Head: Client and Product Onboarding Governance Risk & Control (CIB)

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.

Job Summary

Are you a strategic leader with a passion for governance, risk management, and internal controls? We are seeking a dynamic Head of Governance, Risk & Controls for our Client and Product Onboarding (CIB) team. This role is pivotal in designing, implementing, and overseeing our governance framework, risk management strategies, and internal controls related to customer and product onboarding processes.

Job Description

Key Responsibilities:

• Risk & Control Framework: Implement and manage risk management frameworks (AML, ABC, Sanctions, Fraud, Privacy, etc.) and embed controls within onboarding functions.
• Risk Management: Support teams in identifying, assessing, and managing risks, and monitor the risk profile of onboarded customers.
• Governance Framework Enhancement: Enhance and maintain a robust governance framework, conduct gap analysis, and develop standardized processes.
• Assurance & Compliance: Ensure quality assurance activities and compliance with tax regulations (FATCA CRS, etc.).
• Stakeholder Collaboration: Build relationships with key stakeholders and integrate governance practices into strategic planning.
• Reporting & Performance Monitoring: Prepare and report on risk metrics and governance reports for management review.
• Control Environment: Maintain an effective control environment and ensure compliance with regulatory requirements.
• Regulatory Compliance: Ensure onboarding processes meet global and local regulatory standards.
• Leadership and Culture: Foster a proactive and collaborative approach to onboarding oversight and champion a culture of integrity and accountability.
• People Management & Development: Lead and develop the team, ensuring professional growth and a positive team environment.
  
  

Qualifications

• Education: Bachelor’s degree in Finance, Accounting, Law, or a related field.
• Experience: 3-5 years in audit, risk management, control, or governance within banking or financial services. Experience in Financial Crime, Customer and Product Onboarding is advantageous.
• Skills: Strong understanding of risk frameworks, compliance regulations, and governance structures. Excellent communication and leadership skills.
  
  

Education

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