Specialist : Credit Risk And Governance

Absa Bank Limited; Gauteng; On-site; ZAR 600 000 - 800 000; Full time

Job summary

A leading financial institution in South Africa is seeking a Specialist: Credit Risk and Governance. This role involves ensuring effective risk management practices and compliance, conducting regular risk assessments, and providing training to staff. The ideal candidate will have a Bachelor's degree in a relevant field and possess strong skills in risk assessment and data analytics. This position contributes to shaping the bank's risk governance framework.

Qualifications

• Conduct regular risk assessments and control evaluations.
• Prepare and present risk reports to senior management.
• Support the development and implementation of risk policies.

Responsibilities

• Identify potential risks and recommend mitigation strategies.
• Engage and coordinate audit requirements during reviews.
• Monitor and report on the effectiveness of risk management practices.

Skills

Risk assessment

Data analytics tools

Compliance with risk management policies

Training and guidance

Education

Bachelor's degree in Risk Management, Economics, Finance, or Business Administration

Advanced Diplomas in Business, Commerce and Management Studies

Job description

Empowering Africa's tomorrow, together...one story at a time. With over 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

The Specialist: Credit Risk and Governance is responsible for ensuring effective risk management and governance practices within the organization.

Job Description

Conduct regular risk assessments and control evaluations to identify potential risks and recommend mitigation strategies. Collaborate with various departments to ensure compliance with risk management policies and procedures. Prepare and present risk reports to senior management and relevant committees, highlighting key risk areas and trends. Leverage the available risk management systems and data analytics tools. Provide support on the process management risk monitoring and remediation, ensuring accurate reporting. Engage and coordinate audit requirements during reviews to ensure compliance and effective governance. Manage special projects to ensure successful execution and alignment with organizational goals. Perform governance and secretarial duties for the risk management forums such as the BB Credit, Watchlist and Impairments Committee, etc.

Support the development and implementation of risk policies, frameworks, and methodologies. Monitor and report on the effectiveness of risk management practices and recommend improvements where necessary. Support the development and implementation of governance frameworks to ensure adherence to regulatory requirements and industry best practices. Provide training and guidance to staff on risk management and governance processes.

Education: Bachelor's degree and advanced diplomas in Risk Management, Economics, Finance, Business Administration, or a related field. 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

• 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.