Junior Specialist: Risk at Absa Group Limited (Absa)

Job Summary

• To provide specialist advice and support in area of business

Job Description

• Assist risk specialist ensures effective risk management (Enterprise Risk Management) and proactively puts measures in place to mitigate and manage the risk within the Absa Trust business (Estates services, Wills services, Trust services and Beneficiary funds).
• Prepares reports relevant to the portfolio risk status / profile.
• Identifies process inefficiencies and makes appropriate recommendations for the improvement of process efficiencies in consultation with business partners and owners.
• Support business through audits, reviews and inspections. Ensures that agreed actions to address assurance and audit findings raised by other assurance providers are remediated and implemented within committed timeframes within portfolio.
• Tracking of open findings and escalation of potential and actual overdue audit finding
• Ensures that effective risk monitoring processes are in place that monitor client activities across the relevant business value chain (e.g., Ops, Product, etc.).
• Provides guidance on risk and compliance matters during the relevant MANCO sessions.
• Acts as SME on business risk matters and provides coaching and guidance as and when required. This include coaching and guiding business staff and key stakeholders on risk related matters.
• Perform trend analysis and gap analysis on Key risk issues and events. Thereafter recommends process improvements after analyzing trends obtained from monitoring reports and ensures implementation of agreed actions.
• Provides input for various projects in the business to determine the impact of new and amended regulatory and legislative requirements as well as overall risks the projects carry.
• Supports the business in ensuring that all staff within the business completes the mandatory Compliance training.
• Perform risk and control Assessment on the processes of the Business Area and ensure they are maintained (RCSA/CPA)
• Assist and guide business in formulating Key risk indicators where applicable.
• Capturing of issues, risk events, RCSA and Key risk indicators on the risk system and maintaining the information.
• Assess adherence to policies, procedures and standards and raise dispensations, breaches and waivers where required in accordance with the applicable policies and standard. 

Education

• Higher Diplomas: Business, Commerce and Management Studies (Required)

End Date: November 26, 2025