CIB: Monitoring & Testing Officer-2 - Sandton at Absa South Africa

Key Responsibilities

Annual Review Planning

• Participate in the planning cycle, provide input by considering the risk and control profile, business strategy, regulatory changes and material conduct and reputation risks affecting the business.

Assurance Reviews and Issue Validations

• Develop an in-depth knowledge of CIB and the various business areas and use this knowledge to execute on assurance responsibilities.
• 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).
• Conduct all assurance reviews and issue validations to the highest quality and in line with the requirements of the Compliance Assurance Methodology.
• Identify opportunities for using Data Analytics and enhanced automated monitoring and testing techniques.

Teamwork & Culture

• Engage proactively with Compliance colleagues during assignments and request technical assistance where required
• 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
• Be assertive- engage and challenge business on issues identified

Stakeholder Relationship Management

• Continued pro-active stakeholder engagement and involvement across the business
• Represent CIB M&T at Business Unit Governance Committees
• Contribute to ensuring commercially sound Compliance guidance and support in respect of regulatory requirements in a professional and helpful manner

Knowledge Management

• Display professional skepticism and apply a residual risk lens to potential issues with management and in final reporting
• Continuous upskilling on both technical and other core competencies
• Keeping up to date with industry trends, regulatory changes and pro

Education

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