Head Collateral Management & Valuations at Absa

Job Description

• Global Markets operations teams seeks to appoint a specialist  Head of Collateral Management. The successful candidate will be responsible for all operational practices & procedures of the Collateral Management & Client Valuation operations division including Initiation of plans, understanding process change or new product impact, communication, training, delivery, monitoring of performance of implemented solutions, and continuously improving implementation capability in respect of the divisions core functions ( confirmations, settlements, custody, exchange matching and settlement practices and requirements). This role is suited to a candidate with a Business degree with at least 5 years Collateral Management experience in an Investment Bank/ Global Markets. Strong knowledge of CSA, GMRA and GMSLA agreements is required.

Education

• Bachelor`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