Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise the possibilities on our continent and beyond.
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To provide complex specialist advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist compliance expertise.
Job Description
Ensure that all published policies and standard irrespective of last review date, remain in place, effective and auditable.
Facilitate and ensure annual refresh of vendors (Associated Parties) is completed. Move from “periodic refresh” to “always fresh reviews.
Ensure that additional assurance (as and when required) to address any material gaps or to gain a higher level are performed to gain comfort over that provided by Assurance Providers.
Develop a training and awareness program for relevant stakeholders (business) including Group Functions.
Collaborate with stakeholders on cases relating to complex ABC risk matters from the first- or second-line defense teams.
Build strong partnerships and collaborate with Group functions and businesses.
Conduct anti bribery and corruption risk assessments across the system and respond to line of business inquiries regarding policy and regulatory compliance.
Drive continual enhancements of the firm-wide ABC Compliance Programme
Handle the disposition of ABC pre-clearance requests, including advising, reviewing and approving/rejecting business high-risk expenditures, third parties, hiring practices requests.
Deliver anti bribery and corruption training and more generally raising awareness across the bank.
Collaborate with the advisory teams and other control functions within the bank and management in all lines of business.
Monitor the changes in anti-bribery and anti-corruption laws and regulations
Support periodic risk-based reviews of ABC related internal controls across various processes and functions
Ensure that high risk due diligence reviews are completed within the prescribed review cycle in order to comply with the Bank’s policy and all applicable regulatory requirements.
Ensure enhanced due diligence investigations are completed; analyzing due diligence data and identifying possible risks; collaborating with business owners to discuss findings, risks, and possible mitigating measures.
Review contracts with the Third party to ensure contracts comply with the Anti-Bribery and Corruption compliance requirements.
Maintain constructive regular engagement with relevant stakeholders, including business, infrastructure and regulators.
Provide accurate and timely compliance and regulatory advice to the business as a second line of defense.
Manage new regulatory requirements by evaluating regulations (local and international) identified as relevant to the business and provide an impact analysis relevant to the business.
Address impacts, including policy amendments, business notifications and provision of training.
Keep Business appraised of notifications distributed by the regulator impacting the business.
Analyse Key Indicators to identify trends and emerging risks.
Drive innovative solutions for the issues and challenges in ABC Risk.
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Gmail
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