Governance Manager- Treasury

About the job
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.

Job Summary

With the broadening and increasing mandate of ABSA Africa across the African continent, coupled with the ongoing changes

in the regulatory landscape, a single-minded approach to supervisory risk and controls is essential in ensuring that there is

alignment within Country Treasury Function. Consequently, a Treasury Front Office Risk & Controls function has been

established to support the Front Office business on how the relevant supervisory risks and controls are managed.
To direct and manage the overall risk management process within the Treasury Business Unit, in a manner

consistent with the ABSA Africa Risk and Group Risk Management policies.
To provide extensive support to Treasury thus requiring a total understanding of the treasury risks and a thorough

knowledge of the Group structure, policies and activities. This involves keeping an eye on industry evolution, and

the identification of risks in the marketplace
To co-ordinate the delivery of all infrastructure issues, ensuring systems and processes are working well and policy adherence.

Job Description

Accountability:

First Line Risk and Control
The Front Office Risk and Control Officer will partner with the Front Office business and other key stakeholders across to implement and maintain an efficient and effective control environment.
Design and produce MIS reports to track and report various Control objectives and programs
Ensure Internal Audit points, Operational Risk actions and Monitoring and Testing points are cleared within the time commitments provided by the respective teams.
Ensure adherence to internal policies and coordinate closely with the Chief Risk Officer, Chief Operating Office, Technology groups and other operations groups to assist in meeting control objectives.
Partner with business in completing the Risk Self-Assessment in line with Risk Management Framework and the Operational Risk Management Methodology set by the Bank
Maintain Risk and Control data bases and assessments as well as progress reports
Ensure proactive risk-based advice is delivered through effective partnership with all stakeholders in the relevant business units.
Raise issues and actions and remediate control gaps and weaknesses.
Challenge the key controls established by business in the mitigation of risks
Assist Business in the development of Key Indicators for measuring the utilization of risk against appetite Accountability: Conduct and Reputational Risk
Embedment and roll out of the Conduct Risk Framework across in Treasury.
Continuous tracking of actions from the Conduct risk Reports if any
Compilation of the Quarterly Conduct Risk Reporting in line with the Conduct and Reputational Risk Frameworks set by the bank.
Evaluate and evidence the extent to which internal controls are operating effectively; ensure that risk is being effectively managed and that there is compliance with laws and regulations including the Firm’s policy and procedures.
Discuss any significant findings with stakeholders to understand if there are broader learning points and or actions required.
Closure of conformance and other combined assurance issues raised through reviewing mitigating evidence and assessing the adequacy thereof as well as validating that the actions are implemented, embedded and effective.
Work closely with other assurance providers to manage performance in line with expectations and ensure adequacy of coverage of risk and controls
Provide an independent and impartial facility to test and evaluate recently implemented controls or areas of concern for effectiveness and improvement.

Stakeholder Management
Develop and maintain good working relationships with internal and external
business partners, including but not limited to all delivery channels used
Liaise with all business partners to ensure all management information they require is provided to them timeously
Ensure that regular communication regarding risk management is disseminated to all relevant stakeholders Accountability: Governance and Oversight
Ensure that clarity on supervisory ownership is provided regarding the Supervisory Framework engagement responsibilities
Take the lead to ensure a coordinated approach for supervisory engagements across Treasury.
Establish, maintain, and improve the governance framework and reporting mechanism to ensure optimal functioning of the regulatory initiatives with appropriate oversight.

Accountability: Reporting, consolidation, analysis and escalation
Attend relevant forums where direction is taken in terms of the future development of risk management methodology.
Consider engagement reports obtained from business and translate them into less complex executive summaries to be discussed at the Supervisory meetings
Prepare, distribute, and present business unit risk and control analysis to the relevant Management Committees.
Provide reporting for the Monthly risk governance forums as well as address any ad hoc risk-related reporting to stakeholders

Education

Higher Diplomas: Business, Commerce and Management Studies (Required)