Absa Vacancies

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Advisor Client Care and Service Hub

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.

My Career Development Portal: Wherever you are in your career, we are here for you. Design your future. Discover leading-edge guidance, tools and support to unlock your potential. You are Absa. You are possibility.

Job Summary

Job Description

EducationHigher Certificates and Advanced National (Vocational) Certificates: Business, Commerce and Management Studies (Required)

Senior Manager: Finance: Digital

Empowering Africa’s tomorrow, together…one story at a time.

Job SummaryTo develop tactical strategy and delivery plans, formulate associated practice and to ensure operational implementation and adoption across a single practice i.t.o. Finance methodology, governance and delivery objectives.

Job Description

Financial Reporting:

Prepare financial reports, both management and adhoc, by coordinating the execution of the day to day and general accounting functions in order to enable decision making. Present monthly reports by ensuring the completeness, accuracy and relevance of the information to be presented to enable Group Finance Management Team to make informed decisions.
Prepare, sign off and discuss the short term plan (STP), medium term plan(MTP) and rolling forecast(RAF) and budgets with the relevant stakeholders to enable consolidation into Finance forecast and budget. Work with the team to consolidate the financial plans generated by MTP, STP and RAF and sense check the consolidations prior to recommending 2 approval by the Head of Group Finance.
Ensure technical accounting requirements are met.

Advisory Support:

Provide advice and support to management on financial risks that might have an impact on profitability by discussing at regular intervals all financial related matters | Financial Control and Compliance: Sign off on the quarterly supplementary schedules and attestation to Group Finance prepared by the relevant staff in the prescribed format.
Maintain appropriate internal controls in line with Absa group policy by reviewing regularly all variance reports and other reports where applicable. Interact with the Internal and External Audit team and provide necessary information as and when required Ensure cost centre Managers comply with all regulations and policies when reflecting the financial position of the business

Stakeholder Management:

Communicate financial policies, procedures, standards and guidelines to the Senior Business Manager and Group Finance Management Team.
Support projects by developing the financial component of the business case that is created by the management team to actively track and change benefits and costs of the project. Provide strong support to the operational team by having regular meetings with to share financial performance.

Minimum requirements:

CA (SA) or CIMA

Proficient in SAP reporting and Compass reporting and planning.

3-5 years experience in Financial Accounting in Banking.

Transfer pricing and costs experience.

EducationPostgraduate Degrees and Professional Qualifications: Financial Sciences (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

Eastern & Western Cape Unemployed Learnership Face to Face Financial Advisor

Empowering Africa’s tomorrow, together…one story at a time.

Job SummaryUnemployed Learnership Face to Face Financial Advisor opportunity, incumbent must have completed a Diploma in finance, advantage and preference if any Financial planning qualifications or even RE5 certification is obtained. Learnership will start 1 April 2025 for 12 months

Job Description

Sales and Service Delivery Focus (Supervision and support)

Facilitate seamless sales activation, conversion, and fulfilment for new to bank and current customers. Deepen Customer Relationships

Provide a high level of individualized service to customers utilizing consultative relationships with customers to increase loyalty and business referrals.

Sales conclusion and sales activation

Apply knowledge to drive seamless fulfilment of sales and timeous reporting on customer sales related queries

Ensuring that all credit- and fraud referrals are investigated and resolved or escalated and resolved Customer Experience Management

Interact with customer segments in a manner which enhances the brand experience Manage transactional activities

Perform work as per the pre-set daily workforce plans and schedules necessary adjustments. Record and report on to provide timely and accurate information and provide monthly reports that reflect insight into tendencies and patterns.

Risk and governance Comply and adhere to all internal and external risk and governance policies, standards and procedures and escalate associated risks.

Adhere to NCA, FICA and FAIS legislation.

Education

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Senior Manager: Finance

Empowering Africa’s tomorrow, together…one story at a time.

