ABSA Bank – Risk Management Jobs

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Manager Risk Measurement

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 Impairment Manager is accountable for providing expert leadership, oversight and insight across impairment, and portfolio analytics. The role ensures the integrity, adequacy and explainability of IFRS 9 expected credit loss (ECL) outcomes, supports strategic decision making through forward looking analysis and forecasting, and plays a key role in model oversight, and governance within the Home Loans business.

Job Description

Key Accountabilities

Impairment and Portfolio Analytics

• Own and oversee impairment analytics for the Home Loans portfolio, ensuring robust understanding of balance sheet and income statement movements.
• Review collections performance, system impacts and key portfolio metrics to assess emerging risk, trends and structural shifts.
• Monitor and explain monthly movements in IFRS 9 provisions, overlays and capital impacts, ensuring provision adequacy remains within approved risk appetite.
• Provide clear analysis and executive‑level reporting on underlying drivers of portfolio performance and credit outcomes.
• Support portfolio management through proactive identification of risks, opportunities and corrective actions.

Forecasting, Stress Testing and Forward‑Looking Insight

• Perform and review impairment and capital forecasts, including:
  • Intra‑month forecasting
  • RAF, STP and MTP forecasts
• Play a key role in enterprise and business stress testing exercises, critically reviewing, challenging and interpreting model outputs.
• Translate macroeconomic scenarios and stress outcomes into clear business implications for Home Loans.

Strategic and Value‑Adding Projects

• Apply regulatory and accounting frameworks (IFRS 9 and internal risk standards) to inform business strategy and decision‑making.
• Initiate and drive portfolio analytics and insight to support strategic, pricing, acquisition and collections decisions.
• Deliver deep data analysis, trend insights and high‑quality reporting for both routine management and ad‑hoc executive requests.
• Contribute to cross‑portfolio or retail‑wide initiatives where impairment, capital or portfolio expertise is required.

Model Oversight, Data and Validation

• Provide effective first‑line challenge and oversight of IFRS 9 models (PD, LGD, EAD, ECL), including model performance, stability and appropriateness.
• Identify, analyse and drive resolution of modelling, implementation and data issues in collaboration with modelling, technology and data teams.
• Develop a deep understanding of source data, data flows and controls, and recommend solutions to data integrity or quality concerns.
• Support model governance processes, including validation, monitoring, documentation and change governance.
• Review model performance and recommend enhancements or recalibrations in response to portfolio behaviour or regulatory expectations.

Governance and Assurance

• Ensure impairment and portfolio analytics processes comply with internal policies, governance standards and regulatory requirements.
• Support internal and external audit processes, including preparation of documentation, responses and management actions.
• Escalate material portfolio risks, data issues or impairment concerns to senior stakeholders and relevant governance forums in a timely manner.

Stakeholder Management

• Act as a trusted impairment and portfolio risk partner to Credit, Finance, Collections, Modeling and senior management.
• Lead engagements with stakeholders to review portfolio performance, impairment outcomes and forecasts.
• Challenge established approaches constructively and drive continuous improvement in systems, processes and insight.
• Support risk appetite setting, monitoring and interpretation related to impairment and stress outcomes.

People and Capability Development

• Coach and develop team members in line with career objectives and business needs.
• Build impairment, IFRS 9 and portfolio analytics capability across the wider Home Loans risk and finance community through knowledge sharing and collaboration.

Key Competencies

• Strong judgement and structured decision‑making under uncertainty
• Ability to translate complex quantitative outputs into clear, actionable business insight
• Advanced analytical thinking with a high standard of data integrity and attention to detail
• Ability to operate effectively in a dynamic regulatory, economic and accounting environment
• Strong written, reporting, analysis and interpretation skills
• Collaborative, confident and constructive stakeholder engagement style
• Excellent planning, organisation and execution capability

Knowledge and Experience

• Strong practical knowledge of IFRS 9, PD, LGD, EAD and ECL models
• Proven experience in portfolio credit risk monitoring, impairment analysis and forecasting
• Experience in model oversight, validation, performance monitoring or model governance
• Ability to engage and influence senior stakeholders across risk, finance and business teams
• Minimum of 5 years’ experience in credit risk, impairment, analytics or a related role within financial services
• SAS and/or advanced analytical tooling experience will be advantageous

Qualifications

A tertiary qualification in one of the following disciplines:

• Actuarial Science
• Finance
• Mathematics
• Econometrics
• Engineering
• Statistics

An Honours or Master’s degree will be an advantage.

