Absa Vacancies

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

Senior Manager: Project Management

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 SummaryAbsa has an opportunity for a Senior Project Manager.
Are you an experienced leader with a passion for delivering impactful, complex projects from inception to completion? We’re looking for a dynamic Senior Project Manager to join our team—someone who thrives on managing projects end-to-end, getting involved in the details, and mentoring others to success.

Job Description

Overall Purpose:

As a Senior Project Manager, you’ll be responsible for leading moderate to highly complex projects, ensuring alignment with the organization’s strategic goals. Your role will encompass leadership, communication, and technical expertise to manage cross-functional teams, mitigate risks, and deliver projects on time and within budget.

Key Responsibilities:

Project Planning and Execution

• Define, document, and oversee projects from start to finish.
• Develop comprehensive project plans outlining scope, objectives, timelines, and resource allocation.
• Coordinate with stakeholders to ensure alignment with business goals.
• Manage changes, ensuring deliverables meet cost, timeline, and quality standards.

Team Leadership

• Lead cross-functional teams, fostering collaboration and engagement.
• Provide effective leadership and mentor junior project managers.
• Ensure high team performance and take corrective action when needed.

Stakeholder Management

• Act as the primary point of contact for stakeholders, sharing updates on progress, risks, and issues.
• Build and maintain strong relationships with clients, vendors, and internal teams.
• Facilitate decision-making and support implementation of business changes.

Risk and Budget Management

• Identify, assess, and mitigate risks throughout the project lifecycle.
• Manage project budgets, track expenditures, and ensure financial accountability.
• Conduct financial analyses to inform decisions and ensure business viability.

Quality Assurance & Reporting

• Ensure project deliverables meet quality standards.
• Prepare and present status reports to senior management and stakeholders.
• Maintain comprehensive documentation for compliance and knowledge transfer.

Preferred Qualifications:

• Education: Bachelor’s or Master’s degree in Project Management, Computer Science, Business Administration, Engineering, or related fields (NQF 7 or higher).
• Professional Certification: Agile, Prince2, PMP (PMBOK), or equivalent.
• Experience: 5–8 years in complex project management, with exposure to governance, risk, and control.

EducationBachelor`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

Chief Financial Officer – Business Banking Lending Products

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 SummaryThe Chief Financial Officer of the business has end-to-end accountability and responsibility for financial and management reports, forecasts and business performance analysis for BU.
Partners with Managing Executive to transform, to bring stewardship, financial integrity & insights to the current state of the business & its future possibilities to deliver on the operating model and to achieve the business strategy objectives
Co-creates, build and run Finance capabilities required to lead to exponential growth and business effectiveness.
Focuses commercial management (P&L) of the product across the product lifecycle by seamlessly integrate product value propositions into customer value propositions and own the product infrastructure (Process and Technology) on which the product runs to support the target customer experience.

Job Description

Strategy

• Seamlessly integrates for internal supply chain effectiveness and functional integration.
• Execute Functional strategy, create a shared purpose and identity for function
• Accountable for ensuring an optimal and compliant control environment within business unit that appropriately balances risk appetites and customer demand with the need to grow to achieve the financial ambitions and balance sheet aspirations
• Manage the strategic investment budget and Book of Work spend for business, in alignment with the enterprise strategy and prioritised in line with Cluster’s commercial and cultural aspirations. Also ensures that appropriate Returns on Investment (ROI) are realized by building a culture and discipline of benefits tracking.
• Influence shape and sustainability of the business by operating from financial management to market presence and product mix or service lines, to technology, talent, help deliver new revenue streams, to leveraging mergers, acquisitions and divestitures as appropriate.
• Embrace our distinctive brand aspiration and infuse in business.
• Build a culture of inclusivity, diversity, entrepreneurship, and ownership.
• Drive Cluster decisions within Business. Drive BU decisions.
• Accountable for finance narratives & insights driving business.
• Take an eco-system mandate: (geography, customer, channel and product) of business area.
• Influence integration of Treasury, Risk, and Finance from a BU perspective.
• Influence the build of a leading global payments hub, where applicable.
• Stimulate behavior in business to achieve strategic and financial objectives. Provide leadership to ensure alignment of financial and business strategies.
• Maintain stewardship and excellence which drives performance and sustainable growth through preservation of financial integrity.

