Jobs at Absa

Do you want to be part of a go-to quant team that develops trusted model solutions for business stakeholders? Would you like to future-proof your career in a challenging and changing business environment through growing your exposure to the data and statistics field?

Join a diverse team of dynamic model developers. We are looking for experienced Model Development Analysts with a background as quantitative analysts developing PD, LGD and EAD models for Regulatory Capital and Impairments (IFRS9) models in a banking or consulting environment.

Please apply on the Absa Job Opportunities site for this exciting opportunity.

• We will expect you to ensure model build data are of sufficient quality.
• Develop theoretical understanding and practical application of model development methodology through model building and application experience.
• Complete statistical data analysis and produce model build documentation in an unambiguous and concise manner.
• Have the ability to integrate technical statistical experience and business knowledge.
• Ensure successful implementation of models by assisting the model implementation team through answering technical questions around the model workings.
• Ensure full governance processes for modelling are complied with from model inception and build through to validation and sign-off by completing all relevant documentation according to the Absa Model Risk Policy.
• Actively engage stakeholders (model users, validation team, monitoring team, regulators) to be fully engaged in process and delivery through email discussions, group meetings and one-on-one discussions ensuring their issues, objectives and priorities are reflected in agreed solutions.

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A Hadoop Engineer is a professional responsible for programming Hadoop applications and knows about all the components or pieces of the Hadoop Ecosystem , understands how the Hadoop components fit together and has the ability to decide on which is the best Hadoop component for a specific task.

The Data Operations team within CTO, is looking for a highly talented Hadoop Engineer to join their team in Johannesburg.
The Data Operations team is responsible for supporting all the Applications on the Hadoop ecosystem. This role expands in maintaining changes on datasets and optimisation activities on all Applications, including new development.
They therefore need to understand basic programming to enable them to manage Big Data and to transfer all data to Hadoop.

Job Description
Play a lead role in the Data Operations Team

• Prioritise tasks assign to the team.
• Give input and quality assure the tasks allocated to the team.
• Give input and feedback to team members on progress of tasks.
• Identify optimisation opportunities.
• Improvement on recovery time in case of prod failures.
• Test prototypes and oversee handover to the operational teams.
• Attend and contribute to regular project meetings.
• Responsible for the actual coding or programming of Hadoop applications.
• Propose best practices and standards.
• Maintain security and data privacy.
• High-speed querying.
• Translate complex functional and technical requirements into detailed design.

Job Experience & Skills Required:

• 5 years' relevant Hadoop experience
• Min one year experience with Scala programming language (advantageous)
• Familiarity with Hadoop ecosystem and its components.
• Good knowledge of the concepts of Hadoop.
• Solid experience in a working environment in Big Data development utilising SQL or Python.
• Experience in Big Data development using Spark.
• Experience in Hadoop, HDFS and MapReduce.
• Experience in database design, development and data modelling.
• Data architecture and security.

The following additional knowledge, skills and attributes are preferred:

• Good knowledge in back-end programming, specifically java.
• Experience with development in a Linux environment and its basic commands.
• Ability to write reliable, manageable, and high-performance code.
• Should have basic knowledge of SQL, database structures, principles, and theories.
• Knowledge of workflow/schedulers.
• Strong collaboration and communication skills.
• Strong analytical and problem solving skills.

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Apply platform engineering expertise, critical thinking, design thinking and problem solving skills in an agile team environment to produce well-organised, optimised and documented source code that successfully delivers platform features & components of the service & solves complex technical problems with high quality solutions.

