African Bank Jobs

To apply, click on the link at the end of the posts and all the best with your applications.

Project Administrator: IT

Designation:	STRAPCO003 – Project Administrator: IT
Category:	Middle Management
Posted by:	African Bank
Posted on:	31 Jul 2024
Reference Number:	STRAPCO003
Closing date:	07-Aug-2024
Position Type:	Permanent
Location:	Midrand Campus
Workplace:	Strategy and Research (STRA)

Project administration
Coordinate with Properties, project managers and HOP/RM requirements.
Collect previous lessons learnt
Obtain final signoff of the layouts / plans
Obtain quotes for all different disciplines
Coordinate compliance of AB brand guidelines with marketing to ensure to adherence to Corporate Identity
Monitor CAPEX budget vs actual
Issue of order numbers to various disciplines in terms of the construction programme and ensure adherence thereto
Liaise with field support / project team
Minute decisions and actions in meetings and follow up of action items
Development of presentations
Compilation of reports
Investigation and documentation of project change impacts to the business, plan, cost and quality
Setup and maintenance of project files
Maintaining a central project filing system and information library in hardcopy and / or electronic
Booking of venues and ordering of refreshments as applicable
Establishing and implementing project administrative processes
Contract Management
Develop and maintain internal systems to support internal audit
Data collection, capturing and distribution

Tracking and Monitoring
Tracking and monitoring of schedule, cost, scope, quality, resources and/or sequence of events.
Deliverables are met and also meet the quality criteria
Assist in logging, tracking and resolving risks and issues

Manage Costs
Project financial administration
Finalisation of actual cost per project
Manage and monitor that projects are executed within the allocated budget
Collect actual costs on on-going basis and forecast.
Reporting of variances

Detailed programme
Update and distribute to all relevant stakeholders on a weekly basis

Maintenance
Ad hoc assistance to PM/RM’s

Customer
Create and maintain productive relationships with internal and external clients by providing advice and assistance
Create understanding of the ‘real’ versus ‘perceived’ need through experience and expertise while complying with company polices legislation and regulations
Keep the client informed about progress through written communication, telephone communications and/or face to face meetings
Build a positive image by exceeding client expectations at all times
Treat internal and external customers fairly at all times

Nature 1:
Assists the Project Managers during the development of projects from commencement to completion. Assists with the monitoring and tracking of progress of the projects and assists the Project Managers with the documentation. The projects could be associated with any discipline e.g. construction, property, engineering, information technology et cetera.

Motivation:
KEY PERFORMANCE AREAS
Behavioural (COMP)
Ability to multi-task
Ability to work under pressure to tight deadlines
Accuracy
Analysing
Attention to Detail
Coping with Pressures and Setbacks
Deciding & Initiating Action
Delivering Results and Meeting Customer Expectations
Leading and Supervising
Networking
Planning and Organising
Presenting and Communicating Information

Minimum Education

• Grade 12 and preferably a diploma or certification in Project Management as an added advantage

Minimum Experience

• 2 years experience in project management

Technical (COMP)

• Ability to manage multiple tasks
• Interpersonal Skills
• Problem solving
• Sense of Urgency
• Service / Customer Focus
• Team Orientation

Sales Consultant

Designation:	PE Motherwell Centre – 1310SCS005 – Sales Consultant
Category:	Clerks
Posted by:	African Bank
Posted on:	29 Jul 2024
Reference Number:	1310SCS005
Closing date:	03-Aug-2024
Position Type:	Permanent
Location:	Port Elizabeth
Workplace:	Port Elizabeth Motherwell Centre (1310)

Overview:
1 – Sales Focus- Achieve customer growth, revenue and collections targets as defined by the bank

• Meet and exceed individual activity metrics for all product lines
• Meet, exceed and effectively execute on all Sales & Customer targets as set by the Bank
• Effectively execute the Banks sales strategy in respect of Product & Value Added Services(Up Selling, Cross Selling & Capital Take Up)
• Outbound calling to target both existing and prospective customers
• Convert all sales opportunities received through inbound customer requests, outbound calling, lead generation initiatives and customer queries
• Establish, develop and maintain business relationships with existing and prospective customers to generate new business
• Participates in cross selling bank products.
• Maintain detailed tracking of pipeline management and of prospect data and activities
• Set up in person visits, appointments and presentations, following up telephonically where necessary
• Conduct a professional financial needs analysis to make a needs based analysis that may lead to a sale
• Scheduling customer feedback for obtaining documents and progress updates
• Adhere to Supervision requirements set out by Line Manager for all financial products
• May prepare weekly, monthly and quarterly reporting and present results to management
• Ensure effective Cash Management as and when required with approved authorization.
• Ensure effective CAM Management as and when required with approved authorization
• Ensure effective management of Credit Card Administration & Fulfilment as and when required with approved authorization
• Ensure accountability for your own results