EducationBachelor Honours Degree: Actuarial Science, Bachelor Honours Degree: BMI – Business Management and Informatics, Bachelor Honours Degree: Financial Economics, Bachelor Honours Degree: Statistics, Masters Degrees (coursework and research): Mathematics

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

Click here to apply

Strategy Risk 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.

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 Role, is a technical position requiring regular reports to the Head of Strategy Risk in all matter related to Strategy and Sustainability Risks which feed into CMC and Board, in supporting long term ABMs growth ambitions.

Job Description

• Appetite Reporting and Analysis;
• Risk Landscape and Emerging Risks;
• Stress Testing Exercises (Regulatory and Internal/Group);
• Capital Buffer;
• Integrated Planning;
• Risk Management Programme (Regulatory);
• Support Delivering ICAAP (Regulatory and Group);
• Risk Appetite Statements;
• Market Discipline (Regulatory);
• Coordinate Country Review of the Macroeconomic Variables;
• Manage Country Sustainability Risk Deliveries;
• Appetite Reporting and Analysis;
• Risk Landscape and Emerging Risks;
• Stress Testing Exercises (Regulatory and Internal/Group);
• Capital Buffer;
• Integrated Planning;
• Risk Management Programme (Regulatory);
• Support Delivering ICAAP (Regulatory and Group);
• Risk Appetite Statements;
• Market Discipline (Regulatory);
• Coordinate Country Review of the Macroeconomic Variables;
• Manage Country Sustainability Risk Deliveries;

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

Click here to apply

Manager: Collections Strategy Optimisation and Debt Sale –

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 is responsible for leading and optimizing the end to end debt sale debt sales strategy across the non-performing loans (NPL) lifecycle, maximizing recoveries through structured portfolio sales, data driven valuations and effective management with external debt buyers. The role is within Retail Credit Risk at Vice Principal level ensuring robust governance, pricing discipline and alignment to the Bank’s credit risk and capital management objectives. The roles also lead engagements with external debt buyers and debt collection agencies.

Job Description

Key Accountability Areas

Collections Strategy & Optimization

• Design and enhance collections and recoveries strategies through risk segmentation, SAS‑based data analytics, and strategy testing
• Optimize collections ROI through SAS‑driven delinquent account classification and treatment strategies
• Monitor and improve collections performance against STP and MTP budget targets using SAS‑enabled performance analytics
• Evaluate repayment arrangements, debt counselling processes, and impairment risk management using data‑driven and SAS‑supported insights

Debt Sale Strategy

• Develop and execute the annual debt sales strategy across unsecured portfolios (Card, PL and TxD)
• Drive innovative debt sale strategies (e.g. spot sale, forward flow, activate to buy etc)
• Align debt sale timing with macroeconomic conditions and portfolio performance
• Partner with Finance to assess and recommend SAS‑supported debt sale methodologies, pricing, and write‑off strategies
• Provide analytical and SAS‑based input into decisions on what debt to sell versus retain

Portfolio Selection and Segmentation

• Design segmentation strategies to identify optimal pools for sale
• Define eligibility criteria (eg Balance, legal status, payment behaviour/recency etc)
• Partner with analytical teams and collections strategy managers to assess recoverability vs sale value
• Ensure portfolio packaging enhances competitiveness and buyer appetite