Job Description
Platform Engineering, Deployment & Optimisation

• Leverage platform engineering expertise & a working knowledge of specific platforms and their constituent parts to positively contribute to platform feature and service designs
• Take accountability for deeply understanding & building expertise on the platform, the platform contribution to the broader platform strategy & business and customer requirements & all available technologies
• Develop business & customer aligned, lasting & innovative platform feature sets
• Positively contribute to, define & implement the development/engineering lifecycle (end to end) and lead lifecycle improvements over successive releases.
• Produce simple, extensible, and maintainable features with very few defects. Continually works to find and fix defects.
• Leverage platform (service design & code) & engineering technical expertise to proactively identify risks and prevent defects
• Identify patterns that reveal errors and unanticipated problems, and influence telemetry analytics design decisions
• Identify & Apply metrics to drive the quality and stability of code
• Ensure consistent, usable, forward-looking, maintainable test infrastructure
• Apply object orientated design in development & draw from a large base of design patterns
• Uphold our technical principles of: self-service, scalability, re-usability, resilience & stability in all development practices and deliver feature sets that sustainably deliver on these principles
• Apply knowledge and expertise in User / Customer experience to deliver a stable user experience in all design & development that is simple, elegant, and useful.
• Proactively identify development practices that work well & leverage & improve these for future solution design and deployment
• Document feature set and constituent design information to produce solution design blueprints and validation collateral
• Based on engineering & platform expertise and a sound knowledge of the business & customer requirements

consistently provide key ideas for the enhancement & optimization of the platform

• Develop & document complete designs and implement testing processes that identify and eradicate platform or service-wide problems / improve on platform performance
• Demonstrate a strong commitment to the quality & ongoing quality assurance of the product/service’s in use, and take appropriate action to resolve issues throughout the lifecycle of the product or service
• Ensure alignment to platform and service release plans for effective deployment of solution designs
• Drive & implement design review processes & practices with the team & participate & positively contribute to design reviews for the feature area led by others
• Apply expertise in engineering & available technologies to enable effective review processes
• Cascade review lessons learnt for the benefit of the broader team
• Enable problem resolution across technical teams, apply and or facilitate root cause analysis, deeply understand the root causes of issues and find ways to resolve them (sustainably)
• Continuously review & find ways to optimize team processes & improve engineering quality, productivity, and team responsiveness to feedback and changing priorities
• Optimize, refactors and reuse components to improve performance and maintainability – ensuring maximum efficiency, effectiveness, and return on investment
• Take accountability for maintaining platform standards and best practices, and drive adoption across multiple service teams
• Demonstrate knowledge of, identify & find required data for the ongoing monitoring & improvement of the platform feature area
• Proactively monitor the performance of the platform features & solutions
• Translate monitoring data into clearly articulated descriptions of opportunities & defects, their impact to the customer scenario and to the product or service as a whole, and the relevance to product and service targets (within scope of the job).
• Cascade and communicate these insights across the team to influence platform decision making
• Leverage production performance monitoring and customer data to make feature area technical design and implementation decisions.
• Synthesize data from multiple sources and present & define concise, impactful conclusions that influence feature teams to solve defects and meet quality targets

Accountability: Financial & Cost Optimization, Risk & Governance

• Understand the platform cost model & the optimal cost : serve of the platform, use this understanding to drive the platform efficiency & effectiveness objectives
• Participate in incident management & DR activity – applying critical thinking, problem solving & technical expertise to get to the bottom of major incidents
• Apply Group risk (e.g. Architecture, development, change & release etc.), governance, compliance & regulatory standards and frameworks
• Proactively identify technical risks and mitigate these (pre, during & post release)
• Update / Design all feature documentation aligned to the organization technical standards and risk / governance frameworks
   

Accountability: People

• Proactively & effectively (time & quality) collaborate & drive collaboration on features across feature team (e.g. managing dependencies & interdependencies, conflict resolution, information & best practice sharing, problem resolution outside of own area etc.)
• Apply collaboration skills in development practices & issue resolution regardless of team boundaries & lead communication with relevant stakeholders through to conclusion
• Contribute to a high performance team environment & culture as a high performing member of a self-directed team aligned to agile working
• Leverage coaching techniques in all team related activity to drive a higher quality service, design and deployment of technical solutions.
• Proactively seek & provide feedback across a range of stakeholders for the benefit of the team & leverage feedback to consistently improve platform solution delivery
• Coach & mentor other engineers & support engineering teams on technical solutions and problem resolution & proactively seek coaching & mentoring from others
• Participate in peer reviews, testing, problem solving within and across the broader team
• Cascade platform performance feedback and ensure capability development across teams to enable efficient & effective platform service delivery
• Drive the design of content, tools & materials for strategy alignment, education & adoption processes to be applied across stakeholder groups

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Build high-performing, scalable, enterprise-grade applications & build capability in others to do the same. This includes but is not limited to applying critical thinking, design thinking and problem solving skills in an agile team environment to solve complex technical problems (Front End, Back End and Integration) with high quality solutions & leading all phases of the development lifecycle to deliver.

