Rochelle Mungal

Head Of CIB Compliance Monitoring & Testing at Absa Group

Rochelle Mungal (Naidoo) has a strong background in risk management and compliance. Rochelle currently works as the Head of CIB Compliance Monitoring & Testing at Absa Group, a position they have held since April 2021. Prior to this, they served as the CIB Risk COO - Head of Governance and Operations at Absa Group from May 2017 to April 2021.

Before joining Absa Group, Rochelle worked at Standard Bank South Africa as a Product Control Manager from January 2016 to April 2017. During this time, they led the migration of the Independent Price Verification process from Market Risk to Product Control.

Their career in risk management began at Absa Group in 2009, where they held various roles. From August 2014 to December 2015, they worked as an Operational Risk Manager, responsible for developing and coordinating operational risk oversight programs. Prior to that, they were a Valuations Controller at Absa Capital from February 2009 to July 2014, overseeing the valuation of instruments held at Fair Value.

Rochelle's early experience includes working as a Quantitative Analyst at Rand Merchant Bank from February 2006 to January 2009, where they built models and curves for pricing traded instruments and validated current models. Rochelle also has tutoring experience from January 2004 to December 2005.

Overall, Rochelle Mungal (Naidoo) has extensive experience in risk management and compliance roles within the banking industry.

Rochelle Mungal (Naidoo) has a 2002-2004 BSc in Actuarial Science and Statistics from the University of KwaZulu-Natal. In 2005, they completed a BSc Honours in Financial Mathematics at the same university. In 2006, Rochelle attended the University of Johannesburg but did not attain a degree.

Links

Timeline

  • Head Of CIB Compliance Monitoring & Testing

    April, 2021 - present

  • CIB Risk COO - Head Of Governance And Operations

    May, 2017

  • Operational Risk Manager

    August, 2014

  • Valuations Controller

    February, 2009