Job Description

Empowering Africas tomorrow, togetherxe2x80xa6one story at a time.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 To drive and execute the BU Combined Assurance coverage plan, enhance the control environment and manage conformance testing across operational and resilience risk policies. Additionally, provide strong leadership in people management and ensure effective governance and reporting.1. Combined Assurance

• Develop and maintain a comprehensive Combined Assurance Plan through consultation with the BU management team and assurance providers across the three lines of defence.
• Map the plan to Critical Process and material controls, considering previous assurance results, material change projects, and emerging risks.
• Chair and shape the Combined Assurance Forum, driving discussions on plan status, assurance results, and risk profile impact.
• Ensure conformance with the Assurance Standard and lead the transformation of the combined assurance function by streamlining activities, avoiding duplication, and driving automation.
• Proactively influence and drive real-time adjustments to the assurance plan in response to emerging risks.
• Collaborate with Group teams to implement automation and leverage industry developments to enhance combined assurance capability.

2. Risk Assurance and Conformance

• Develop and maintain a comprehensive Risk Assurance and Conformance Plan through consultation with the BU management team
• Lead the execution of the Risk Assurance Plan and the Conformance Review plans for operational and resilience risk policies and standards.
• Define and continuously enhance the plans, ensuring alignment with the combined assurance agenda.
• Report findings, raise Dispensations, Waivers, or Breaches (DWBs) where non-conformances are identified, and monitor timely remediation.
• Promote automation and data analytics to streamline assurance efforts and reduce intrusiveness.

3. People Management

• Lead and develop a high-performing assurance team by embedding a culture of high performance and continuous improvement.
• Provide mentorship, coaching, and clear performance expectations to ensure team effectiveness.
• Strategically align team efforts with the business areas vision and policies.
• Delegate responsibilities effectively and empower team members through development opportunities.

4. Governance and Reporting

• Draft high-quality, insightful assurance reports that identify root causes and provide actionable recommendations.
• Ensure accurate and timely capture of assurance findings on the relevant systems
• Present updates and key insights at stakeholder meetings and risk forums, effectively communicating progress and concerns.
• Report material issues through appropriate risk and assurance governance committees.
• Continuously assess and enhance reporting to ensure it supports effective decision-making.

Education

• Management role with over 8 years of experience
• Bachelor of Accounting Sciences in Internal Auditing, Postgraduate Diploma in Risk Management or Related Fields.
• Expertise in Agile methodologies, combining audit and data analysis
• Providing assurance reports and insights at the group level
• Engaging in discussions with CRO and managers
• Reporting Tools: OpenPages, SharePoint, Excel
• Proficiency in automation and Power BI

EducationBachelor Honours Degree: Auditing (Required), Postgraduate Degrees and Professional Qualifications: Risk Management and Financial Risk ManagementAbsa 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

Absa