Head of Global Custody Operations at Absa

Job Description

We are looking for your expertise to come and join a team that is going on a growth journey.

• Explain targets and take accountability for the monitoring and achievement of performance objectives in Global Custody Operations in terms of employee satisfaction, customer experience, and cost performance, return on investments, risk, and compliance and governance requirements.
• Perform in-depth analysis of all Key Risk Indicators (KRIs) results monthly
• Provide inputs into reviews of Global Custody procedures, process maps, BRDs for new systems enhancements and new product design
• Provide expert advice and guidance on operational products to teams, internal stakeholders and, if appropriate, clients
• Support and review the Business Continuity Plan to prevent future business failure.
• Deliver effective stakeholder management across all business areas
• Manage stakeholder expectations in terms of new expansions, new products, and projects
• Conduct regular reviews of the business environment to identify real and potential risks
• Design and implement risk reduction, mitigation and avoidance measures to address potential or identified risks
• Develop and maintain networks within the Absa Group across critical areas, including but not limited to product owners, client coverage, and service.
• Maintain high personal visibility with crucial influencers within the bank and externally promoting the credibility of self and the business’s growing capabilities.
• Lead, develop, and motivate the Global Custody Operations team – including responsibility for performance management, development, under-performance, training, assuming reward and recognition, grievance cases, and discipline.
• Appropriately resource the team to execute on the strategy by recruiting and attracting talent to the organization.

Kindly send in your application if you have;

• A Bachelor’s degree or similar
• 10 plus years of Custody experience
• Knowledge of regulatory and statutory requirements: PASA, SARB and Strate Rules
• Knowledge and experience in Global Custody Settlements and Corporate Action processes

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