Governance and Control Supervisor

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Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility. Job Summary Function and Business Area Purpose Responsible for the on-going embedment, assessment and effectiveness of controls in place to mitigate risks inherent to the Business area, taking into consideration changing economic conditions, legal and regulatory requirements, operating procedures and processes and internal work practices.

Job Purpose Define, embed and maintain a robust control framework, in line with the requirements of the ERMF, by leading on control management and execution for the First Line of Defence within the relevant business unit, to ensure sustainability and delivery of strategic initiatives of the business in line with the Absa Values and principles of conducting business. The main responsibilities will be to: • Assisting development and enhancement of the control framework of the Business Unit to ensure controls remain relevant to existing and emerging risks identified, in line with Group Risk frameworks.

• Performing detailed major risks testing as well as other conformance testing in line with core control activities • model/plan. • Track progress of all risk and control related actions to ensure due dates are met with the appropriate level of assurance provided. • Providing relevant MIS as would be required, on specified and ad hoc frequencies to stakeholders • Be aware and act as the focal contact point for all control-related matters relative to the Business Unit • Promoting a greater understanding of control management and assurance in order to embed a risk and control culture within the Business unit.

• Provide expert guidance, support, oversight and independent challenge through effective working relationships and stakeholder management relating to Risk & Control activities. • Supporting team member (if any) in relevant Control-forums as would be required. Job Description Controls and Risk Management Assisting for risk identification, ownership, management and control within approved mandate,  and  as documented  under  the  Enterprise  Key  Risk Control  framework, including embedment of a relevant risk and control culture.

Assisting Management  in ensuring  adherence to local and international  regulations, group policies and procedures, operational and management controls in relation to the business risks. Maintaining an effective control environment across all risks, processes and operations arising from  the business, including  implementing the appropriate standards to meet group policies and local regulatory requirements.

Maintaining an effective follow up of control gaps identified and ensuring remediation of weaknesses identified through conformance reviews/assurance work undertaken. Conforming  to policies, standards, plans and procedures established within the  Bank and compliance with external laws and regulations, including reporting requirements of regulatory bodies and maintaining oversight of effective embedment of the  above to the Business Unit.

Reviewing  and  challenging  the  identification,  evaluation  and  prioritisation  of  risks applicable to the Business Unit where potential impact, threats and vulnerabilities are quantified, including completion of major risks testing and RCSA testing for the Business Unit at specific frequency. Updating   the   Head  of  Functions   on  the   control  areas  of  concern  within  their environment; and agree on actions and/ or remedial actions to improve performance.

Supporting