Head Financial Resource Management at Absa Group Limited (Absa)

Job Summary

• The FRM Head will support the execution of the Financial Resource Management strategy by enabling effective capital allocation and balance sheet utilisation. Provide financial leadership, analytical insight, and business partnering that drives risk-return alignment, financial efficiency, and delivery against strategic objectives
• The FRM head will collaborate with Finance, Treasury and Risk and be responsible for assessing subsidiary performance against Group hurdles at a legal entity level.

Job Description

Performance enablement

• Partner with business and finance leads to translate strategic objectives into resource allocation priorities, financial targets, and return hurdles.
• Enable disciplined financial decision-making through insight-led business cases, pricing recommendations, and performance analysis.
• Develop methodologies and tools to enable complete and consistent measurement of risks and returns
• Participate in performance reviews with business unit heads, providing views on financial and resource drivers of returns and alignment to FRM strategy.
• Support a culture of accountability through monitoring and reporting capital usage against allocation and performance against Business commitments / targets (RoRC; RoE; RWA use)
• Support in-country ALCOs with the appropriate management information and guidance on capital management options to improve Entity, BU and Group retur

Strategic Forecasting & Resource Planning

• Support the delivery of BU level financial forecasts (MTP, STP, RAF) with an FRM lens—capital efficiency, liquidity impact, and balance sheet use.
• Drive structured trade-off analyses across growth, risk, and return, using analytics to support strategic resource shifts.
• Guide on capital re-allocations

Analytics and Business Partnering

• Deliver actionable analytics that inform balance sheet and financial resource tilt, aligned to FRM objectives.
• Consolidate and interpret performance data across products, customer segments, and business units to guide commercial strategy
• Maintain oversight of FRM-related risks, including pricing policy exceptions, below-hurdle approvals, and financial resource consumption risks.
• Collaborate with Treasury, Risk and Finance to ensure capital plans and financial forecasts align with internal risk appetite and regulatory requirements.

Competencies

• Financial Resource and Treasury subject-matter- expertise in large commercial banking groups
• Regulatory capital subject-matter expertise and deep experience of driving effective capital allocation and investor returns growth strategies
• Sound Investor and commercial investment evaluation expertise
• Proficiency in data analysis tools (Excel, Power BI, Financial reporting systems)
• Banking regulation (Expert)
• Writing & reporting (Advanced)
• Presentation skills (Advanced)
• Understanding of systems used (Advanced)
• Excellent planning and organisational skills (Advanced)
• Excellent communication skills (Advanced)
• Relationship management and networking (Advanced)
• Strong performance management and coaching skills (Advanced)
• Ability to think creatively (Advanced)
• Ability to react positively under pressure (Advanced)
• Good understanding of the policies and strategies (Advanced)
• Understanding of Banking operating structures (Advanced)
• Change management (Advanced)

Education And Experience Required

• Minimum B-degree (NQF level no.7) Desired Post Graduate Degree (NQF level no.8+), and Advanced Diplomas: Business, Commerce and Management Studies
• 5+ years professional financial management experience
• Preferred team lead in a Treasury or Finance Function teams or in professional environments
• Experience in business transformation contexts related to business growth
• Experienced in Senior Management and Committee management
• Broad Finance including strategic, commercial, legal, risk and operational aspects
• Ability to build, develop & lead professional level teams
• Understanding of the financial services sector within a professional business environment
• Knowledge of people change management

End Date: November 22, 2025