Absa Vacancies – 10 June

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

Specialist AC Process Executor

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 SummaryFinancial Control is responsible for ensuring that Absa Africa fulfils its financial, statutory and regulatory reporting requirements, while ensuring compliance with accounting, regulatory and balance sheet control policy. Financial Control comprises the following areas: Accounting Control, Reporting & Analytics, Policy Governance & Controls, Technology Enablement, Cluster Control and Technical Accounting. Financial Control serves as the Group’s primary interface with the auditors and regulators.

Accounting Control owns the processes that enables sustainable, accurate and timeous financial information in support of reporting to external and internal stakeholders. The individuals will operate in the key processes in Accounting Control.

Job Description

Accountability: Manage financial information completion process (60%)

• Act as a process executor for completion of financial information, including the accountability for the following key processes:
• Journals and month-end close;
• Reconciliation;
• Completion of Supplementary information;
• Consolidation and Internal eliminations;
• Tax;
• Accounting Functions;
• Support to Process Owners on resolution of issues and requests from stakeholders including:
• Cluster Financial Controller;
• Cluster CFO/BP&A team members;
• Other Financial Control functions;
• Managing/obtaining TAG opinions and ad hoc queries on accounting issues.
• Act as the process executor for implementation of new standardised processes where relevant;
• Provide feedback to stakeholders on results reflected in the financial accounting system, as well as issues identified where there are potential risks to numbers;
• Act pro-actively in correcting issues and implement a sustainable process
• Ensure that principles of the Financial Control Operating Model are complied with and sustained;
• Maintain and enhance processes;
• Identify areas of improvement in completion, review and or submission processes to drive and implement a sustainable and effective process in support of quality and accuracy;
• Identify synergies between different reporting processes and implement new and or enhanced processes;

Accountability: Provide support to other process executors through motivation and employee engagement (20%)

• Understanding and managing team dynamics to maximize performance;
• Escalate issues around allocation of resources to process architects tasks to ensure delivery of team objectives;
• Ensure continued development of resources, through coaching and mentoring, to empower value added delivery of tasks;

Accountability: Process Execution (20%)

• Execution of processes as designed;
• Constantly review, improve and maintain own activities to enhance the effectiveness and efficiency of processes;
• Recommend areas for improvement in order to reduce cycle times, improve productivity, create capacity and improve process reliability and customer satisfaction;
• Assist in the implementation of new and/or enhanced processes;
• Identify activity-specific risks and work with Process Owner / Process Architect to mitigate risks;
• Maintain awareness of own activities and the impact thereof on related / interdependent activities;

Knowledge & Skills: (Maximum of 6)

• Exceptional interpersonal and team-working skills;
• Ability to identify control gaps and weaknesses;
• Ability to interpret the end-to-end flow of financial data;
• Strong problem-solving skills;
• Analytical skills;
• Negotiation skills;
• The ability to work in a pressured and unstructured environment and to cope with the demands of working to tight deadlines;

Education and Experience Required

• B degree / similar qualification in a financial / related discipline or CA(SA) newly qualified / 1 to 2 years PQE experience;
• Business experience in a Banking / Insurance environment gained from a Finance, Product;
• Experience in SAP advantageous;

Competencies: (Maximum of 8 competencies)

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

EducationBachelor`s Degrees and Advanced Diplomas: 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.

Click here to apply

Head of Balance Sheet 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.