2 – Marketing Focus
• Keep abreast of products and services, competitive activities, advertising and promotional trends in and around your branch
• Identifying referral opportunities in and around the branch
• Assists the branch in meeting goals by generating new business through marketing activities, promotions, telemarketing and targeted customer initiatives
• Participates in events that demonstrate support for the community and increase business opportunities for the Bank
• Ensure all marketing endeavours, activities and initiatives adhere to appropriate policies and procedures

3 – Risk & Compliance Focus
• Ensure deal quality is a premium by reviewing and completing product applications with the customer timeously and accurately utilising all the necessary Bank tools and training to mitigate risk (Biometrics & Fraudulent Indicator Identification)
• Comply with all policies/procedures related to all customer interactions and engagements
• Ensure compliance with all regulatory requirements and the Banks compliance policies related to these requirements
• Ensure the reporting of certain incidents and instances required in terms of regulatory requirements(AML)
• Ensure the reporting of all fraudulent behaviour incidents and fraudulent indicator instances via the correct fraud and dishonesty reporting channels
• Ensure effective execution of a “zero defect” prerogative in terms of the Deal Quality Error Rate
• Ensure effective execution of a “zero defect” prerogative in terms of the Capturing of Income & Expenses Error Rate
• Ensure compliance with FAIS journey inclusive of RE qualification parameters and guidelines as set by the Bank(Own)

4 – Customer Service
• Ensure compliance with the Banks Customer Service Standard and relevant legislation
• Ensure compliance with TCF principles
• Ensure accountability for your own behaviours while helping team members to enhance their ability to engage with the Banks customers
• Ensure you satisfy all the Banks customer’s financial needs and help them succeed financially
• Ensure accountability for application quality and turnaround times, query resolutions and solution creation for the Banks Customers

5 – Training & Development
• Responsible for ensuring you receive on-going sales/service development training for deficiencies as highlighted in your developmental/coaching plans
• Responsible for participation in and successful completion of all product and services training and developmental initiatives that have a bearing on your on-going
value proposition to the Banks customers
• Responsible for 100% participation in and successful completion of risk and compliance training initiatives that have a bearing on your on-going value proposition to
the Banks customers and additional regulatory, statutory and compliance obligations of the Bank

6 – Operational Activities
• Responsible for ensuring compliance with all security and safety procedures within the branch including opening and closing procedures, camera surveillance where
appropriate. Branch security, robbery, fire drill procedures and health and safety procedures and SOP’s.
• Perform other admin related duties as may be required by Management and Leadership structures of African Bank.

Nature 1:
To promote and sell the Bank’s product bouquet to clients through sales activities in a responsible manner. Responsible for sourcing and developing new contacts/prospects and sales leads through the Bank’s internal leads campaigns and your own referrals.

Nature 3:
Motivation:
KEY PERFORMANCE AREAS
Behavioural (COMP)
Delivering Results and Meeting Customer Expectations – Entry Level
Following Instructions and Procedures – Entry Level
Persuading and Influencing – Entry Level
Presenting and Communicating Information – Entry Level
Relating and Networking – Entry Level
Working with People – Entry Level

Minimum Education

• NQF level 6 (FSB Recognized)
• RE5

Minimum Experience

• 2 – 4 years sales and client service experience
• Full Rep in all Product Categories

echnical (COMP)

• Accuracy and speed – Entry Level
• Administrative skills – Entry Level
• Client Focus – Entry Level
• Selling Skills – Entry Level

Senior Financial Analyst: Financial Engineering

Designation:	GRCRMAN011 – Senior Financial Analyst: Financial Engineering
Category:	Professionals
Posted by:	African Bank
Posted on:	29 Jul 2024
Reference Number:	GRCRMAN011
Closing date:	05-Aug-2024
Position Type:	Permanent
Location:	Midrand
Workplace:	Group Risk Credit (GRCR)

Overview:
Treating customers fairly and compliance
Create and maintain productive relationships with internal and external clients by providing advice and assistance
Create understanding of the ‘real’ versus ‘perceived’ need through experience and expertise while complying with company policies, legislation and regulations
Keep the client informed about progress through written communication, telephone communications, and/or face-to-face meetings
Build a positive image by exceeding client expectations at all times
Treat internal and external customers fairly at all times

