Job Description

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

To provide advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist auditing expertise. Effective compliance monitoring and testing provides early insight into potential compliance challenges thus enabling business to move quickly and easily resolve issues before they become serious. In this role we are looking for a professional with expert knowledge of assurance, strong business and compliance knowledge and excellent leadership skills. In additional to the traditional assurance responsibilities, the role requires a solution orientated individual with an agile mindset who continuously seeks to improve assurance through technology driven activities.

• The assurance persona acts as a safety net for the effectiveness of the compliance programme, ensuring that everything we do passes the basic test of compliance.
• They provide advisory input into automated control testing, ensuring flawless execution. Additionally, they offer guidance on compliance risk assessment, testing, and control testing, ensuring robust compliance measures are in place.
• They are guardians of compliance and risk management effectiveness, contributing to the overall success and stability of the assurance mandate of the compliance programme.
• Through assurance they provide valuable input in ensuring that risks are mitigated effectively, and our operations are reliable.
• This role will plan, execute, and manage the compliance review and monitoring activities developed for the Business Banking Compliance Monitoring & Testing assurance plan.
• Provide leadership and direction to pro-actively drive the strategic intent of the team. Key Responsibilities
• Implement, monitor and execute on the assurance coverage plan and issues management process ensuring that the assurance work conducted is in line with the Compliance Assurance methodology.
• Conduct ad hoc special monitoring/surveillance as and when required.
• Drive the end-to-end execution of reviews as a lead reviewer, providing guidance in respect of allocated regulatory requirements and policies.
• Utilize creative communication and collaborative risk mitigation techniques to embed the compliance culture in business.
• Robustly manage regulatory and reputational risks and ensure that the relevant regulatory frameworks and compliance policies are implemented.
• Embed strong governance in the execution of all reviews, issue management and in all team deliverables.
• Contribute towards a high performing team by providing guidance, assistance and mentorship to other team members.
• Focus on solutions and be proactive in identifying and fixing problems efficiently and effectively.
• Contribute towards improvements, efficiencies and value-added projects within the

Required Education and Experience:

• 5 years’ experience in Assurance or Risk-related departments with commensurate experience in a major financial institution
• 5 years’ experience in risk-based auditing or risk/control activities across the continent.
• Experience in managing a team or department
• Banking experience either gained through auditing, compliance, risk or in line management
• Relevant experience in risk-based auditing or risk/control activities
• Ability to work in a hybrid of office-based and remote working

Education

Bachelor`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