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Governance and Control Support Officer

Absa Bank

This is a Full-time position in Zambia posted 29/03/2022.

Absa Bank Carreer opportunities in Zambia Governance and Control Support Officer Jobs opportunities in Zambia at Absa Bank

# Job Description

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

• To support the Governance and Control Manager in managing issues on
governance and compliance. Also acts as liaison with Compliance Department on
Compliance, control, and regulatory issues
• The Jobholder will be responsible for reconciliation of all Corporate
Banking profit and loss and balance sheet accounts; providing a check on
product account owners to ensure account balances are substantiated and
reconciled as appropriately in a timely manner
• Escalate exceptional items picked during daily reconciliation to the
Governance Manager and Finance Business Partner
• The Jobholder will primarily be responsible for supporting the Governance
Manager with the monitoring and enforcement of the control framework, making
recommendation on continuous improvement of the overall control environment,
and positively driving business performance
• Supports the Governance Manager in running Corporate Banking KYC, support
unit.
• Prepare and issue team circulars and communiques within Corporate Banking
relating to all control and governance information.

Job Description

Risk

–>Escalate key control frame works to adapt the changing business needs
–>Partner with Regional control/Governance teams in performing risk and control reviews
–>Coordinate submission month end reports to support units
–>Assistant Governance Manager in tracking or risk and issues logs and ensure remediation with stake holders
–>Support the Governance Manager in ensuring the BCM plan is updated and actioned
–>Ensure correct segment and portfolios alignment
–>Interpret Bank policies and procedures and ensure that all team members comply
–>Track and challenge team managers to timely close remediation and audit findings
–>Escalate key control frame works to adapt the changing business needs
–>Partner with Regional control/Governance teams in performing risk and control reviews
–>Coordinate submission month end reports to support units
–>Assistant Governance Manager in tracking or risk and issues logs and ensure remediation with stake holders
–>Support the Governance Manager in ensuring the BCM plan is updated and actioned
–>Ensure correct segment and portfolios alignment
–>Interpret Bank policies and procedures and ensure that all team members comply
–>Track and challenge team managers to timely close remediation and audit findings
–>Co-ordinate KYC, AML and sanctions screening reviews to ensure compliance
–>Provide support in conducting RCSA testing and review refreshes
–>Support Governance Manager as a mediator for risk issues with the function and cross functionality
–>Ensure that reconciliations are done per banks’ laid down procedures and unresolved outstanding items reduced to a minimum.
–>Ensure submission of the weekly control dashboard to the Governance Manager
–>Draft and Submit Control reports to Control forums and ensure that all actions are actioned timely.

Reconciliation of Internal Accounts

–>Daily reconciliation of applicable suspense, P&L accounts and balance sheet accounts
–>Provide daily MI of exceptional items identified during reconciliation
–>Investigate and follow up on all reconciliation of outstanding items
–>Escalate items at risk to the management team
–>Review reconciliation process and recommend process improvement
–>Provide an independent check for UN07 reconciliations for the Corporate Service Centers
–>Ensure Consigno attestations and all UN07 reconciliations are submitted on time with all supporting evidence attached as per policy requirement
–>Work with Head Transactional Banking to validate transactions processed for income validation purposes
–>Investigate and validate all manual transactions on Profit and Loss and Balance sheet accounts business outcomes are achieved.
–>Have a robust stakeholder management approach in order to effectively monitor and enhance the control framework in response to the changing business environment.
–>Flag and report income leakage identified during reconciliation process.
–>Co-ordinate periodic snap checks and quality assurance checks
–>Co-ordinate and supervise KYC, AML & Sanctions screening reviews to ensure compliance.
–>Ensure correct segment and portfolio alignment

People Management

–>Establish working relationships with key teams for smooth management of operations; this includes but not limited to:

–>Compliance, Product, Customer Service, Finance, Reconciliations, Treasury and Corporate Credit

–>Assist the development of reconciliation process for new product developments where required
–>Help review existing implementation processes, develop and communicate best practices to maximize efficiency
–>Pick out focus themes and issues from other countries and regional audits ,formulating best practice ,sharing sessions that proactively address and build rigor around identified audit/Compliance concerns

Higher Certificates and Advanced National Vocational Certificates: Business,
Commerce and Management Studies Required

Apply Online Now



URL:: Link to Apply

[ **Submit your CV and Application on Company Website : Click Here**
]https://absa.wd3.myworkdayjobs.com/en-
US/ABSAcareersite/job/Lusaka/Governance-and-Control-Support-
Officer_R-15929501-1

**Closing Date** : 15th April. 2022

Absa Bank Carreer opportunities in Zambia Governance and Control Support Officer Jobs opportunities in Zambia at Absa Bank

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