Outcome Area: Risk Conscious Strategy Choices

• Actively challenge and contribute to business growth, service improvement and cost optimization with a financial and operational resilience and long-term value sustainability mindset.
• Working with function Business Unit leadership identify risks and opportunities in pursuit of strategic objectives.
• Facilitate the risk appetite and pain tolerance threshold discussions and decisions by business leadership.

Accountability: Appropriate Risk Culture and Matured Risk Management Practices

• Establish Clear Risk Governance: Design structures and processes that promote accountability and ownership in managing risks.
• Develop Practical Risk Processes: Implement straightforward risk practices that meet regulatory requirements and align with business objectives.
• Enhance the Risk Framework: Continuously update and improve the company’s risk management framework, including policies, processes, and standards.
• Embed Risk Awareness: Foster a mindset where leaders and teams naturally consider risks in decisions and operations.
• Provide Training and Tools: Deliver targeted training and tools to build skills and understanding in managing risks.
• Keep up with industry and risk management profession latest research, best practice, technology solutions to improve the risk function service.

Accountability: Effective Risk Management Business Partner

• Define the risk and capital management framework. ​
• Facilitate risk management lifecycle activities.
• Independent validation of key controls​.
• Advise day-to-day risk decisions within the risk culture and appetite, and report breaches.​
• Provide expert Risk Type Advisory.​
• Monitor emerging threats & provide expert advice.
• Manage interface with regulators​.
• Compile risk disclosures​.
• Review compliance with risk standards.

Accountability: People and Culture

• Promote a team culture that is consistent with Absa values.
• Create an engaging, enabling and productive work climate aligned to the employee value proposition.

Accountability: Internal and External Stakeholder Management and Disclosure

• Keep the Group CRO, peers, and risk type SMEs updated on Absa Technology matters that impact the group or their allocated business areas.
• Ensure appropriate business responses to Prudential Authority enquiries/questionnaires/surveys and adequate preparation for on-site engagements.
• Foster a healthy and trusting relationship with banking regulators, the board and the senior Absa leadership team.
• Establish and maintain high quality and stakeholder relevant risk disclosure reports.

Knowledge & Skills

• Strategic: ability to implement function level strategy in support of the group’s long-term objectives.
• Communication and Influence: ability to communicate effectively and influence different stakeholders and obtain buy-in.
• Effective stakeholder management: Ability to analyze and proactively manage different stakeholders across different seniority levels, cultures and legal/regulatory environments.
• Innovation and change: ability to identify and implement service optimization opportunities.
• Problem solving and decision-making: ability to quickly understand a situation and take decisive action/make tough calls.
• Quality and Excellence: Commitment to quality, high standards and robust risk/control management. Proven ability to deliver service excellence, managing often conflicting priorities.
• Strong knowledge of Information Technology management processes, systems and IT governance and risk management industry standards.
• Good knowledge of the risk management lifecycle processes, practices and professional standards.

Preferred Experience

• 5 years’ experience working in Information Technology.
• 4 years’ experience in the Banking.
• 3 years ‘experience working in the operational risk management profession.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)