Absa Jobs

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

Senior Strategy Consultant – Corporate & Investment Banking

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 SummaryAre you a strategic thinker with a passion for the Corporate & Investment Banking sector? Do you have experience in managing complex business agendas and driving growth? Do you want to work closely with the Chief Executive and the Executive Committee of our financial institution?

If you answered yes to these questions, then we have an exciting opportunity for you. We are looking for a Senior Strategy Consultant to join our Corporate & Investment Banking division and help us achieve our strategic goals

Job Description

Description:

As a Senior Strategy Manager, your responsibilities will include:

• Developing and reviewing the overall firm strategy, and driving strategy processes in the business
• Assessing and advising on strategic business matters, such as market trends, competitive analysis, growth opportunities, and risk management
• Supporting on strategic initiatives and projects across the division and the firm
• Engaging with senior stakeholders and external partners to build strong relationships and alignment
• Participating in the Exco secretariat duties – compiling agenda and content for meeting to drive good debate
• Working with Front Office and Infrastructure areas to ensure required levels of business support.

To be successful in this role, you will need:

• A bachelor’s degree in business, finance, economics, or a Postgrad degree or MBA is preferred
• At least 5 years of relevant experience in strategy, consulting, or corporate development, preferably in the Corporate & Investment Banking industry
• Strong analytical, problem-solving, and communication skills
• Ability to work independently and collaboratively in a fast-paced and dynamic environment
• A proactive, creative, and innovative mindset

EducationBachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Senior Specialist: Governance and Reporting

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“SME specialists who engage with business units helping build out sustainable comprehensive reporting. Maintains a high standard acting as quality assurance as work is delivered. Delivers clearly defined asks to MI / BI / Visualisation teams

Oversees and conducts the conversion of data into insights that will lead to informed business decisions. Works directly with stakeholders within the assigned departments.

To support and enhance intellectual business performance modelling and create measures that drive an optimal value management strategy. To enhance information in order to support optimal decision making.”

Job Description

Key accountabilities

Processes and Standards

• Act as a custodian and advocate for the delivery management framework (Safe) and standards adopted across all programmes and projects
• Engage the programmes and projects to ensure that framework and guidelines are communicated, understood and embedded
• Ensure that guidance on change processes is provided and adhered to by all project teams across Everyday Banking
• Contribute to Portfolio Enablement and Reporting centre of excellence with a focus to build skills and capability
• Proactively work to automate and use tooling wherever possible to drive efficiencies and optimize value

Delivery Oversight & Data Management

Review delivery, check & challenge and identify trends for analysis and pro-active actioning Pro-actively review CRAIDS to provide cross portfolio implications or raise matters for escalation through the relevant forums Ensure data accuracy and integrity through monitoring of data exceptions and ensuring that project data is updated and accurate Facilitate the weekly portfolio delivery review meeting with Program Managers to reflect on weekly progress, bottlenecks, and improvements

Portfolio Reporting & Insights

Produce the portfolio reporting and provide analysis and insights Provide support with reporting and insights to Change Council and other executive level management information requirements Provide reporting across demand, capacity, and resourcing to drive effective decision making

EducationBachelor`s Degrees and Advanced Diplomas: BMI – Business Management and Informatics

Financial Crime Governance, Risk and Control Specialist

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 SummaryThis role will be responsible for delivery of the function’s strategic initiatives and build and maintain an effective and proactive governance and risk management framework. In addition, the incumbent will provide oversight and coordinate specific processes to facilitate and support the objective assessment of financial crime risk in the business.

Job Description

Accountability: Governance and oversight

• Demonstrate a good understanding of the enterprise risk management framework (ERMF) and Operational Risk and Resilience (ORR) framework and standards.
• Ensure the awareness of processes, policies, and procedures to adequately challenge the business to ensure that all regulatory reporting requirements are met.
• Conduct assessments of the business unit control environment and provide an independent assessment on the risk profiles.
• Provide challenge that supports business management in understanding and accepting where action needs to be taken in order to manage and mitigate financial crime risks.

