Senior Compliance Officer: Data Privacy at Absa

Job Summary

• To ensure the organization is complainant with all applicable data protection and privacy prescripts.

Job Description

• Provide Assistance in setting the Absa Group Limited data privacy strategy, as well as the privacy risk and control threshold for the Group.
• Assist in driving compliance to all Data privacy laws and regulations and address these requirements early on in new technologies.
• Develop and oversee the application of data privacy policies and standards for Absa Group Limited and maintain these on at least an annual basis.
• Enable compliance with data privacy regulations and foster a data protection culture within the organization.
• Pro-actively conduct data protection impact assessments for the Group’s products, projects and processes.  
• Provide SME guidance on Data Privacy Risk management with Business stakeholders and suppliers.
• Partner with Business and Technology to ensure data privacy issues are considered at the outset of new projects, products and initiatives.
• Monitor the evolving data privacy regulatory landscape to keep visibility on trends, and best practices to adequately address current polices or standards.  
• Inform and Monitor the Absa Group Limited Data Privacy risk appetite and changes to it.
• Assist in the develop and maintaining an appropriate operating model to ensure that the data privacy policy requirements are implemented within Business with adequate oversight from the Group Privacy Office.
• Assess the risk on all requests for dispensations, waivers and breaches, and escalate to the Principal Risk Officer for consideration.
• Participate in investigations, reviews, approvals, incidents and exceptions to address matters impacting the risk
• Assist in the development of the process for the identification and assessment of all severity 1-4 incidents within Absa Group Limited
• Monitor compliance with data protection regulations and Group policies
• Continuous engagement with the various regulators and keeping up to date with data privacy regulations.
• Act as an ambassador with colleagues, regulators and other stakeholders with a view to establishing a leading function within the organization.
• Be registered with relevant regulatory or professional bodies
• Advise stakeholders on the management of relevant data risks, by participating in product/project/change approval and review processes.

Education

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