Job Description
DevOps

• Apply critical thinking, design thinking and problem solving skills in an agile team environment to solve complex technical problems (Front End, Back End and Integration) with high quality solutions
• Contribute to and in some cases lead all phases of the development lifecycle including e.g. design process
• Determine operational feasibility of solutions by evaluating analysis, problem definition, business requirements, solution development and proposed solutions
• Develop high quality software / application design and architecture in a test driven & domain driven / cross domain environment
• Quickly produce well-organised, optimized, and documented source code to deliver technical solutions
• Ensure designs & solutions support the technical organisation principles of self-service, repeatability, testability, scalability & resilience
• Apply general design patterns and paradigms to deliver technical solutions
• Create & Maintain Sophisticated CI / CD Pipelines (authoring & supporting CI/CD pipelines in Jenkins / Azure Devops or similar tools and deploy to multi-site environments – supporting and managing your applications all the way to production)
• Use & configure modern observability techniques to provide a deeper understanding of the application. To do this, leverage e.g. aggregated logging via ELK stack, metrics via Prometheus / Grafana / NewRelic and distributed tracing like Zipkin/Jaeger etc.
• Automate tasks through appropriate tools and scripting e.g. Docker, Ansible, Kubernetes
• Debug existing source code and polish feature sets.
• Work with guilds and other technical SME’s to improve and evolve technical products and services
• Apply unit testing frameworks and perform integration, validation and verification testing (apply knowledge of stubbing tools e.g. wiremock, hoverfly etc.)
• Apply version control and related concepts and techniques
• Align all application development & development process to Group Architecture, Security & Infrastructure guidelines
• Work with project & program teams (when required) to plan & manage the development lifecycle e.g. releases, risk management, testing, integration etc.
• Conduct reviews, performance monitoring & ongoing optimization and maintenance on applications
• Stay ahead of the curve on emerging technologies and development practices e.g. scripting languages, containerization etc.
• Contribute to the design & evolution of Group Architecture, Infrastructure & associated technical standards for the organization

People

• Coach & mentor other engineers
• Conduct peer reviews, testing, problem solving within and across the broader team
• Provide technical subject matter expertise and support in the attraction and recruitment of Product Engineers for the organization
• Participate as a subject matter expert in the development & development planning of the broader product engineering team
• Support the people change teams in the design of adoption processes (Customer, Employee & 3rd Party Adoption)

Risk & Governance

• Identify technical risks and mitigate these (pre, during & post deployment)
• Update / Design all application documentation aligned to the organization technical standards and risk / governance frameworks
• Create business cases & solution specifications for various governance processes (e.g. CTO approvals)
• Participate in incident management & DR activity – applying critical thinking, problem solving & technical expertise to get to the bottom of major incidents
• Deliver on time & on budget (always)

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Deliver day-to-day knowledge work, in order to execute predefined objectives as per agreed standard operating procedures (SOPs).

Job Description

Achieve contracted service level agreements: By being available to cardholders, branches and merchants in order to serve as informational support. | Customer Experience: To provide service excellence and achieve customer satisfaction | Compliance and Risk Management: Fulfil all activities in adherence to relevant control and compliance requirements, and quality standards

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This role offers the interested candidate an opportunity to be a part of a high performance team that will focus on managing existing Transactional Banking customers. The individual will be responsible for a portfolio that he/she must understand intricately and come up with strategies to ensure the success of the portfolio and ultimately meet the targets set by the business. The role includes the creation and management of communication, channel and marketing strategies. The individual will be part of a team that focuses on the complete lifecycle of a customer starting post the sale to the point of closure. The individual will have access to a teams across various disciplines with in Transactional Banking as well as Absa. The individual together with the rest of the team is responsible to grow primary customers through sustained customer engagement and commercial strategies. There are no direct reports but the individual will be responsible for a portfolio in one of the largest businesses within Everyday Banking as well as RBB.

