Senior Manager: Group Risk Appetite at Absa Group Limited (Absa)

Job Summary

• Ensure that all activities and duties relating to group risk appetite are carried out in full compliance with regulatory requirements, the Enterprise Risk Management Framework (ERMF), the Group Risk Appetite and Stress Testing Frameworks. Understand and manage risks relevant to the role and associated processes.
• Ensure that risk appetite processes and activities uphold and support the achievement of a satisfactory control environment.

Job Description

In this role, the candidate is expected to:

• Participate and support the embedment of the group risk appetite framework across risk types, business units and legal entities.
• Participate and support the risk appetite setting, allocation and monitoring processes of the group.
• Engage and collaborate with stakeholders across risky types, legal entities and business units to ensure the cascade of risk appetite and associated monitoring, reporting and escalation processes.
• Drive the delivery of change initiatives relating to the enhancement of risk appetite reporting and analytics.
• Participate and provide group risk appetite input into key internal strategic and regulatory processes (including the ICAAP, ILAAP, PA submissions etc.).
• Support group-wide stress testing processes with specific focus on testing the calibration of risk appetite and identifying vulnerabilities in the group’s aggregate risk profile.
• Ensure continuous alignment between the risk appetite framework and other enterprise-wide frameworks (e.g. ERMF, recovery and resolution, stress testing)
• Review dispensations, waivers and breaches raised against the group risk appetite framework
• Ensure that regulatory changes and industry best practices are considered in the risk appetite framework and statements.
• Keep abreast of industry developments and emerging risks to mitigate potential impacts to risk appetite.

Education

• Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)

Deadline: 24th, February 2022