Job DescriptionTo deliver an annual assurance plan ensuring regulation, policies and procedures are being applied appropriately by completing deep dive, thematic and monitoring reviews right across the bank through a team of risk assurance specialists.
Development and facilitation of comprehensive, well-considered risk assurance plans that cover the assessment of key controls, large or complex projects, health checks triggered by external events or identified hotspots for control weaknesses across the Invest Pillar.Preparing, agreeing, implementing, and monitoring an assurance map in line with the requirements set out in the FirstRand combined assurance standard.Assurance planning is to be carried out in combination with other assurance providers, including compliance, operational and IT risk, MCoE, ERM, internal audit and external audit. Through continuous engagements with audit, ensure that the combined assurance model remains well-functioning and robust.To effectively execute combined assurance engagements during the financial period, it is important that the impacted areas for review are identified, and coverage areas are specifically allocated.Plan, perform and report on due diligence reviews.Plan, perform and report on continuous quality assurance reviews.Ensure that findings arising from these reviews and reviews from Group Internal audit are tracked through to resolution.Develop and maintain a risk-based approach which will be used by the Quality Assurance team in performing reviews.Develop Process, Risks and Controls Matrices (PRCMs) and working papers that will be followed by the Quality Assurance team.Develop and maintain a quality assurance methodology which will govern how reviews are conducted.Review quality assurance reports completed by the Quality Assurance team and ensure that the reports are of the required quality.Act as an internal trusted compliance adviser to various business stakeholders.Participate in Group risk forums where required and cascades relevant information through team.Use the insights gained through integrated business reports to measure success and realign tactical strategy implementation objectives appropriately.Maintain expert knowledge on relevant legislative amendments, industry best practices and provide advice to relevant stakeholders.Identify development needs and select effective solutions to address own and employee development needs to facilitate improvement of self and team.Create an environment conducive to cross-functional skills transfer.Ensure that skills are transferred in specific function.Minimum Requirements:Qualification: Degree in Legal, Risk or AuditYears of experience: Minimum 8 yearsIndustry: Financial Services, preferably banking
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