Accountability: Risk and Control

• Challenge risk assessments performed by Business and Functions, challenging any ratings using a combination of quantitative and qualitative data sources.
• Conduct risk assessments on key external risks/threats to determine the impact of anticipated or emerging risks on the Business and/or the Group.
• Evaluate how current and emerging Financial Crime and associated risks and threats can drive additional business risks.
• Ensure the ongoing assessment and enhancement of the Financial Crime risk framework to ensure that it is always fit for purpose and adequate measure of our financial crime risk.
• Utlise stress testing models to evaluate the control environment’s resilience against external risks and threats, assessing the Business/Group’s preparedness to address emerging challenges.
• Enhance scenarios to improve the control environment’s resilience, helping the Business and/or Group prepare for anticipated risks and threats.
• Key attributes for the role:
• Demonstrated ability to use data analytics, identify risk trends and emerging risks. Furthermore, identify and assess for commonalities of risk drivers and/or control failures.
• Collaborate with data scientists to refine existing predictive models and create new ones.
• Continuously scan the external environment to identify key sources of industry information to enhance and build new predictive models.

Accountability: Reporting

• Prepare regular and adhoc reports to senior management and committees where applicable.
• Deliver value-added management information, specifically key risk indicator trends, and analysis of the drivers of risks to assist senior management better manage risks, losses and the associated capital holdings.

Accountability: Teamwork

• Collaborate with team members and the wider Financial Crime function to enhance overall effectiveness and achieve collective goals.

Accountability: Stakeholder Management

• Build and maintain meaningful relationships with internal relevant business units and stakeholders with the aim of understanding their business needs
• Building and managing stakeholder relationships within the Financial Crime function and outside, in order to execute on and implement your own deliverables.

Accountability: Business Enablement

• Lead and ensure completion of strategic deliverables within allocated time and with minimal oversight from the GRC Manager.
• Exploring opportunities for improving existing capabilities through intuitive use of new analytic based approaches, international best practices, and trends.
• Keeping abreast of changes in industry regulations and developing your own competency through continuous education.

Education and Experience Required

• Bachelor’s degree in Commerce or Risk Management or equivalent
• At least 3 years’ experience in the field of Risk Management, Internal Audit or Governance, Risk and Control

Knowledge & Skills

• Analytical Thinking
• Data management, analytics and data modeling
• Digital affinity
• Experience in a financial crime discipline and familiarity with key concepts of AML, Sanctions, and ABC risk management.
• Experience in working with culturally diverse teams in different geographic locations.

EducationBachelor Honours Degree: Law, Military Science and Security (Required)

Service Designer – Digital

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 SummaryWe are looking for a Service Designer to join our interdisciplinary design team. The ideal candidate will plan, visualize, and define new user and service experiences, leveraging a wide range of skills from research design to experience and service design. They will utilize design research techniques and service design methodologies to shape the experiences, services, systems, and brands that end-users interact with, alongside clients and project stakeholders. As a team member, the Service Designer will handle projects at every stage of the lifecycle, from initial assessment and research to final delivery. Our work environment is highly collaborative, requiring the Service Designer to work across disciplines, including value streams, data & analytics, and client care teams.

Job Description

Your key accountabilities will include the following;

• Planning and managing design research activities, including research strategy, ethnographic-based user research, secondary research, and UX research.
• Planning and executing system mapping, customer journeys, scenarios, and service specifications.
• Analysing research data to identify and generate meaningful insights and behavioral patterns.
• Working closely with researchers and designers to improve design quality and final user experience.
• Facilitating workshops with diverse groups of clients and stakeholders.
• Defining and structuring deliverables consistent with project goals.
• Creating presentations and design strategy documentation.
• Managing user research and service design processes, drive decisions, track issues, and assist in estimating resource needs and schedules.
• Collaborating with product owners and leaders to design solutions and strategic propositions.

If you are passionate about service design and want to work in a collaborative environment, we would love to hear from you! Send us your CV if you have the above and below-mentioned.

• 5+ years of experience designing complex service design systems for multiple touchpoints projects.
• A Bachelor’s degree in service design, business design, or a related design discipline.
• A background in visual and UX design is a plus. Figma and Miro board experience.
• Strong knowledge of user-centered design processes and a passion for solving complex Service and UX challenges.
• Strong background in service and strategic design.
• Strong skills in conducting and synthesizing research, insights, and findings. As well as in structuring and visualizing journey maps, service ideation, concept communication, and specification.

