Senior 1st Line Risk Officer
Absa Towers North, South Africa
Absa Group
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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 develop tactical strategy and delivery plans, formulate associated practice and to ensure operational implementation and adoption across a single practice i.t.o. risk methodology, governance and delivery objectivesJob Description
Job Description Summary
The Risk Officer for Technology Infrastructure, is responsible for identifying, assessing, mitigating, and monitoring risks associated with technology infrastructure systems, services and products. This role is pivotal in ensuring the resilience, security, and compliance of the organization's technology platforms, aligning risk management practices with organizational and regulatory standards while enabling innovative and scalable operations.
Key Responsibilities:
Strategic Leadership and Governance
Define and implement a comprehensive risk management framework tailored to infrastructure and cloud environments.
Align risk strategies with organizational goals, regulatory requirements, and technological advancements.
Review and evaluate compliance, technology policies and procedures, technology and tools to provide insight on how to reduce technology risk.
Collaborate with infrastructure and architecture teams (Networks, Compute, Cloud, DBaaS, Mainframe and End User) to manage the specific infrastructure risk posture.
Ensure governance processes adhere to the required standards (for example: ISO 27001 and GDPR), enhancing compliance and quality assurance.
Risk Management and Mitigation
Ensure that risk is effectively managed and monitored.
Identify, assess, and mitigate risks across technology platforms, including operational, cybersecurity, and compliance risks.
Oversee incident response, disaster recovery, and business continuity efforts, ensuring resilience and rapid resolution.
Monitor vulnerabilities such as system downtime, data breaches, and third-party dependencies, implementing controls to minimize impact.
Coaching users in risk identification and assessment.
Provide appropriate and accurate risk reporting to the required stakeholders.
Review technology and security risks, internal and external, in order to help inform the 2nd line of defense.
Change and Execution Leadership
Lead multidisciplinary teams to execute strategic Risk and Audit initiatives effectively.
Manage change processes across infrastructure services to ensure seamless implementation.
Drive continuous improvement using iterative approaches to deliver measurable value and minimize execution risk.
Collaboration and Communication
Partner with IT, cybersecurity, and architecture teams to integrate risk management into planning and execution.
Provide clear and appropriate communication to the relevant stakeholders within the Absa business.
Structure communication to accommodate for technical and non-technical audiences.
Serve as the primary liaison for risk discussions with vendors and external partners.
Creation and maintenance of datasets via strategic platforms while adhering to data governance policies and procedures, and providing guidance to broader business intelligence teams to ensure uniformity and trust in golden sources of information.
Qualifications and Experience Required
Minimum 5-year experience in risk management/risk consulting and leadership preferably within a technology environment.
knowledge of technology infrastructure preferred
Proven expertise in managing and mitigating risks in large-scale IT environments, including on-premises, cloud, and hybrid systems.
Bachelor’s degree in Computer Science, Information Technology, Risk Management, or a related field.
A Master’s degree or certifications such as CISSP, CRISC, CISM, or ITIL is highly preferred.
Key Competencies
Strategic thinking and visionary leadership
Technical and risk acumen in IT Infrastructure
Stakeholder management and collaboration
Crisis and incident management expertise
Regulatory and compliance knowledge
Innovative problem-solving
Planning and organising – Be able to develop clear, efficient and logical approaches to address issues and risks.
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)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
* Salary range is an estimate based on our InfoSec / Cybersecurity Salary Index 💰
Tags: Business Intelligence CISM CISSP Cloud Compliance Computer Science CRISC GDPR Governance Incident response ISO 27001 ITIL IT infrastructure Mainframe Monitoring Risk management RMF Strategy Vulnerabilities
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