Consultant Anti-Bribery & Anti-Corruption

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

Job Description

• Ensure that all published policies and standard irrespective of last review date, remain in place, effective and auditable.
• Actively partner and collaborate with Third-Party teams to ensure that there is alignment between the Group Third-Party Policy and Third-Party ABC Standard
• Facilitate annual refresh of third parties are completed. Move from “periodic refresh” to “always fresh reviews.
• Ensure that additional assurance (as and when required) to address any material gaps or to gain a higher level are performed to gain comfort over that provided by Assurance Providers.
• Develop a training and awareness program for relevant stakeholders (business) including Group Functions.
• Collaborate with stakeholders on cases relating to complex ABC risk matters from the first- or second-line defense teams.
• Build strong partnerships and collaborate with Group functions and businesses.
• Have a clear and full understanding of all intermediaries (including TPPP’s) that are onboarded as well as the services that they will be providing to the bank.
• Prepare and provide quality effective Enhanced Due Diligence and include mitigants of how the threats have been addressed. This must include end to end assessment of how effective in identifying and mitigating financial crime risks and threats.
• Conduct anti bribery and corruption risk assessments across the system and respond to line of business inquiries regarding policy and regulatory compliance.
• Drive continual enhancements of the firm-wide ABC Compliance Programme
• Handle the disposition of ABC pre-clearance requests, including advising, reviewing, and approving/rejecting business high-risk expenditures, third parties, hiring practices requests.
• Deliver anti-bribery and anti-corruption training and more generally raising awareness across the bank.
• Collaborate with the advisory teams and other control functions within the bank and management in all lines of business.
• Monitor the changes in anti-bribery and anti-corruption laws and regulations
• Support periodic risk-based reviews of ABC related internal controls across various processes and functions
• Ensure that high risk due diligence reviews are completed within the prescribed review cycle to comply with the Bank’s policy and all applicable regulatory requirements.
• Ensure enhanced due diligence investigations are completed; analyzing due diligence data and identifying possible risks; collaborating with business owners to discuss findings, risks, and possible mitigating measures.
• Review contracts with the Third party to ensure contracts comply with the Anti-Bribery and Anti-Corruption compliance requirements.
• Maintain constructive regular engagement with relevant stakeholders, including business, infrastructure and regulators.
• Provide accurate and timely compliance and regulatory advice to the business as a second line of defense.
• Manage new regulatory requirements by evaluating regulations (local and international) identified as relevant to the business and provide an impact analysis relevant to the business.
• Address impacts, including policy amendments, business notifications and provision of training.
• Keep Business appraised of notifications distributed by the regulator impacting the business.
• Analyze Key Indicators to identify trends and emerging risks.
• Utilize the optimization data to apply integration (cross banked individuals that have an impact on third-parties) to enhance the detection of bribery and corruption activities by using data analytics to identify irregular activities impacting the bribery and corruption profile leading to effective risk management and decision making.

Requirements and Qualification

• Legal or Governance, Risk management, Investigations or Compliance qualifications or Degree in Financial Crime Compliance or equivalent.
• Minimum of 3 years’ experience, preferably in operational risk / Compliance and a combination of banking background.

Education

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