Job Opportunities at Absa Group Limited (Absa)

Job Summary

The Group Data Privacy Office is responsible for ensuring compliance with Data Privacy and Data Protection requirements in all the Jurisdictions Absa operates. The role would serve to provide guidance and support to the various internal stakeholders on Data Privacy requirements and ensure the organization is complainant with all applicable data protection and privacy prescripts.

This role will drive the institutionalisation and embedment of a Data Protection Culture across the Group by assisting the Group Privacy Office in creating awareness, supporting, and guiding Business in the implementation of Data Privacy Policies and Standards and relevant Privacy legislation applicable to Absa Group LTD.

Job Description

Accountability

• Assist the Africa Regional Privacy Officer supporting ASUK, ASUS, Mauritius, Seychelles, Uganda, Nigeria, Ghana, Kenya, Botswana, Zambia (current Privacy laws in place) with Data Privacy Compliance accountability obligations.
• Assist ARO in the engagement with data owners on centralizing records management, records lifecycle management, data architects and the development of a processes for effective data destruction and retention.
• Support the Senior Privacy Officer (SPO) in the enablement of compliance with data privacy & data protection regulations.
• Foster a data protection and privacy culture within the organization.
• Assist the SPO conduct data privacy impact assessments for the Group’s products, projects, and processes.
• Partner with Business and Technology to ensure data privacy issues are considered at the outset of new projects, products, and initiatives.
• Monitor the evolving data privacy regulatory landscape to keep visibility on trends, and best practices to adequately address current polices or standards.
• Inform and monitor the Absa Group Limited Data Privacy risk appetite and changes to it.
• Assist in the development and maintaining of an appropriate operating model to ensure that the data privacy policy and standards requirements are implemented within Business with adequate oversight from the Group Privacy Office.
• Assess the risk on all requests for dispensations, waivers, and breaches, and escalate to the Principal Risk Officer for consideration.
• Participate in investigations, reviews, approvals, incidents, and exceptions to address matters impacting the risk.
• Assist in the development of the process for the identification and assessment of all severity incident breaches within Absa Group Limited.
• Administer the Group Data Privacy Data Subject Access & PAIA requests.

Oversight & reporting

• Monitor compliance with data protection regulations and Group policies
• Support the data incident response and data breach notification procedures
• Timeously validate and respond to data subject requests
• Assist in overseeing data privacy incident, breach procedures and response, including investigation, documentation, reporting, maintenance of records and the implementation of corrective action.
• Assist in the management of and reporting on the status of data privacy risk to internal and, where relevant, external stakeholders, including regulatory bodies.
• Keep up to date and maintain the Group Risk Framework and identify and warn the business and the Compliance Executive Committee of emerging risks. Develop the methods to manage risks, by providing actionable intelligence.
• Promote and communicate the embedment of compliance throughout the organisation and oversee the development and implementation of high-quality compliance policies and standards.

Management and Leadership

• Develop the capability through internal and external networks, research, and tools to identify emerging risks and potential enhancement of the Risk Framework and Data Privacy Policy.
• Assist in the Developing and implement policies, procedures, and systems to ensure efficient and effective identification and assessment of Data Privacy risks
• Promote the cultural, behavioural, and organisational changes necessary within the business to achieve continuous improvement.

Accountability: Stakeholder management

• Act as an ambassador with colleagues, regulators, and other stakeholders with a view to establishing a leading function within the organization. Monitor and report progress with advancing ethical culture with regard to maturity model.
• Assist in implementing corrective actions from ethics culture and climate monitoring report.
• Ensure that all Absa’s polices, processes, and systems are aligned with and in support of the Absa Way Code of Ethics.
• Interpret the Absa Way Code of Ethics and supporting policies and provide ethics advice and recommendations.
• Monitors evaluate and report adherence to ethical standards and procedures.

Relationship, Teamwork and Collaboration

• Build professional relationships with stakeholders by providing professional knowledge on ethics and corporate governance.

Education

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

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Job Summary

Ensure that all activities and duties relating to group risk appetite are carried out in full compliance with regulatory requirements, the Enterprise Risk Management Framework (ERMF), the Group Risk Appetite and Stress Testing Frameworks. Understand and manage risks relevant to the role and associated processes.

Ensure that risk appetite processes and activities uphold and support the achievement of a satisfactory control environment.

Job Description

In this role, the candidate is expected to

• Participate and support the embedment of the group risk appetite framework across risk types, business units and legal entities.
• Participate and support the risk appetite setting, allocation and monitoring processes of the group.
• Engage and collaborate with stakeholders across risky types, legal entities and business units to ensure the cascade of risk appetite and associated monitoring, reporting and escalation processes.
• Drive the delivery of change initiatives relating to the enhancement of risk appetite reporting and analytics.
• Participate and provide group risk appetite input into key internal strategic and regulatory processes (including the ICAAP, ILAAP, PA submissions etc.).
• Support group-wide stress testing processes with specific focus on testing the calibration of risk appetite and identifying vulnerabilities in the group’s aggregate risk profile.
• Ensure continuous alignment between the risk appetite framework and other enterprise-wide frameworks (e.g. ERMF, recovery and resolution, stress testing)
• Review dispensations, waivers and breaches raised against the group risk appetite framework
• Ensure that regulatory changes and industry best practices are considered in the risk appetite framework and statements.
• Keep abreast of industry developments and emerging risks to mitigate potential impacts to risk appetite.

Education

• Bachelors Degree and Professional Qualifications: Business, Commerce and Management Studies (Required)