Senior Manager: Financial Resource Management at Absa Group Limited (Absa)

Job Summary

• Provide strategic leadership in financial resource management by integrating profitability, earnings volatility, capital, liquidity, and balance sheet insights into decision-making frameworks.
• Shape the cluster’s return architecture by defining and managing hurdle rates, challenging pricing methodologies, and ensuring strategic alignment with bank-wide capital efficiency goals.
• Drive optimization through oversight of profitability, pricing performance, and resource consumption, translating financial strategy into actionable targets. Act as a key advisor to senior stakeholders, ensuring that product-level decisions reflect strategic value, risk appetite, and sustainable return delivery.

Job Description

Strategic Analytics & Resource Optimisation

• Shape and grow earnings through client acquisition; pricing; capital and balance sheet strategies to support business growth and financial resilience.
• Assess and optimize capital allocation efficiency with cognisance of the Growth/Return/Volatility FRM framework.
• Evaluate resource allocation proposals and contribute to enterprise-level prioritisation aligned with return objectives.
• Use advanced analytics to identify client/revenue/lending portfolio tilts and strategic investment areas across customer segments.
• Translate financial insights and medium term strategies into actionable recommendations on resource deployment and performance improvement.

Financial management and Business Partnering

• Guide the setting and translation of performance targets to business units and products.
• Monitor return delivery and provide insights to optimise portfolio and pricing outcomes.
• Support robust governance across financial resource decisions, pricing practices, and performance monitoring.
• Ensure consistent application of frameworks that support disciplined financial management.
• Provide thought leadership through financial insight and external benchmarking.
• Partner with senior stakeholders across business, finance, risk and treasury to embed FRM principles into core decision-making.

Strategic Analytics and Resource Optimisation

People Management

• Develop internal capability by developing the FRM skillset within the broader bank, to ensure the necessary resources are in place to achieve business strategy and objectives.
• Implement the people management strategy for the area, in collaboration with the HRBP for the business unit, focusing on talent management, development, resourcing, and retention.
• Embed formal Performance Development and informal coaching within the team.
• Motivate the team and implement measures to recognize and reward direct reports.
• Inspire team members through coaching and mentoring, helping them to perform optimally in alignment with the vision and values, and create a sense of urgency and excitement around the business.

Education and Experience Required

• Minimum B-degree (NQF level no.7) Desired Post Graduate Degree (NQF level no.8+)
• Preferred team lead in Treasury; Loan pricing or Credit Capital & Impairment modelling teams, or similar technical banking environments
• 5+ years professional financial management (including loan pricing) and/or credit risk management experience
• 5+ years Banking Experience at a management level
• Experience in business transformation contexts related to exponential business growth
• Experience in commercial innovation environments
• 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 & Skills:

• Strong understanding of the revenue levers within a Retail bank (Advanced)
• Writing & reporting – seeking ability to condense technical information into understandable and actionable reports (Advanced)
• Presentation skills and comfort in presenting to executive level/C-suite (Advanced)
• Proficiency in data analysis tools (Excel and at least one programming language (primarily SQL, Python or SAS)
• Banking regulation in Credit risk (Expert), and/or Basel Capital (Advanced)
• Understanding of corporate controls and checks (Advanced)
• Computer literacy (Expert)
• Excellent organizational skills (Advanced)
• Relationship management and networking (Advanced)
• Ability to react positively under pressure (Advanced)

Competencies:

• Banking product economics thinking
• Entrepreneurial and commercial thinking
• Decision making under pressure
• Action orientated with less than whole-picture information
• Curiousity and questioning the status quo
• Adapting and responding to change Planning\
• Learning and researching
• Planning and organising
• Relating and networking, Leading and supervising

Education

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

End Date: October 4, 2025