Profit and Loss

• Co-accountable for business growth and profitability.
• Accountable to ensure that reporting, controls and enterprise risk programs are operating and functioning as intended.
• Support business leaders in achieving business goals and objectives through the use of advanced modelling and analysis to provide actionable intelligence, beyond data.
• Responsible for financial rigor and control.
• With regards to BCM and Cyber security, influence focus on vulnerability and internal controls assessment to review the data supply chain and identify the location of sensitive data. The CFO needs to understand the risks and then develop a plan to align the BCM & cybersecurity strategy with the business strategy. CFOs must also ensure that processes are in place to understand the relevant BCM and cybersecurity compliance and regulatory requirements.

People Investment

• Coach, inspire, engage, mentor and develop financially and business savvy leaders.
• Build a scalable, digitally-led business.
• Help shape society by developing innovative solutions to societal challenges; and expand and augment existing capabilities.
• Embrace a different, more commercial and overtly entrepreneurial way of doing things.
• Focus on Finance skills evolution with innovation and employability at the heart of people management.
• •ntegrate Big Data and Advanced Analytics into the core of our business.
• Build specialised Finance skills to support mergers and acquisitions, and partnership capabilities to drive opportunity.
• Providing thought leadership to the industry.
• Deliver on our Customer Promise by creating unprecedented, seamless experiences.
• Be an enabler of capabilities, talent and service level to fulfill business and functional responsibilities in an innovative efficient manner.

Education

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

Release Train 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 SummaryThe main purpose of this role is to ensure overall alignment and effective delivery of the Programme Increment Planning (PI) objectives to ensure the successful delivery of Epics/Features/MVP in line with the set governance principles and business strategy.

Job Description

Key accountabilities

Accountability:  Alignment of the agile release train(ART)

• Facilitate the design process of key deliverables and secure authorisation from primary stakeholders
•  Design, implement and facilitate process to ensure alignment on key deliverables and direction to encourage collaboration and agile delivery between all parties
•  Design and implement measures to help the teams on the ART note and track PI objectives, dependencies, impediments, and delivery progress
• Facilitate the building of monitoring tools to monitor and track progress against objectives and delivery progress
• Support the design, integration, and execution of end-to-end tactical enablement strategies across the ART and the supporting infrastructure to drive the collaboration between all parties affected by the ART
• Facilitate the building of integrated enablers to drive seamless delivery of PI objectives

Accountability: Optimisation of the Agile Release Train (ART) capabilities

• Facilitate the building and integration of capabilities to enable the execution of the agile train release capability
• Facilitate the design and implementation of service standards for the full agile train release capability
• Define, implement and monitor service level measures for the primary and secondary stakeholders (product owners, management and other stakeholders)
• Implement and drive capabilities and associated measures/analytics to optimise the ART enablement activities

Accountability: Optimisation of delivery of Agile Release Train events

• Facilitates or ensures the facilitation of ART-level synchronisation
•  Drive simplicity, agility, innovation when conducting PI planning, inspecting and adapting events on all ART practices and processes.
•  Supports the scrum masters in effectively coaching their teams on the effective execution of all other team events such as the Daily Stand-up, Iteration Planning and Review and similar events
•  Drives a culture of relentless improvement, through facilitation of ART level inspect and adapt workshops.  Continuously challenges current ways of work to improve delivery, by incrementally improving quality, predictability, flow and value

Accountability: Performance management

• Analyse and interpret data to produce detailed reports explaining trends, discrepancies and inconsistencies.
• Support the design of measures that will track daily, weekly and monthly progress/performance against strategy and tactical plans
• Ensure timeous reporting on performance
• Responsible for translating Management Information data and reports and tabling insights gained through studying such integrated business (function) reports to measure success and to realign tactical strategy implementation objectives appropriately

Accountability: Risk and compliance

• Responsible for:
• The effective implementation of and adherence to the risk and control framework associated with service enablement
• Driving the remediation of risk daily where control design or operational execution failed resulting in losses/breaches
• Ensuring that all compliance, regulatory, governance or other risk standards are adhered to by all service providers and other stakeholders

Accountability: Finance

• Develop, implement and monitor a cycle of medium-term cost improvements
• Compile a budget that aligns to delivery plans, monitor and report on variances
• Manage high-risk and problematic financial issues and contribute to the development of policy

