Senior Manager - Capital Management at Absa Group Limited (Absa)

Job Summary

• To provide execution, technical leadership, and governance across regulatory capital reporting, capital planning analytics, and ICAAP compilation.
• The VP ensures the integrity of capital metrics, leads key deliverables end-to-end, challenges inputs, and acts as a critical partner to the Head of Capital in committee engagement, regulatory interaction readiness, and strategic capital insight.

Job Description

End-to-End Capital Reporting Oversight (Monthly Flash & BA Returns Support)

• Lead the monthly capital flash process, ensuring accurate ratios, movement analysis, and clear narrative on CET1/Tier 1/Total capital changes.
• Review, challenge, and sign off internal capital MI produced by junior staff.
• Oversee preparation of capital components supporting BA700, BA701, BA600 and financial conglomerate calculations.
• Ensure strong governance, reconciliations, lineage, and control evidence in compliance with RDARR/BCBS239.
• Enhance tools, dashboards, and modelling templates used for capital MI.

Capital Planning & Forecasting (Regulatory, Economic, Stress)

Lead capital planning analytics across Solo/Bank Group/Group:

• maintain and enhance forecast models
• review assumptions and scenario outputs
• Challenge business line and cluster assumptions on RWA, earnings, impairments, FX, and balance sheet growth.
• Provide strategic insights on capital buffers, headroom, and capital action levers (dividends, issuances, risk transfer options).
• Produce forward‑looking capital trajectories for Treasury Committee, GRCMC, and Board submissions.

Committee Packs & Executive Storytelling

Lead development and review of capital-related content for:

• Treasury Committee
• GRCMC
• Group and Bank Boards (supporting the Head)
• Ensure messages are decision-useful: risks, trade-offs, actions, and triggers.
• Translate technical capital movements into clear executive narratives.

ICAAP Coordination & Quality Assurance (Under Head Ownership)

• Lead QA of ICAAP quantitative schedules and narrative coherence; ensure alignment to regulatory expectations and internal frameworks.
• Prepare ICAAP governance packs and support readiness for onsite / regulator queries.
• Ensure methodological consistency across capital modelling, stress testing, governance evidence, and documentation.
• Ensure alignment between Finance, Risk, Treasury, and Model Development teams.

People Leadership & Capability Building

• Coach AVPs/analysts on capital frameworks, controls, and storytelling.
• Set standards for working paper quality, sign-off discipline, and continuous improvement.

Core Deliverables

• High-confidence monthly flash pack and management narrative.
• Strong governance over inputs to BA returns and internal capital metrics.
• ICAAP inputs compiled with tight project control, consistency, and evidence readiness.
• Board/committee-quality packs with clear decisions and risk signals.

Qualifications & Experience

• CA(SA), CFA, FRM/PRM, or equivalent NQF Level 7+.
• 5–8 years relevant experience in capital management, regulatory reporting, treasury, or risk.
• Demonstrated experience leading deliverables across multiple stakeholders and tight regulatory timelines.

Skills & Competencies

• Deep knowledge of capital frameworks, ICAAP principles, buffers, and reporting governance.
• Strong control mindset (RDARR/BCBS239) and audit readiness.
• High-quality written communication and executive-level storytelling.
• Ability to challenge, influence, and drive outcomes across functions.

Education

• Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required)

End Date: February 9, 2026