Specialist Capital Management at Absa

Treasury Capital Management provides technical capabilities and analytical on all matters relating to the capital management portfolio.
The role is responsible for aggregating and reporting of the subsidiary capital positions which support the strategic Treasury objectives of the Bank.
This means ensuring all entity’s meet their regulatory and internal capital requirements, whilst ensuring sufficient levels of capital to support the entities during various economic conditions

Job Description
Accountability: Consolidation and Reporting of Subsidiary Capital Plans 40%

• Oversee the consolidation and aggregation of all entity’s capital plans for monthly actual reporting and forecasting cycles.
• Preparation of and dissemination of the necessary management reports within Treasury and other applicable committee reporting.
• Providing the necessary management information outlining key information relating to the capital position of the subsidiary and the overall outlook.
• Monitoring of capital utilisation and ensuring this remains within approved targets.
• Become proficient in the data analysis tools used by Absa as required (e.g. Excel, other MI tools, and PowerPoint).

Accountability: Consolidation and Reporting of Regulatory capital submissions 40%

• Working closely with the Group Regulatory Reporting team, ensuring the accurate finalisation of the regulatory capital submission, and then publication of management information reports for the respective subsidiaries.
• Key focus on managing the necessary process during workday 13 and workday 20 of each month.
• Facilitate the reconciliation of input data with the necessary subsidiary teams.
• Ensure relevant teams provide sign-off prior to submission of the regulatory returns for the capital management section.
• Managing the accountability and reporting process relating to the BA610 regulatory reports for the capital management section.
• Ability to gather data and document assumptions, performance of reconciliation calculations, production of specific sections of the reports during inter-quarter reporting months.

Accountability: Business context 20%

• Develop a strong relationship with subsidiary execution teams.
• Start developing an internal network within Absa at different business units and within Group Treasury.
• Develop an understanding of the capital management policies and regulations used.
• Support to the broader Treasury and Group teams on matters related to capital
• Assist with production of presentations on topics related to capital management for various audiences as required.

Education And Experience Required

• B-degree (Accounting/Quantitative Finance)
• Prior banking experience required (preferable exposure to a Treasury environment)
• The role requires the suited candidate to be skilled in reporting and analysis of data

Knowledge & Skills:

• Innovative thinker/problem solver
• Broad understanding of banking
• Basel III knowledge (preferable)
• Works well under pressure
• Basic understanding of financial markets
• Good skills in Excel and PowerPoint

Competencies:

• Attention to detail
• Affinity for working with numbers and data
• Clear communication skills
• Relating and networking