Accountability: People and culture management

• Apply a collaborative leadership style, create an engaging, enabling and productive work climate and enable self-organised and customer focused multi-disciplinary colleagues to deliver on an outcomes-based performance basis
• Implement people strategies that drive the optimum utilisation of human capability and capacity, clarifying requirements and expected outcomes
• Achieve high performance through embedding formal development plans and informal coaching.
• Implement a robust knowledge management and agile learning system to support real-time learning and the constant communication of new ideas/learning amongst all colleagues

EducationBachelor`s Degrees and Advanced Diplomas: Information Technology

Junior Officer: Customer Service (C&B)

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 deliver customer support services to enhance the customer experience through the execution of predefined objectives as per agreed standard operating procedures (SOPs). Selecting this role has a compensation & benefit impact in Seychelles. Please contact Reward for details.

Job Description

Customer Service: Respond efficiently, accurately and courteously to all customer service matters, complaints, requests | Support the development and maintenance of processes in Customer Services Centre: Adhere to all processes in the CMP Customer Services centre and identify opportunities to improve Client Servicing processes | Monitor and control risk associated with the Customer: Ensure that all activities performed in providing Customer Services comply in all respects with Absa’s risk and compliance policies and procedures as well as legal and regulatory requirements | Stakeholder Management: Establish and maintain good professional relationships with relevant stakeholders so as to remain abreast of their needs and issues and respond rapidly and effectively | Self-development: Owning and being proactive about own training and development | : | : | :

EducationFurther Education and Training Certificate (FETC): 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

Treasury Analyst (IRRBB – Interest Rate Risk in Banking Book)

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 SummaryAssist the ALM Manager for in-country IRRBB risks – activities, control requirements and responsibilities relating to the management of Interest Rate Risk in the Banking Book (IRRBB) and Foreign Exchange Risk in the Banking Book in Absa Bank (Mauritius) Limited (Absa Bank or the Bank).

Job Description

Interest Rate Risk Management (IRRBB)

• Ensure adherence to the in-country regulatory and internal IRRBB requirements. 
• Co-ordinate all IRRBB applications (including Behavioural analysis).
• Engagement with Finance Team to understand balance sheet composition, mapping and reconciliation (Finance Balance Sheet vs IRRBB Treasury reports including BA610).
• Understand QRM application.
• Measurement, analysis and interpretation of interest rate risk in the banking book.
• Perform behavioural analysis (in support of ARO).
• Ensure all behavioural assumptions are in line with Absa Treasury guidelines.
• Achieve an appropriate risk profile within Group standards and risk tolerances by centralising, netting and hedging all manageable risk via the Treasury Execution Services (TES) desk.

ALCO Process

• Timely production of monthly ALCO pack to required standards.
• Collection of information – business, finance, TES.
• Conversion to required formats.

Mandatory Risk and Control objective

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.

Role/Person Specification

Education and Experience Required :

• Degree in Finance, Economic or Statistic with minimum 5 years relevance experience or equivalent of 8 years bank related experience with emphasis on Treasury.
• Relevant Treasury Qualifications (ACI / ACT)

Knowledge, Expertise and Experience :

Essential 

• Measurement, analysis and interpretation of risks, especially interest rate and liquidity risk. 
• Understand business assets and liabilities products
• Sound knowledge of Balance Sheet 
• Under-graduate qualification in Finance, Economic or Statistic

Preferred 

• Extensive experience in Treasury / Finance

Competencies: 

• Detailed knowledge of the Treasury / Finance and oversight process 
• Detailed knowledge of interest rate risk management including structural and behavioural analysis
• Detailed knowledge of liquidity and funding risk management 
• Knowledge of treasury, retail, corporate and capital markets products
• Appreciation of finance and risk issues
• Self-starter without supervision
• Deciding and initiating action
• Learning and researching
• Relating and networking
• Adapting and responding to change
• Persuading and influencing

EducationHigher Diplomas: Business, Commerce and Management Studies (Required)

Regulatory Reporting Analyst

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 SummaryThe regulatory reporting of Liquidity risk and Capital positions is an integral responsibility of Absa Bank Zambia Treasury and the Absa Group, ensuring best in class practices to support the Group Board, ALCO and Regulators understanding of Liquidity and Capital risk managed in the Bank, and delivering compliance under Country and Group prudential regulations.