EducationBachelor`s Degrees and Advanced Diplomas: Physical, Mathematical, Computer and Life Sciences (Required)

External reporting – Note owner

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 SummaryTo be part of the team that looks after the activities of financial reporting to internal and external stakeholders of the Absa Group and Absa Bank to ensure that financial reporting is performed accurately and timeously and complies with International Financial Reporting Standards (IFRS), JSE Limited listing requirements and the Companies Act as well as specific requirements as communicated by analysts, the Group Audit and Compliance Committee and the Board of Directors for Absa Group Limited and Absa Bank Limited.

Job Description

Key Accountabilities

Accountability:  Monthly Reporting

• Reviewing the financial results, obtaining commentary from Analytics and Balance sheet control for the various clusters.
• Attendance to queries from internal reviews, external auditors, financial analysts and the JSE Limited by requesting information from the relevant team members and reviewing the responses for accuracy and validity.

Accountability:  Projects

• Be involved and contribute to improvement projects within the department including SAP 4 Hana, Hyperion Essbase and Planning, IFRS 17.

Accountability:  External reporting

• Review the team’s preparation/updates to CDM notes that are included reports for booklet, SENS and financial statements.
• Perform an analysis, to ensure that any changes to the notes and accounting standards are taken into account. Ensuring accuracy of the disclosures through analysis and comparisons to annual financial statements. Taking into account note consistency across reporting levels.
• Assist the team with HFM web form queries needed for external reports prior to release to ensure that all the relevant disclosure requirements are included in the web forms and that the necessary checks and validations are in place to ensure accurate submission by business units.
• Assist the team with necessary escalations to ensure data is received timeously taking into account reporting deadlines.
• Agree prior year figures to reported figures and following up on any and resolving discrepancies, taking into account re‐statements where applicable.
• Confirming accuracy of disclosures through analysis and comparison to other reports within the team. Review all components of external reports to ensure reasonability, validity, accuracy and consistency across all. Ensure that financial information in other reports (included in the integrated report) agrees to financial information as reported in other external reports.
• Obtain signoff from the team as notes are completed. Also provide signoff post review of note has been performed.
• Ensure compliance to the Group’s accounting policies, the Companies Act and King III.
• Assist in preparing reports to the GACC and the Board alongside the Report Owners Manager.
• Keep up to date with changes in accounting standards (IFRS) and other regulatory requirements to ensure proper and adequate disclosures.
• Liaise with auditors regarding the review of financial statements and ensure that comments raised by auditors are being dealt with adequately. Meet with auditors to discuss audit budgets and possible fee overruns to be presented to the financial controller.

Accountability:  Internal reporting

• Check the accuracy between the Exco report, GACC report, Board report, Segment report, the financial results booklet, SENS announcements as well as the financial statements.

Role/Person Specification

Education and Experience Required

• Chartered Accountant CA(SA) strongly preferred
• 3 year Accounting articles (this includes supervision and review, passing the Board exams and completing recommended hours for the training contact)
• Minimum B Com Accounting degree required, Honours in Accounting preferred together with IFRS reporting experience and banking industry experience

Knowledge and Skills:

• Analytical skills
• Stakeholder management (over reporting periods key stakeholders include direct team members, management and external audit)
• Communication (verbal and written)
• Report writing skills
• Microsoft Office ‐ Excel, PowerPoint, Word
• Hyperion Essbase and Planning exposure beneficial
• Certent CDM exposure beneficial
• Technical accounting knowledge
• Specialist knowledge and skills – Banking exposure beneficial
• Negotiation skills
• Time management skills
• Understanding group structures and chart of accounts

Competencies:

• Deciding and initiating action proactively
• Learning and researching
• Commercial thinking and applies to work responsibilities
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating
• Drives efficiencies and automation in work responsibilities

EducationBachelor`s Degrees and Advanced Diplomas: Financial Sciences (Required)

Group Financial Planning & Analysis Manager

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 SummaryGroup Financial Decision Support (FDS), formerly known as BP&A, supports decision making within the Absa Group through the provision of relevant financial information and analysis at a Group-wide level. This function is also responsible for integrated planning and leading the annual budgeting process. This role supports the Head of Financial Planning and Analysis in ensuring that internal financial planning across the Group supports effective decision making.

