Head: Governance, Risk - Johannesburg, South Africa - Absa Bank Limited

Absa Bank Limited
Absa Bank Limited
Verified Company
Johannesburg, South Africa

1 week ago

Thabo Mthembu

Posted by:

Thabo Mthembu

beBee Recruiter
Description
Bring your possibility to life Define your career with us

  • With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary


Lead First Line Governance & Control team in the managing of the risk profile through evaluating, responding and monitoring of operational risk in line with Operational Risk Framework.


Job Description:


Accountability:
Governance and Control

  • Set Non-Financial Risk Appetite for the area, and monitor adherence thereof
  • Assist the business to proactively manage issues and emerging risks.
  • Responsible for optimal combined assurance plan, and governance and delivery thereof
  • Ensure a control approach that is fully aligned to business priorities both structurally & functionally

Accountability:
Drives the strategy to achieve first line of defence governance excellence

  • Set up and manage Governance & Control for the area to achieve excellence through welldefined scalable and easily replicated risk management processes.
  • Implement and maintain effective governance structure within Everyday Banking and product area
  • Manage Policy and Standard rollout and compliance for the area.
  • Accountability for the oversight and the engagement with multiple functional areas that include; Governance and Control, Conformance, Operational key risks (Resilience, etc.), Audit, Compliance and with a view on current trends and future projections.
  • Accountable for the monitoring, implementation and reporting of Anti money laundering policies with Cards business across the portfolio.
  • Aligns the risk profile of Business Area through continuous interaction with internal and external stakeholders providing a balance between operational efficiency and the accepted level of risk appetite.
  • Institutionalizes a culture of continuous improvement in risk management through risk awareness, Learning, Development and Communications.

Accountability:
Stakeholder engagement

  • Be the point of entry for interactions with the key business stakeholders on control management.
  • Position and communicate standards, requirements and initiatives with the relevant stakeholders
  • Actively drive a plan for all control matters affecting the business
  • Liaise with senior executive stakeholders and stakeholder groups

Accountability:
Reporting

  • Risk and Control reporting for the business includes the Operational Summary for the Business ME and Strategic Updates at a business level.
  • Group Operational Risk reporting (e.g. CPA,MCA,RCAs, Operational KRIs, etc.).
  • Implementation of innovative reporting and tracking mechanisms for tracking of all assurance issues etc.
  • Drives the reporting on progress updates for operational excellence and control remediation issues.
People management

  • Recruit the right people.
  • Develop, motivate and manage people. Recognize performance, provide appropriate interventions and opportunities, and address poor performance.
  • Equip team to deliver based on a high performance culture.
  • Provide strategic direction to the team in line with the strategic direction of the Group.
  • Establish and maintain a succession plan for the key roles in the area and review and approve succession plans
Education

Bachelor's Degrees and Advanced Diplomas:
Business, Commerce and Management Studies (required)

  • Absa Bank Limited reserves the right not to make an appointment to the post as advertised_
More jobs from Absa Bank Limited
See all jobs of Absa Bank Limited