Valuation and Pricing

• Lead portfolio valuation methodologies (NPV modelling, recovery curves, benchmarking)
• Set reserve prices and pricing strategies to maximize proceeds
• Analyze bid outcomes and continuously refine pricing models
• Drive initiatives to push sale prices above book value where possible

Market engagement and Management of Buyers

• Build and manage relationships with local and international debt buyers
• Drive competitive tension in auctions to maximize pricing
• Lead the RFP process, due diligence and bid evaluations
• Monitor buyer performance in forward flow arrangements

Governance, Risk and Compliance

• Ensure all sales comply with legal, regulatory, and internal governance frameworks
• Establish clear approval processes for debt sale transactions
• Manage reputation risk, especially customer treatment post the sale
• Maintain audit ready documentation and controls
• Ensure collections strategies and processes comply with Absa policies and legislative requirements (including the NCA)
• Support audits, governance forums, and continuous risk reviews

Operational Delivery

• Co-ordinate with Risk, Collections Ops, Finance, IT and Legal teams
• Oversee end to end execution: data extraction, legal checks and transfer
• Ensure accuracy and completeness of sale data
• Drive efficiency in execution timelines
• Maintain audit ready documentation and controls

Performance Management and Reporting

• Track and Report on Key KPI’s:

• Recovery uplift vs internal collections
• Sale proceeds vs book value
• ROI on debt sale strategy
• Buyer participation and bid spread
• Develop dashboards and heatmaps to identify opportunities
• Present strategy, performance, trends and insights to governance and risk committees

Innovation and continuous Improvement

• Introduce advanced strategies (eg data enrichment, behavioural scoring etc)
• Explore digital auction platforms and AI driven pricing models
• Benchmark against industry best practices
• Drive continuous improvement in recovery optimization
• Drive efficiency in execution timelines
• Maintain audit ready documentation and controls
• Develop and review SAS‑enabled MI frameworks to monitor strategy effectiveness and implementation adherence
• Ensure collections systems (diallers, strategy management platforms such as TRIAD, and SAS environments) are fit for purpose
• Identify and drive system and SAS model enhancements to support effective strategy execution

People Management

• Lead and develop the Collections Strategy team through performance management, capability building, and analytics skills uplift, including succession planning
• Drive a strong performance culture aligned to the Bank’s objectives

Stakeholder Management

• Internal: Engage senior stakeholders across Collections Operations, Retail Credit Risk, Business, Finance, IT, HR, and Exco forums to support analytic driven strategy initiatives
• External: Debt buyers, legal firms / debt collection agencies, regulators and industry bodies

Required Experience & Skills

• Relevant B‑degree (NQF Level 7)
• 7+ years experience in Collections and/or Retail Credit Risk
• Minimum 3 years people‑management experience
• Strong financial modelling and valuation expertise
• Proven debt sale and experience
• Unsecured lending portfolios experience
• Strong exposure to credit risk models and big data analytics
• Experience developing data‑driven strategies
• Data analytics capability (SAS advantageous)
• Experience with dialler systems and strategy management tools (e.g. TRIAD)
• Strong communication and change‑implementation capability
• Strategic thinking and commercial acumen
• Strong negotiation and influencing skills

EducationBachelor Honours Degree: BMI – Business Management and Informatics

Click here to apply

Head, Fraud Business Performance, Execution & Insights, Fraud Solutions

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

This role supports the executive, Fraud Solutions in delivering the Fraud Solutions Strategy, meeting the expectations of stakeholders by ensuring return on investment through outstanding business performance outcomes and execution that is guided by data and insights.

The incumbent must have leadership experience as the role has a small team of experts focusing on delivering expertise outcomes.

The role requires hands-on skills and experience in building strategies; performance reports supported by advanced PowerPoint and excel skills.

Job Description

1. Effectiveness: Providing Subject Matter Expertise to Risk types, business owners with regards to moving performance and execution to next level. Provide own expertise through a hands-on execution approach in building submissions that are fit for Cluster Excos and Group Excos.

