Analyst, Operations Control job at Standard Bank

Job Overview

Partner with and support stakeholders across Operations to implement, monitor, and manage a robust control environment that ensures regulatory compliance, strengthens operational resilience, contains losses, and minimizes non-financial risk.

Job Description

• Implement end-to-end Control frameworks and tools within assigned Operations team and monitor to ensure reporting is complete and accurate, control data sets correctly reflect the control environment and the underlying Control process supporting the control framework is operating optimally.
• Proactively monitor, track and remediate risks. Implement and track KRIs within end-to-end assigned operations team to measure risk and identify trends to enable early identification and remediation / mitigation of risk.
• Incident Management: Detect and investigate Control failures (process and operational failures relating to materiality levels 4 and 5), capture and enrich information, escalate issues, conduct root cause analysis and failure remediation to prevent re-occurrence
• Provide Specialist Control knowledge and guidance to assist the assigned Operations Team to interpret Controls analysis and reports, effectively implement Controls Frameworks and tools and contribute to Controls assurance.
• Gather and analyse relevant data, perform trend analysis via monthly dashboards and other reporting mechanisms to provide early identification of potential risks and trends and share insights within Operations Control and stakeholders within assigned Operations Team.
• Support Operations Teams to understand and implement Control Frameworks and build their ability to identify and mitigate risk.

Qualification

Bachelor’s degree or equivalent experience in Control, Risk and Audit Management or related field

Experience Required;

3 - 4 years of experience in Banking Operations, Risk Management, or related areas.

3 - 4 years Strong understanding of banking products, processes, and operational frameworks

3 - 4 years working with in MS Office Applications: MS Word, MS Excel, MS Access, MS Project.

Strong understanding of banking products, processes, and operational frameworks

Additional Information

Behavioural Competencies:

• Articulating Information
• Challenging Ideas
• Documenting Facts
• Embracing Change
• Upholding Standards

Technical Competencies:

• Risk Management and reporting (methodologies, tools, and governance practices).
• Proficient in MS Office (Excel, Word, PowerPoint).
• Evaluating Risk Management Effectiveness
• Process Management
• Product Knowledge (Business and consumer Banking)

• Implement end-to-end Control frameworks and tools within assigned Operations team and monitor to ensure reporting is complete and accurate, control data sets correctly reflect the control environment and the underlying Control process supporting the control framework is operating optimally.
• Pro-actively monitor, track and remediate risks. Implement and track KRIs within end-to-end assigned operations team to measure risk and identify trends to enable early identification and remediation / mitigation of risk.
• Detect and investigate Control failures (process and operational failures relating to materiality levels 4 and 5), capture and enrich information, escalate issues, conduct root cause analysis and failure remediation to prevent re-occurrence
• Provide Specialist Control knowledge and guidance to assist the assigned Operations Team to interpret Controls analysis and reports, effectively implement Controls Frameworks and tools and contribute to Controls assurance.
• Gather and analyse relevant data, perform trend analysis via monthly dashboards and other reporting mechanisms to provide early identification of potential risks and trends and share insights within Operations Control and stakeholders within assigned Operations Team.
• Support Operations Teams to understand and implement Control Frameworks and build their ability to identify and mitigate risk.

• Risk Management and reporting (methodologies, tools, and governance practices).
• Proficient in MS Office (Excel, Word, PowerPoint).
• Evaluating Risk Management Effectiveness
• Process Management
• Product Knowledge (Business and consumer Banking)
• MS Office Applications: MS Word, MS Excel, MS Access, MS Project.

• Bachelor’s degree or equivalent experience in Control, Risk and Audit Management or related field