The Planning team is responsible for:
• the overall financial planning across Absa Group (preparation and review of forecasts and short- and medium-term budgets that inform the Integrated Plan including restatements and rebase of plan where required)
• preparation of key financial reports including commentary for use by the Absa Group Exco and Board
• analysis of competitors, trends, revenues, new products/businesses etc
• preparation of briefing notes for annual results presentations
• ad hoc analysis and research, often related to presentations to Exco and other senior management

Job Description

Key Accountabilities

Accountability: Assist the team in team executing the following deliverables to Exco and other members of senior management:

• Project management and analysis of key planning deliverables throughout the year: RAF, STP, Stress Testing and Integrated Planning outputs
• Monthly and quarterly key financial reports on financial performance
• Competitor analysis
• Research projects – gathering financial data and creating insightful, decision useful analysis and thought pieces
• Results presentations at half year and year end
• Other ad hoc projects and presentations
• Financial scenario analysis and stress testing
• Consolidating financial information for senior management
• Attend meetings to assist executives to understand and complete their tasks to achieve team goals

Accountability: RAF and STP review packs

• Assess the attainability and reasonability of the various strategic plans put forward by comparing them to market expectations, past performance and management expectations. Reliance is not simply placed on the numbers themselves but utilisation of various key metrics (RoE, RoRWA, CTI etc) is essential.
• Compile review pack for submission to Exco and any other relevant committee. The pack together with commentary is necessary to provide a sounds basis on which the budget is approved.
• Interact with other departments such as Treasury, Risk and Group tax may be necessary to provide comfort and assurance that the more technical aspects of submissions (Risk weighted assets, Tax, Economic Capital etc) have been scrutinized and appear reasonable given the Groups economic out-look. Accountability: Ad-hoc requirements/submissions
• Execute ad-hoc queries on a daily basis that are dependent on external and internal requirements and vary considerably throughout the year.

Accountability: Ad-hoc requirements/submissions

• Attend various committee meetings in which one will use their understanding of e.g. margins, impairment trends or economic understanding to provide a valuable contribution. In some instances the contribution will be on a discussion basis and in others a submission to the committee is required.
• Provide other departments (Efficiency office, office of the CEO, treasury etc) with a range of information (analysis, forecasts and actual financial data etc) to perform their respective tasks. The information supplied may need to be package in a different format to make it relevant for their respective needs. An understanding of the roll-up structures within the Absa Business and good financial understanding is vital in this instance so as to avoid misrepresenting information.

Accountability: Interim and year-end reporting (Twice a year)

• Compile briefing packs used as summary and in some instances as additional detail for the annual and half year end financial statements. The packs are utilised by senior executives as a summary for interim and annual financial statements.
• Compile quick reference packs. An individual is required to engage with stakeholders such as Investor relations and the various business unit representatives to ascertain possible topical subjects and key financial data for the relevant period. Scope is also given to frequently asked questions by investors.
• Attend investor “one on one” sessions in which one would either play a support role to a more senior Absa representative or through a more passive role for educational purposes.
• Compile competitor analysis which compares the Group’s performance to peers.

Accountability: Cluster Relationship Manager (CRM) roles

• Provide analysis support relating to role to respective cluster through submissions, due dates and planning Interact with and supply guidance to Business units on a daily basis

Accountability: People Investment

• Peer responsibility: Coach, inspire, engage, mentor and develop finance and business savvy leaders.
• Play to our A-Game culture of Culture of inclusivity, diversity, entrepreneurship, and ownership.
• Network with finance colleagues across GFD and create awareness of challenges, opportunities and issues and encourage collaboration
• Focus on Finance skills evolution and remaining relevant.

Perform all other duties as reasonably assigned.

Role / Person Specification

Qualifications and experience:

• B Com degree with Honours of Masters (major in Accounting, Financial Management or Economics)
• CA SA / CIMA (5-8 years post qualifying)
• Non-CA SA / CIMA (7-10 years’ experience in Financial Services organisation)
• Able to work effectively across a multi-service Financial Services organisation
• Previous exposure to financial management reporting in a financial services organisation

Knowledge and skills:

• Financial Accounting
• Report writing
• Analytical skills
• Self-driven and good interpersonal skills
• Attention to detail
• Deadline driven
• Advanced Excel and PowerPoint skills

Preferred:

• Knowledge of financial markets
• Knowledge of economics

Competencies:

• Deciding and initiating action
• Learning and researching
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating

EducationPostgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

Legal Officer

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 SummaryTo be a member of the legal team in Absa and to contribute to the development of the Legal Function. The role will primarily focus on providing legal support and advice to the business generally including taking responsibility by providing specific advice and preparing responses to, inter alia, court documents, subpoenas, reckless lending complaints etc. To support the Legal Counsel in Group Litigation with a variety of legal work and legal administrative matters. To mitigate the legal risk implicit therein and provide advice in respect of certain legal work and legal administrative matters or other court documents/subpoenas/reckless lending complaints received Group-wide.