Job Description

Financial Reporting:

Prepare financial reports, both management and adhoc, by coordinating the execution of the day to day and general accounting functions in order to enable decision making.
Present monthly reports by ensuring the completeness, accuracy and relevance of the information to be presented to enable Group Finance Management Team to make informed decisions. Prepare, sign off and discuss the short term plan (STP), medium term plan(MTP) and rolling forecast(RAF) and budgets with the relevant stakeholders to enable consolidation into Finance forecast and budget.
Work with the team to consolidate the financial plans generated by MTP, STP and RAF and sense check the consolidations prior to recommending 2 approval by the Head of Group Finance | Advisory Support:
Provide advice and support to management on financial risks that might have an impact on profitability by discussing at regular intervals all financial related matters

Financial Control and Compliance:

Sign off on the quarterly supplementary schedules and attestation to Group Finance prepared by the relevant staff in the prescribed format.
Maintain appropriate internal controls in line with Absa group policy by reviewing regularly all variance reports and other reports where applicable. Interact with the Internal and External Audit team and provide necessary information as and when required Ensure cost centre Managers comply with all regulations and policies when reflecting the financial position of the business

Stakeholder Management:

Communicate financial policies, procedures, standards and guidelines to the Senior Business Manager and Group Finance Management Team. Support projects by developing the financial component of the business case that is created by the management team to actively track and change benefits and costs of the project. Provide strong support to the operational team by having regular meetings with to share financial performance.

Executive Administration:

Prepare the key themes, presentations and reviews for the Senior Business Manager and assist with detailed content when required.
Ensure that presentations are packaged to reflect the business unit’s brand and the Senior Business Manager’s preferred style.
Screen requests for meetings or events to be attended by the Senior Business Manager and determine which ones would be appropriate for personal attendance and which ones should be delegated to other managers in the business unit.
Sign off proposals, quotes, invoices etc. based on the mandate delegated by the Senior Business Manager.

Preferred requirements:

Financial Management or Accounting Degree
Min 5 year banking experience
Transfer pricing and costing knowledge
Preference for CA (SA) or CIMA

EducationPostgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Finance Business Partner

Empowering Africa’s tomorrow, together…one story at a time.

Job SummaryWe are building our talent pool! If you are interested in building your career within the MyMI function please come and talk to us. This type of role encompasses the development, interpretation and providing of financial information support to all stakeholders across the CIB businesses and coverage areas, for informed decision making, within a high performing team environment.

Job Description

Review and present monthly financials and variance commentary at Divisional Manco meetings and where required support the Senior Finance Business Partners with presentation to EXCO Meetings.
Compile and present financial dashboards to the relevant business owners on a monthly basis including financial actuals against forecasted trends.
Participate in business initiatives or Group and Cluster financial initiatives on behalf of the business unit where required and ensure deliverables and frameworks are effectively implemented in own area of responsibility. (e.g. financial transfers between business units, group financial projects and business unit level financial drives and programmes).
Assist stakeholders to develop and deliver key reporting frameworks, utilising MyMI’s online platforms. Identify the financial reporting needs of the business stakeholders, create project specifications for the MyMI development teams and project manage the requests to completion.
Monitor financial trends and identify gaps, motivate requests and new ways of work to the Senior Business Partner.
Obtain a thorough understanding of the business unit’s strategy and explain it to team members in such a way that they understand the contribution they have to make.
Provide financial reporting, advice and guidance to line managers and business owners on new initiatives, current budget management practices and trends in expenditure in their areas of accountability.
Provide effective stakeholder management of business owners, MyMI users and the MyMI development teams.
Explain targets and take accountability for the monitoring and achievement of own and team performance objectives in the department in terms of return on investments, financial risk, financial planning and governance.
Conduct basic statistical analysis to track performance variances and determine the root causes of errors. Make recommendations for productivity or process enhancements to process owners
Populate balanced scorecards for the specific department on a monthly basis. Work with the team to address shortcomings during the next month. Escalate any major issues identified to the next level manager
Address any process failures specific to the department under management
Ensure budget accuracy and completion for dashboards
Prepare financial reconciliations to GL, submitted on a monthly basis.
Ensure that processes, control requirements and risk management frameworks that have been designed for the area are understood by all members of the team and that these are adhered to on a monthly basis.

Qualification

CA (SA) or CIMA or MBA qualification preferred.
3+ years professional financial management experience
2+ years Banking Experience
Knowledge and skills:
Experience in executing finance processes.
Experience in commercial innovation environments
Broad Finance including strategic, commercial, legal, risk and operational aspects
Understanding of the financial services sector within a professional business environment

Competencies:

Deciding and initiating action
Learning and researching
Commercial solutions
Relating and networking
Adapting and responding to change
Persuading and influencing
Creating and innovating

Points to consider:

Dashboards- project management
Stakeholder management
Data accuracy and completeness
Adhere to process management ie. project spec
Problem solving initiative/analytics
Strong data management skills

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

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

BI Data Analyst

Empowering Africa’s tomorrow, together…one story at a time.