• The purpose of this role is to lead the production and submission of Prudential returns, BA610 reporting, Management reporting subject-matter expertise, and analytics relating to the Liquidity risk and Capital reporting to the Bank of Zambia (BOZ) and South African Reserve Bank (SARB). This entails ensuring Absa Bank Zambia’s reporting is complete and accurate, and carried out in compliance with Regulatory requirements and internal Absa Group policies and standards.

• This includes providing governance leadership, ensuring model monitoring and controls are applied throughout the process to ensure the internal metrics, regulatory returns, and market disclosures are accurate and aligned to relating functional areas. This role is pivotal in order to meet Absa Bank Zambia and Absa Group Regulatory reporting commitments and ongoing regulatory compliance.

Job Description

Accountability:  BA610 Liquidity and Capital reporting

• Lead the submission and production of the BA610 Liquidity risk and Capital returns for the SARB, ensuring compliance with Basel IV standards and relevant regulatory and internal policy changes
• Lead the production and management of the monthly analytics required to explain and monitor the core drivers of the Liquidity gap, Liquidity Coverage ratio (LCR), Net Stable Funding ratio (NSFR) and related liquidity risk metrics
• Lead the production and management of the monthly analytics required to explain and monitor the core drivers of the Capital ratios and drivers of demand and supply of Capital positions under local Bank of Zambia regulation and SARB regulations
• Report liquidity risk and capital positions and changes on a monthly basis and agree the risk mitigation activities required with to mitigate risks and operate within risk limits, ensuring engagement and alignment with Finance and Risk.
• Lead the production of monthly and ad hoc MI required to explain Liquidity and Capital risk metrics arising in the business
• Lead the production of monthly prudential schedules for consolidation into the Finance Prudential submission to BOZ.
• Lead engagement with the QRM modelling team to ensure the Entity and Liquidity risk balance sheet and risk positions are appropriately modelled

Liquidity & Capital management

Accountability: Reporting accuracy, regulatory compliance and Operational effectiveness

• Develop an internal network with Country Finance, ARO Treasury, Finance, Technology Enablement and Group Regulatory Reporting to ensure alignment between balance sheets, internal metrics and regulatory disclosures
• Prepare and present regulatory dashboards / packs for inclusion in committee meetings for senior management to make effective decisions.
• Support the Regulatory Reporting Models owner in the monitoring or enhancing of existing data and reporting models and ensuring the models comply with Group standards and governance
• Partner with various ARO and Group stakeholders to ensure data quality issues are resolved and controls are put in place to mitigate the risk of inaccurate regulatory reporting.
• Lead the automation and operational effectiveness of the BA610 reporting, to support sound business management

Accountability: Stakeholder Management

• Present regulatory risk results in regulatory reporting review meetings.
• Liaise with regulatory stakeholders and support functions on various projects and ad hoc tasks.
• Collaborate with business and country teams to optimise balance sheet composition and resulting liquidity and capital metrics
• Provide support for meetings with Internal and External Audit teams during the various audit processes, where required
• Collaborate with data and finance functions to ensure Audit findings are resolved and liquidity and capital reporting amended to ensure continued compliance with regulatory requirements.

Accountability: Collaboration with Colleagues

• Interface with the Head of Balance Sheet, Treasury Analyst and TES Manager to understand the operating environment and to assist them to execute specific initiatives assigned to them.
• To provide line management support to the Head of Governance by facilitating administration of Performance Development, Training plan, leave and absence management.

Education and Experience Required

• Degree to honors level, or professional qualification such as ACCA, CIMA or ZiCA

• A good understanding of the Bank’s general policies and procedures
• Detailed Front Office knowledge and experience aligned to Banking, Corporate, and Treasury.

• High level of computer skills – relevant packages e.g. Word, PowerPoint and Excel 
• Ability to negotiate and challenge
• Risk and control techniques (risk assessment, mitigation & management)

• Analytical and Problem-solving ability
• Strong communication and stakeholder engagement skills
• Robust understanding of the current regulatory environment that Treasury operates in
• Proven experience on risk control related initiatives affecting Front Office

• Highly numerate with a strong analytical background.
• Experience in Liquidity risk and capital management
• Strong regulatory / financial reporting expertise
• Sound experience with senior management reporting
• Banking experience in a treasury environment, risk or finance
• QRM risk modelling experience (not mandatory)

 Competencies:

• Strong attention to detail and diligent in managing processes to a high standard

• Keen interest in developing technical skills in risk management
• Good communicator and able to present technical content in a meaningful manner to management
• Well organised and able to manage multiple responsibilities to deadlines
• Able to interact efficiently and professionally with business stakeholders.