Job Description
KEY RESPONSIBILITIES:
The high level duties of the role:
 

• The individual must have an appreciation for analytical thinking and solving problems
• The individual must be of a commercial mindset with a good understanding of the retail banking space
• The individual will be required to have an understanding of the customer lifecycle process for banking end to end
• Define, brief, map out strategies for specified portfolios
• Must have the ability to put together a customer engagement strategy
• Define / Map the customer journey, channel journey
• Understand campaign management end to end
• Will be required to represent Portfolio Management at various forums within the bank including to senior leadership
• Have the ability to work on Excel, PowerPoint and Word at an advanced level
• Work with data files and understand the importance of POPI and protecting the interest of the bank and the customer
• Work with channel partners to ensure delivery of TxB strategies

MINIMUM REQUIREMENTS:

• Relevant B. Degree in business ⁄ banking ⁄ accounting / BI or equivalent NQF level 7 qualification
• At least 5-10 years banking ⁄ technology/ financial services environment experience
• Experience in Project management and PM training ⁄ qualification relevant technology qualification
• Solid experience in management of communication, channel and marketing strategies
• At least two (2) years Specialist Customer Engagement or Relationship management experience
• At least three (3) years’ experience in a Customer Engagement and/or Portfolio manager role in Transactional banking

WHAT’S ON OFFER:

• Great Team environment
• Autonomy to produce excellent results and delight colleagues and customers.
• Opportunity to influence and interact with senior management
• Work in a multi –disciplinary environment
• Opportunity to discover and learn

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To develop a functional legal operating model and framework in a broadly defined business functional strategy; enabling horizontal alignment, implementation and adoption.

Job Description

An opportunity has become available for an Admitted attorney/ Lawyer with a track record of success to join our Group legal shared service team in the role of Senior Legal Counsel. The incumbent will provide advice and support to Absa group wide, on issues relating to regulatory matters, working with other functions to improve the efficiency and effectiveness of identifying, monitoring and providing analysis of regulatory matters. The ideal candidate will have experience in financial regulatory and banking or insurance background.

Other responsibilities include, but not limited to:

• Proactively identify and manage legal risk/opportunities.
• Provide functionally excellent non-contentious legal advice (written and verbal) and proactively keep the business units abreast of legal and regulatory developments.
• Act on legal risks notified in the legal risk reports, by raising it with the business stakeholders and addressing it as far as possible in whatever way and means required to sufficiently mitigate risk
• Proactive monitoring of compliance of the legal risk control framework
• Provide high quality support to the business as required by interacting with different legal and business stakeholders
• Coach and mentor junior team members on a regular basis on how to improve their own productivity and use of the bank’s processes and systems
• Ensure that subordinates are trained and equipped with appropriate skills and knowledge regarding all products, solutions and services

Education and Qualification:

• B Comm Law and LLB; or B A Law and LLB; or B Juris and LLB; or BProc and LLB
• Admitted attorney or advocate in RSA or other similar jurisdiction
• Degree from a leading educational institution with good academic results

Skills and Experience:

• Strong negotiation skills.
• Business awareness, prioritisation of risk and strong commercial focus
• Ability to take a commercial view within legal constraints
• Ability to influence senior stakeholders to their point of view and maintain credibility with a senior audience

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The main purpose of the role is to provide technical support on complex transactions originating from a variety of Treasury businesses including managing complex change. Overall job responsibilities include:
Providing support in dealing with the accounting for new transactions (including CIB, Group and client reporting perspective) for all Treasury related services
Provide leadership to the teams running the central hedge accounting solution and controlling Treasury’s risk under management
Oversee daily and monthly financial reporting for central hedging and Treasury risk management areas
Provide technical and transactional support across the Treasury business
Provide change support relating to complex regulatory or other regime changes to Treasury Finance and Treasury

Job Description
Key Accountabilities
Accountability: Management of Central Hedging Solution – 60%

• To be responsible for the Group Hedge Accounting solutions owned by Treasury, ultimately to maintain Hedge Accounting at minimal economic impact post, whilst ensuring appropriate & adequate controls and reconciliations.
• Ensure appropriate valuation techniques are applied in order to measure hedged risk.
• Presentation and interpretation to senior management within and outside Treasury of hedge effectiveness results achieved, as well as monitoring of current arrangements to predict expected hedge effectiveness
• Financial reporting and documentation function, ensuring controls are maintained and information reported is accurate and timely.
• Maintain and develop Hedge Accounting solutions and infrastructure as fit for purpose with respect to current Group business mix and within the bounds of existing standards and legislation
   

