Business Assurance Manager at Absa

Position: Business Assurance Manager at Absa

Job Description

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

• Responsible in providing management with the assurance that the entire credit life cycle activities are being conducted in line with Group/Country policies. The business assurance manager is also expected to review the adequacy and effectiveness of the existing controls within Whole sale and retail credit risk department(MI,
• Data quality, Impairment, Analytics,Modelling,Policy and Governance) and credit operation divisions(Origination, Account management, collection and recoveries/Business support and recovery).
• Responsible for driving the review process of the country retail and corporate lending CPAs.
• Ensure that all CPAs ineffective controls and non-compliant actions are closed within set timelines.
• Monitor adherence to the group policies and ensure dispensation and waivers and breaches are raised where applicable.
• Identify report and monitor operational risk events, which have a credit risk impact.
• Complete all governance and group credit attestation and submission to center on a regular basis
• Ensure that all business review, internal audit, Operation risk, Finance,COO, Management assurance, central bank observations pertaining to credit risk are closed.
• Represent the country in monthly Governance and assurance forum
• Represent the country in the monthly PQR forum.
• Review and submit all audit closure packs.
• Engaging key stakeholders such as internal auditors, Compliance, Risk, Management assurance, center governance teams is a core requirement.
• Creating and managing control environment dashboard.
• Responsible for ensuring sampling tests and key risk assessment methodology is embedded and carried out on a regular basis.
• Responsible for ensuring business mandates are adhered to

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Job Description

• Responsible in providing management with the assurance that the entire credit life cycle activities are being conducted in line with Group/Country policies. The business assurance manager is also expected to review the adequacy and effectiveness of the existing controls within Whole sale and retail credit risk department(MI,
• Data quality, Impairment, Analytics ,Modelling, Policy and Governance) and credit operation divisions(Origination, Account management, collection and recoveries/Business support and recovery).
• Responsible for driving the review process of the country retail and corporate lending CPAs.
• Ensure that all CPAs ineffective controls and non-compliant actions are closed within set timelines.
• Monitor adherence to the group policies and ensure dispensation and waivers and breaches are raised where applicable.
• Identify report and monitor operational risk events, which have a credit risk impact.
• Complete all governance and group credit attestation and submission to center on a regular basis
• Ensure that all business review, internal audit, Operation risk, Finance, COO, Management assurance, central bank observations pertaining to credit risk are closed.
• Represent the country in monthly Governance and assurance forum
• Represent the country in the monthly PQR forum.
• Review and submit all audit closure packs.
• Engaging key stakeholders such as internal auditors, Compliance, Risk, Management assurance, center governance teams is a core requirement.
• Creating and managing control environment dashboard.
• Responsible for ensuring sampling tests and key risk assessment methodology is embedded and carried out on a regular basis.
• Responsible for ensuring business mandates are adhered to

Education

Higher Diplomas: Business, Commerce and Management Studies (Required)

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