Business Risk Officer

at  Absa Bank Limited

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
We are seeking a dedicated and experienced Business Risk Officer to direct and manage the overall risk management process within our specific Business Units. This role is consistent with Absa Africa Risk and Group Risk Management policies and requires operational risk experience with payments, data risk, data analytics and an understanding of fraud and cyber risk
Job Description

Key Responsibilities:

• Contribute to the development of Group Methodology and implement and maintain the risk management process. to the development of Group Methodology and implement and maintain the risk management process.
• Conduct ad-hoc risk assessments, sign-off on new products and initiatives, and get involved in special investigations.
• Define the Risk Appetite and Tolerance for the various risks faced in collaboration with the business and ensure that Key Risk Indicators are monitored and actively managed.
• Ensure that employees are adequately equipped to fulfill the various risk-related roles they play, and that the appropriate risk governance structures are in place.
• Monitor and report on risk issues and on the overall risk profile of the business.
• Roll-out Group Risk Initiatives.

Education and Experience Required:

• Business degree or equivalent NQF level 6 – Essential
• Business-oriented bachelor’s degree [e.g. Accounting, Law, Business Management, etc.] – Preferred
• 5-7 years’ experience in the relevant business sector.
• 2 years’ experience in a risk management discipline.
• it would be beneficial if you have experience/exposure to risk management in other African Markets (besides SA)

If you are a proactive professional with a strong understanding of risk management principles and practices, have strong data analytics, we would love to hear from you. Apply today to join our dynamic team!
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 advertise

• Contribute to the development of Group Methodology and implement and maintain the risk management process. to the development of Group Methodology and implement and maintain the risk management process.
• Conduct ad-hoc risk assessments, sign-off on new products and initiatives, and get involved in special investigations.
• Define the Risk Appetite and Tolerance for the various risks faced in collaboration with the business and ensure that Key Risk Indicators are monitored and actively managed.
• Ensure that employees are adequately equipped to fulfill the various risk-related roles they play, and that the appropriate risk governance structures are in place.
• Monitor and report on risk issues and on the overall risk profile of the business.
• Roll-out Group Risk Initiatives