Bring your possibility to life! Define your career with us

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

• Strategic and Tactical Planning for the Assurance team.
• Credit risk assurance reviews
• Stakeholder engagement and management.
• People Development and Talent Management.
• Attendance of Risk & Control Governance Forums
• Reporting key control issues to Governance Committees. i.e RCF, ERC, CMC and R&CMC.
• Highlight weaknesses within the control frameworks and deployment which may result in risk issues for the business.
• Recommend changes, enhancements or amendments to existing governance or best practice where existing policies or procedures are unclear, inconsistent or require review, whether for regulatory or business reasons.

Job Description

Responsible for providing Management with the assurance that the Credit Risk activities are being conducted in line with the Corporate, business and retail lending policies, standards and frameworks.
Responsible for ensuring that sampling tests methodology is embedded and carried out on a regular basis:
Monthly sampling of Lending activities e.g Credit approvals, FLAM/Facility letter review, Excess management, Financial covenants and conditions of sanction monitoring, Monthly risk reports, Client visits, TAT tracking and KRIs.
Perform periodic independent assurance/conformance reviews on adherence to the lending credit policy requirements and controls.
Reporting key control issues to Governance Committees i.e Risk and Control Forum (RCF), Enterprise Risk Management Committee (ERC), Country Credit Committee (CMC) and Risk & Capital Management Committee (RCMC).
Review the adequacy and effectiveness of the existing controls within Corporate, business and retail lending (Credit origination, Sanctioning, Credit administration, BBS and Collections/Recoveries)
Keep abreast of control issues related to lending and report them through the Governance Committees.
Responsible for driving the review process of the relevant Lending CPA.
Monitor adherence to Group policies and ensure that Dispensations, Waivers and Breaches are raised where applicable.
Review and submission of all Internal Audit, Conformance and Credit review closure packs. Issue Closure Packs must be submitted two weeks before due dates.
Review and closure of monthly exceptions report. Root causes must be identified and addressed by the respective functions.
Attending Risk & Control Governance Committee meetings
Carrying out in-depth conformance investigations
Timely identification and escalation of credit related breaches.
Discuss assurance review findings with key stakeholders (Credit, BBS, CR, BB & CIB teams) before submitting final report to Chief Risk Officer final review and sign off.
Recommend changes, enhancements or amendments to existing governance or best practice where existing policies or procedures are unclear, inconsistent or require review, whether for regulatory or business reasons.
Highlight weaknesses within the control frameworks and deployment which may result in risk issues for the business.
Ensure all audit, conformance and Business review exceptions are closed timely by the respective teams..

Effective Stakeholder engagement and management e.g Finance, Treasury, Legal, CIB, BB, Markets, Legal, Compliance and Credit etc.
Attendance of Risk, Governance and Control Forums
Ensure that action owners actively contribute towards closure of all open control observations / findings.
Provide a view of the control environment to in-country risk committees
Work closely with the compliance team in managing regulatory observations.
Keep track of any changes in the regulatory environment that may have an impact on the credit control environment.
Agree and Manage service level agreements.
Raise observations that are insightful, accurate, address the root cause and add value to the business, ensuring that conformance review scopes reflect wider implications.

Strategic and Tactical Planning for the Assurance team.

Proactively upskill team and self.
Achieve optimal team performance/efficiency through monthly tracking and review of team performance.
Ensure ongoing people and talent management as an engagement enhancer and retention tool
Develop a highly motivated team maintaining excellent relationships within own team and wider business to ensure achievement of business goals
Prepare team’s training needs development needs and support the development and implementation of solutions.
Act as a role model and drive proactive application of Absa values.
Ensure effective performance development and succession planning for the team.

Education

Bachelor’s Degree: Business, Commerce and Management Studies (Required)