Job SummaryTo provide support to the business through the development and maintenance of accurate information and the analysis of available information. To provide valuable insights for strategic decision making and accurate information for day-to-day operational management.

Job Description

Key accountabilities

Accountability: Management information Production

Source information from different data warehouses, data marts, manual systems and on-line systems based on knowledge of appropriate data sources given the business requirement
Collect and package data into usable and user friendly management information for the relevant teams and stakeholders in the business
Develop new reports, report formats and standards based on identified user requirements for the business, using multiple technologies
Analyse derived information to create value add understanding of insights and opportunities presented by the data set
Prepare customised reports based on identified requirements from the business at large
Develop regular performance reports particularly related to needs of the business sales force to aid performance measurement and management.
Continuously identify opportunities to automate reports and to eliminate duplicate and manual report production

Accountability: Provide value-add insight

Develop a thorough understanding of the key business challenges through engagement with all stakeholders in the business

Identify opportunities through which Analytics can assist in addressing these challenges, present these to relevant stakeholders and implement
Identify business opportunities in support of the business sales initiatives through analysis of the business management information and management information that may reside outside the business.
Assist stakeholders in developing business cases for new products by providing relevant information to support identified business opportunities. Ensure that the management information input in business cases is credible by ensuring accuracy of the data used
Propose approaches to the business on monitoring measures or key performance indicators (KPIs) associated with the business case and business model and ensure creditability of data received to support the measures or KPIs
Analyse trends within the business data to reduce risks, optimise performance of the business and inform People Function decisions.

Accountability: Governance and control

Conduct integrity checks on all extracted data to ensure correct data is incorporated into reports
Ensure the accuracy of data within the business and ensure consistent use of data
Escalate data integrity issues to relevant Manager / Data Management ensure that these receive priority to maintain a high-level of data integrity.
Check all existing and new reports for accuracy and data integrity

Accountability: Business partnering

Build effective working relationships with business stakeholders to develop a detailed understanding of their business imperatives and objectives.
Maintain an interactive process with stakeholders as the analytical solution is being developed – present and receive feedback on work-in-progress.
Perform a consultancy role with business stakeholders. Present the final analytical outputs to stakeholders and assist in interpreting the results and providing advice & recommendations on the implementation of actions.
Educate users where required on the design or how to utilise the solution.
Engage with the business teams on an ongoing basis to understand management information needs and sensitise them to any relevant existing reports or management information outputs that will result in value add opportunities in their respective areas
Conduct impact analysis of any proposed changes that will impact on management information reporting
Actively engage and participate in new initiatives within the business to ensure that the management information component is addressed
Engage with other key stakeholders within the Group to ensure that the business leverages off what is available and are aware of initiatives in the group that may impact on the business

Accountability: Continuous self-development and growth

Stay abreast of knowledge and skills relevant to the level and area of work, as well as actively seeking to attain those required for the next level of work with particular focus on best practices
Continuously enhance the business expertise by analysing its drivers, key indicators, relationships and trends.
Consider all influencing events, quantify the impact on the business and pro-actively find solutions
Develop a thorough knowledge of various systems and related reporting including ability to build / adjust reports within Workday.

EducationBachelor’s Degree: Information Technology

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Senior Manager: Operations

Empowering Africa’s tomorrow, together…one story at a time.

Job SummaryTo develop tactical strategy and delivery plans, formulate associated practice/s and to ensure operational implementation and adaption i.t.o. operations management methodology, governance and delivery objectives.

Job Description

Functional management: Set and execute the tactical strategy, plan the resource requirements for the business area, negotiate and secure its allocation and ensure delivery based on the agreed business targets

Operational Excellence: Oversee the design, implementation, maintenance and continuous improvement of operational activities

Change and programme management: Ensure the implementation of change programmes aimed at driving business strategy and improving operational efficiency

Business Risk and Compliance Management: Ensure the implementation of, and conformance to, Group Risk and Compliance requirements within the operating environment, in line with set risk appetite

Stakeholder Management: Actively promote and manage the collaborative engagement of internal and external stakeholders, including suppliers, clients, service providers, business partners and other Absa entities

People Management: Coach, mentor and manage team members toward driving business objectives and ensuring colleague development

Governance: Ensure the fulfilment of all required governance activities, including tracking and reporting

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

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Records Management Clerk

Empowering Africa’s tomorrow, together…one story at a time.

