Markets Front Office Risk and Control - Sandton at Absa Group Limited (Absa)

Job Summary

• CIB Global Markets Front Office Risk & Controls function (First line of defence) has been established to support the Front Office businesses in proactive risk management and managing the relevant Supervisory risks and controls. We are seeking to appoint an experienced candidate to join the team specifically supporting Risk and Controls for the Global Markets South Africa (SA) business. The Successful candidate will be responsible for key deliverables including supporting the Supervisory Framework, MI reporting & analysis, lead the execution of Conformance and Targeted Reviews; Issue Management as well as Risk and Control Assessments.
• This role is suited to a candidate with a Bachelor degree and a minimum of 3-5 years in an Investment Banking environment. The candidate must have a working knowledge of the Global Markets environment and product as well as sound understanding of the internal control framework. Experience in Markets Operations, Traded Market Risk or Product Control will be beneficial. Additionally, the candidate must be skilled in stakeholder management and effective communication.

Job Description

Overall Job Purpose

• Partner with the business and other lines of defence to ensure the embedment of risk management and governance frameworks into business processes within Front Office (FO).
• Perform the end to end risk management function for assigned business units i.e. Risk and Control Inventory (RACI), Key Risk Indicators (KRI), Risk Events, Issue Management, Reporting, Procedure Process Management and Control Testing, etc.

Education and Experience Required

• Degree
• Knowledge of risk frameworks
• Minimum of 3-5 years detailed business risk officer knowledge and experience aligned to Markets
• Global Markets product and process knowledge would be beneficial.
• Knowledge and understanding of the current regulatory environment that CIB operates in.

Knowledge & Skills:

• Presentation skills
• Communication skills
• Networking skills
• Evaluation skills
• Risk Management

Competencies:

• Strong written and verbal skills.
• Excellent work ethic and precise attention to detail.
• Ability to take initiative and to take ownership of deliverables.
• Ability to work independently with minimal supervision.
• Ability to communicate simply and effectively and work well in a team.
• Ability to share ideas, listen and take on board other’s ideas. 
• Willingness and desire to learn and grow.

Education

• Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)