Compliance Officer Governance, Risk and Control (GRC) (Sandton) at Absa South Africa

Job Summary

• The Specialist Risk and Control role is to partner as a first line of defence to ensure the embedment of the compliance risk management governance, risk and controls, into CIB Compliance processes.

Job Description

• To co-ordinate, implement and execute on the assurance of the compliance owned controls to ensure that they are adequately designed and operating effectively.
• To perform all risk and control reporting (CPA, MCA, RCSA and KI)
• Develop and implement automated risk and control dashboard to support the monitoring and tracking of the compliance control environment.
• Oversee and monitor the  compliance control environment and management control approach  Monitor the  road to satisfactory  plans for operational and control remediation issues
• Be the point on entry with key business stakeholders on control management
• Actively drive a combined assurance plan for Compliance
• Provide training on the first line assurance testing methodologies, control systems etc.
• Design and roll-out comprehensive training programs based on new and updated regulatory requirements

Education and Experience Required

• Financial/Risk Management Degree
• In-depth knowledge of risk frameworks
• Minimum of 3-5 years detailed business risk officer knowledge and experience aligned to the Corporate Investment Bank (CIB) business, (i.e., Risk and Control Self Assessments (RCSA), Key Indicators, Risk Events, Assurance, Governance, Issues Management and Risk reporting). Demonstrate strong business acumen and general banking product and process knowledge would be a benefit.
• Knowledge and understanding of the current regulatory environment that CIB operates in.

Knowledge & Skills: 

• Networking skills.
• Analytical, numerical skills and a keen eye for detail.
• Planning and organisational skills.
• Ability to understand broader business issues.
• Communication and presentation skills.
• Ability to deal with senior colleagues

Competencies: 

• Strong written and verbal skills.
• Excellent work ethic and precise attention to detail.
• Ability to take initiative and to take ownership of projects.
• Ability to work independently with minimal supervision.
• Ability to communicate simply and effectively and work well in a team.
• Ability to share ideas, listen and take on board other’s ideas.
• Willingness and desire to learn and grow.
• Time management skills and the ability to multitask and perform well under pressure

Education

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