Job SummaryThe role holder will be accountable for the following:

• Organizing, Archiving, and retrieving physical and digital records efficiently.
• Ensuring records are accurate, secure, and compliant with regulations.
• Supporting internal teams by retrieving records from storage timeously.
• Updating and maintaining record-keeping systems.
• Conducting regular quality checks to ensure record integrity.
• Assisting with process improvements for better records management.
• Managing the records destruction process based on the retention schedule and legislation requirements.
• Ensuring proper documentation of disposed records for accountability and audit purposes.

Job Description

Accountability: Records Management 90%

Take custody of semi-current and non-current records transferred from branches and Head Office Departments to the Records Centre, then to the Archives for long term storage/destruction.
Take custody of current records and ensure that they are appropriately filed for storage.
Ensure that laid down procedures are followed during storage and retrieval of records.
Ensure the prompt disposal or transfer of records to the Archives.
Ensure prompt retrieval of records, in all formats to satisfy customer requirements in accordance with Service Level Agreements.
Ensure that records are well preserved and secured to avoid damage and fraud.
Identify and preserve records of permanent value for historical and informational purposes.
Provide reference service.
Whenever possible to provide safe custody service for irreplaceable documents.
To automate and exhibit the contents of the repositories for the information of the Bank.
Ensure prompt retrieval of archived material, in all formats to satisfy customer requirements in accordance with existing service standards.

Accountability: Risk and Control 10%

Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise-Wide Risk Management Framework and internal Absa Policies and Policy Standards.
Understand and manage risks and risk events (incidents) relevant to the role.
Manage risk and control effectively by applying applicable risk frameworks and embedding a positive risk culture.

EducationFurther Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)

Administrator: Claims

Empowering Africa’s tomorrow, together…one story at a time.

Job SummaryTo plan, manage and monitor the implementation of claims management activities and processes in order to deliver on approved operational plans in an effective and efficient manner.

Job Description

Claims assessment: Assess and/or process claims following standard operating procedures | Customer Experience: Handle all customer interactions professionally and efficiently | Ad Hoc duties: Provide support to customers and team as required to ensure team performance on an ongoing basis | Compliance and Risk Management: Ensure that all team activities are in adherence to relevant control and compliance requirements, and quality standards

EducationFurther Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Head Strategy & Business Performance AIC

Empowering Africa’s tomorrow, together…one story at a time.

Job SummaryTo lead the reporting function for the South African Short-term insurance operations, collaborating with stakeholders to deliver quality insights on market dynamics, business drivers and financial performance, and playing the essential role of supporting the CFO in driving informed strategic decisions.

Job Description

Strategy, Budgets and Reporting:

Assist in preparing and developing the strategy for the business and aligning this with the other key business areas within the Group.
Oversee the preparation of the budget and ensure alignment with the strategic priorities agreed with the Board of Directors.
Provide key insights through comprehensive reports, financial and non-financial, including management and ad-hoc reports, to support well-informed decision-making.
Collaborate with cross-functional teams to derive meaningful insights into business and financial performance, ensuring alignment with the overarching business strategy.
Prepare, review, and discuss business performance against short-term plans (STP), revised annual forecasts (RAF), and rolling forecasts with all key stakeholders across finance and business.
Prepare the Board reports on a quarterly basis for the short-term insurance Board meetings.
Prepare and ensure the completeness, accuracy, and relevance of monthly reports presented to all key stakeholders, including the Group Finance team and the CFO, enabling informed decision-making.

Advisory Support:

Provide expert financial advice and support to management, addressing potential financial risks that could impact profitability.
Maintain regular dialogue with the CFO to proactively address financial concerns and challenges, fostering a proactive approach to financial management.

