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Risk Assurance Manager

absa group Lusaka

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Check whether this older listing is still open. It has no confirmed closing date and may no longer accept applications. Browse the latest jobs in Zambia.
Employer reference

Employer and vacancy source: absa group

The original vacancy details remain available for reference. Applications are closed, so use the employer information and related searches to find active roles.

  • Employerabsa group
  • LocationLusaka
  • Employer websitezambiajobalerts.com
  • Listing sourceZambia Job Alerts
Job facts

Key details for this vacancy

Employer
absa group
Location
Lusaka
Posted
February 16, 2025
Job type
Full Time
Category
Other
This listing has expired. The original details remain available for reference, but applications are closed. Use the related searches for active vacancies.
  • Full Time
  • Lusaka

Website absa group

Job description

JOB DETAILS:
Job Summary
To maintain a robust internal control environment within the Retail Function by proactively identifying risks, conducting regular assurance reviews and testing, and establishing high-quality standards and measures to prevent the recurrence of errors and repeat findings.

Job Description
• Review & Assess Controls: Ensure that adequate internal controls are in place across all Retail cluster Department (Digital Channels, Cards, Merchant Acquiring, Transactional Banking, Assets, Customer Service, and Sky Banking).
• Ensure Compliance: Monitor compliance with internal policies, procedures, and external regulatory requirements across all Retail functions.

• Report on key findings and escalate areas of concern to senior management for further action.
• Ensure timely execution of all control exceptions identified through daily, weekly, monthly, and ad-hoc checks.
• Document and track all exceptions in the Remediation Log, ensuring corrective tasks are implemented and tracked to closure.
• Address Root Causes of control failures and ensure corrective actions are effective in preventing recurrence.
• Report major control issues and findings from the Remediation Log to the Financial Risk and Controls Manager for inclusion in the Monthly Risk & Control Pack.
• Report critical concerns to the Head of Risk, Governance, and Controls for escalation to senior management.
• Capture all risk events on Open Pages system as reported by various Retail stakeholders within the prescribed timelines..
• Ensure that all risk events are logged accurately and tracked to resolution
Education
Higher Diplomas: Business, Commerce and Management Studies (Required)

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Bachelor Degree

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