Accountability: Providing Technical Advice to Treasury and Other areas – 20%

• Provide ad hoc hedge accounting support to other parts of the Group as the Group centre for excellence, and implement and extend a group wide policy for hedge accounting covering all types of hedge “exposure” including liaising with external auditors to achieve optimum accounting treatment. Support other group areas and areas of Treasury in accounting for Financial Instruments
• A principle point of contact for accounting technical issues in Treasury, providing expert accounting technical and structuring advice across all Treasury pillars and finance disciplines
• Partner across all Treasury pillars on accounting and other regulatory/technical aspects of proposed new transactions, products & process changes affecting the Treasury business
• Assess implications of all capital applications (including liaising with regulatory, tax and other experts across the group as necessary) and co-ordinate response across Treasury Finance and other business finance functions

Accountability: Manage impact of technical change on Treasury – 10%

• Monitor accounting and regulatory change as they relate to Treasury business, communicate relevant changes to Treasury & Treasury Finance teams, assess impact on Treasury business model, systems and processes

Accountability: Treasury Change initiatives – 10%

• Ensure anticipated/proposed change is aligned to internal business strategies and external regulations
• Ensure anticipated change does not adversely impact the hedge effectiveness or economic benefit of deal structure(s)
• Provide technical input and support to change initiatives where necessary
• Setting up and chairing of working groups where appropriate
• Provide support to head of change delivery for Treasury

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Qualifications

Bachelor`s Degrees and Advanced Diplomas - Business, Commerce and Management Studies, Customer Excellence - Service Delivery (Meets all of the requirements), Digital familiarity (Meets some of the requirements and would need further development), Enabling team success (Meets all of the requirements), Openness to change (Meets some of the requirements and would need further development), Planning and organising (Meets all of the requirements), Project and Programme Management (Meets all of the requirements), Project Management

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Job Summary

• Strategically enable optimization of the Group Operational risk processes, infrastructure and framework.
• Manage all aspects of delivery and operationalization of the Operational risk framework (ORMF) enablement proactively.
• Facilitate all changes and act as a conduit to drive, initiate and implement changes with the Business, Group OR Framework and Technology teams.
• Manage stakeholder relationships across the function and Group in order to enable effective changes efficiently

Job Description

• To manage successful end to end delivery and execution of both production and project portfolio within the Group Operational Risk function.
• Stakeholder management for ORMS ensuring seamless user experience and support.
• Management of SLA and OLA.
• Define and enable the effective Support Model with the Technology team.
• Drive process and system enhancements / improvements in line with the Groups policies.
• Manage all Change Management initiatives.
• Continuously evaluate the Operational risk functions enablement systems and processes for areas of improvement and proactively drive with stakeholder.
• Deliver customer service expectations across the Group as the key enablement partner.
• Setup, monitor and report on performance criteria for the OR enablement function on a proactive basis.
• Monitor and report on the operating effectiveness of the Operational Risk technology infrastructure

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Work as part of an integrated (run & build) tribe in lower complexity environments to provide enterprise wide application support across multiple stakeholder groups by maintaining & optimizing enterprise-grade applications (tech products & services).