Portfolio Modelling and Simulation
Implement financial models to support risk assessment, pricing, and forecasting
Ensure the building and maintenance of IFRS, Fair Value and Economic Capital models
Ensure that all models are aligned to IFRS and BASEL requirements
Ensure models are up-to-date with current market conditions and regulatory requirements
Ensure that all models are calibrated and approved by the Model Risk Committee in accordance with the requisite frequency
Conduct back testing and stress testing
Maintain and document changes made to the models
Assess impact changes has on the models and overall ECL impact
Ensure that model documentation is up to date and in line with minimum documentation standards
Formulate and document findings/results in a timely, accurate and professional manner

Reporting, Attending and Presenting at Various Committees
Providing senior management with monitoring reports that outline and detail model performance and stability
Produce detailed reports on various risk exposures, including credit, market, operational, and liquidity risks
Ensure that version control and best practice governance is adhered to at all times
Report on Impairments monthly and ensuring that packs are produced in a transparent, easy to understand manner
Formally present findings if and when needed at various committees
Submit monthly constitution to the credit pack
Communicate complex financial concepts and model outputs to non-technical audiences

Data analysis and Processes
Analyse large datasets to extract actionable insights
Interpret financial data to identify trends, opportunities, and potential risks
Use tools like Tableau, Power BI, or Excel to create visual representations of data for clearer communication
Create and maintain automated processes that:
Gathers relevant data
Ensures data accuracy
Applies financial forecasting models at an account level
Aggregates the results
Generates reports, and
Distributes results to all relevant parties
Work with internal and external auditors in review processes and address any issues found timeously and accurately

Ad hoc 
Provide business stakeholder with guidance based on advanced modelling, if and when required, in order to ensure initiatives are rolled-out and managed effectively
Conduct research on financial markets, instruments, and new modeling techniques
Stay updated on industry trends and advancements in financial engineering

Nature 1:
To perform advanced financial modelling by developing statistical models that can be used to quantify the correlation between risk and overall portfolio dynamics (i.e. migrations, volume/balance transitions between the respective collections states, overall risk emergence, etc.); cash-flow forecasting on existing and expected new sales portfolios. Responsible for maintaining complex financial models and tools that support various banking operations, including risk management, asset valuation, and portfolio management. Ensure the automation, monitoring and governance checks of models, strategy, budget variances and operational key metrics.

Nature 3:
Motivation:
KEY PERFORMANCE AREAS
Behavioural (COMP)
Analytical thinking
Initiative
Self-starter
Strategic thinking
Resilience
Proactive
Collaborative
Delivering results
Attention to detail
Taking Initiative

Minimum Education

• Bachelor’s Degree in Finance/ Mathematics/ Financial Engineering/ Statistics or related qualification

Minimum Experience

• Minimum 3+ years’ experience in quantitative/statistical modelling in the financial or banking sector. Working knowledge of financial statements
• IFRS9 experience required.
• Experience to Vehicle and Asset finance or Home Loan exposures will be beneficial

Additional (COMP)

• Proficiency in preparing detailed, accurate, and concise reports and documentation
• Strong collaboration and teamwork skills, with the ability to work effectively with cross-functional teams
• Commitment to staying current with industry trends, new technologies, and advancements
• Project management skills
• Understanding /Interpreting of financials

Critical Competencies

• Understanding of relevant labour laws, banking regulations, and compliance requirements
• Expertise in building, testing, and validating complex financial models for risk assessment, pricing, and forecasting
• Ability to apply statistical methods and techniques to analyse financial data and model performance
• Understanding IFRS9 modelling techniques including cash flow forecasting models include PD, EAD, LGD, EIR and Fair Value amongst others
• Ability to break down complex problems and develop strategic solutions
• Ability to identify, analyse, and resolve complex financial issues using logical and structured approaches
• Meticulous approach to verifying data, models, and results to ensure reliability and integrity
• Proficiency with database systems (e.g., SQL) and data manipulation tools
• Knowledge of the following Software: o MS Office, with Advanced EXCEL skills o SQL o SAS o PowerBI o Python
• Strong programming and automation skills
• Business Acumen
• Corporate finance knowledge
• Understanding of Financial Statements
• Presentation skills
• Report writing skills

Project Manager

Designation:	EXBBPMA002 – Project Manager
Category:	Professionals
	Senior
Posted by:	African Bank
Posted on:	31 Jul 2024
Reference Number:	EXBBPMA002
Closing date:	08-Aug-2024
Position Type:	Permanent
Location:	Midrand Campus
Workplace:	Executive Business Banking (EXBB)

