TRAFFIC
Gauteng
Senior Risk Manager: Third-Party and Compliance Risk
Absa Bank
South African Rand . ZAR 300,000 - 400,000
Job Description
Translate Third Party and Compliance Risk strategy into a clear first line operational plan and coordinate delivery with Business Banking stakeholders and second line risk partners. Perform monthly Third Party and Compliance Risk assessments, identifying, assessing, and escalating material risks in line with risk appetite. Roll out Third Party and Compliance Risk policies and standards, conduct gap analysis and track remediation when new or updated requirements are issued. Conduct and maintain Risk and Control Assessments (RCAs) for the risk types, ensuring risks and controls are accurately identified and assessed. Validate that all risk events and incidents are correctly logged, complete, and aligned to Third Party and Compliance Risk classifications. Define, implement, and monitor Key Risk Indicators (KRIs), ensuring breaches and exceptions are investigated and addressed timeously. Coordinate and manage audit and assurance activities, including preparation of audit evidence, responses, and tracking of remediation actions. Execute all risk governance and administration activities required to support the first line risk mandate, including reporting and data quality. Provide risk insight, reporting, and trend analysis to support informed decision making by Business Banking management. Act as the Subject Matter Expert and thought leader for Third Party and Compliance Risk in Business Banking, leveraging Group and second line expertise. Ensure governance and resilience practices support uninterrupted delivery of critical customer services. Embed customer-centric risk management approaches that protect client trust and experience during disruptions Use customer insights to inform operational plans and prioritise improvements. Strengthen the cluster's ability to withstand and recover from operational shocks, enabling consistent performance. Contribute to growth planning aligned with segment and enterprise priorities. Support execution of growth strategies and operational initiatives. Track performance against growth targets and resolve delivery barriers. 6 - 10 years experience in a specific capability of importance to the bank, Experience must include developing customer-centric solutions or corporate practice development while managing stakeholders across business and/or functional areas. Exposure to digital transformation and data-driven decision-making is preferred. Strong commercialization and monetization skills with an affinity for finance Digital affinity and dexterity that leverages technology to automate and create commercial value Mindset of efficiency driven by automation, digitization and cost optimization, to create client value) Deep understanding of enterprise risk management, governance frameworks, and regulatory requirements. Expertise in business continuity planning, crisis management, and operational resilience. Strong strategic thinking and ability to translate frameworks into actionable business practices. Excellent stakeholder engagement, communication, and influencing skills.
Job Overview
Date Posted
27 Feb 2026
Salary
South African Rand . ZAR
300,000 - 400,000
Location
Gauteng, South Africa