EducationHigher Diplomas: Business, Commerce and Management Studies (Required

Manager: Treasury Management & Trading

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 SummaryTo be accountable for the Treasury Execution and Investment functions, focusing on executing all Funding (both foreign currency accounts, Local currency clearing accounts at Central Bank, cash and any other inter-bank or Central Bank account funding at such a time as determined by market or central Bank) and investment needs of the Bank and the day-to-day management of the Market, Liquidity and Credit Risks that lie within the Treasury Execution Portfolio.

Job Description

Funding Curve/Book Ownership and Structure

• Develop local currency funding curves based on market factors and internal balance sheet structure.
• Drive strategy on local versus hard currency funding in the Bank and act as review and challenge for business.
• Set-up Treasury Funding Execution books and Treasury Execution Services (TES) Investment books and ensure full ownership of trades, bookings, P&L and Risk.
• Ensure any global changes in pricing of curves, hierarchy set-ups, or trade execution bookings are implemented in a timely manner.
• Develop and implement liquidity term premiums in local currency and ensure that these premiums are embedded in the FTP process in order to incentivize the correct behavior based on the balance sheet structure.
• Interact with business (Corporate, Business Banking and Retail) to ensure funding curve is appropriate for business strategy and provide training to business on funding curve construction.
• Cash flow management reports where applicable and daily and long-term view cash flow projections.
• Direct Dealing and Large deals management in liaison with Business Functions and establishing relationships with large fund providers.

TES Risk Management

• Liaise with Treasury Analyst and Head of BSM to ensure that all relevant businesses are transfer priced according to the Transfer Pricing policy in a consistent, transparent and fair manner
• Ensure all the resultant risks, quantified above, are well understood and ensure the Funding Curve is set taking the above business risks into account
• Develop strategies to reduce the balance sheets risks created in the normal course of banking business together with ALM, achieve these strategies by incentivizing business and by advising on products to be rolled out in the Retail, Commercial and Wholesale market
• Represent TES on country / regional ALCOs as necessary do provide feedback on net risk positions and resultant Funding curve incentives
• Provide country insight into stress testing and work with Treasury Head of BSM to highlight jurisdiction / country specific issues
• Work with business on trades, to ensure compliance with liquidity regulations, whilst ensuring the best commercial outcome
• Work with Finance to implement hedge accounting solutions to better enable economic hedging of liquidity, whilst minimizing MtM accounting volatility, including hedging of Country FX risk in the Banking Book
• Take Full ownership of TES risk positions, P&L generated and actively manage both.

TES Reporting

• Daily circulating of Yield curve to the business
• Weekly liquidity conditions update (Daily in times of stress), including risk metrics
• Monthly balance sheet updates on key liquidity and market risk metrics
• Local Currency Funding curves presented monthly at ALCO’s
• P&L explanations of TES book and ownership of the flash process
• Desk level risk reports.
• Explain DVar in relation to TES positions

Financing for the Firm

• Create wholesale funding franchise in Local Currency
• Establish customer base and work with Sales/Business Functions to originate funding
• Publish Fixed and Floating deposit screens to attract deposits and work with clients to ensure smooth process of daily funding execution
• Work with regulators and other interbank participants to develop the Money Market in country
• When required, work with DCM to issue senior debt in country

Long term funding:

• Coordinating with the local team the issuance of (where appropriate):
  •  Unsecured funding (senior and subordinated capital)
  •  Secured funding (securitization)
•  Managing the bond maturity (refinance) profile
•  Identifying new funding sources and diversification opportunities
• Managing Investor relations & debt related investor enquiries

Key actions to include:

