediate known and emerging risks. This role supports speed of decision making through deriving meaning from synthesised data in proactively managing risk.

Job Description

Risk Management: Providing Subject Matter Expertise to Risk types | Stakeholder Management: Build and Maintain effective Relationships with relevant stakeholders | Risk Reporting: Identify, assess and Report key risks arising from significant events, investigations, audit and control issues | People Management: Develop a high performing Team | Risk and Control: Adherence to Policies, Procedures and Regulations

Assist management in identifying key risks inherent in business processes and new business ventures and support the risk team in ensuring potential areas of optimization are identified and solutioned for.

Promote appropriate risk culture that ensures front-line management including the assurance team and risk owners participate actively in the measurement, control and mitigation of risks.

Keep abreast of developments in risk and collaborate with risk managers across the business in ensuring that all risk management activities support effective execution and delivery of the TnD strategy.

Own and drive the enterprise Risk.

Partner with Enterprise Stakeholders for Credit, Fraud, Technology, Cyber and Information Security, Data, Process Management, Suppliers, Credit, Model, Payments, People, Resilience, Tax, Financial Reporting and Legal Risk, through a check and challenge of assessment outcomes, ratings and findings, to facilitate effective risk management.

Drive embedment, implementation and effective management of the Conduct and Reputational Risk Framework.

Influence, inform, holding stakeholders accountable for effective management of risk types.

Ensure that TnD risk profile is aligned and informed by principles of the Enterprise Risk Management Framework.

Ensure that TnD has a documented Road to satisfactory plan that is tracked and discussed in all relevant forums.

Drive delivery against TnD road to satisfactory and ensure that action plans are fit for purpose, completion dates are adhered to and aligned to business strategy.

Reporting

Facilitate effective business reviews, reflection and challenge through quality, timeliness and insight informed reporting.
Ensure deliverables and reports are accurate, meet quality standards and are completed within the set timelines.
Ensure accuracy, completeness and validity of all data inputs and reporting.
Ensure clear articulation of significant issues driving the control environment and execution in line with Business Strategy. 
Ensure accurate delivery of internal reporting and presentations for key risk committees within TnD and Personal and Private Banking (PPB).
Ensure that TnD risk profile is adequately reported on for the Operational Risk Committees, TnD and PPB Executive Risk Committees (ERC) and quarterly Conduct and Reputational Risk submissions.
Facilitate and co-ordinate completion of ERC pack for TnD and PPB and ensure that an ERC Agenda is formulated and distributed timely for the committee.
Ensure that conduct and reputational risk reporting is adequate and that all remediation activities are tracked and monitored.
Represent TnD Risk by coordinating standardised submissions between the different stakeholders, verifying the accuracy of data, integrating the information into a presentable reports and ensuring escalations were necessary.
Facilitated and manage monthly reporting of TnD Pan Africa Issues and Risk events inclusive of trends and noted risk patterns.

Governance

Ensure efficiency of all defined governance forums, through setting and effective communication of Agenda, Minutes, matters arising and timely distribution of documents for discussion.
Ensure that defined governance forums are operational and efficient.

Ensure that the control environment is reported, managed within acceptable parameters and that governance processes operate as intended.
Engage in governance forums to provide a robust review and challenge of the TnD control environment inclusive of Enterprise Risks.
Ensure annual review and update of Terms of References for internal governance forums.
Drive Strategic messaging that enables strategic conversations around Risk and Control, and contributes to the achievement of the TnD road to satisfactory commitments.
Implement, track, assess and monitor Risk Policy implementation along with defining a Road to Satisfactory where necessary.
Ensure that logging, management and reporting of Risk events adheres to the Risk Event Standard.

Assurance (10%)

Support First Line of defence (1LOD) testing team in ensuring that the TXB assurance activities are documented, reported on and add value to the business.
Support drivers and initiatives that add to an efficient and effective Combined Assurance Model.
Review, check and challenge and sign off the Combined Assurance plans and ensure that they are aligned to assurance activities required to validate the Business Risk Profile and contribute to the elevation of effective Risk Management.
Support and act as advisory to the TXB Combined Assurance forum and ensure that there is constituent messaging relating to Assurance.

Stakeholder Management (10%)

Build and maintain effective working relationship with key stakeholders across the enterprise.
Partner with Enterprise Risk Stakeholders through a check and challenge of assessment outcomes, ratings and findings, to facilitate effective risk management.
Build trusting relationship with internal clients - Business Heads; Infrastructure Heads; PPB Center, Compliance and Internal Audit to facilitate pro-active and engaging risk management. 
Provide strong leadership, direction and display behaviours, inspiring others to work together to achieve defined objectives.
Be the thought leader and go to person for governance and risk within TnD.
Contribute to PPB initiatives inclusive of activities that drive and inform a cohesive and collaborative culture.
 

Education and experience required

•    Commerce or Risk Management Qualification ( B Degree)

•    5 – 10 years (Technical) Risk Management experience

• Years Assurance (1LOD, 2LOD or 3LOD) experience

• Years Reporting experience 

Knowledge and skills: (Maximum of 6) 

•    The position requires strong quantitative skills and the understanding of the Enterprise Risk Management Framework is required

•    Written and verbal communication and presentation skills 

•    Risk and Fraud Management

•    Financial Acumen

•    Interpersonal and communicating skills

•    Management and Leadership Skills

•    Relationship Building and Networking skills

Competencies: (Maximum of 8 competencies)

•    Deciding and initiating action

•    Learning and researching 

•    Entrepreneurial and commercial thinking

•    Relating and networking 

•    Adapting and responding to change

•    Persuading and influencing 

•    Creating and innovating

•    Ability to work  independently and manage stakeholders to achieve deliverables is required

Education

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

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

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