Assurance Manager

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Job Summary
To provide advice & support in the development & implementation of area of specialisation; developing high quality standards & measures to ensure that errors do not re-occur.

Job Description
Accountability: Assurance Management 20%

• Responsible for maintaining and developing in conjunction with the Head of Markets a risk profile for the Markets and PTS/PCG which includes associated evidence received from business lines such as Absa Internal Audit-AIA, ERC, RCF, GMCE and other Risk & Governance functions.
• Assist the Head of Markets by ensuring that all instances of significant risk or lack of control are properly identified, all findings are factually based and reported, root causes addressing the underlying causes, and the agreed actions are pragmatic and balanced, and reports are delivered as quickly as possible.
• Oversight on Issue Tracking and closure process to ensure that all issues are logged, tracked, and closed in a timely manner. Assist the Head of Governance and Control with compiling of the Combine Assurance plan for the business.
• Assist with the drafting of final reports for review, after ensuring they meet the required standards i.e., they display the required level of professionalism, they are risk focussed, the agreed actions and coaching deliverables are clear / understandable and practical.
• Assist the Head of Markets in presenting reports to G&C and Operational Risk and ensure their understanding and commitment to the report and action plan. Resolve issues without compromising objectivity of role performed.

Accountability: Compliance Testing, Monitoring, MI Reporting and Support 55%

• Accountable for sampling / testing (including follow ups) on more complex / high risk engagements, especially in areas of own specialisation (such as Risk & Treasury).
• Accountable for sampling / testing (including follow ups) in other areas of perceived high risk, which may well include unfamiliar risk types.
• Participate in risk-based Management Assurance workshops as required in order to identify and agree with the business the risk and controls which will form the basis of the engagement work to be undertaken.
• Responsible for integrity checks and analysing the full range of evidence and information available to identify risks and management control actions and draw well thought out reasoned conclusions.
• Responsible to produce high-quality documentation & reports to support the assurance management process. (Planning documents, work papers & reports).
• Responsible for ensuring Treasury and Markets Assurance testing is in line with risk-based engagement methodologies, including the production of electronic working papers.
• Responsible for the production of quality documentation & reports to support any remedial process.
• Support Issue Assurance on all issue closure documents submitted by the Business prior to centre submission.
• Responsible for the production of monthly and ad-hoc reporting for CIB Markets activities including client deals, turnover, new(onboarding), reactivated clients
• Assist the Head of Markets with the preparation of MBR packs, ARO GMCE packs (Global Market Control environment) and other ad-hoc packs as required
• Assist the Head of Markets with the Front Office (FO) / PTS/PCG Control Process Assessment (CPA) testing.

Accountability: Stakeholder Management and Administration 15%

• Responsible for the maintenance of accurate and up to date risk and control closure databases that correctly reflect the final recommendation issued.
• Responsible for the correct archiving of all documents following the completion of management assurance engagements.
• Have effective relationships with business management, communicating regularly.
• Understand and manage risks and risk events (incidents) relevant to the role and managing on ORMS system
• Assist the Head of Governance and Control in presenting reports to business owners and ensure their understanding and commitment to the report and action plan. Support with resolving of issues without compromising objectivity of role performed.
• Act as support to the OpCo by regularly updating the documentation / reports / trackers that are presented and support to act as Secretary to the Committee in absence of Head of Governance and Control

Accountability: Risk and Control 10%

• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Absa Policies and Policy Standards.
• Understand and manage risks and risk events (incidents) relevant to the role.

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