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Absa Group seeks an experienced risk management professional to implement and oversee risk and compliance frameworks within their organization. The successful candidate will leverage their extensive experience in financial services to develop strategies that drive governance and operational risk management while ensuring adherence to regulatory requirements. This position involves leading initiatives to foster a risk-aware culture and enhance customer solutions through effective risk management.
Empowering Africa’s tomorrow, together…one story at a time.
With over 100 years of rich history and a strong position as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of an exciting growth journey, to reset our future, and shape our destiny as a proudly African group.
Job Summary
Seeking a candidate with 10 years’ experience in operations or process roles, with a focus on risk. Must have practical knowledge of risk and compliance methods, and strong experience with financial services products and processes. Knowledge of regulatory requirements in an Operational Risk environment is essential. The role involves developing risk and compliance strategies, implementing practices, and ensuring adherence across practices for methodology, governance, and delivery.
Minimum qualification: B-degree (NQF level 6) in Commerce. A Post Graduate Degree (NQF level 7) is preferred.
Responsible for implementing the Risk and Compliance Framework, overseeing risk management practices at Absa Insurance Company (AIC). This includes reviewing the risk profile, aligning with risk appetite, and ensuring robust processes and controls are in place. The role also involves leading operational risk and governance initiatives to ensure innovative, competitive offerings while safeguarding the bank’s assets.
Job Description
Risk Management and Compliance
Business Performance Drive
Customer Focus
People Management
Education
Bachelor’s Degree in Business, Commerce, or Management Studies is required. An advanced diploma or postgraduate qualification is preferred.
Absa Bank Limited is committed to diversity and equal opportunity employment. Preference will be given to candidates from designated groups to promote workforce diversity.
Note: Absa Bank Limited reserves the right not to fill the position as advertised.