Head: Fraud Governance, Risk and Reporting at Absa Group Limited (Absa)

Job Description

Risk Governance:

• Define and maintain the CIB Fraud Risk Management Standards, frameworks and related governance documents.
• Conduct continuous research on leading practices and trends in order to enhance fraud risk management within CIB
• Ensure that the control environment is reported, managed within acceptable parameters and that governance processes operate as intended.

Reporting:

• Prepare and deliver regular, accurate, and insightful reports on fraud risk landscape including metrics, incidents, and trends.
• Collaborate with relevant teams to enhance reporting processes and data quality.
• Provide actionable insights to senior leadership based on the analysis of fraud-related data.

Stakeholder Management:

• Engage with internal stakeholders, including business units, compliance, legal, and audit teams.
• Foster strong relationships with external stakeholders, such as regulators and industry bodies.
• Represent ARO fraud risk function in relevant forums and committees.

Risk and Control:

• In conjunction with the CIB Fraud Strategy Portfolio Leads, define and manage the ARO Fraud Risk Strategy and Profile
• Co-ordinate and consolidate fraud threat assessments for ARO . 
• Drive implementation of effective controls to mitigate fraud-related risks.
• Monitor control effectiveness and recommend improvements as needed.

Education, Training, and Awareness:

• Develop and deliver training programs to enhance fraud awareness and risk mitigation.
• Promote a risk-aware culture across the organization.
• Stay informed about industry best practices and emerging fraud threats.

Qualifications and Experience

• Bachelor’s degree in commerce or risk Management (B Degree).
• 2 – 5 years of technical risk management experience, with a preference for fraud risk expertise.
• 6 – 8 years of experience in Retail banking or Corporate and Investment Banking.
• Essential experience in fraud risk management.
• Experience working in Africa Regional Offices would be advantageous
• 2 – 3 years of Assurance experience (1LOD, 2LOD, or 3LOD).
• 3 – 5 years of reporting experience.

Education

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

End Date: March 18, 2026