Intern-Operational Risk at ABSA Bank
Job Overview
Intern-Operational Risk
Absa Group TanzaniaFull-time
About the job
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.
My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.
Job Summary
To Provide Support in implementations of the revised ORMF (Operational & Resilience risks), and newly introduced Operational risk system (ORMS), Specifically on supporting businesses in ingestions of the data from manual templates and providing guidance on how to navigate through the system (ORMS)
Provide Support on the embedment of Risk Data Aggregations and risk reporting (RDARR) by tracking Data issues and Limitations and remediation’s.
Job Purpose.
To Provide Support in implementations of the revised ORMF (Operational & Resilience risks), and newly introduced Operational risk system (ORMS), Specifically on supporting businesses in ingestions of the data from manual templates and providing guidance on how to navigate through the system (ORMS)
Provide Support on the embedment of Risk Data Aggregations and risk reporting (RDARR) by tracking Data issues and Limitations and remediations.
Main Accountabilities And Approximate Time Split
- Providing support and guidance while Conducting Risk Control Self-Assessment and Critical
- Process Assessment (RCSA/CPA) control testing.
- Providing guidance on Key Risk Indicator assessment (KRI) and adoptions into the ORMS
- Provide Support on issues and actions Management tracking
- Supporting business stakeholders in the Adoption and uploading of all Approved Framework,
- Policies, and Standards documents into the system for publications
- Supporting stakeholders on how to capture Dispensations, Waiver and Breaches maintained in excel into the Operational risk system
- Providing support and guidance while Conducting Risk Control Self-Assessment and Critical
- Process Assessment (RCSA/CPA) control testing.
- Providing guidance on Key Risk Indicator assessment (KRI) and adoptions into the ORMS
- Provide Support on issues and actions Management tracking
- Supporting business stakeholders in the Adoption and uploading of all Approved Framework,
- Policies, and Standards documents into the system for publications
Risk and Controls Objectives
- Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Absa Operational Risk Framework and internal Absa Policies and Standards
- Manage risk and control effectively by applying applicable risk frameworks and embedding a positive risk culture
- Understanding of own role in the end-to-end processes in which you play a part, including applicable risks and controls.
- Adhere to Absa’s policies and procedures applicable to own role, demonstrating sound judgement and responsible risk management.
- Report all risk events / incidents / issues using the defined process for your business area and help to understand why these happened and how to prevent them in future.
- Proactively look for ways to improve the control environment by considering what could go wrong in the processes you operate and how errors could be prevented.
- Continuous and proactive engagement with regulatory bodies, unions where applicable
- All mandatory training completed to deadline
Technical Skills / Competencies
- Friendliness
- Agile
- Communication skills
- Facilitation skills
- Analytical and problem-solving skills
- Service excellence
- Team player
Knowledge, Expertise And Experience
A candidate should be a holder of bachelor’s degree in Information Technology/Actuarial Science/Audit/Accounting/Banking and Financial Services or any other relevant discipline
Absa Values
Absa’s Values and Behaviours represent the set of standards which governs the actions of all of us who work for the bank and against which the performance of every one of us in Absa are being assessed and rewarded:
- I drive high performance to achieve sustainable results
- I’m obsessed with customer
- I have an African heartbeat
- I believe our people are our strengths
Education
Higher Certificates and Advanced National (Vocational) Certificates: Business, Commerce and Management Studies (Required)
