Specialist: Credit Risk and Governance

Absa Group; Sandton; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A leading banking institution in Sandton seeks a Specialist in Credit Risk and Governance. This role involves managing risk assessments, developing reporting frameworks, and ensuring compliance with governance practices. The ideal candidate should have a strong educational background in finance or related fields. This position offers a unique opportunity to be part of a prominent African bank committed to excellence in risk management.

Qualifications

• Bachelor's degree in a relevant field.
• Strong understanding of risk management practices.
• Ability to provide insights for decision-making.

Responsibilities

• Conduct regular risk assessments and control evaluations.
• Collaborate with departments to ensure compliance.
• Prepare and present risk reports to senior management.

Education

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

Job description

Empowering Africa’s tomorrow, together…one 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

The Specialist: Credit Risk and Governance is responsible for ensuring effective risk management and governance practices within the organization. This role involves developing and implementing risk reporting frameworks, conducting risk assessments, and providing insights to senior management to support informed decision-making in BB Credit.

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: Risk Management, Economics, Finance, Business Administration, or a related field

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