Head Group Risk Data Management and Governance - P

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Job Summary

•Operational oversight over execution, monitoring and reporting of Group Risk’s data management and governance activities, in line with the relevant internal and external requirements.

•Operational oversight over execution, monitoring and reporting of RDARR activities, data and metrics across Absa Group, in line with the relevant internal and external requirements.

Job Description

Accountability: Data and Records Management, Maintenance and Oversight

• Support the implementation of enterprise data management capabilities, tools and technologies for the business area or function.

• Implement and embed Group-defined data management and governance policies / standards within the business area or function.

• Monitor the business area’s or function’s compliance with Group-defined data management and governance policies / standards and relevant regulations, and address gaps or deviations.

• Report on the relevant the business area’s or function’s KRIs and KPIs, as defined by the Group Head of Data Management and Governance.

• Lead the business area’s or function’s data governance councils, committees, working groups and/or forums to manage data issues.

• Represent the business area or function in Group data governance councils, committees, working groups and/or forums.

• Oversee prioritization, resolution and escalation of data issues for the business area or function.

• Lead data management and governance assurance initiatives

 

Accountability: Compliance with risk data aggregation and risk reporting (RDARR) principles and requirements

• Ensure that between the RDARR Policy and the Group Data Policies and Standards, the RDARR principles are adhered to.

• Implement and embed processes to measure, monitor, and report on data quality levels as it relates to RDARR.

• Guide the respective Data Teams executing on RDARR deliverables.

• Support tools developed or roll-out tool for ensuring RDARR compliance.

• Design and lead Issue identification, Issue Tracking and Issue Escalation & Reporting for RDARR.

• Lead assurance initiatives to assess RDARR compliance.

• Drive remediation initiatives across RDARR data teams for weaknesses identified.

• Facilitate monthly RDARR data management champion forums.

• Lead data management and governance assurance initiatives

Accountability: Assurance

• Oversee the design of the Annual Testing Plan and ensure the Controls Assurance team and other stakeholders execute the plan to ensure coverage of the key risk issues (including verification of level of compliance with the requirements of the compliance plan).

• Oversee and manage Conformance Review and Quality Assurance processes and ensure that issues and actions are tracked and solution by the Controls Assurance team and/or stakeholders.

• Act as a liaison with the regulators in tracking deliverables and onsite requirements, as well as with auditors in order to agree on appropriate scope and findings.

• Develop appropriate and relevant management information around the output of the assurance area in order to provide senior management with a clear picture regarding the issues/ actions and key risks, presenting these at steering committees and board level meetings.

• Ensure that policy or strategy decisions taken by the Executive are communicated to the correct audience in a timely manner and gauge the understanding and commitment from the audience. Periodically review the tactical plans put in place in the business unit to deliver the strategy as set out and ensure that continued focus is maintained on the key deliverables.

 

Accountability:  Strategy and Stakeholder Management

• Provide strong leadership, direction and display role model behaviors, inspiring others to work together to achieve the strategic vision.

• Build effective working relationship/information flows with key stakeholders, across Risk and within the various Businesses and Functions, regulators, industry players, service providers and internal and external audit.

• Team management – including setting team objectives, performance reviews and ongoing feedback

• Annually assess team strategy to ensure alignment to business’s and/or function’s strategy.

Experience and Education

• BSc Honours, BCom Honours, MBA, Masters .

• 8+ years risk / banking / data management / financial services environment experience.

• 5+ years’ experience in managing Risk and Control environments.

• 5+ years’ experience in leading teams.

• Experience in engaging and influencing executive level management.

• Experience in RDARR and Data Management (CRITICAL).

• Experience in assurance work.

• Experience working within SARB regulation.

Education

Bachelor`s Degrees and Advanced Diplomas: Physical, Mathematical, Computer and Life Sciences (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised