Head Collateral Management & Valuations at Absa Group Limited (Absa)

Job Summary

• CIB (Post Trade Services Team) is currently looking to hire a Head of Collateral Management & Valuations.

This role will manage and provide direction & oversight into all Post Trade Collateral Management activities and processes, key being:

• In-depth Collateral Operations knowledge & expertise across OTC CSA, GMRA, GMSLA & Valuation statements, products and processes.
• Recognised as the Collateral Operations Subject-Matter expert.
• Monitor, understand and adapt Collateral Operations to emerging trends in technology, regulation and client behaviour that impact our business.
• Articulate strategy in collaboration with Business, setting strategic priorities while driving and accountable for implementation.
• Ability to quickly identify issues, risk, resolution and proactive communication.
• Build strong stakeholder relationships to discuss concerns, issues, requirements etc and provide sustainable solutions.
• Seek ways to enhance service, mitigate risk & improve efficiency.
• Continuous review of Operations to identify potential weaknesses or vulnerabilities in our systems or processes.
• MI & KPI reporting – monthly review, analysis, reporting & refinement.
• Foster and develop a high performing team

Job Description

Accountability – Collateral Management Operations

• Subject matter expert on PTS Collateral, CSA OTC Cleared, Non-Cleared, Regulatory, Initial Margin agreements, GMSLA Agreements, Valuation Statements
• Manage Collateral activities, including but not limited to margin call processing, settlements, recons, queries etc and provide direction/guidance to team members
• Demonstrate a strong Collateral understanding, front running any regulatory changes or new market practices and interpreting the impact.
• Serve as a key advisor in senior forums, offering operational insights and strategic support.
• Collaborate with senior management to advance team goals by providing essential operational knowledge and hands-on support.
• Exceptional customer service driven by proactive engagement and support.
• Support relevant regulatory reporting through one’s understanding of various legal agreements, Joint Standards etc
• Establish clear ownership & escalation for quick issue resolution & risk reduction.
• Ensure all procedures & processes are documented.
• Safeguard business continuity by carefully managing the introduction of change.
• Liase with relevant stakeholders in respect of Collateral dispute management and escalate per policy.

Accountability – Risk Management

• Maintain risk, control, regulatory and compliance adherence.
• Ensure proactive adherence to regulatory & policy frameworks.
• Ensure that processes, control requirements and risk management frameworks designed for the area are understood and followed by all team members.
• Ensure all risk events pertaining to your area are immediately escalated, thoroughly investigated, understood, and closed out with mitigating controls.
• All risk and control findings, work collaboratively with the Risk team to understand what actions are required to close out timeously.
• During scheduled audits and management assurance reviews, ensure that all information required is accurate and provided timeously.
• Develop detailed and relevant Risk and Control Assessments for the function.
• Develop, challenge & report on all elements of the business performance metrics, ensuring reflectiveness of the business performance and control environment, highlighting concerns.

Accountability - Projects & Strategy

• Articulate Collateral strategy in collaboration with Business, setting strategic priorities while driving and being accountable for implementation.
• Play a leading role in ensuring the successful delivery of projects.
• Embed a culture of process enhancement for robust scalability, efficiency, risk mitigation and outstanding customer experience.
• Clear understanding of the project value adds and benefits vs cost to implement.
• Present metrics that demonstrate productivity & efficiency improvements.
• Articulate pragmatic requirements & solutions for handing over to Change teams.

Accountability – People Management

• Build and maintain a high performing, cross skilled team.
• Foster a positive and collaborative team environment where every contribution is valued.
• Recruit, train and mentor new talent.
• Identify and address the team's learning and development needs.
• Determine which positions are critical with clear succession plans.
• Address performance issues and apply disciplinary measures where necessary.
• Drive team learning through knowledge transfer.
• Set meaningful performance objectives for your team.

Required Education & Experience

• Minimum of 10 years Investment Banking experience.
• Degree educated.
• Senior Collateral Operations management experience is advantageous.

Skills & Experience

Essential

• In-depth Collateral Operations & Initial Margin Regulations knowledge.
• Sound understanding of control & Operational risk.
• Proven track record in successfully & productively managing a very broad & changing agenda.

Competencies:

• Ability to lead and inspire a team.
• Formulating strategies and concepts.
• Excellent analytical skills & attention to detail - proven ability to manipulate & interpret information quickly & accurately to draw insightful conclusions & present findings effectively to a senior audience.
• Ability to initiate & set objectives that will engage colleagues & inspire performance.
• Excellent communication & presentation skills.
• Insight into external market developments, regulatory changes and initiatives.
• Multitasking, adapting and responding to change.

Education

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

End Date: September 26, 2025