Senior Manager: Credit Data and Regulatory Control - VP

Empowering Africa's tomorrow, together...one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

To support the Head:
Credit Data and Regulatory Control, Credit Risk in establishing a dedicated oversight and control function in credit risk regulatory reporting to track operational performance and implement continuous improvements in data management, regulatory control and governance. Perform second line of defence activities to effectively control the quality of credit risk regulatory reporting across Absa Group.

• Maintain a full understanding of the end-to-end credit risk regulatory reporting production process (data, process, methodologies, systems, operations, controls and governance).
• Proactively engage with regulatory data production leaders across Business Units and Group functions, providing advice and challenge on data management techniques, the effectiveness and comprehensiveness of controls, and the state of the overall control and operational environment.
• Provide ongoing advice on monitoring and managing the risk and control environment in terms of best practice procedures, policies, legislative and regulatory operations.
• Drive effective engagement with data and process owners as well as other oversight and assurance partners across the full value chain of credit risk regulatory reporting.
• Develop indicators, tools, metrics and analytics that will enable senior management to understand and monitor the overall quality and accuracy of data being consumed, produced and reported in credit risk regulatory processes and identify areas for improvement.
• Develop and monitor early warning mechanisms to flag any deterioration in the risk and control environment for regulatory reporting. Proactively communicate the potential consequences to senior management.
• Prepare operational performance updates for internal governance/oversight forums.
• Implement and maintain effective governance structures within the regulatory reporting credit risk function.
• Participate in key regulatory reporting oversight committees and forums, identifying control gaps/weaknesses and share recommendations to improve.
• Provide second line review of key monthly reporting results, packs and reconciliations.
• Maintain, log and monitor key control failures and/or risk events to senior management and the operational risk team.
• Co-ordinate and contribute to the resolution of audit findings and remediation gaps in data quality, processes and controls identified by assurance partners.
• Provide training to production teams on design and implementation of effective controls and data quality validation and monitoring.
• Ensure ongoing compliance of data management practices, operational processes and controls with BCBS
  239 principles for Risk Data Aggregation and Risk Reporting and the Group's Policy.
• Drive the embedment of the BCBS 239 Principles in group credit regulatory reporting.
• Drive the successful embedment of new reporting tools and software applications.
• Review the Risk and Control Assessment and Critical Process Assessment relating to credit risk regulatory reporting.
• Partner and collaborate with assurance partners across Absa Group to ensure control testing for credit risk regulatory reporting is planned and executed effectively.
• Perform control testing and deep dive reviews when required.

• Strong technical knowledge of regulatory reporting requirements as it pertains to…