Financial Control and Compliance:

Uphold strong internal controls in line with Absa Group policy, conducting regular reviews of variance reports and other pertinent documents.
Collaborate closely with Internal and External Audit teams, supplying requisite information as needed to ensure compliance and transparency.
Oversee that cost centre managers strictly adhere to all regulatory and policy requirements when reporting the financial position of the business.
Provide sign-off to supplementary schedules and attestations submitted to Group Finance, ensuring strict adherence to prescribed formats.
Oversee the reinsurance accounting function, ensuring that all reinsurance transactions are accurately recorded, reconciled, and compliant with internal policies and external regulations.
Manage the reinsurance accounting team, providing guidance and oversight to ensure the team meets its objectives and adheres to timelines and compliance standards.

Stakeholder Management:

Effectively communicate financial policies, procedures, standards, and guidelines to key stakeholders across the cluster and Group Finance.
Prepare key themes, presentations, and reviews tailored for senior stakeholders, ensuring harmonisation across business units within the cluster.
Support projects by constructing the financial component of the business case, actively tracking and managing project benefits and costs.
Conduct routine meetings with the operational team to disseminate financial performance updates
and insights.
Education:
CA(SA), CIMA or other financial sciences equivalent will be preferred.

5-8 years of working experience in insurance.
IFRS 17 experience.
Stakeholder management

Involvement

EducationPostgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Head of Economic Crime

Empowering Africa’s tomorrow, together…one story at a time.

Job SummaryTo lead the bank’s efforts in mitigating economic crimes, including fraud, money laundering, bribery, corruption, terrorist financing, and other financial crimes. This role involves developing, implementing, and maintaining robust frameworks, policies, and strategies to ensure compliance with relevant laws, regulations, and industry standards while protecting the bank’s reputation and assets.

Job Description

Strategic Leadership

Work closely with business units to integrate economic crime prevention measures into day-to-day operations.
Collaborate with the Africa regional economic crime forum to share insights and best practices.
Liaise with legal, compliance, and other relevant teams to ensure seamless coordination in managing economic crime risks.

Governance and Compliance

Establish governance frameworks to manage risks related to economic crimes effectively.
Ensure the bank adheres to all regulatory requirements.
Where applicable represent the bank in regulatory and law enforcement engagements related to economic crimes.

Risk Management

Conduct regular risk assessments and implement mitigation strategies for economic crime risks.
Monitor and respond to emerging threats in the financial crime landscape.

Leadership and Team Development

Build and lead a high-performing team of financial crime and fraud specialists.
Promote a culture of ethical behavior, awareness, and vigilance across the organization.
Provide training and support to business units to enhance their understanding of financial crime and fraud risks.

Collaboration and Stakeholder Engagement

Work closely with business units to integrate economic crime prevention measures into day-to-day operations.
Collaborate with the Africa regional economic crime forum to share insights and best practices.
Liaise with legal, compliance, and other relevant teams to ensure seamless coordination in managing economic crime risks.

Technology and Data Analytics

Utilize technology, such as transaction monitoring systems and artificial intelligence, to enhance the detection and prevention of economic crimes.
Analyze data to identify trends, vulnerabilities, and potential risks.

Reporting and Metrics

Prepare periodic reports for senior management, the board, and regulators on economic crime trends, incidents, and key risk indicators.
Establish metrics to measure the effectiveness of the bank’s economic crime prevention strategies.

Key Performance Indicators (KPIs)

Reduction in financial crime and fraud incidents.
Timely compliance with regulatory requirements and audits.
Implementation of effective risk mitigation measures.
Employee engagement and awareness levels regarding financial crime prevention.

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

Manager Project

Bring your possibility to life! Define your career with us

Job DescriptionProject Management: Monitors the progression of a project at every stage and ensure that the objectives of a project are meet | Quality Assurance: Maintain a desired level of quality in a service or product, especially by means of attention to every stage of the process of delivery or production | Meeting deadlines: Completes task timeously | Stakeholder management: Ensure that stakeholders are identified and engaged | : | : | : | :

QualificationsBachelor`s Degrees and Advanced Diplomas – Business, Commerce and Management Studies, Customer Excellence – Service Delivery (Meets all of the requirements), Digital familiarity (Meets some of the requirements and would need further development), Enabling team success (Meets all of the requirements), Openness to change (Meets some of the requirements and would need further development), Planning and organising (Meets all of the requirements), Project and Programme Management (Meets all of the requirements), Project Management

Click here to apply

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