1 – Project Management
-Planning and Scoping
-Identify key stakeholders and build on these relationships.
-Interact with Business, value chain enablers and customers to ensure that the business requirements and objectives are clearly defined.
-Translate business requirements and objectives into detailed project plans, specifying goals, strategy, staffing, scheduling, identification of risks, contingency plans, allocation of resources and cost estimation.
-Ensure that the scope of the project, related business requirements and technical. requirements are reduced into writing and signed-off by the respective stakeholders.
-Adjust schedules and plans to keep the plan updated.
-Project Execution
-Execute project work plan and revise as appropriate to meet changing needs and requirements.
-Track and monitor project deliverables to the project plan.
-Co-ordinate and facilitate regular status meetings with the partner and project team members.
-Effectively apply business methodologies and enforce project standards.
-Provide ongoing feedback to senior management and stakeholders in respect of milestones, any slippage, issues and risks.
-Attend IT rag sessions to provide feedback where necessary.
-Compile agenda, minutes and action items from meetings held.
-Identify potential risks, issues and maintain a monthly project risk register, issue log sheet and ensure mitigation plans are in place.
-Ensure that all project life cycle deliverables are base lined and booked into a documentation repository.
-Continuous communication with stakeholders and information distributed to all stakeholders and management.

2 – Stakeholder Management
-Liaise with various project sponsors and assigned business analysts (direct or indirect reports)
-Forge strong value chain relationships in support of the business functions ambitions.
-Apply professional standards in the engagement and communication with internal stakeholders, customers, 3rd parties and or regulators.
-Keep stakeholders continuously informed about progress through clear communication.
-Build a positive image of the Bank and exceed client expectations at all times.
-Treat internal and external customers fairly at all times.
-KPA will measured as a qualitive survey of peer group, customer and partner satisfaction)

3 – Business Analysis
-Support business in the enablement of onboarding new partners, products or business lines. Measured by the number and quality of partners taken on or offerings launched;
-Play an instrumental role in supporting the overall integration between 3rd parties and the Bank’s internal value chain;
-Take ownership and ensure specifications and business requirements are fit for purpose, customer friendly and conform to the Bank’s standards;
-Lead and or give input to joint application design (JAD) sessions and provide the required output/feedback where necessary;
-Arrange and co-ordinate specification and requirements signoff, and handover meetings between various stakeholders;
-Ensure that specifications and business requirements are updated periodically and stored where such is easily accessible for stakeholder consumption.
-Ensure that the policies and procedures of the Bank across all the new partners are implemented effectively;
-Document change requests and comply with business change requirements

4 – Revenue and Costs
-Implement project activities and new business timeously, which directly influences the generation of fees, interest income and customer growth for the Bank;
-Ensure the timeous delivery of projects, limiting rework to safeguard delayed revenues, ensuring that revenue generation is expediated, without placing the Bank at risk.
-Limit any unexpected costs due to any project delays.
-In engaging customers through the project lifecycle, identify any additional business opportunities that would benefit the Bank

Nature 1:
This role is responsible for the planning, executing, monitoring, controlling and closing of Business projects in support of business objectives and ongoing operations. This includes managing projects and producing required artefacts in accordance with the Bank’s project management methodology. The project manager is the key point of contact among project stakeholders. Must interact with Business, value chain enablers and customers to ensure that the business requirements and objectives are clearly defined. Hybrid role of project management (PM) and business analysis (BA). Project manage various new business opportunities and products being onboarded by Fintech Banking; Compilation of business requirements, functional specifications, and processes

Nature 3:
Motivation:
KEY PERFORMANCE AREAS
Behavioural (COMP)
Ability to work under pressure and longer hours
Accurate
Analytical thinking
Assertiveness
Coping with pressures & setbacks
Decisiveness
High level of energy
Innovative
Leading and Supervising
Logical reasoning
Patience
People person
Presenting and Communicating Information
Professionalism
Quality Orientation
Responsive
Team player

Minimum Education

• Senior Diploma in Project Management (or equivalent)

Minimum Experience

• 2 to 5 years project management experience in a financial services institution

Technical (COMP)

