Consultant Prod Risk Governance RBB COO

Job description

The purpose of the role is to provide an effective advisory, implementation and coordination function to RBB business units in terms of the translation, alignment, reporting and compliance of the Product Risk Control Framework consisting of the New Product Review Policy and the Product Review Policy.

Key Responsibilities

·  Maintenance of the Absa Group NPA registers (on a monthly basis) and the Product Register in line with the requirements stated in the Product Review Policy.
·  Monthly Product Risk report with adequate interpretation to agreed role players.
·  Compilation of Product Risk key risk report with adequate trend analysis and interpretation, linking the current risk / control status with the previous reporting period and indicate what is expected in the immediate future.
·  Deliver oversight in line with the agreed NPA / product Risk Oversight program.
·  Comment / review product approvals / post implementation reviews on an ad hoc basis for completeness. Ensure a process to highlight trends and continuous improvement processes.
·  Monitor delivery on self-assessment processes, inclusive of the formalised change management processes.
·  Ensure that the policies, procedures, process and content of templates are effectively socialised.
·  Ensure continuous improvement processes via the effective engagement of the BU's when problem areas are identified. Include any supported suggestions made by any role player as and when it is highlighted.
·  To maintain a process to ensure that the NPA / Product Risk contact list is current.
·  Build long term sustainable relationships with business and support functions (Group and RBB specific teams) to establish effective communication channels whilst ensuring information flow, sourcing, and compliance, control and risk identification.
·  Source, share and disseminate control and compliance information critical ineffective control management.
·  Direct and provide advice to Business Unit line managers on all related compliance and control requirements and reporting.
·  Drive the training initiative by informing all Product Risk stakeholders to register and complete the Product Risk related training.
·  Monitor and track Product Risk training statistics.

Competencies

·  Entrepreneurial and commercial thinking
·  Adhering to principles and values
·  Presenting and communicating information
·  Applying expertise and technology
·  Planning and organising
·  Delivering results and meeting customer expectations
·  Persuading and influencing
·  Applying expertise and technology

General

·  The appointment will be made in line with the Divisional Employment Equity strategy

Desired profile

·  (3) Years or more experience in a risk and control management or related environment.
·  (2) years' experience in the area of specialisation
·  B Degree in business, finance or risk management or an NQF Level 6 equivalent qualification
·  (3) years or more experience in the banking or financial services environment with solid exposure to controls/process design, operational risk management and/or audit and compliance environment
·  No Criminal Record

Preffered Qualifications :

·  P reference will be given to South African Citizens and Permanent residents of South Africa in possession of proof of permanent resident status