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Risk Management Specialist - Remote

Posted 3 days ago
Finance / Legal
Full Time
South Africa

Overview

The Risk Management Specialist role focuses on embedding effective Operational and Resilience Risk Management (ORRM) practices within the Business Unit and implementing Absa Group ORRM policies and framework, contributing to an integrated risk management framework.

In Short

  • Coordinate activities to sustain a satisfactory control environment.
  • Execute risk assessments and compliance checks per relevant policies.
  • Manage risk events with a focus on recoveries and root cause analyses.
  • Report key risks arising from significant events and audits.
  • Build effective relationships with key stakeholders and risk partners.
  • Develop and monitor Key Risk Indicators (KRIs).
  • Ensure compliance risk framework elements are implemented.
  • Promote risk and control awareness within the business.
  • Drive risk deliverables to embed ORRMF and Conduct Risk.
  • Support strategic functions in the organization.

Requirements

  • Bachelor's Degree in Business, Commerce, or Management Studies.
  • Experience in Operational Risk Management.
  • Strong analytical skills for risk assessment.
  • Excellent communication and stakeholder management skills.
  • Ability to coordinate cross-functional teams.
  • Knowledge of compliance and financial crime risks.
  • Experience in risk reporting and governance.
  • Proficiency in developing risk frameworks.
  • Understanding of the banking and financial services sector.
  • Commitment to diversity and equal opportunity employment.

Benefits

  • Opportunity to be part of a leading African financial services group.
  • Engagement in meaningful risk management practices.
  • Collaborative work environment with diverse teams.
  • Professional growth and development opportunities.
  • Participation in strategic initiatives within the organization.
  • Competitive compensation and benefits package.
  • Commitment to employee well-being and support.
  • Access to a network of professionals in the financial sector.
  • Involvement in initiatives promoting equitable representation.
  • Work in a company with a strong history and reputation.

A.B

Absa Bank

Absa Bank Mauritius Domestic Ltd is a prominent financial institution with over a century of history, dedicated to empowering Africa's future through innovative banking solutions. As part of the Absa Group, one of Africa's largest diversified financial services groups, the bank offers a comprehensive range of products and services, including personal and business banking, corporate and investment banking, and wealth management. With a strong local presence and regional expertise, Absa Bank Mauritius is committed to meeting the evolving needs of its clients while fostering a culture of growth and development within the African banking landscape.

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