• Participating in the Treasury Investment Committee

• Managing Surplus Liquidity and Liquidity Buffers to optimise risk / return
• Investment of Liquid Assets to meet regulatory requirements and serve as a hedge for structural balance sheet positions
• Formulating and implementing efficient asset/tenor allocation strategies by staying close to the market and enhancing value for the firm
•  Enhancing portfolio yield relative to benchmark hedges provided by business within Market Risk guidelines
•  Compiling and distributing detailed MI on portfolio composition and performance and drivers of performance

Investments

Key actions to include:

• Participating in the Treasury Investment Committee
• Ensure optimal portfolio returns within investment committee mandates and strategy (liquidity first objective, IRR management second objective, optimization third objective in order of priority);

• Managing Surplus Liquidity and Liquidity Buffers to optimise risk / return
• Investment of Liquid Assets to meet regulatory requirements and serve as a hedge for structural balance sheet positions
•  Formulating and implementing efficient asset/tenor allocation strategies by staying close to the market and enhancing value for the firm
•  Enhancing portfolio yield relative to benchmark hedges provided by business within Market Risk guidelines
•  Compiling and distributing detailed MI on portfolio composition and performance and drivers of performance

Risk & Control/ Risk Management   

Interest Rate Risk in the Banking Book (IRRBB) management-

• Ensure that the bank’s investments are managed within IRRBB limits.
• Conduct a monthly investment Committee and ensure that:
• Ensure investment committee pack is done timely and minutes signed
• Ensure Investment decisions are made in line with the committee’s mandate and Terms of reference.
• Explain IRRBB and EV in relation to TES positions
• Table the Investment Committee minutes at Alco for approval;
• Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Operational Risk Framework and internal Absa Policies and Standards.

Specifically on Regulatory Compliance

• Ensure compliance with Central Bank reserve requirements for both local and foreign currency
• Ensure compliance with Central Bank Core Liquid Asset requirements
• Ensure compliance with Central Bank Offshore placement limits.
• Ensure the Monetary Policy rate changes are advised to IT for changes as soon as Central Bank communication is received                                                                                                                                    

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

Senior Manager: Finance

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 SummarySpecific Role Purpose: The purpose of this role is to execute on performance and analytical processes that enables management of the Channel Infrastructure and Change business performance to achieve financial and non-financial goals, forecasting the impact of actual performance, identifying the key value drivers and understanding the actions required to bridge between forecast and actuals. Tracking the performance of initiatives. This role is responsible for developing financial models (as and when required) that tracks the performance of current partners and assesses the commercial viability of new partnerships against a firm framework. Information gathering for market analytics and insights around best practice, efficiencies and competitor and market trends. In addition, this role is responsible for managing the overall financial planning cycle process for Channel Infrastructure and Change.
The Finance Manager provides tactical and practice leadership in the end-to-end financial management of business, including deep dive analytics, generating management reports, statutory compliance, scaling automated financial processes to crafting financial solutions aligned to business financial health and growth objectives within his/her function of the BU.
The Finance Manager of the business enables achieving the operational objectives of the business by building an agile finance enablement to transform, to bring stewardship, financial integrity & insights to the current state of the business & its future possibilities to deliver on the new operating model and to achieve the business strategy objectives set by Absa Africa United for RBB.
The Finance Manager co-creates Finance capabilities required to lead to exponential growth and business effectiveness.

Job Description

Commercial Finance Execution Accountabilities

• Responsible for tactical and practical finance operations relevant to optimize the function to enable business to achieve growth and profitability objectives.
• Ensure that the CFO is appraised of key financial issues that need to be raised with executive leadership to enable integrity and timely management the BU.
• Creating unprecedented, seamless customer experiences via finance BU enablement.
• Embrace our distinctive brand aspiration and infuse in business.
• Identification and innovating global best operating practices to optimize the function.
• Drive continuous process efficiency, financial rigor and controls. Pioneer and implement Finance best practices, digital solutions and effective change enablement. Contribute to building a scalable, digitally-led business.
• Deliver on tactical solutions to achieve cost management objectives.
• Adopt what’s ‘best for absa’ approach in finance practices.
• Take an eco-system view of business, that is, geography, customer, channel and product in consulting with business.
• Book of work contribution: Build innovative finance business case and benefits tracking’s’ solutions to ensure alignment of core business with future business objectives to appropriately inform management decisions.
• Influence optimal and compliant control environment within business unit that appropriately balances risk appetites and customer demand with the need to grow to achieve the financial ambitions and balance sheet aspirations of RBB.
• Contribute to the effectiveness of the core finance processes for RBB Finance (annual planning, forecasting, spend trajectory and reporting).
• Contribute to innovative performance measurement solutions and partner with the business leaders to evaluate their productivity, enable wise resource allocation, and drive intelligent scenario planning.
• Influence a commercial leadership context by presenting business performance in the context of profitability analysis and markets/segments/customers/products to help drive financial growth. Drive the themes of customer value and revenue.
• Influence integration of Treasury, Risk, and Finance from a BU perspective.
• Influence the build of a leading global payments hub, where applicable.
• Maintain stewardship and excellence which drives performance and sustainable growth through preservation of financial integrity.
• Be an active force for good in society through business execution.
• Contribute to BCM & cybersecurity processes relevant to the BU and finance execution.

