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.
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Job Summary
The Product Risk Officer is responsible for overseeing the end-to-end Product Development Lifecycle (PDLC), ensuring that all products introduced, amended, or withdrawn within the business comply with internal governance standards, regulatory expectations, and strategic risk frameworks. This role provides critical oversight and coordination across product development, risk assessment, remediation, and governance reporting.Job Description
Product Development Lifecycle Oversight
- Lead the Proposal and Development stages of new products.
- Guide business to craft and submit comprehensive product papers for authorization.
- Ensure fulfillment of pre- and post-launch conditions within defined timelines.
- Coordinate post-launch product risk reviews and drive remediation efforts.
Governance and Compliance
- Ensure completeness and accuracy of the product register.
- Ownership of the PRGC pack, minutes and all meeting logistics in line with the approved ToR
- Assure final sign-off from key risk areas and stakeholders before tabling reviews/Amendments/proposals at the PRGC (Product Risk Governance Committee).
- Escalate breaches and overdue closures to the PRGC and ensure timely resolution.
Risk Remediation and Control Environment
- Address findings from internal audits, regulatory reviews, and control environment assessments.
- Track and report on product risk events, including dormant products requiring re-approval.
Product Risk KI monitoring and reporting
- Monthly measurement of product risk KRI’s in line with agreed standards;
- Assure all KRI’s rated outside appetite have specific action plans for remediation;
- Monthly report KRI’s information to compliance as part of Conduct Risk monitoring.
- Ensure governance and end to end process of products are followed
Strategic Alignment
- Align product risk practices with the Enterprise Risk Management Framework (ERMF) and Operational and Resilience Risk Management Framework (ORRMF).
- Enhance oversight capacity and stakeholder engagement across the product lifecycle.
Stakeholder Management
- Be interlocutor between country and center with regards to NAPA & Product Risk reporting
- Manage relationships with internal and external stakeholders, ensuring clear communication and alignment of expectations.
- Present regular updates to senior leadership, including progress reports, risk assessments, and resource utilization
Education
Higher Diplomas: Business, Commerce and Management Studies (Required)Skills Required
- Higher Diploma in Business, Commerce or Management Studies
Absa Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Absa Group and has not been reviewed or approved by Absa Group.
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Healthcare Strength — Medical aid, group life, disability, and funeral cover are described as comprehensive, with features such as terminal‑illness advances and beneficiary grocery benefits. Wellness and assistance offerings support overall financial and personal wellbeing.
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Retirement Support — A pension fund and group retirement arrangements are positioned as core benefits within fixed remuneration. Retirement coverage is embedded alongside other protections as part of standard employment.
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Equity Value & Accessibility — Employee share‑ownership (eKhaya) and equity‑linked awards broaden wealth‑sharing, with dividends or cash‑equivalent participation in some markets. This provides longer‑term value beyond base pay.
Absa Group Insights
What We Do
Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond. We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.
