Senior Risk and Control Officer at Absa Group Limited (Absa)

Job Summary

To lead a rigorous enterprise risk management approach to address risks that threaten the organization's strategic objectives or represent opportunities for competitive advantage and enables enterprise delivery on the combined objectives of business Enablement and business Risk.

Job Description

Critical Process & Standards Oversight

Facilitate the identification and maintenance of end-to-end critical processes where process is owned and governed from within DIT. Facilitate the identification of key indicators and key controls per critical process. Provide oversight for the development of related standards related to the scope critical processes owned by ES and any other standards that may be required within Digital Innovation and Technology (DIT).

• Critical Process Assessment Oversight: Oversee the annual Critical Process Assessments (CPAs) that are required as per the Group CPA standard. Ensure CPA reviews are performed in line with the CPA standard requirements. Perform quality reviews on the CPAs performed by the DIT business areas to avoid duplication of processes, alignment to policy requirements and incorporation of any legal and regulatory requirements.

• Key Indicator Oversight: Facilitate the identification of meaningful measures for DIT critical processes, including measurement criteria, definition of associated calculations and thresholds in collaboration with Process Owners and CTO Data Management Team.

• Standards Oversight: Oversee timely annual review of standards that are required as required by the Group Policy of Policies. Perform quality reviews on the standards for which the Standard Owner resides within DIT, to avoid duplication with Group standards and other DIT standards, alignment to policy requirements and incorporation of any legal and regulatory requirements.

Governance & Optimisation

Design and roll-out of processes governing risk management elements, within DIT. Identify opportunities to optimise and automate risk management practices.

• Governance Processes: Design and roll-out of processes guiding all risk management and governance elements in DIT, i.e. Control Self-Assessment requirements, inherent & residual risk assessment requirements, DIT key control breach processes etc.

• Risk Management Optimisaton & Automation: Identify and drive implementation of opportunities to innovate and optimise governance, risk management and reporting through digitisation and automation.

Education and Experience Required

• NQF level 6 B Degree

• B Degree is required i.e. Information Technology and/or Business Management

• CISA/CISSP/CISM/CGERT/PMP or any other IT Governance related qualification

• 4 years’ experience in a risk and audit environment

• 4 years job relevant experience in IT Governance

• 4 years Financial Business environment or other financial related experience

Knowledge & Skills Required

• 4 years Financial Business environment or other financial related experience

• Extensive knowledge, understanding and application

• Good interpersonal, facilitation and negotiation

• Self-confidence and assertiveness/persuasiveness

• Business organisation and industry understanding

• Good understanding of IT operations and processes

• Strategic planning with implementation at tactical

Competencies

• Deciding and initiating action

• Learning and researching

• Entrepreneurial and commercial thinking

• Relating and networking

• Adapting and responding to change

• Persuading and influencing

• Creating and innovating

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