Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise the possibilities on our continent and beyond.
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Portfolio Management: Oversee the performance and risk profile of counterparty risk in Global Markets, ensuring it meets the business’s strategic objectives and risk parameters.
Credit Analysis: Leverage off internal & external resources to identify any fundamental credit concerns in the counterparty risk Global Markets runs at an individual counterparty, sector or sovereign level.
Risk Monitoring: Continuously monitor the credit aspects of the counterparty risk to identify emerging risks and opportunities, taking proactive measures to mitigate potential losses.
Active Credit Portfolio Decisioning: Support credit risk-on decisions with a risk lens and own the pricing framework with respect to counterparty risk and required returns on counterparty credit risk capital. Recommend risk-out & optimization strategies based on credit risk assessments, market conditions, economic forecasts and business financial resource needs.
Reporting and Documentation: Prepare comprehensive reports and presentations for senior management, highlighting portfolio performance, risk exposures, and strategic recommendations.
Regulatory Compliance: Ensure all activities comply with relevant regulatory requirements and internal policies, maintaining accurate and up-to-date documentation.
Collaboration: Work closely with other departments, including Trading, Sales, Risk Management, Research and Compliance, to ensure a holistic approach to counterparty credit risk management.
Market Analysis: Stay abreast of market trends, economic developments, and geopolitical events that could impact the credit portfolio and decisioning.
Skills:
Strong analytical and quantitative skills with the ability to interpret complex financial data.
Proficiency in financial modeling and credit risk assessment tools.
Excellent communication and presentation skills.
Strong attention to detail and ability to manage multiple tasks simultaneously.
Knowledge of regulatory requirements related to counterparty risk management.
Ability to work effectively in a fast-paced, dynamic environment.
Key Competencies:
Analytical Thinking: Ability to think critically and analyze complex financial information to make sound credit decisions.
Risk Management: Strong understanding of risk management principles and practices, with the ability to identify and mitigate potential risks.
Decision Making: Demonstrated ability to make informed, data-driven decisions under pressure.
Communication: Strong verbal and written communication skills, with the ability to convey complex information clearly and concisely.
Collaboration: Proven ability to work collaboratively with cross-functional teams and build strong working relationships.
Education
Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)
Gmail
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