Treasury Control and Governance Analyst

Absa Group; Sandton; On-site; ZAR 650,000 - 850,000; Full time

Job summary

A leading financial services provider in Sandton seeks a Front Office Risk and Control Analyst to ensure compliance with regulatory requirements and maintain an effective control environment. Candidates should have a Bachelor's degree and 3-5 years of experience in compliance or risk management, along with strong financial markets knowledge. Competitive compensation and opportunities for professional growth are offered.

Qualifications

• Three to five years of experience in Compliance or Risk Management.
• Strong financial markets knowledge preferred.
• Recent experience in business first line, SLoD, or TLoD defense.

Responsibilities

• Collaborate with key stakeholders to maintain an effective control environment.
• Evaluate control environment and identify risks.
• Ensure compliance with regulatory requirements.

Skills

Risk management

Data analytics

Stakeholder relationship management

Compliance

Education

Bachelor's Degree in Business or related field

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and a strong presence as a local bank with regional and international expertise, a career with our organization offers the opportunity to be part of an exciting growth journey, to shape our future, and to contribute to our identity as a proudly African group.

Job Summary

This role ensures that all activities and duties are carried out in full compliance with regulatory requirements, the Enterprise Risk Management Framework, and Internal ABSA Policies and Standards.

The Front Office Risk and Control Analyst will collaborate with the First Line of Business and other key stakeholders across the three lines of defense to design, develop, implement, and maintain an effective control environment.

Job Description

1. Perform duties of a First Line of Defense team, including:
2. Evaluate the control environment by understanding end-to-end processes, identifying inherent process risks, establishing risk tolerance, and determining where controls are needed.
3. Ensure controls are appropriately designed, implemented, and weaknesses are remediated.
4. Evaluate and evidence the effectiveness of internal controls, ensuring risks are managed and compliance with laws, regulations, and policies.
5. Define, maintain, advise on, and update policies and standards as needed.
6. Understand the Operational Risk Framework, policies, and standards, and how to apply these across functional risk and business operations.
7. Partner with the business to complete the Risk and Control Self-Assessment (RCSA) in line with the Enterprise Risk Management Framework (ERMF) and Operational Risk Methodology.
8. Identify issues, develop action plans, and remediate control gaps and weaknesses.
9. Prepare quarterly reporting packs for Conduct and Operational Risk.
10. Ensure data quality and accuracy for downstream infrastructure areas.
11. Standardize KRI controls across teams and report to senior management.
12. Oversee Business Resilience updates and key scenario testing compliance.
13. Support governance for Treasury risk and control committees.

Accountability: Risk and Control Environment

• Ensure compliance with governance, policies, and procedures.
• Promote a culture of compliance and facilitate escalation of issues.
• Handle ad hoc risk and control remediation for SA & ARO business footprint.
• Implement and oversee the group's risk control framework within the area of responsibility.
• Understand system and process flows, associated risks, and remediation strategies.
• Possess technical proficiency in risk management, governance, and control environments.
• Utilize data analytics for reporting and decision-making.
• Maintain thoroughness and attention to detail in products, systems, processes, and controls.
• Challenge and improve existing processes and controls.
• Apply problem-solving skills to deep dive into issues.
• Be innovative, curious, and adaptable to change initiatives.

Education

• Bachelor's Degree or Advanced Diplomas in Business, Commerce, Management, or Financial Sciences (Required)

Minimum Requirements

• Three to five years of experience in Compliance or Risk Management.
• Experience in business first line, SLoD, or TLoD defense.
• Recent financial services and analytical data management experience.
• Strong financial markets knowledge and stakeholder relationship management preferred.

Absa Bank Limited is an equal opportunity employer. In accordance with the Employment Equity Act 55 of 1998, preference will be given to candidates from designated groups to promote workforce diversity.

Absa Bank Limited reserves the right not to fill the position as advertised.