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.
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.
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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.
Intern-Operational Risk
Position: Intern-Operational Risk
job requisition id R-15937309
Location: Absa House – ABTBring 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.
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future. Discover leading-edge guidance, tools and support to unlock your
potential. You are Absa. You are possibility.
Job Summary
To Provide Support in implementations of the
revised ORMF (Operational & Resilience risks), and newly introduced
Operational risk system (ORMS), Specifically on supporting businesses in
ingestions of the data from manual templates and providing guidance on
how to navigate through the system (ORMS)
Provide Support on the
embedment of Risk Data Aggregations and risk reporting (RDARR) by
tracking Data issues and Limitations and remediation’s.
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Job Description
Job Purpose.
To
Provide Support in implementations of the revised ORMF (Operational
& Resilience risks), and newly introduced Operational risk system
(ORMS), Specifically on supporting businesses in ingestions of the data
from manual templates and providing guidance on how to navigate through
the system (ORMS)
Provide Support on the embedment of Risk Data
Aggregations and risk reporting (RDARR) by tracking Data issues and
Limitations and remediations.
Main accountabilities and approximate time split
- Providing
support and guidance while Conducting Risk Control Self-Assessment and
Critical Process Assessment (RCSA/CPA) control testing. - Providing guidance on Key Risk Indicator assessment (KRI) and adoptions into the ORMS
- Provide Support on issues and actions Management tracking
- Supporting
business stakeholders in the Adoption and uploading of all Approved
Framework, Policies, and Standards documents into the system for
publications - Supporting stakeholders on how to capture
Dispensations, Waiver and Breaches maintained in excel into the
Operational risk system - Providing support and guidance while
Conducting Risk Control Self-Assessment and Critical Process Assessment
(RCSA/CPA) control testing. - Providing guidance on Key Risk Indicator assessment (KRI) and adoptions into the ORMS
- Provide Support on issues and actions Management tracking
- Supporting
business stakeholders in the Adoption and uploading of all Approved
Framework, Policies, and Standards documents into the system for
publications
Risk and Controls Objectives
Ensure
that all activities and duties are carried out in full compliance with
regulatory requirements, Absa Operational Risk Framework and internal
Absa Policies and Standards
- Manage
risk and control effectively by applying applicable risk frameworks and
embedding a positive risk cultureUnderstanding of own role in the
end-to-end processes in which you play a part, including applicable
risks and controls. - Adhere to Absa’s policies and procedures applicable to own role, demonstrating sound judgement and responsible risk management.
- Report
all risk events / incidents / issues using the defined process for your
business area and help to understand why these happened and how to
prevent them in future. - Proactively look for ways to improve the
control environment by considering what could go wrong in the processes
you operate and how errors could be prevented. - Continuous and proactive engagement with regulatory bodies, unions where applicable
- All mandatory training completed to deadline
Recommended:
Technical skills / Competencies
- Friendliness
- Agile
- Communication skills
- Facilitation skills
- Analytical and problem-solving skills
- Service excellence
- Team player
Knowledge, Expertise and Experience
- A
candidate should be a holder of bachelor’s degree in Information
Technology/Actuarial Science/Audit/Accounting/Banking and Financial
Services or any other relevant discipline
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Absa Values
Absa’s
Values and Behaviours represent the set of standards which governs the
actions of all of us who work for the bank and against which the
performance of every one of us in Absa are being assessed and rewarded:
- I drive high performance to achieve sustainable results
- I’m obsessed with customer
- I have an African heartbeat
- I believe our people are our strengths
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Education
- Higher Certificates and Advanced National (Vocational) Certificates: Business, Commerce and Management Studies (Required)
Deadline: 30th August, 2022.