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

Job DescriptionSolutioning & Advisory: Provide ongoing support to senior advisors in driving business development and subsequently business targets through monitoring and identifying opportunities within the portfolio (cross selling and up-selling) | Client Engagement: On a regular basis engage with clients around current product requirements and future product requirements to ensure client expectations are met and ultimately value created for business and client | Risk and Control: Ensure that all risk and control requirements relating to the portfolio are met and/or implemented as required | : | : | : | : | :

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

Click here to apply

Operations Officer Underwriting

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

Job Description

Vetting of loan/Credit Card applications:

• Receive loan application to be scored, verify signature of branch manager, acknowledge receipt and return acknowledged schedule to the branch.
• Vet all loan applications by checking that all supporting documents have been received and verifying that loan applications have been properly completed.
• Check data captured by Personal Banker / Relationship Manager line by line and authorize on the system if all items have been captured correctly.
• Release the results of the credit scores (fates) to the branches through e-mail.
• For overrides for appeals as instructed by the Head of Retail Credit. Update the fates sent to the branches.
• Received credit card applications through Sybrin for vetting.
• Underwriting Log Sheet is updated.
• Retrieve CIS Report from the CBS portal.
• As RM for IRM, ensure archiving, BLOR, Clean Desk, RM snap Check are performed as the IRM policy.

Control:

• Undertake snap checks / RCA as assigned by the Head of Underwriting.
• Monitor workflow in Ebox queue.
• Participate in audits as instructed by the Head of Underwriting..

Query Resolution:

• Receive queries from the query centre in operations and occasionally directly from branches. Investigate the issues and respond directly to the source.
• Escalate only queries that cannot be resolved directly to the Head of Underwriting.

Risk and Control:

• 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.

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

Click here to apply

Specialist: Quantitative 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.

Job SummaryTo provide specialist advice and support in the development and implementation of quantitative analytics, planning and associated service delivery processes, methods and techniques; enabling the provision of sound product development expertise.

Job Description

Accountability: Model development

• Develop IFRS9 and/or Regulatory Capital models in-house through sound methodologies and statistical analysis.
• Enhancing / refreshing existing models already in place.
• Proficiency in SAS coding is essential.
• Updating models to reflect latest forecasted macro-economic factors; and communicating this impact.
• Testing that model build data is of sufficient quality and completing statistical data analysis to ensure this.
• Producing detailed model build documentation.
• Assisting the model implementation team through answering technical questions around the model workings (inputs to the model, calculations performed, etc.) and with testing (comparing implementation results with documented model) to ensure the model is implemented correctly
• Develop theoretical understanding and practical application of models.
• Ensure full governance processes for modelling are complied with from model inception and build through to validation and sign-off by completing all relevant documentation according to the Absa Model Risk Policy. This includes responding to Independent Review questions and reworking the model build to resolve issues raised.
• Provide detail around the appropriateness of models.
• Perform and report impact analysis, including that of model updates.
• Work in a manner that allows models to easily be revisited or handed over.

Accountability: Stakeholder management

• Actively engage stakeholders (model users, validation team, monitoring team, regulators) to be fully engaged in process and delivery through email discussions, group meetings and one-on-one discussions.
• Present impacts of model updates / model refreshes.
• Generate appropriate challenge on model builds from around the cluster by discussing model build detail and ideas.
• Manage key stakeholders across the business by ensuring their issues, objectives and priorities are reflected in the agreed solutions.
• Explaining methodologies and data feeds to stakeholders when needed.
• Develop and maintain relationships with relevant business units by understanding the business units’ requirements and obtaining feedback.
• Interact with Credit teams when details of their operational processes is required to understand the data / incorporate into the model methodology.

Accountability: Consultancy

• Share insights on the models for which you are responsible for. E.g., on the data used to build the model, drivers of the model, methodology, etc.
• Perform analysis on models to understand impacts, changes, etc.

Accountability: Governance and Adherence

• Familiarise yourself with Absa’s internal Model Risk Governance requirements and relevant Standards.
• Familiarise yourself with the regulations which govern model methodologies.
• Ensure that work which is performed adheres to the above.

Qualifications

• Statistics/Mathematics or similar. · Bachelor Honours Degree: Actuarial Science, or · Bachelor Honours Degree: Applied Mathematics, or · Bachelor Honours Degree: BMI – Business Management and Informatics, or · Bachelor Honours Degree: Mathematics, or · Bachelor Honours Degree: Statistics
• SAS programming proficiency

Years of experience: 1 – 5 years

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

Click here to apply

Senior Manager: Cost Optimisation and TP 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 SummaryTo provide and interpret financial information to all stakeholders of the business for informed decision making.
To execute on, support and educate line managers in the execution of finance related activities and monitor line adherence to Finance best practice and principles.

