Absa
Specialist Risk - Operational and Resilience Risk Enablement
Entry LevelOn-site
Location
Johannesburg, Gauteng, South Africa
Salary
Not listed
Experience
No experience required
Posted
Today
Job Description
Specialist Risk - Operational and Resilience Risk Enablement
Location: Johannesburg
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
Ensure that all activities and duties are carried out in full conformance to the Enterprise Risk Management Framework (ERMF), Operational and Resilience Risk Framework (ORRMF), as well as related internal Absa policies and standards.
Effectively implement Absa Group ERMF and ORRMF policies and standards and embed effective Operational and Resilience Risk Management (ORRM) practices within the Business Unit (BU). Contribute to establishing and maintaining an integrated and effective risk management framework where risks are identified, quantified, analysed, reported, and managed on a consistent basis in line with the ERMF and the ORRMF. Provide ORRM support to stakeholders in PPB. Support the reporting and monitoring of risks and ensure the quality and completeness of risk reporting.
Job Description
Operational and Resilience Risk Framework, Policies and Standards
Drive policy and standard governance in line with the ERMF and ORRMF.
Engage with Group Risk teams to ensure proper implementation of ERMF, ORRMF and related policies and standards within the business.
Support the business in the implementation and embedment of ERMF and ORRMF requirements, including those applicable for Risk and Control Assessments (RCAs), Issue Management, Risk Events, Key Indicators, as well as Dispensations Waivers and Breaches (DWBs).
Monitor and report on framework, policy and standard implementation status, concerns, and challenges, escalating material issues identified and indicating the level of severity and associated risks.
Communicate changes to frameworks, policies and standards and provide guidance for implementation of updated requirements.
Provide guidance for the implementation of framework, policy, and standard requirements.