Job Description

Key Accountabilities

Accountability:  Legal risks Administration

• Receive legal queries and complaints from group wide stakeholders (the various Business Units- Retail, Corporate & Business Banking etc) and external bodies (NCR, Banking Ombudsman etc) to record, respond to or to forward to the relevant legal counsel.
• Categorise and evaluate queries and complaints in terms of complexity, urgency, risk and priority level to ascertain which queries to respond to and which queries and complaints to forward to a legal counsel
• Assist legal counsel to whom matters have been assigned by preparing a first draft of letters or responses to queries and complaints.
• Ensure the bank’s legal position is managed effectively in all situations in which disputes arise, at all times safeguarding Absa’s reputation.
• Increase awareness of the Legal Key Risk Policies and report any breaches.
• Mitigate risks wherever possible.
• Attend necessary training sessions to ensure commerciality and continued legal professional development.

Accountability:  Effective Litigation Administration

• Identify matters of reputational consequence and timeously refer to internal and/or external Legal Counsel. Support and provide technical assistance to Legal Counsel in such instances.
• Provide advice in respect of issues arising in respect of any court documents /subpoena/reckless lending complaint etc.
• Address all probable risks by seeing to it that they are sufficiently addressed in respect of any court document /subpoena/reckless lending complaint etc.
• Prepare and submit the relevant responses in respect of any court document /subpoena/reckless lending complaint.
• Ensure that an accurate and comprehensive database of information is precisely maintained, from which a variety of reports may be extracted.
• Identify, interpret and explain emerging trends, and where appropriate provide early warning of potential vulnerabilities.

Accountability:  Stakeholder Management

• Liaise (written & verbal) with external parties, including hostile legal practitioners, various Court Officials, members of the South African Police Services, National Credit Regulator, South African Revenue Services, SA Reserve Bank, and a variety of other Regulatory bodies, in relation to any court orders/subpoenas/reckless lending complaints.
• Communicate (written & verbal) with internal stakeholders and manage the on-going relationship, in respect of the physical production of documentation and preparing the necessary responses to any court document/subpoena/reckless lending complaint.
• Assist legal counsel in the feedback to stakeholders by regular interaction with the stakeholders in order to discuss legal developments and matters with them.
• Assist legal counsel to provide stakeholders with legal advice, support and legal solutions.
• Manage external counsel where required.
• Distil and communicate legal concepts in a simple, concise way that is easily understood by business stakeholders.
• Evaluate, manage and prioritise tasks in accordance with business need
• Accountability:  Reporting
• Analyse and determine legal risk matters that need to be reported to legal counsel.
• Extract information from the Litigation Management Tools to measure and report on legal activity levels and trends in respect of court documents /subpoenas/reckless credit complaints.
• Attend to ad hoc reports as requested by the Head, such as reports required by Absa / LEXCO.

Role/Person Specification

Education and Experience Required

• NQF Level 5: National Diploma or Higher Certificate
• Qualifications Required (Essential) • ParaLegal Certification
• Qualifications Required (Preferred) • Additional courses in legal subjects or legal risk management
• Qualifications Required (Optional) • LLB Degree
• Four (4) years relevant paralegal experience preferably within a litigation environment.
• Exposure to a corporate environment, preferably within the banking industry.
• Regular interaction with external legal practitioners and /or Regulatory Bodies.

Skills and Competencies:

• Ability to work as part of a team
• Very strong interpersonal skills, especially communication skills
• Well organised and efficient
• Excellent negotiating and influencing skills
• Excellent attention to detail
• Integrity and reliability
• Business awareness, prioritisation of risk and strong commercial focus
• Ability to take a commercial view within legal constraints
• Ability to manage a large (and often fluid) workload with effective prioritisation as well as deliver under pressure and at speed

EducationBachelor`s Degrees and Advanced Diplomas: Law, Military Science and Security (Required)

Click here to apply

All the best with your applications.