Job Description

Empowering Africaxe2x80x99s 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 Are you a risk specialist with experience operating in Business. It is not too late to elevate your career. Join Absa's Specialised Lending Product dynamic team as a Senior Specialist Risk in a role where you will provide complex specialist advice and support in practice formulation and associated best practice improvement tactics, enabling the provision of specialist risk product expertise.
The role supports the RB Specialised Lending Products which includes Absa Vehicle Management Solution, Fleet Card and Term Loans.Key deliverables will be to:

• Coordinate key activities to sustain as Satisfactory Control Environment. This involves coordinating activities of Principal Risk and related Sub Risks subject matter experts to keep the risk profile within acceptable thresholds.
• Managing the critical process refresh exercise, driving issues management and risk event management.
• Conducting Root Cause Analysis and Lessons learnt for material risk events/issues and monitor business remediation.
• Risk Reporting: Identify, assess and Report key risks arising from significant events, investigations, audit and control issues
• Running appropriate risk governance forum and report appropriately on risk outcomes as may be necessary.
• Building and maintaining effective relationships with key stakeholders, which includes the first line of defence (1LOD) colleagues in business, Principal and Sub risk SME's, second line of risk partners in the Risk and Compliance functions and internal audit and other assurance providers.
• Developing and monitoring KRI's to ensure monitoring of the key risks facing the business where these need to be supplemented.
• Drive adherence to applicable Policies, Procedures and Regulations.
• Drive any risk deliverables that may be required to demonstrate that the business is embedding ORRMF, Conduct Risk and Fin Crime Risks and any elements from the Enterprise Risk Management Framework that impact this function.

EducationBachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)Absa 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