ARO Compliance Monitoring & Testing (M&T) Officer (Sandton) at Absa Group Limited (Absa)

Job Summary

• Execute M&T review activities and issue validation to the highest quality in terms of the Group Compliance M&T methodology with minimum supervision from the line manager. Co-ordinate and report on the key focus areas across all ARO M&T team deliverables.

Job Description

The ARO Compliance Monitoring & Testing (M&T) team is looking for a team player with the following attributes:

• A strong governance mindset
• Great attention to detail with quality, timeous delivery
• Ability to analyse and interpret data
• Passionate about adding value to business and improving processes
• Ability to deal with stakeholders across different jurisdictions
• Key Responsibilities
• Governance, Monitoring and Reporting 
• Co-ordinate, consolidate and report on the key focus areas of the ARO M&T scorecard deliverables, notably:
• Delivery to the committed assurance plans.
• Tracking and monitoring of M&T assurance findings.
• Monitor compliance to the Group Compliance Assurance methodology
• Produce, analyse and interpret detailed reports explaining trends, discrepancies, and inconsistencies.  Use these to identify and recommend improvements and provide advice to ensure that solutions are appropriate and effective.
• Attend relevant forums, committees and structures related to area of specialisation as may be directed by line manager or business requirements or stakeholder expectations.
• In combination with each in-country M&T team providing input into the planning cycle by considering the risk and control profile, business strategy, regulatory changes and material conduct and reputation risks affecting the business.
• Operational Efficiencies 
• Delivery of appropriate initiatives, training, applications, systems, and tools to enable knowledge, skills, robust application, and reporting. Particularly in respect of risk management tools, applications, and systems assurance methodologies; RICM; issues management etc. Provided guidelines and support to ensure consistency.
• Identify opportunities for using Data Analytics and enhanced automated monitoring and testing techniques.
• Implement the use of HighBond frameworks to create efficiencies and reduce the time taken.
• Keeping up to date with industry trends, regulatory changes and professional standard.
• Assurance Reviews and Issue Validations
• Conduct all assurance reviews and issue validations allocated to the highest quality and in line with the requirements of the Compliance Assurance Methodology.
• Actively participate in all the assurance phases - planning and scoping (identification of risks and controls), fieldwork (execution of design and operating effectiveness assessments) and reporting (ensure that any observations/issues and planned actions are agreed with management for factual accuracy).
• Display professional skepticism and apply a residual risk lens to potential issues with management and in final reporting
• Stakeholder Relationship Management and Teamwork
• Build and maintain strong stakeholder engagements across ARO and within the centre teams.
• Ensure proactive engagement to enable quality submissions of required deliverables.
• Contribute to ensuring commercially sound Compliance guidance and support in respect of regulatory requirements in a professional and helpful manner.
• Provide guidance to peers by sharing best practice methodology.
• Contribute towards positive employee engagement and culture through active collaboration, identifying improvements and efficiencies across the wider team.

Education

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