Wednesday, November 4, 2020

New Job Opportunity at ABSA Bank Limited South Africa - Head Operational Risk Portfolio Manager

  AjiraLeo Tanzania       Wednesday, November 4, 2020
ABSA Bank Ltd South Africa
Jobs27 | South Africa Jobs 2020: New Jobs Vacancies at ABSA Group Limited-  South Africa, 2020
Jobs27 | South Africa Jobs 2020
About Us 
Truly African
We are a diversified standalone African financial services group, delivering an integrated set of products and services across personal and business banking, corporate and investment banking, wealth, investment management and insurance.

Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.
Absa Group Limited is listed on the JSE and is one of Africa’s largest diversified financial services groups with a presence in 12 countries across the continent and around 41 000 employees.

We own majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, the Seychelles, South Africa, Tanzania (ABSA Bank in Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria, as well as insurance operations in Botswana, Kenya, Mozambique, South Africa, Tanzania and Zambia.

Position: Head Operational Risk Portfolio Manager
Location: Johannesburg
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.
Free CV Writing and Download, Cover/Job Application Letters, Interview Questions and It's Best Answers plus Examples. Click Here!

Job Summary
As a member of the AGL Operational Risk Management Committee be accountable to the AGL Principal Risk Officer for the Portfolio Management of selected Specialist Risk Types across the enterprise by establishing and maintaining the relevant frameworks, policies, standards and oversight under which businesses and functions within AGL are to manage their Specialist Risk Type profiles.

Job Description
Portfolio Risk Management
  • Establish and maintain the policies and standards, as required by the Operational Risk Management Framework, to enable effective management of Specialist Risk Types by the AGL businesses and functions.
  • Provide guidance, challenge and advice to the AGL PRO: Operational Risk to support the recommendation of the enterprise-wide operational risk strategy, approach and risk appetite to the AGL CRO.
  • Develop and promote, in collaboration with internal audit and compliance, an effective and efficient methodology/working model for the assurance and conformance assessment of specialist risk practices against the Operational Risk Management Framework, Specialist Risk Types policies and standards (if applicable).
  • As an Operational Risk/Specialist Risk Subject Matter Expert:
  • Enable delivery of advisory and training services across the enterprise;
  • Ensure research on specialist risk trends and forthcoming developments have been socialized and understood by the enterprise;
  • Act as industry liaison in support of specialist risk type matters;
  • Provide constructive expert challenge of the group’s operational risk profile;
  • Provide thought leadership into the development of the Group’s Operational Risk strategy and approach; and
  • Assist leadership to drive a transformational agenda to continuously improve the efficiency of operational risk processes in line with market, business or regulatory developments

Stakeholder Communication and Liaison

  • Establish and maintain a coherent operating rhythm across the value chain (i.e. intra-risk, across AGL and 3rd parties) in support of the functional objectives.
  • Enable delivery of the update to the Risk Leadership with operational performance metrics, project implementation statuses and key matters arising; escalating material issues identified indicating the level of severity and associated risks.
  • Where applicable engage vendors to address current and future needs in addition to delivery/performance metrics
  • Participate in key risk management committees, in conjunction with the PRO: Operational Risk across the Group representing the portfolio and provide challenge, thought-leadership and direction on other AGL portfolios and relevant BU’s.

People and Organisation
  • Direct resources in the most effective and efficient manner to execute the Function’s Plan, including:
  • Enabling delivery of a supporting Risk Culture to deliver performance consistent with the Group’s Purpose and Values;
  • Direct involvement in all appointments and setting competencies for the roles;
  • Defining personal scorecard objectives and measures for employees that align to the Function’s Plan and Absa Scorecard;
  • Input to enable the design of remuneration structures that are appropriately aligned with Group’s Purpose, Culture and Policies;
  • Directing performance objectives and remuneration structures for the team designed to achieve a balance between risk, individual reward and the long term objectives of the Group;
  • Input to, coordination and support of the performance management process of employees;
  • Participation in the talent development and succession plans;
  • Management of an Operational Budget that supports delivery of the appropriate capabilities in pursuit of the Function’s Plan; and
  • Assistance with the coordination and management of change programs geared towards Operational Risk or, on behalf of the Group Risk Exco towards the Group efforts of their staff members.
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Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Deadline: 06th November, 2020.

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