Job Description

Job Description Accountability:  

• Managing the Finance Environment Execute strategic objectives as articulated by the Chief Operating Officer (COO)/ or CFO for the Business Unit (BU) explaining key focus areas to Executives and line managers.
• Prepare and present monthly financial and variance commentary at Divisional Manco meetings and where required support the Senior Finance Business Partners with presentation to EXCO Meetings.
• Implement and monitor cost control initiatives within the different functional areas within the Business Units to achieve overall Business Unit cost targets.
• Track cost savings benefits for the different centres within the business unit for which the role is responsible as and when required.
• Implement programmes and financial systems and policies as may be directed by the Senior Finance Business Partner for the financial year.
• Compile and present Financials to the relevant business owners monthly including financial actuals against forecasted trends.
• Conduct research and develop financial forecasts and indicators for the business to enable effective financial decision making and early warning systems.
• 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)

 Accountability:

• Financial management and Business Partnering Allocate duties to team members where required to execute and coordinate finance activities required within the business unit to ensure adherence to sound financial management and accounting practices within Business Unit.
• The monthly financial processes to ensure accuracy of inputs and results of the financial system, including FTE cost monitoring, journal processing, Balance sheet management, etc.
• Facilitate yearly financial restatements process to align the financial structure to updated company structure.
• Monitor financial trends and identify gaps, based on gaps identified, motivate requests and new ways of working to the Senior Business Partner for additional resources including people, budget and equipment • 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 must make
• Provide financial 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.
• 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.
• Create and present quarterly and monthly plans to ensure delivery for the year.
• Manage departmental budgets including signing off of invoices and quotes within mandate. Escalate out of budgets or items higher than approved mandate to the next level manager.
• Rigorously monitor expenditure against approved budgets for the areas of accountability and put measures in place to address variances. Continuously identify areas for improved efficiency and reduced costs.
• 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
• Implement productivity improvement measures by coaching line managers on any new processes or on their areas for improvement.
• Populate balanced scorecards for the specific department monthly. Work with the team to address shortcomings during the next month. Escalate any major issues identified to the next level manager
• Participate in the measurement and reporting of internal and external Service Level Agreements monthly.
• Address any process failures specific to the department under management

Accountability:

• Business Planning Partner with the departments and the BU line managers to complete sound annual financial plans within the agreed timeframes.
• Review of the 3-year forecast for Medium Term Plans (MTP’s) for the area of accountability in accordance with BU strategy annually
• Review the 3-year forecast for Short Term Plans (STP’s) for the area of accountability in accordance with BU strategy annually
• Review of the 3-year forecast for Revised Annual Forecast (RAF) for the area of accountability in accordance with BU strategy annually
• Review the expenditure against budget with accountable managers monthly and engage on areas of over-expenditure or cost opportunities and help line managers to implement initiatives where budget savings can be made.

Accountability: 

• Governance Authorize the reconciliations submitted in terms of the GL Framework from the Finance Business Partner (FBP) monthly.

Education and Experience Required

•  NQF Level 7: Honours/master’s degree BCom Accounts
• Minimum 3 year’s financial management experience
• Newly qualified CA or CIMA qualified preferred

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.

Click here to apply

Senior Specialist Financial Resource Management (FRM)

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 enhances Group FRM’s decision‑making by delivering accurate analysis, clear insights, and well‑structured management information. It leads selected analytical workstreams, supports junior team members through guidance and quality review, and collaborates with peers across the bank to support optimal capital allocation and improve the quality of FRM outputs.

Job Description

The role provides reliable information and actionable insights to support capital allocation decisions across the FRM portfolio. The role manages defined analytical projects, ensuring prioritisation, data accuracy, and high‑quality outputs.

