Head of Reporting- Fixed Term Contract at Absa

Job Summary

• To develop multi-functional governance, risk and compliance operating models and frameworks in a broadly defined group functional strategy; positioning and enabling horizontal alignment, implementation and adoption

Job Description

• An exciting opportunity has become available for an enthusiastic performer with a track record of success to join our group internal Audit team in the role of Head Reporting

The successful incumbent will develop, manage and execute on Internal Audit reporting and general risk reporting for the business. Lead, develop and improve the operating environment of Internal Audit reporting across change, systems, operations, governance and control to drive productivity and performance improvements within the function. This includes influencing the Internal Audit reporting strategy and translating it into substantive actions to create world-class capabilities in the reporting of business.

The role will require significant engagement with EXCO and as such, excellent written and verbal communication coupled with a strong attention to detail when preparing and reviewing reports is essential in the fulfilling the role. The individual needs to be highly numerate, combined with a good understanding of risk management concepts and practices.

Other responsibilities include but not limited to:

• Oversee Reporting to executives and external disclosures
• Enable value-add management information and reporting for executive business decision making
• Ensure that reports are of a sufficient quality and high standard. All information/data is presented as efficiently and effectively as possible.
• Consider information received from business units and translate into less complex executive summaries as needed
• Ensure that the reporting process is efficient and that duplication is avoided. Report automation is to be implemented to reduced manual processes.
• Ensure business ownership and clarity is provided to business units on minimum reporting standards.
• Alignment of qualitative information to financial statements where applicable
• Ensure a clear, concise governance process is implemented and understood by all stakeholders
• Implement an assurance process to demonstrate embedding of policies in Business
• Provide accurate, transparent and timely reporting to the managing executive and the EXCO
• Define the metrics, indicators and dashboards for reporting
• Define standards for reporting the business risk profile and risk data aggregation
• Ensure effective controls are in place over the processes for reporting
• Work with portfolio heads within Internal Audit to ensure initiatives are aligned to the overall business change agenda.
• Provide strong leadership, direction and display role model behaviors, inspiring others to work together to achieve the strategic vision.
• Build effective collaborative working relationships with key stakeholders.
   

Education and Experience:

• B.Com Hons Degree, MBA
• CA (SA) or equivalent
• 5-10 years’ experience in the Banking sector
• At least 5 years’ experience in Internal Audit
   

Knowledge and skills:

• Risk management, risk appetite and risk measurement
• Communication and presentation skills
• Ability to articulate facts and data pertaining to risk management
• Implementation of Data reconciliation, completeness and accuracy checks
• Project management
• Operational management
• Strategic planning and implementation