Consultant Operational Risk at Absa

Job Summary

• To enable the effective implementation of risk frameworks.  This will be done by establishing and maintaining an integrated and effective risk management framework where risks are identified, quantified and managed on a consistent basis.

Job Description

• Operational Risk Management:  To identify, assess and manage all operational risks through the management and embedment of the following; MCA, Control Environment, CPA, Audit, Assurance, Conduct Risk, Product Risk, Resilience etc.
• Reporting: Monthly and Annual Operational Risk Reporting.
• Stakeholder Management: Management of Stakeholders in terms of Building Relationships with Channel Heads and Business Unit Partners, i.e. Legal, Compliance etc.
• Compliance Management: Management, embedment and maintenance of legislative and regulatory requirements, Policies and Standards, and monitoring of Compliance Training.

Education and Experience Required:

• NQF level 6; B degree in Commerce or Risk Management or equivalent
• 3 years experience in an Operational risk management or related field

Knowledge & Skills:

• Knowledge of the Risk environment and Risk management principles
• Keeping abreast of changes in industry regulations and develops own competency through continuing education

Competencies: (Maximum of 8 competencies)

• Deciding and initiating action
• Persuading and influencing
• Relating and networking
• Presenting and communicating information
• Analysing
• Planning and organising and being deadline driven
• Coping with pressure and setbacks
• Computer Knowledge

Education

• Bachelor`s Degrees and Advanced Diplomas: Risk Management (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised