Risk Analyst: IBD

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Sandton, Sandown, Johannesburg, Gauteng
In-Office
Financial Services
The Role

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

Risk professional to be appointed as a Risk Analyst for IBD Pan Africa. Suited to a degreed individual with 5 years operational and or risk experience in an Investment Banking environment. Deep understanding of IB products coupled with strong control assurance experience within a Pan African financial services environment. Must have the ability to navigate efficiently in a matrix organisational structure with multiple stakeholders.

Job Description

  • Risk Identification: Guide IBD front office and support functions in identifying current and emerging material inherent operational risk exposures.
  • Analyze, review and load risk events, assist business in ensuring remediation strategies will mitigate the risks
  • Capture assurance results in assurance systems including ORMS  
  • Control Assessment: Perform design and operational effectiveness assessments through assurance and assist in meeting the annual assurance plan targets
  • Evaluation: Facilitate the rigorous assessment of the effectiveness of process checks and system controls in place to mitigate the material inherent risks identified. 
  • Control Environment remediation: Advise on the effectiveness of existing controls as well as the design and implementation of new controls required to sufficiently mitigate material gaps.
  • Risk Profile Monitoring: Lead in the monitoring and compilation of the IBD Risk Profile by partnering with risk teams from other control areas that impact IBD as well as with 2nd-line Operational Risk.
  • Reporting: Consolidate reports to highlight issues, trends, remediation, testing outcomes and feed into the various CIB governance committees

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 advertised

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The Company
HQ: Johannesburg
39,055 Employees
Year Founded: 2018

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.

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