Job Overview
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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