2. Strategic Transformation: Ability to execute strategy to achieve a transformed business with improved productivity that is driven through identification and removal of process waste and implementation of technological solutions that would re-imagine and transform the Fraud Solutions business.

3. Stakeholder Management: Build and Maintain effective Relationships with relevant stakeholders and functional fraud solutions heads including product owners and other key stakeholders with regards to understanding performance of each function and initiating proactive solutions and programmes to re-ignite performance while at the same time managing relationships with product service recipients to ensure that they are proactively managed on any performance gaps that may arise.

4. Customer Experience: Proactively monitor outcomes that impact customers and propose solutions through the collaborative efforts of the head of fraud support and head of fraud customer experience.

5. People Management: Develop a high performing Team that delivers error free products and are motivated to be part of Fraud Solutions family.

6. Risk and Control: Adherence to Policies, Procedures and Regulations to ensure that standards are not compromised in collaboration with head of fraud controls. Risk Reporting: Identify, assess and Report key risks arising from significant events, investigations, audit and control issues across all functions, fraud types and in Product PQR.

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

Click here to apply

Head, Fraud Controls & Fraud Regulatory Compliance, Fraud Solutions

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 Head of Fraud Controls & Fraud Regulatory Compliance, Fraud Solutions is accountable for providing leadership, strategic direction, co-ordination, and oversight in ensuring that Fraud Solutions functions adhere and comply with internal Absa Group Risk policies, Enterprise Risk Management, Process Management frameworks, Fraud Risk Management Standards and Regulatory & Industry compliance. As an independent first line of defense, the role is accountable for independently ensuring effective controls are in place across different disciplines ranging from people, processes and systems; mitigating operational risks and preventing regulatory fines, penalties and/or reputational risks while ensuring compliance to industry association through high quality and robust fraud management process. This includes ownership of quality assurance frameworks and process assessments, the delivery of satisfactory audit and management assurance outcomes. Be the point of contact for risk functions across the group while shaping and influencing fraud risk policies and standards.

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

Job Description

• Understand and stay up to date on all relevant Group Enterprise Risk Management (ERM), compliance, legislative and regulatory requirements and standards, and lead implementation of requirements across Fraud Solutions functions.
• Work collaboratively with Group Fraud and Operational Risks to influence development of Fraud Risk policies and standards.
• Oversee the planning and implementation of various risk assurance and risk compliance reviews and audit activities in line with Fraud Solutions priorities and aligned to Absa assurance plans to ensure compliance.
• Lead the development and or implementation and governance of Fraud solutions Business Assurance, Quality Assurance and testing frameworks (process effectiveness, targeted Management Control assessments) and standards.
• Provide oversight on the delivery of Business Assurance assessments including testing operational effectiveness of critical processes and Targeted Management Control Assessments and counsel on remedial actions.
• Deliver initiatives that optimise that enhance capabilities and the performance of the function.
• Sustain business continuity by continuously assessing process adherence to standards and adherence to risk controls.
• Partner with functional heads to develop risk and control registers and dashboards to monitor risks. Maintain a detailed risk register with mitigation plans and controls for Fraud Solutions to mitigate operational risks.
• Provide management oversight and guidance on the delivery and continuous improvement of quality assurance and testing processes and reports and Targeted Management Control Assessment investigations and reports on high-risk exposure areas.
• Drive the delivery of compliance activities (e.g., compliance training, outside business affiliations).
• Oversee and serve as point of contact for Data Privacy to investigate POPIA and data related breaches and BCM for input on Disaster Recovery Plans.
• Deliver financial reconciliations (provisions and journals) and loss reporting and ensure Functional heads are informed of STP targets and actual losses to ensure fraud losses are operating within the defined Risk Appetite parameters.
• Develop and manage budgets and drive cost efficiencies to optimise both business efficiency and financial performance
• Manage internal stakeholder engagements as it relates to risk and control management and adherence. Stakeholders include Clusters, products and clusters served by Fraud Solutions and not limited to Fraud Solutions Functional Heads and supporting functions.
• Be the eyes and ears for Fraud Solutions in ensuring that a positive risk culture and climate is achieved and sustained through being the voice of reason and independence in challenging processes, project governance and ways of work that support a positive risk landscape.