Financial Reporting Accountabilities

• Build trust in the finance function through the creation of a single source of financial information which is corroborated by related management information sources.
• Develop innovative easy to comprehend progress reports for leaders on their strategic agenda, short-term and long-term plans and investments, operational success metrics, efficiencies, risks and mitigations.
• Embed the correct governance and control frameworks across the Finance team, as well as for proactively addressing any deficiencies and exceptions.
• Critically assess underlying operational and financial performance in the context of key underlying business drivers and provide leadership with commercial insight into performance.
• Seek advanced modelling and analysis capability to provide actionable intelligence, beyond data within the function.
• Develop finance narratives and insights driving business; and build pioneering new propositions.
• Ensure appropriate, quality and timeous delivery of accurate financial and non-financial management information to support business objectives and expectations, including appropriate financial and non-financial metrics, valid and insightful comments and packaging the information in a relevant and appropriate manner.
• Deliver reporting reflecting deep commercial, holistic understanding, coherency, clarity, and contextualisation. Tell the story with passion and conviction.
• Provide thought-leadership, insight, influence and challenge on evolving stakeholder information requirements and reporting processes to deliver analytics.
• Align to processes around month-end, year-end and planning cycles across the RBB finance community and BU based on the requirements from Group. Prepare for all cycles in advance and ensure adequate engagement with the relevant finance and BU teams.
• Manage the production of regular, high quality, standardised financial and non-financial reporting and analytics to Business and Finance; and focus on effective collaborative stakeholder hand-offs in the production.
• Have regular feedback review sessions with key stakeholders to obtain feedback on current outputs produced and to understand requirements for any new requirements.
• Regularly review all outputs produced by the team to ensure that they are still relevant and consistent with stakeholder requirements.
• Proactively challenge the team to identify areas in which the content, presentation or delivery of the outputs delivered by the team can be improved or made more efficient.

People Investment Accountabilities

• 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.
• Embrace the value of finance partnership in Big Data, Advanced Analytics, mergers and acquisitions, and partnerships into the core of our business.
• Influence industry thought leadership to create industry benchmark standards.
• Help build BU leadership capability by influencing deep understanding of income statement, balance sheet, margin returns, variance analysis, capital and liquidity requirements, revenues, assets, liabilities and capital, expenses, headcount analytics and other key ratios through relevant engagement.

Role / Person Specification

• Minimum B-degree (NQF level no.7) Desired Post Graduate Degree (NQF level no.8+), CA (SA) or CIMA or MBA qualification preferred.
• 4+ years professional financial management experience
• 4+ years Banking Experience at a management level
• 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
• Knowledge of building collaborative work environments

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

Senior Funding and Liquidity Management 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 SummaryThe Funding and Liquidity Management team formulates and executes on the overall Absa Bank funding strategy which is designed to support the strategic liquidity risk management objectives of the Bank. This means ensuring that the Bank is appropriately funded to meet Regulatory and Internal requirements.