It partners with stakeholders across the bank to gather and validate inputs, refine assumptions, and align on analytical requirements. The role contributes to improving team capability by supporting junior analysts through coaching and structured feedback.

Overall, the position strengthens FRM’s analytical foundation, enhances visibility of capital utilisation, and supports consistent, timely delivery of management information and insights.

Key Responsibilities

Data & Analysis

Source, validate, and prepare data from multiple internal and external providers to ensure accuracy, completeness, and timeliness.

Analyse financial, capital, and business data to identify trends, emerging risks, and opportunities.

Translate analytical outputs into clear, actionable insights aligned with FRM objectives.

Management Information & Reporting

Lead the preparation of management information packs, dashboards, and analytical reports.

Produce clear, concise, and well‑structured documents and insights for Group FRM.

Present analytical findings in a logical and compelling way for FRM discussions.

Project & Workstream Leadership

Lead selected FRM analytical projects from scoping to delivery, ensuring prioritisation and strong quality standards.

Manage timelines, refine assumptions, and ensure outputs meet FRM’s analytical and reporting requirements.

Review junior analysts’ work, providing coaching, quality assurance, and development support.

Stakeholder Collaboration

Engage with stakeholders across the bank to gather inputs, validate data, align on requirements, and support cross‑functional analysis.

Build effective working relationships to ensure smooth delivery of recurring and project‑based reporting

Minimum Qualification

• Honours or Master’s degree in a quantitative discipline such as:
• Applied Mathematics
• Actuarial Science
• Econometrics
• or other relevant quantitative fields
• Experience within the banking/financial‑services industry.

Preferred Qualification

• CA(SA), CFA

Preferred Experience                                                                                         

• Over 5 years’ experience in analytical or technical banking environments (e.g., Treasury, Risk, Capital Management).
• Strong experience analysing complex financial and capital datasets and turning them into clear, practical insights.
• Proven ability to produce high‑quality management information (dashboards, insight packs, reports).
• Demonstrated experience leading analytical workstreams and supporting junior team members.
• Experience working across cross‑functional teams to ensure alignment and effective communication.

Knowledge and Skills

• Advanced proficiency in analytical and data‑driven tools used for financial and capital analysis.
• Ability to prioritise and coordinate workloads to ensure consistent, high‑quality delivery under tight timelines.
• Strong analytical and quantitative capability, with the ability to distil complex information into clear conclusions.
• Solid understanding of financial‑services processes and key banking value drivers (capital, risk, funding, margin, portfolio dynamics).
• Awareness of market, economic, and banking‑sector developments.
• Strong communication and presentation skills, with the ability to convey complex insights clearly.
• Ability to coach and uplift junior team members while maintaining accuracy and quality.

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.

Click here to apply

Junior Actuarial 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.

Job SummaryLeverage your developing actuarial and analytical skills to support actuarial processes, including regulatory reporting, risk monitoring, and model development. This role provides exposure to core actuarial functions such as the SAM return and ORSA, while building foundational technical and business understanding.

Job Description

Job Description

Support analytics to ensure accurate financial reporting and assist management decision-making:

Preparation and validation of data inputs into actuarial calculations;

Assist with components of the Group’s SAM return and ORSA processes;

Support production of management information (e.g., risk appetite monitoring);

Assist with budget-related analysis where required;

Support development and maintenance of actuarial models.

Assist in coordinating processes and supporting governance structures:

Engage with internal stakeholders to understand requirements;

Support drafting of documents, templates, and presentations for committees;

Assist with governance and control activities.

Other responsibilities:

Perform ad-hoc analyses and provide support to senior team members;

Assist in maintaining consistency in methodologies and regulatory approaches;

Build knowledge of actuarial and regulatory frameworks (e.g., SAM);

Participate in projects and initiatives to enhance actuarial processes;

Support internal and external review processes (e.g., HAF & Audit).

EducationBachelor’s Degree: Actuarial Science (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

We wish you all the best with your applications