Fraud Controls and Governance Analyst (Fraud Solutions) 6months contract at Absa Group Limited (Absa)

Job Summary

• To design, implement, and monitor governance frameworks, policies, and controls to ensure compliance with regulatory requirements and mitigate operational, financial, and reputational risks within the bank.

Job Description

• Actively participate in all of the audit phases - planning and scoping (identification of risks and controls), fieldwork (execution of design and operating effectiveness assessments) and reporting (ensure audit observations and planned actions are agreed with management for factual accuracy).
• Ensure that delivery adheres to the Fraud Solutions Assurance Methodology, Absa Governance Framework and quality standards.
• Provide timely feedback to the Head of Fraud Controls and Governance, functional heads, and fraud assurance team members with progress on identified issues and observations raised.
• Support the development and implementation of data analytics driven business-monitoring programmes to support the Fraud Solutions Assurance and Fraud Loss team.
• Develop, implement, and oversee governance policies and procedures.
• Ensure alignment with regulatory standards, internal policies, and industry best practices.
• Maintain and update the corporate governance structure, including committee charters, delegation of authority, and reporting lines.
• Identify, assess, and manage risks associated with banking operations and regulatory obligations.
• Lead internal and external audit preparations and implement recommendations.
• Develop and monitor internal controls to safeguard the bank’s assets and ensure data integrity.
• Conduct regular reviews and testing of controls to identify weaknesses or gaps.
• Prepare and present regular governance and risk reports to senior management and the board.
• Maintain documentation related to policies, incidents, and audits.
• Ensure transparent and accurate reporting to regulators and stakeholders.
• Act as a liaison between regulators, auditors, and the bank.
• Provide guidance and training to staff on governance, controls, and compliance matters.
• Collaborate with internal departments, including Risk, Compliance, and Operations, to strengthen the control environment.
• Develop and maintain business continuity and crisis management plans.
• Conduct periodic simulations and tests to ensure readiness.

Stakeholder engagement and Portfolio management

• Develop and maintain relationships with business (including, Fraud Solutions Functional areas, 1,2 & 3LOD, Compliance and Internal Audit).
• Support the Combined Assurance effort across 1, 2 & 3LOD to strengthen the Fraud Solutions control environment.
• Provide input into the Fraud Solutions risk and committee reporting, clear messaging and impact on the risk and control environment of the business.

Knowledge Management

• Display professional skepticism and apply a residual risk lens to potential assurance review issues with management and in final reporting.
• Continuous upskilling on both technical and other core competencies.
• Keeping up to date with industry trends, regulatory changes and professional standards.
• Assist in upskilling team members as well as stakeholders to ensure knowledge sharing and skills transfer across the Fraud Assurance and Governance team.

Knowledge and skills

• Practical experience of development and execution of IT General and Application Controls, analytics programs to assess risk and related control environments as part of an internal or external audit role/function, or as part of a risk management function.
• Solid understanding of financial accounting Principles, risk and governance
• Detailed understanding of business Processes, Risks and Controls.
• Knowledge and experience in the use of IBM Open Pages.

Advantageous:

• Practical knowledge of data mining, data analysis and visualization techniques.

Financial analysis

• Experience doing technology or cyber security audit or assurance work.
• Experience in Banking or Financial Services, Forensic Accounting or Auditing.

Education

• B Degree (e.g., Commercial, Informatics, Statistics, Computer Science, Audit)
• Completed Internal Audit or SAICA Articles and 2 years Post articles experience minimum.

Education

• Bachelor`s Degrees and Advanced Diplomas: Law, Military Science and Security (Required)

End Date: June 11, 2025 (5 days left to apply)