Job Description
Devops & Support

• Apply critical thinking, design thinking and problem solving skills to solve technical problems on existing applications
• Implement all configuration, optimization (e.g. upgrades) & maintenance activity (e.g. regular maintenance patches) for enterprise wide applications
• Provide efficient and effective support of applications including continued development of the application and security, software patches, reliability, disaster recovery and ensure the application meets the business needs
• Schedule and oversee planned maintenance tasks, such as backups and performance tuning, for production IT services to prevent and to minimize issues
• Maintain correct and current application documentation and making it available to application users
• Oversee application implementation and configuration, patches, upgrades and maintenance, and ensure that application performance meets agreed SLAs and OLAs
• Ensure minimal business operations impact due to upgrades and maintenance activities
• Coordinate and execute unplanned maintenance tasks, such as disaster recovery procedures, for production IT services to prevent and to minimize issues
• Manage applications throughout their lifecycle and assist in the application-related aspects of designing, testing, operating and improving technology products & services services
• Coordinate & communicate across Tribes & Squads (all businesses) to successfully complete application upgrades
• Coordinate with infrastructure & architecture teams to ensure that the impact of system / platform migrations on applications is minimised
• Develop and maintain knowledge in application functionality, user workflow, and business processes
• Develop sufficient knowledge of application infrastructure (server, network, security) & broader organization architecture to assist with application upgrades and troubleshoot issues
• Compile and maintain inventory of applications and related details
• Manage and provide support aligned to all SLA’s
• Develop the skills required to operate and maintain the technical products & services (applications)
• Ensure that a backup system for applications and files associated with business operations is in place
• Advise on software installation and upgrades, troubleshoot problems and provide resolutions.
• Work with Information Security teams to define and implement access permissions for applications
• Develop and maintain expertise in application functionality, user workflow, and business processes.
• Receive and screen user programming requests for new applications or modifications, and determine appropriate priority and response.
• Develop and communicate training and documentation for end users.
• Act as a liaison between business stakeholders and customers, external solution providers, and IT stakeholders for application support specific requirements
• Develop and / or assist with the development and / or execution of project plans for application upgrades
• Provide input to current and future application requirements to meet the organization's needs
• Prepare assessments for proposed applications, projects, and define appropriate integration and access requirements
• Maintain awareness of application risks and opportunities for improvement
• Identify and recommend application improvement to enhance capability and performance, and minimize costs.
• Ensure that application users are aware of the application capabilities for enabling their effective use
• Assess vendor proposals for appropriateness and compliance with organization and industry standards.
• Participate in development of Requests for Proposals (RFP) and vendor evaluation and contract management for IT applications services.
• Supervise and maintain the organization's repository of applications
• Help diagnose problems and resolve incidents / issues related to applications.
• Validate the known error database for application-related entries
• Work with Tech Centres of Enablement to define the operational activities related to the applications

Application Monitoring & Performance Management

• Monitor application modification requests and ensure best practices are being utilised
• Conduct diagnostic investigations of program errors, and implement or recommend solutions or methodologies for resolution.
• Maintain metrics of operational performance and evaluate trends
• Analyse business systems to determine effectiveness, identify inadequacies, inefficiencies and problems and recommend solutions

Governance, Risk & Control

• Enhance methods and procedures for collecting, analysing, and documenting application issues, and completing user change requests.
• Enhance IT processes for transitioning completed configurations from development to production.
• Plan and coordinate the processes for the provision of user applications and systems necessary for business operations.
• Define and maintain application assessment, development, and support standards, and work with other IT and business stakeholders to establish configuration and use guidelines.
• Provide inputs to availability and capacity management process for effective planning.

System Knowledge Required

• Working knowledge (development and support) with Stave application

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Provide complex advice and support in the positioning of investments operating models and frameworks in a broadly defined business functional strategy; enabling operating model, strategy and value chain formulation and alignment.

Job Description

Form part of a broader Index Solutions business offering a modular, agile investment solutions platform to a broad spectrum of retail and institutional clients. Successful incumbent will be appointed to develop, own and deliver the distribution strategy for the Retail Structured products business within Global Markets. Will drive digital distribution strategy for Halo platform and lead relationship with tech partners as well as offer solutions and products to cover a multitude of product wrappers and delivery vehicles (index based). BCom/CFA or similar with passion for product set and a strong understanding of the IFA and retail distribution channel operating framework, including access via LISPs. Since the role entails working closely with other areas of the bank including structuring, indexation, trading and infrastructure/ implementation areas, the need for strong stakeholder management and influence skills is essential

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

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To provide complex specialist advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist risk product expertise.

Job Description

Risk Management: Providing Subject Matter Expertise to Risk types | Stakeholder Management: Build and Maintain effective Relationships with relevant stakeholders | Risk Reporting: Identify, assess and Report key risks arising from significant events, investigations, audit and control issues | People Management: n/a| Risk and Control: Adherence to Policies, Procedures and Regulations .

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