Credit Models Governance Support Manager at Absa Group Limited (Absa)

Job Summary

• To plan, manage and monitor the implementation of risk activities and processes in order to deliver on approved operational plans in an effective and efficient manner.

Job Description

The role is to support the CIB Credit Models governance processes and controls throughout the model life cycle. Below highlights some of the tasks related to the role. These include, but not limited to:

Accountability: Model Governance and Control

• Performing MRM tasks as required for the role in MRM throughout the model lifecycle
• Creation of exceptions reports reflecting cases where controls were not executed as per policy requirements.
• Facilitate annual model inventory attestations with stakeholders.
• Facilitate the reporting of weekly standups, steering committees and other governance forums and committees.
• Participating in conformance reviews against the Group Model Risk Policy and related model standards.
• Project managing PA queries with stakeholders and providing frequent updates.
• Supporting the Model Approval Forum and Model Monitoring Forums.
• Review of Dispensations, Waivers and Breaches (DWBs) submitted against the GMRP and assist model owners managing DWBs.
• Providing input during internal and external audits or conformance reviews performed.
• Facilitate the timeous resolution and closure of audit issues and IVU findings.
• Drive process improvements for BAU related processes.
• Assisting with the upkeep and management of Model Governance related channels on MS Teams, SharePoint and other platforms.
• Managing ad hoc reporting for stakeholders and as the need arises.
• Assisting CIB model owner and findings owners with MRM and MRM processes.

Accountability: Stakeholder Engagement

• Maintain a professional relationship with all stakeholders. These include, but are not limited to, model owners, model developers, model validation, model monitoring, model implementation, model approvers and audit (internal and external).
• Training of new MRM users within CIB Credit (by means of 1-on-1 sessions and/or How-To documents).
• Timeous raising of MRM incidents for issue related to MRM.
• Effective communication with all relevant stakeholders on governance and control related issues.
• Escalate potential issues and risk timeously to relevant stakeholders.
• Assisting the Credit Governance team with model related reporting.

Accountability: Personal and role development

• Develop own technical knowledge, regulatory/policy knowledge and softer skills independently from scheduled team training.
• Share own knowledge on informal and formal basis to support the team’s overall development.
• Create a positive, engaging and challenging working environment.
• Drive best practice sharing and standardisation across Absa Group.
• Strive to receive regular 360 feedback to facilitate sight of blind spots and develop oneself.
• Attend and actively participate in citizenship/training events.
• Actively manage soft skills development.

Education

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

Education

• Bachelor Honours Degree: BMI - Business Management and Informatics (Required)

End Date: November 12, 2025