Specialist Risk at Absa South Africa

Job Summary

To enable the effective implementation of risk frameworks. This will be done by establishing and maintaining an integrated and effective risk management framework where risks are identified, quantified and managed on a consistent basis.

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, Procedures, Processes, Resilience, Risk Culture etc.
• Reporting: Monthly, Annual and ad hoc Operational Risk Reporting at a senior level.
• Stakeholder Management: Management of Stakeholders in terms of Building Relationships with Business Area Heads, Risk and Business Unit Partners, i.e. Legal, Compliance etc.
• Compliance Management: Management, embedment and maintenance of legislative and regulatory requirements, Policies and Standards and the analysis and embedment thereof and the monitoring of Compliance Training.

Education and Experience Required:

• NQF level 6; B degree in Commerce or Risk Management or equivalent
• 3 years experience in an Operational Risk Management or related field

Knowledge & Skills:

• Knowledge of the Risk environment and Risk management principles.
• Keeping abreast of changes in industry regulations and developing of one's own competency through continuing education.
• Competencies: (Maximum of 8 competencies)
• Deciding and initiating action (strong decision maker
• Persuading and influencing
• Relating and networking
• Presenting and communicating information
• Analysing (complex problem solver)
• Planning and organising and being deadline driven
• Coping with pressure and setbacks
• Computer Knowledge

Education

• Bachelor`s Degrees and Advanced Diplomas: Risk Management (Required)