Specialist Operational Risk - Johannesburg at Absa Group Limited (Absa)

Job Summary

• To provide specialist advice and support in area of specialisation enabling the effective implementation of risk frameworks.

Job Description

• Operational Risk Management: To identify, assess and manage all operational risks through the pro-active management and embedment of the following: MCA, Control Environment, CPA and RCSA, Audit, Assurance, Conduct Risk, Product Risk, Policies, Standards and Procedures, Resilience, BCM, OHS, Operational Risk Event Reconciliation Attestations, etc.
• Reporting: Preparing and delivering monthly, annual and ad hoc Operational Risk Reporting at a senior and cluster level.
• Stakeholder Management: Building and managing stakeholder relationships, which include; Business Area Heads, Cross functional teams, Risk and Business Unit Partners, i.e. Legal, Compliance, etc. in order to execute on and implement your own deliverables
• Compliance Management: Implementation, embedment and maintenance of legislative and regulatory requirements, policies and standards. Ensuring that your area of responsibility is fully compliant with all requirements including monitoring of Compliance training.

Education and Experience Required:

• NQF level 6; B degree in Commerce or Risk Management or equivalent
• 3 years’ experience in a Specialist Operational Risk Management or related area

Knowledge and Skills:

• Knowledge of the Risk Environment and Risk Management principles such as Enterprise Risk Management Framework; Operational Risk Management Framework; Process lifecycles; Risk identification and mitigation, etc.
• Keeping abreast of changes in industry regulations and developing your own competency through continuous education.

Competencies:

• Deciding and Initiating Action (Results Driver and Strong Decision Maker)
• Persuading and Influencing
• Analyzing (Complex Problem Solver)
• Planning and Organizing (Good multitasker and independently deadline driven)
• Coping with pressure and setbacks
• Computer knowledge
• Numerical skills

Education

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