Consultant Anti-Bribery & AntiCorruption at Absa Group Limited (Absa)

Job Summary

• 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)