• Ability to communicate at correct levels
• Ability to influence peers
• Ability to influence people outside your reporting structure & key stakeholders
• Ability to manage multiple tasks
• Ability to prioritise and communicate
• Analytical Skills
• Attention to detail
• Communocation and Executive Level
• Facilitation Skills
• Inter personal skills
• Interrelationship Skills
• Management of progress and delivery of deadlines
• MS Office skills
• Persuasive skills
• Presentation Skills
• Project costing
• Project Management skills
• Report writing skills
• Resouce planning and management skills
• Verbal and written communication skills

Compliance Officer

Designation:	COMPMAN009 – Compliance Officer
Category:	Professionals
Posted by:	African Bank
Posted on:	02 Aug 2024
Reference Number:	COMPMAN009
Closing date:	09-Aug-2024
Position Type:	Permanent
Location:	Durban
Workplace:	Compliance (COMP)

Analysing Statutory requirements and Providing Advice to
Determine all relevant laws and regulations pertaining to the activities of the Group
Develop/review risk management plans in accordance with best industry compliance practice
Regularly engage with and advise Line Management and compliance champions of the
requirements in order to determine the necessary controls and ensure update or amendment of
operational procedures
Analyse and advise on adequacy of controls to Line Management and compliance champions
Interpret, advise and consult with various business functions on issues in respect of
legislative requirements Consult widely with regulatory bodies and industry on interpretation and application of laws
and regulations as and when requested by the Group Compliance Officer

Monitoring and Reporting on adherence to Statutory
Determine and advise the level of Compliance within each assigned business unit and entity
within the Group
Develop a monitoring action plan based on identified areas of risk and as per routine required
as well as from receipt and analysis of findings from Internal Audit
Prepare reports on same within timeframes
Advise Line Management and compliance champions of deficiencies and recommend
corrective action
Maintain an issues log of deficiencies and monitor the implementation of corrective action
Report instances of non adherence to the Group Compliance Officer
Prepare the necessary Compliance reports for submission to the various regulators and the
Executive and other committees within the Group as requested by the Group Compliance Officer

Compliance to Statutory and Regulatory and other Requirements
Draft and maintain compliance policies and manuals for approval by the Board as requested
by the Group Compliance Officer
Ensure that standard policy and process documents are in place in the various business units
and that these are regularly reviewed and updated including aligned to the Treating customers
Fairly and Ethics regimes Creating awareness of legislative requirements and ensuring that staff are aware of and
competent in all aspects of Compliance, inter alia through; Conducting presentations, Issuing
compliance alerts, Publishing documentation on the intranet & Drafting communication and
advice for internal use
Advise Training Department of required training interventions in respect of new or amended
laws and regulations, prepare training material as required and monitor educational outcomes
Prepare information for the Group Compliance Officer for presentation at various levels within
the organisation including to the Board, Executive and Divisional Management on developments
in the regulatory environment

Customer
Create and maintain productive relationships with internal and external clients by providing
advice and assistance.
Create understanding of the ‘real’ versus ‘perceived’ need through, experience and
expertise while complying with company policies, legislation and regulations.
Keep the client informed about progress through written communication, telephone
communications and/or face to face meetings
Build a positive image by exceeding client expectations at all times
Treat internal and external customers fairly at all times

Communicating with Regulatory Bodies
Liaise with and report to regulatory authorities as determined by the Group Compliance
Officer
Consult widely with such regulatory bodies on interpretation, application and level of
adherences to laws and regulations
Manage and assess the quality of regulatory reporting
Respond to any enquiries from the regulatory bodies
Liase with business regarding special requests from Regulators and -facilitate corrective
action where required
Co ordinate and facilitate on site regulatory audits whenever requested
Prepare Information for the Board on relevant regulatory interaction as requested by the
Group Compliance Officer

Professionalism and team work
Ability to engage with and work supportively with team members
Ability to add value to the efficiency of the division through process and systems
enhancement including documenting and implementing enhancements
Ability to inspire team members by setting an example of professional behaviour including
quality of work, meeting deadlines, communicating timeously with stakeholders, giving
feedback, working additional hours where required through deadlines or urgent issues to be
attended

Nature 3:

Motivation:

KEY PERFORMANCE AREAS

Behavioural (COMP) Adapting & Responding to ChangeAdhering to Principles & ValuesAnalytical and structural thinkerAssertivenessCoping with pressures & setbacksDeciding & Initiating ActionLeading and SupervisingPlanning and Organising

Minimum Education LLB

Minimum Experience 7-10 years Compliance experience within a Banking or Insurance environment

Technical (COMP) Analytical SkillsAttention to detailCommunication skillsEmotional IntelligenceInfluencing skillsPeople managementPersuasive skills

Click here to apply

All the best with your applications.