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.

Click here to apply

Senior Impairment Reporting Specialist- VP

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 Senior Impairment Reporting Specialist- VP role is accountable for:

•Management of impairments across Corporate and Investment Banking (CIB) South Africa, which includes monthly analysis and accurate reporting, communication to stakeholders within Credit, Finance and Front Office.

•Driving the continuous enhancement of impairment models by liaising with Model Development teams for IFRS9 models to understand as well as check and challenge model methodology.

•Annual planning cycles, which involves the compilation of impairment outlooks for base and stress scenarios as well as scenario specific sensitivity analysis across the portfolio.

•Stakeholder management across CIB and Group senior management.

•Driving efficiency and improvements within the team and greater CIB Credit Risk team.

Job Description

Accountability: Impairments

• Support Impairments Governance Forum including relevant and accurate reporting

• Support Credit Risk, Finance and Business stakeholders by communicating final impairment numbers monthly and answer/resolve impairment related queries.
• Assist in planning, co-ordinate and prioritize projects/initiatives within the environment and ensure regular feedback to stakeholders as well as status of projects are communicated.
• Ensure compliance to prescribed policy by liaising with policy team.
• Explain impairment methodologies to Internal and External Audit and different Business Units.
• Assist Chief Credit Officer for CIB and Group in their oversight responsibilities through coordinating aggregated reporting to the extent requested to do so.
• Generate timely and accurate impairment reporting, attending to impairment queries as and when they arise.

Accountability: Planning cycles (ad hoc and annual business as usual), as well as aiding in relation to specialized analytics to the extent requested by stakeholders

• As part of the budgeting process, assist with the compilation of base impairment forecasts, as well as stress tested figures, present such figures to CRO, Finance and Business for sign off and address any queries that may arise during the process.
• Liaise with the Stress Testing modelling team in an advisory capacity to ensure appropriate use of data and models to arrive at output that is suitable for intended purposes and is in line with expert judgement.
• Conducting impairment sensitivity analysis (where required) through engagements with Chief Credit Officer, Enterprise Risk Management and Credit Heads.

Accountability: Methodology and Projects

• If requested, act as a liaison between credit and the modelling team in relation to methodology questions/ understanding requirements that may from time to time arise (particularly in relation to the IFRS 9 models).
• If requested, participate/ drive (as may be appropriate) Credit related projects. Manage Ad-hoc queries from Credit, Finance and Business.

Accountability: Relationship & Stakeholder Management

• Liaise and engage with various internal Stakeholders (e.g. Credit Exco, Finance, Business and Technical Accounting Group) to secure their respective support in the implementation of impairment strategies.
• Secure support from Modelling Team, MI, CRAG, Business & Finance teams to deliver accurate and robust MI and Impairments (analysis and figures).

Accountability: Governance & Compliance

• Review the model outputs, MI and processes and provide reports to governance committees to ensure that activities and processes are compliant with the internal policies.
• Ensure that there is compliance with all internal policies and procedures in the team.

Education and Experience Required

• BCom, B.Sc. required in Finance/Risk/Statistics etc.
• Honours beneficial
• Professional qualification in either trading (CFA), accounting (CA) and/or risk (FRM) advantageous
• A minimum of 5+ years of experience in credit risk or investment banking essential

Knowledge & Skills: (Maximum of 6)

• Credit Risk Management for SME, Business Bank or Corporate clients
• Knowledge of (Advanced) Impairments
• Knowledge of (Solid) Relevant Impairment Modelling
• Quantitative and Analytical thinking (Advanced)
• Knowledge of (Solid) Relevant accounting standards
• Stakeholder Management Skills (Solid)
• Sound knowledge of Banking Credit

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

Click here to apply

We wish you all the best with your applications