Job Description

Accountability: Delivering Funding Strategy

• Manage the overall funding and liquidity position of the Bank through various engagements with business units
• Assist with formulating the funding strategy and create the presentations required for internal stakeholders and /or investors

• Review and challenge of business unit funding plans in line with liquidity risk framework
• Ensure that business units deliver on the funding strategy within the approved limits, constraints and risk appetite
• Set and ensure delivery of wholesale funding targets and initiatives in line with Treasury funding plan
• Monitor and ensure funding metric compliance (including LCR and NSFR) and liquidity policies
• Review new products from the perspective of all liquidity and funding requirements
• Provide management reports into the relevant Committees (e.g. Absa Treasury Committee)

Accountability: Optimise Funding Metrics

• Drive funding optimisation initiatives
• Ensure applicable liquidity management frameworks are implemented and maintained to support the liquidity optimisation process
• Perform balance sheet and peer analysis
• Provide advice on structuring deals to obtain optimal liquidity metrics

Accountability: Efficiency and Scalability

• Identify and drive change management requirements of funding management

Accountability: Relationship Management

• Develop and maintain effective relationships between business stakeholders and Treasury

Accountability: Reporting

• Prepare reporting packs to senior stakeholders regarding Funding and Liquidity Management
• Preparation of MI for senior management to make effective decisions
• Calculate Dollar LCR and NSFR and daily Early Warning Indicators

Accountability: People Management

• Motivate yourself and the team to produce excellent results

Education and Experience Required

• Qualified CA or CIMA / B-degree in (Accounting/Statistics/Risk Management)
• At least 4 to 6 years of banking experience required of which at least 2 should be in a Treasury / Regulatory / liquidity environment

Knowledge & Skills: (Maximum of 6)

• Funding and liquidity management
• Broad banking understanding (Big picture view required)
• Basel III knowledge (including LCR and NSFR)
• Understand functioning of a Treasury
• Regulatory knowledge
• Understanding of financial markets e.g. (debt and capital markets)

Competencies: (Maximum of 8 competencies)

• Excellent presentation skills required
• Ability to drive decisions and manage expectations
• Data manipulation in Excel and SAS
• Attention to detail and accuracy in reporting
• Business acumen

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

Wealth Investment 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 SummaryManage and grow a portfolio of high net worth clients, trusts, investment holding companies and businesses, servicing their local and offshore investment and fiduciary needs. Formulate tactical strategy and associated delivery plans related to single practice areas. Ensure proactive integration and operational tactical enhancement.

Job Description

Portfolio Management: Ensure appropriate management of respective portfolios that includes but not limited to client visits and engagement, portfolio performance management, reporting and executing of client requirements | Business Development: Agree financial targets/new business targets and set out tactical plans to achieve this on an annual basis | Risk Management: Ensure that portfolio meets the required risk management standards | People Management: Coach, mentor and manage team members toward driving business objectives and ensuring colleague development (where applicable) | : | : | : | :

EducationBachelor`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

Customer Value Management Specialist- SME Segment, Relationship 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 SummaryTo develop and execute segment specific Client Value Propositions as well as to provide advice, support in the formulation and associated improvement of these segment specific Client Value Propositions for Business Banking.

Job Description

• Client Strategy and Solutions: Design, develop and maintain client value propositions for specific segment and subsegments. Translate the segment client strategies into actionable and measurable CVPs. This is to encompass segment strategy and tactics, products and services, sale and service model, pricing customer experience relationship model and rewards.
• Data & Information gathering and research: Identify internal data and information sources and establish information channels and networks (formal and informal) for the purpose of obtaining pertinent data and information which can be meaningfully transformed into value adding customer intelligence. Obtain internal customer data and information – with an emphasis on the customer segmentation and related segment characteristics, dynamics and behavior.
• Analysis and Insights: Analyze and interpret the internal landscape in terms of Absa customer – inclusive of product usage, channel usage, frequency of interactions, geography, customer experience and performance – in order to provide various integrated views and insights of customer to inform CVP’s. Develop an in-depth understanding of customer (within context of the Absa segmentation) needs and wants through external and internal research.
• Segment research: Identify the need and support the implementation of primary research on the segment market. Actively keep up to date with all relevant knowledge, legislation, competitors and developments within the business unit and banking industry that may have an impact on the Business Advantage
• Customer Value Proposition (CVP) Development, Maintenance and Measurement: leverage insights to identify CVP development requirements and establish development initiatives, in conjunction with the relevant business partners. Engage with various Absa stakeholders to develop deep understanding and insight of the performance of existing product and service propositions, identify areas of performance improvement and translate into actionable plans.
• Business Enablement: Establish and maintain relationships with key internal and external stakeholders to identify cross-functional business growth opportunities and platforms to communicate Relationship Banking Segments business intent and performance objectives.

EducationBachelor`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

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